Jt
Va Beach,#2Consumer Comment
Sun, December 09, 2007
They have officially closed without warning. I feel bad for the brokers who were affected.
Milton
Mastic Beach,#3Consumer Comment
Mon, July 17, 2006
Lending Tree (which is the crappiest site around), didnt set her appraisal up, it was Tribeca. Tom tried to get a loan with Tribeca Lending and by the looks of it, they were looking for another investor. Which leads me to believe that the Tribeca Lending that he dealt with was not the Tribeca that brokers are used to dealing with. Tom, I'm sorry you were ripped off. You should really have shopped around more. I'm not sure how bad your credit is, but you could try going to your local broker and having him look at banks like Delta Funding or Option One. They're pretty good banks.
Theresa
Round Lake,#4Consumer Comment
Wed, July 12, 2006
I am a mortgage broker who is very familiar with Tribeca as a lender. As far as Tribeca goes, they are a great lender for people who have credit scores below 500. The problem you encountered is with Lending Tree, not Tribeca actually. It is part of Tribeca's prequalification that you must have a loan minimum of 100,000 and you can't go above 75 ltv. Basically that means that you wouldn't qualify for a Tribeca loan in the first place because the value of your home, and the loan amount don't follow their lender guidelines. I think you should definately speak with the Lending Tree because if you're not even eligible for that loan, they certainly shouldn't have made you pay for an appraisal!