Complaint Review: Network Capital Funding

 I contacted Network Capital after hearing a commercial for them on the Sean Hannity radio show. I was given the impression that they were not bound by the typical mortgage rules, so a large amount of equity might not be required. It was all garbage. Plus, it cost me $500.00 for a worthless appraisal. What' even more disturbing is that long before we ffinalized the deal, which never happened, they contacted my homeowners insurance company and changed the beneficiary to network capital. I only discovered this when my homeowners insurance company sent me a notice. In the final analysis, it cost me hundreds of dollars and and a lot of wasted time (not to mention the frustration) to achieve nothing. Complete waste and questionable business practices. If I need a mortgage in the future, I will stick with a hometown company I can trust.