- Report: #1278344
Complaint Review: Quicken loans - Detroit Michigan
Reported By:
Louis -
Woodland Hills, California, USA
Submitted:
Updated:
-
Author Not Confirmed
Why?
Quicken loans
Detroit, Michigan, USA
Phone:
313-373-3000
Web:
http://www.quickenloans.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Quicken loans I applied for a home mtg. loan and got the biggest run around of my life. It took quicken over a months to finaly tell me that my funds could not be proceed. Detroit Michigan
I applied for a home mtg. loan and got the biggest run around of my life. It took quicken over a months to finaly tell me that my funds could not be proceed. Due too government restriction via FHA. Two minor litigations for slip and falls from the property management team - RossMorgan Co (The Met Woodland Hills). This is a 1300 unit condo property, with vast resources.
I provided all documentation for the loan within an hour at each request. Same for any subsequent documentation.
They strung out the timeline, as I was assured everything was perfect. Excellent Credit, 1000.00 debt, debt to loan excellent, NO RED FLAGS (other than this silly litigation for modest amount). Min you this property is the most sold in Los Angeles.40+ units last year, a number if the FHA (Bof A, Citigroups, ETC. mortgage lenders). This property sells all the time FHA - never had refinance or financing issues. Somethings a miss.
I continually followed for status. While they returned the calls, they were not listening and blaming on the government FHA program.
Please avoid QuickenLoans. QuickenLoans abused the FHA guide lines.
Whether recent increases to loan percentage rates (locked in @4.375) or Just getting deposits (500.00 - Appraisal, fees- say they would refund some all other had no luck). This is a pretty shady practice. Steer Clear.
Quicken loans I applied for a home mtg. loan and got the biggest run around of my life. It took quicken over a months to finaly tell me that my funds could not be proceed. Due too government restriction via FHA. Two minor litigations for slip and falls from the property management team - RossMorgan Co (The Met Woodland Hills). This is a 1300 unit condo property, with vast resources. I provided all documentation for the loan within an hour at each request. Same for any subsequent documentation. They strung out the timeline, as I was assured everything was perfect. Excellent Credit, 1000.00 debt, debt to loan excellent, NO RED FLAGS (other than this silly litigation for modest amount).
Min you this property is the most sold in Los Angeles.40+ units last year, a number if the FHA (Bof A, Citigroups, ETC. mortgage lenders). This property sells all the time FHA - never had refinance or financing issues. Somethings a miss. I continually followed for status. While they returned the calls, they were not listening and blaming on the government FHA program. Please avoid QuickenLoans. QuickenLoans abused the FHA guide lines. Whether recent increases to loan percentage rates (locked in @4.375) or Just getting deposits (500.00 - Appraisal, fees- say they would refund some all other had no luck). This is a pretty shady practice. Steer Clear.
1 Updates & Rebuttals
QuickenLoans
Alabama,USA
Quicken Loans Review
#2UPDATE Employee
Thu, January 07, 2016
Hey, there. My team would like to look into your experience with us. Please send us an email at [email protected] with your loan information. Thanks!
