- Report: #1219996
Complaint Review: Arora Capital - Rocky Point New York
Reported By:
Unhappy client -
North Lauderdale, Florida, USA
Submitted:
Updated:
-
Author Not Confirmed
Why?
Arora Capital
Rocky Point, New York, USA
Web:
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Business Rating:
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Aurora Capital John Lucido Manipulated and deceived by this broker Rocky Point New York
To all who work with this broker or so-called lender,
First and foremost he claimed he was a direct lender for a hard money purchase in which i wanted to borrow 50%LTV on a multi-family duplex. After charging me a due diligence fee of $7200 he shopped the deal for an additional 2 months before finally admitting he couldnt fund it. I then referred him to someone who I heard could get the deal closed. John then began working with the other lender to get the deal closed. To my dismay he charged me an additional 4 points outside of the closing and claimed that the lender wouldnt allow him to get paid on the deal. Well at least I was able to close it and get funded to finish my product. For anyone who has the unfortunate pleasure of working with this broker claiming to be a lender run!!!! as far away and as fast as you can.
