Complaint Review: David Antonelli - WEST CHICAGO Illinois

Don't let Davids smooth talking fool you he is a scam artist and I can prove that I'm his wifes cousin and he pulled the same stuff on me. I have filed a complaint with the Illinois Attorney General, and the FBI so I suggest you do the same.

Dont be fooled like me.and make no mistake, if your reading this and you  still give Dave Antonelli your money and financial records you will lose both.This complaint is not based on whether the customer is right or wrong, rather it is based on paid or not. That is how you need develop your opinion on this.I have paid the funds of $3000. As agreed and it was to be returned  if funding was not obtained.
 What happened here is simple, this broker had  claimed  abilitys to perform special financial services in order to get your deposit  and  lied about what he had intended to do and did.  Another point is when you apply for credit and are denied, you should receive a notice from the company or companies denying you or your company credit and why. Mr Antonelli was  supposed to be looking for two loans .
 I never received a  single decline notice or an indication that my credit report was even looked at!
Here are the facts. At this point Dave Antonelli and National Commercial Mortgage Funding, for  over the last 6 months, has ignored and continues to ignore all requests to refund my 3000.00 deposit. All of his addresses have been vacated, and his company have ignored letters from The Better Business Bureau, where the company has earned an  F- rating for no response. You can look yourself at there websight. In addition to that, they have Ignored 2 more letters from Lisa Madigans Office with The Illinois State Attorney concerning the dispute. They also have ignored at least  5 court appearances in Will County Small Claims Court concerning this matter with absolutely no response.
It is not only my intention to deter you from using this broker, but ALL commercial mortgage  brokers, as you have no recourse in the State of Illinois,  including  confidentiality whatsoever until the law changes and  to license their profession and govern their actions accordingly. If You need a commercial Mortgage DO NOT GIVE THEM ANY MONEY UP FRONT OR YOU WILL LOSE IT.!! Call a bank instead like Chase or Bank of America they have commercial loan department with fasttrac  programs. And they probably wont steal your money.
Im still waiting for mine!!!

This particular customer was brought to me by a local commercial real estate agent  for the intent to purchase an industrial building.  I will start by saying that National Commercial Mortgage Funding,Inc is not a shell,it is the only company that I own representing commercial mortgages, shortly before we were retained by this client, the commercial real estate agent offered us space in his office with thier agents, that is the reason the address in St Charles is no longer occupied.

Please keep in mind, this customer has not verified half of his aqusations, I have been in this industry for 15 years, I have build many solid relationships and those of many prominant individuals in the community, and I am quite eager to provide those references.

There is no such thing as a guaranteed SBA loan, there are guidelines to follow, the problem here is that this customer had over 1mm in sales and W2'd himself, but then took large losses on his tax returns, when you do that, then suddenly report a profit after years of losses for the intent to obtain a government backed loan, the government rejects your loan.  My customer could not accept that.

We started looking at other funding alternatives, while doing this, it came to our attention that the borrower was now trying to re-negotiate his real estate contract by over 100k after he had already signed and accepted the previous contract.

As a company, we have never accepted a deposit in the amount of 20k, we ask for a small retainer just to ensure that our client is out there havingmany other banks run is credit which minimizes our efforts to getthier loan approved.

This client also mentions that we asked for $5,000.00 in cash, then he states that he negotiated and gave us a check, which is it ???

I have built a great company, and at the end of the day, we cannot always make everyone happy.

All I can ask you is that if you have questions, please call and I can provide you with solid references, in fact today I am cloing escrow for a 2.8mm Car Wash for a very proiminent member of Will County, you do not get retained by customers of that caliber.

I know the customer who has written this report, he indeed wasted a lot of mine and the realtors time, even when he insisted on meeting on Sunday mornings, when we should have been with our families.

All I can say is if you eve need repair to a commercial gargae door, do not use a plainfield based company with Blue trucks.

In conclusion, this irrate customer is being made a refund, there is a process and he will have to follow it.