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Report: #1206941

Complaint Review: Southern Funding Alliance - Dallas Texas

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  • Reported By: swttxfire79 — hurst Texas
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  • Southern Funding Alliance 1000 North Central expwy suite 225 Dallas, Texas USA

Southern Funding Alliance Adam Arnold DO NOT DO BUSINESS WITH THESE CROOKS! Dallas Texas

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Where do I start. We just recently purchased a home and used Southern Alliance for our lender. We agreed on a certain loan amount and was assured countless times we would pay nothing out of pocket. We consistently asked for a good faith estimate and it was never provided. We worked with Adam Arnold for over a month and he assured us over and over that we would have to pay nothing out of pocket even when our house sold for less money.  It is our opinion that the Adam Arnold was incompetent in doing his job because he would never respond. When we got to closing on Thursday, the closing documents said we owed $1400 out of pocket. When we called the lender, Adam acted like he didn't know what was going on. It was super stressful since we had a deadline to get out of the house that we just sold. He adjusted the paperwork and resent it. The resent paperwork was incorrect and said we were going to owe money out of pocket again. Our realtor noticed that he made mistakes with the numbers on the paperwork as well!  He had the property tax incorrect and the home warranty incorrect.  We wasted all day Thursday because he could not get the paperwork right. He refused to eat the cost over his mistake and made us pay for it. We had no choice to go with it because we were backed into a corner and would have been homeless. We were supposed to move from our old house on Friday, but instead we did not close until Friday afternoon. So now, we have an extra $1400 on our loan that we could not afford because of his mistake. We had to cancel movers and move them to Saturday which we had to pay premium. We had to rent a UHaul because we only had 2 days to move out of our old house instead of 3 due to this guys mistake. We were moving from Rowlett to Hurst. We wasted a lot of mileage, gas and tolls going there on Thursday when the paperwork was incorrect. We had to take off an extra day of work that we didn't have because he made us lose a day of moving. I wish we would have went with another lender because now we are paying over budget due to this guys HUGE mistake.  DO NOT GO WITH THESE GUYS!  They are predatory lenders and will say anything just to get the sale.

This report was posted on Ripoff Report on 02/05/2015 10:28 AM and is a permanent record located here: https://www.ripoffreport.com/reports/southern-funding-alliance/dallas-texas-75231/southern-funding-alliance-adam-arnold-do-not-do-business-with-these-crooks-dallas-texas-1206941. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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