Network Capital
Did not honor signed loan

Business & Finance

Not a good experience with Network Capital. When we first called, everything went well. We got a refi-mortgage with a great rate. They came and did an inspection, and called the town for a water test report, then got the paperwork going.
We signed on the loan and 3 days later were told we had to cancel it because the water test wasn't recent enough, and they couldn't sell the loan. We didn't feel like that was our problem, but when they created a new loan, with the same #s, we did as they asked and canceled the first loan. We had to go through another hour of signing papers.
They called again to let us know that they couldn't do this loan either, because they hadn't bothered getting the results of a new water test. We thought a contract was a contract, but they said they wouldn't go through with it.
They sent us paperwork for another loan, with higher rates, and higher fees. We canceled that one ourselves, and are STILL waiting for them to return our money on the original loan.
Terrible! We will be letting people know about this awful experience.


Company: Network Capital
Country: USA
State: California
City: Irvine
Address: 5 park plaza #800
Phone: 8885638277
  <     >  

RELATED COMPLAINTS

Joseph Nguyen - ALG Capital #603D477
Mortgage loan funded different than what signed. Loan NOTE and Truth -in-lending missing. Mission Hills

ALG CAPITAL - Joseph Nguyen
Forged Signatures on Higher Interest Rate Loan Documents

Elite Capital Consultants
These people lure you in to get the so called "lower rates " but all they want is your money, I have refi'd with them and it cost me $300000 TO gET my RATE higher from 9% & 7% to 9% and 12% ARM

World Savings
Ripoff San Diego

Hunter Financial Group
After 40 years of loans, this is the worst experience I ever had with a loan. Bait and switch and untruthful

Freedom Mortgage Corporation
Freedom Mortgage - Refinance

American Servicing Company
Asc - fairbanks capital ripoff do not honor lending agreements

Freedom Mortgage Corporation
Beware

Great American Mortgage
Troy, MI Intrest rate was much higher than promised

Partners Mortgage
Very deceptive