- Report: #88748
Complaint Review: CONSUMER FIRST FUNDING - SCOTTSDALE Arizona
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Author Not Confirmed
Why?
CONSUMER FIRST FUNDING
7077 East Marilyn Road Suite #140 SCOTTSDALE, 85254 Arizona, U.S.A.
Phone:
480-346-7651
Web:
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CONSUMER FIRST FUNDING Dishonest, Bait & Switch, Unethical Fraudualent Business Practices! Rip-off! SCOTTSDALE Arizona
I was recommended to do business with this mortgage company from someone in the same industry who held them in high regard. The terms I discussed with them were agreeable & so I proceeded to enter into business with this company through one the companies loan Officers. At the end of the transaction, the company representative I had been dealing with called me & said his boss, the brokers Jeff George & Gene Weimer now chnaged their mind and they could not give me the deal that was originally agreed apon.
The home sale was at the end & I didn't have the time to switch lenders & use a different company because if the deal didn't close the deal would fall apart & $10,000 in the earnest deposit would be lost. So closing the loan through Consumer First Funding was the only choice. So Basically I got screwed at the end & when I tried to speak the owners and explain that the terms originally discussed before proceeding with the deal & signing their company loan application was given to me by their employee whom put me on hold & ran it by them and another processor/manager in their office Angela.
Now at the end you cannot chnage things and give someone a much worse deal for no reason because you decide your company needs to make more money! The Owner Jeff was rude & raised his voice & hung up on me. Then the other owner Gene said his partner was going through some personal issues but that they were chnaging the deal & that was it. So at the end their greediness & bait & switch business practice cost me $2231 out of my pocket. Nice Price to pay so the owners can drive their porsches & live in the million dollar homes.
Complete Fraud of a Company who has now a Horrible reputation. If their business reputation is worth ruining over a couple grand that shows a lot. Everyone I know will hear the horrible tail I of the day I receved that call from Cunsumer first funding & I called the person who referred me crying because of what they were doing for No Reason at the 11th hour and she called the owners whom she knew personally & they wouldn't budge. So Everyone beware of this disgustingly greedy company who pulled bait & switch on me.
Nikki
Scottsdale, Arizona
U.S.A.
The home sale was at the end & I didn't have the time to switch lenders & use a different company because if the deal didn't close the deal would fall apart & $10,000 in the earnest deposit would be lost. So closing the loan through Consumer First Funding was the only choice. So Basically I got screwed at the end & when I tried to speak the owners and explain that the terms originally discussed before proceeding with the deal & signing their company loan application was given to me by their employee whom put me on hold & ran it by them and another processor/manager in their office Angela.
Now at the end you cannot chnage things and give someone a much worse deal for no reason because you decide your company needs to make more money! The Owner Jeff was rude & raised his voice & hung up on me. Then the other owner Gene said his partner was going through some personal issues but that they were chnaging the deal & that was it. So at the end their greediness & bait & switch business practice cost me $2231 out of my pocket. Nice Price to pay so the owners can drive their porsches & live in the million dollar homes.
Complete Fraud of a Company who has now a Horrible reputation. If their business reputation is worth ruining over a couple grand that shows a lot. Everyone I know will hear the horrible tail I of the day I receved that call from Cunsumer first funding & I called the person who referred me crying because of what they were doing for No Reason at the 11th hour and she called the owners whom she knew personally & they wouldn't budge. So Everyone beware of this disgustingly greedy company who pulled bait & switch on me.
Nikki
Scottsdale, Arizona
U.S.A.
1 Updates & Rebuttals
J A George
Surprise,Arizona,
USA
The truth to what took place.
#2General Comment
Mon, June 22, 2015
I had seen this complaint years ago and just ran accross it again today. This complaint is not presented by a consumer or customer of CFF. This was a mortgage broker in the Phoenix area. I was licensed in four states including California. She had agreed to send my loan officer a file she had that needed to close on a California home. She was not licensed there, I was. My loan officer worked an agreement with her that my company would process the loan, close the loan, and I personally would be legally responsible for the mortgage. All for $250.00. The comission was about $8,000. She was a licensed mortge broker. She knew if she wanted to do any business with me and my company she needed to come directly to me, the broker and responsible individual regestered with theAZ State Banking Dept. My loan officer was not authorized to negotiate any agreemet with anyone on behalf of CFF. The normal agreement was a 50/50 split. She was extremely upset, yes indeed she was. She knew per regulations she needed to come to me. Not a loan officer. We sent her half of the commission and the transaction was complete. My loan officer wanted to split the $250.00 commission "with the house". He went to the trouble to work a loan from start to finish for $125.00.
This is what they were working out between the two of them, He would get the loan through the prosess, close the loan. Earn the company $125.00, himself $125.00, and split the commission with the local broker outside the office. That was the agreement between them. I liked the loan officer, but this arangement would not work. I fired the loan officer a while later for another issue of dishonesty.
