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  • Report:  #662613

Complaint Review: Network Capital Funding Corporation

Network Capital Funding Corporation Bait and Switch Irvine, California

  • Reported By:
    Jeff — Charlottesville Virginia United States of America
  • Submitted:
    Tue, November 16, 2010
  • Updated:
    Tue, November 16, 2010

Greg from Network Capital Funding Corporation was extremely responsive in the first week and indicated that my refinance rate was locked in.  He also said that we would close within 3 weeks.  Then he didn't answer the phone or e-mails.  When I finally went through a receptionist to track him down, he told me that the rate had increased by 1/2%.  He said that it was typical for a rate to increase during the process. 

I told him that he deceived me by luring me in and issuing a very misleading GFE.  I have never had the rate increase out of all of my previous refinance transactions.  I know the GFE is an estimate but it shouldn't change by 1/2%.

Stay away from this company!!!

2 Updates & Rebuttals


Jeff

Charlottesville,
Virginia,
United States of America

Misunderstanding has been corrected.

#3Author of original report

Tue, November 16, 2010


This misunderstanding has been resolved by the company.


Jeff

Charlottesville,
Virginia,
United States of America

They corrected the problem

#3Author of original report

Tue, November 16, 2010

Network Capital corrected this misunderstanding and now I'm satisfied with their service.

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