Secured Funding Corporation
Too Good to be True Home Equity Loan, RIPOFF!

Business & Finance

We contacted Secured Funding to get a Home Equity Loan to pay off some bills and lower our monthly expenses. We told them we needed a 15-year, fixed interest rate loan, with a low monthly payment. After all was said and done, we ended up with a 15-year, variable interest rate, payments on interest only, balloon payment at the end loan.

All of the required documents were not seen or signed by us. All requests for these documents have not been sent. We did not know at the time of signing the documents about the balloon payment or that the payment quoted was for interest only. When questioned about certain items, Secured Funding had all the right answers. We were also charged $522.50 for recording services that were never done.


Company: Secured Funding Corporation
Country: USA
State: California
City: Costa Mesa
Address: 2955 Redhill Avenue
Phone: 8774684221
  <     >  

RELATED COMPLAINTS

Home Loan Center
Ripoff - Wrong Loan Program Again

Irwin Home Equity
Mortgage Servicing Fraud

Secured Funding
Ripoff liars and break oral agreements

Settlement Capital Corporation
Scam of Interest rate~ Charged 35.961.00 interest on a ($46,135.00-Loan)

Sun Trust Bank
Charge me so much on equity home loan become a line of credit!

Quick Loan Funding
Lied to and ripped off by loan office

Litton Loan Services
Interest only loan that was UNKNOWN TO ME

Quick Loan Funding - HomeEq
Quick Loan Funding & HomeEq fraudulent ripoff business

HomeQ
Ripoff overcharges interest holds payments & changes loan documents

PNC Bank
National City Mortgage Equity Loan