- Report: #75061
Complaint Review: MONEY TREE MORTGAGE - WOODSTOCK Georgia
-
Author Not Confirmed
Why?
MONEY TREE MORTGAGE
665 MOLLY LANE, SUITE 130 WOODSTOCK, 30189 Georgia, U.S.A.
Phone:
770-5175164
Web:
N/A
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
MONEY TREE MORTGAGE ripoff, LIARS, THEIVES!! WOODSTOCK Georgia
In August of 2003 I filled out a mortgage application online.
Two Days later I recieved a call from a man named Randy who said he was from "Money Tree Mortgage out of Georgia". He said I was pre approved for a mortgage up to
$70,000 and I could have it in 60 days, all I needed to do is let them take $300.00 from my bank account for processing my application. I was a little weary at first, but $300.00 seemed like a small price to pay for $70,000 that I had 30 years to pay back. I recieved a full application by e mail, that I had to copy onto legal sized paper and send back overnight along with my
taxes from the past 2 years, my employment history, my social security number, my bank account information, and my check stubs for 2 months.
I was unsure of some things on the application, but I called money tree and spoke to Wendi Perez who assured me that everything was fine and took the time to explain the things to me. I felt very reassured and was confident I would get this mortgage.
After sending my application and my entire life, I waited for a reply. Hopelessly I waited for weeks! Finally I called Money Tree, and spoke to Wendi Perez who said they were processing it now and said I would now be dealing with their underwriter Stephanie Mitchell.
More weeks passed with no word from Money Tree, so I called and called and called. Stephanie Mitchell finally returned my call weeks later and told me I need to
bring my credit score up. I did! I called Money Tree again and again to tell them my score was up, and they told me it wasn't high enough. So I raised it more.
Money Tree (Stephanie Mitchell) again told me my score was not high enough.
She told me it was one thing when the reports I recieved from the three credit bureaus clearly reflected another, a much higher score.
I called Money Tree again to tell them there must be a mistake with my credit because I have my reports and it says something different. Stephanie then e mailed me a copy of the report she was looking at, and after days of trying I could not access the website it orginated from.
I was promised a mortgage by October or November, I signed contracts on two different houses, but lost both deals because the closing dates came and went.
The local realtor and the sellers were very patient and understanding. It is now December, my $300 is long gone, I'm still renting, and I am afraid that Money Tree Mortgage will use my personal information to get money under my name and I will be stuck with it. I plan to seek an attorney and fight back, and I am not alone! In the beginning I recommended my mother to Money Tree to get a mortgage.
My mother went through the same deal, but with a RUSS from Money Tree of Olathe Kansas. I want to get these guys before they can continue to scam people.
SO IF YOU HAVE HAD ANY EXPERIENCE WITH MONEY TREE FROM ANYWHERE PLEASE POST YOUR STORY BELOW>
Salinda
Winfield, Kansas
U.S.A.
Two Days later I recieved a call from a man named Randy who said he was from "Money Tree Mortgage out of Georgia". He said I was pre approved for a mortgage up to
$70,000 and I could have it in 60 days, all I needed to do is let them take $300.00 from my bank account for processing my application. I was a little weary at first, but $300.00 seemed like a small price to pay for $70,000 that I had 30 years to pay back. I recieved a full application by e mail, that I had to copy onto legal sized paper and send back overnight along with my
taxes from the past 2 years, my employment history, my social security number, my bank account information, and my check stubs for 2 months.
I was unsure of some things on the application, but I called money tree and spoke to Wendi Perez who assured me that everything was fine and took the time to explain the things to me. I felt very reassured and was confident I would get this mortgage.
After sending my application and my entire life, I waited for a reply. Hopelessly I waited for weeks! Finally I called Money Tree, and spoke to Wendi Perez who said they were processing it now and said I would now be dealing with their underwriter Stephanie Mitchell.
More weeks passed with no word from Money Tree, so I called and called and called. Stephanie Mitchell finally returned my call weeks later and told me I need to
bring my credit score up. I did! I called Money Tree again and again to tell them my score was up, and they told me it wasn't high enough. So I raised it more.
Money Tree (Stephanie Mitchell) again told me my score was not high enough.
She told me it was one thing when the reports I recieved from the three credit bureaus clearly reflected another, a much higher score.
I called Money Tree again to tell them there must be a mistake with my credit because I have my reports and it says something different. Stephanie then e mailed me a copy of the report she was looking at, and after days of trying I could not access the website it orginated from.
I was promised a mortgage by October or November, I signed contracts on two different houses, but lost both deals because the closing dates came and went.
The local realtor and the sellers were very patient and understanding. It is now December, my $300 is long gone, I'm still renting, and I am afraid that Money Tree Mortgage will use my personal information to get money under my name and I will be stuck with it. I plan to seek an attorney and fight back, and I am not alone! In the beginning I recommended my mother to Money Tree to get a mortgage.
My mother went through the same deal, but with a RUSS from Money Tree of Olathe Kansas. I want to get these guys before they can continue to scam people.
SO IF YOU HAVE HAD ANY EXPERIENCE WITH MONEY TREE FROM ANYWHERE PLEASE POST YOUR STORY BELOW>
Salinda
Winfield, Kansas
U.S.A.
1 Updates & Rebuttals
Kenneth & Marie
Harker Heights,Texas,
U.S.A.
WE GOT OUR MONEY BACK
#2Consumer Comment
Tue, December 23, 2003
WE GOT OUR MONEY BACK ($300.00) My husband and I delt with Stephonie Mitchell and she is a -----. This is what we did: Contact your bank,the dispute department. They will send you an application to fill out, you send them a letter explaining what has happened, send them a copy of this entire page with all of the complaints. your bank will try to contact Money Tree Mortgage, (they will not return their call). The bank will give them ten (10) working days to contact them. If they do not contact the bank within that time, your bank should replace your ($300.00. Talk to the DISPUTE DEPARTMENT OF YOUR BANK, you have nothing to loose. Most of the banks know about this RipOff. I am posting something else for everyone to read regarding Money Tree Mortgage: Mr. Thompson: We are in receipt of correspondence from the Department of Banking & Finance of Georgia concerning the Money Tree Mortgage. We do not show a regulated license for this for this company under that name. The Office of Consumer Credit Commissioner licenses and regulates second mortgage and first & second home equity lenders in the State of Texas. I have reviewed the license database of the Texas Savings and Loan Department for Mortgage Brokers. Their database does not indicate a broker's license for Mr. Webster (the owner), Mr. Lewis or Ms. Mitchell. You may wish to contact the Savings & Loan Department (877-276-5550) to further discuss this company. Finally I have researched the Department of Housing and Urban Developments (HUD) approved lenders list and have located the following HUD-approved lender. Whether or not it is the same lender I do not know. You may wish to discuss this company with HUD. HUD should be listed in the blue pages (federal government) of your telephone directory. MONEY TREE MORTGAGE INC 14180 DALLAS PARKWAY SUITE-508 DALLAS, TX 75254 Branch Office - Title II Telephone: (800) 634-9738 If I can be of further assistance, please do not hesitate to contact me at 512-936-7630. Gary F. Meissner Manager, Consumer Assistance Office of Consumer Credit Commissioner State of Texas 512-936-7630
