This is a warning to ALL people who may be thinking of conducting ANY business with this company. As a loan officer I agreed to purchase 10 Reverse Mortgage leads from Peter Welch a representative and board member of this company. On 11-11-06 I pre-paid for this service $45 per lead for a total of $450 dollars, and it was agreed I was to receive approx. 2 leads per week.
To date now almost 3 months later I have received only 2 leads TOTAL neither of which was valid or qualified. I have since been in contact with Peter Welch and asked for a refund as they can clearly not supply what they promised and Peter told me the company has a NO REFUNDS policy. Not surprisingly Peter no longer answers his phone nor returns my voice mail or email messages.
Other L/O's beware this service is a RIP-OFF. Consumers thinking of obtaining "free Guide" for loan/mortgage information from this company DON'T BE FOOLED this service is NOT what it appears to be!
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