Nickname: Borrower

Review: What are you crying about ? Didn't you know that real-estate people have to make a living also. So what if it's off the backs of hard working, un-intelligient, trust worthy people. A fool is born everyday. Don't you want me to tell my real-estate friend and co-worker what a fool you were in signing your agreement ! So what if you can't afford your house ! I made my commission, my kids go to college (at your expense). I didn't lie to you, I just didn't tell you everything I could have to make you a good consumer ! Want a mortage loan ?

Date reviewed: Apr 27, 2009 2:10 AM

Nickname: san

Review: Well folks, I am a realtor and have been for over 25 years.I always advised my clients to get at least 3 estimates and comparisons from 3 different lenders, so that they could make an educated decision. Perhaps some of these newer agents are different, that is why people need to use realtors, (members of the board), who have ethics and expertise in our field and make sure no one gets ripped off. There are laws to protect the client, and if you have been ripped, please, please file a claim.. We professionals would love to get rid of the rip-offs. It affects our reputation and those of us who really care about out clients have to take all of this verbal abuse. Thank you.

Date reviewed: Apr 21, 2009 3:16 AM

Nickname: CS

Review: Good article ______ http://www.mortgage-lender-reviews.com

Date reviewed: Aug 3, 2008 1:38 AM

Nickname: ReeRee

Review: This guy is telling the absolute TRUTH. My own boyfriend who was a mortgage broker had me refinance my house about 5 times. He made a fortune off of me. I am mortgage to the gills on my house now. NO HE IS NO LONGER MY BOYFRIEND. HE IS A CON MAN. HE IS STILL DOING MORTGAGES. AND, YES, VIRGINIA, THIS MAN IS TELLING THE TRUTH. The people here that is saying he is lying are people in the business.

Date reviewed: May 8, 2008 12:34 AM

Nickname: realistic

Review: I think the reason all the people that are upset at this guy is because he's telling the truth in some ways. I know that broker lenders and real estate agents find creative ways to take from the ususpected borrowers( what they don't know wont hurt them)outing this information hurts the buisness. but the truth is the truth.

Date reviewed: Nov 2, 2007 2:12 AM

Nickname: CA Appraiser

Review: I have a small appraisal shop and have worked with literally thousands of loan agents in the past 20+ years. Of those I would say 25% are ethical and put their client first. 50% just aren't that bright when it comes to business they are what I would term "general salesmen" who could just as easily be selling cell phones or cars;they are not the criminal type but these folks are likely to put you into the loan that's easiest for them which may or may not be the best for their client. The remaining 25% are flat out unethical and brokering loans is just their current foray - I expect them to move on to other pastures now that the mortgage markets are slowing and oversight is increasing.

Date reviewed: Nov 1, 2007 6:19 PM

Nickname: LenderBilly

Review: The mortgage industry will either take a LONG time and a complete overhaul to get it to work efficiently and correctly OR it will never happen because too many people are making too much money ripping consumers off. I'm not just talking about sub-prime either. EVERY borrower gets a little bit at the closing table when they buy or refinance their house. The banks have found loop hole after loop hole that allows them to make more and more money. When one loophole closes, another opens. As soon as this subprime clowd clears, there will be another huge opportunity to rape consumers and make more and more money. there is a fix but nobody in the gov. can take it seriously becasue the banks and Mortgage Brokers have lobbyists. consumers don't have much say.

Date reviewed: Oct 31, 2007 3:49 PM

Nickname: CurrentLender

Review: I currently work for a Mortgage Lender. What this guy did was unethical and illegal, and I'm glad he is out of the business. Our fees are based on the loan, not what the borrower is wearing, nor their education level. The rate we disclose at the time of application remains the same through closing. Anything else violates most state laws. The fact that THIS guy raised his fees when someone walked in with Cowboy boots speaks to HIS character, and just because he violated the trust of his borrowers as well as the law doesn't mean all lenders do.

Date reviewed: Oct 29, 2007 11:55 PM

Nickname: dgwendolyn

Review: Last Febuary I refinanced my home that I purchased in 2004. Now, my husband and I live from pay check to paycheck. It was a disaster! It is our first home & we had an adjustable rate and a 2nd mortage. We refinanced and it was a terrible mistake. The disclosure was 9.2% and we trusted this reputable company and ended up 11.25%. We were paying $900/mo. After refinancing we came out with $2100. We now pay $1400 & it is literally, financially breaking us. Oh! They gave us a "free refinance cerificate and when I addressed this to try & refinance again they tried to do the same thing all over again. What does anyone suggest? We made a terrible mistake. How can this be fixed? Those refinancing schemes suck! They don't help you and yes, I have decent credit.

Date reviewed: Oct 29, 2007 2:07 PM

Nickname: OneWhoBenefited

Review: Most of these comments are the angry voices of those who have been found out. Spare me the poor mouthing "How will we make any money if we can't rape these suckers with these fees?" Whatever happened to the good old days when the INTEREST earned on a loan was the well appreciated way those in your profession EARNED their living and lived comfortably at that. Greed will be the ruination of this country! The motgage lending complainers posting here are the prime example of how blind they are to their own grotesque greed! I would echo one of you in telling you to get a life and earn your living fairly and conduct your business with integrity!

Date reviewed: Sep 8, 2007 2:12 PM