ALG Capital
Mortgage Fraud We were presented with phony loan docs, just like other folks (at least 3 or 4 others we know of)

Just like many others that have been posting on the Internet (on answers. Yahoo.com), we were presented with phony loan documents. When promised a 5.2% 30 year fixed interest rate loan (with no income verification), we actually got documents for a 3.5% loan... Too good to be true. The actual loan was for 6.5%. This same pattern has been repeated with the other cases I have been in contact with. If you have the same experience, contact (as I and others have) the: FBI, Dept of Corporations adn Dept of Real Estate. So far, I have only heard back from the Dept of Corporations, stating they will look into it.

The other victims were not as lucky as I was, in that I rescinded the loan the next day, after calling the lender and finding out what the real loan was.

Company: ALG Capital
Country: USA
State: California
City: Calabasas
Address: 26707 Agoura Road, Suite 200

  <     >