Usacomplaints.com » Business & Finance » Complaint / Review: Direct Commercial Funding, Inc - Up-front fee scam. #783430

Complaint / Review
Direct Commercial Funding, Inc
Up-front fee scam

This company claims to be number one commercial lender in the nation, and lists billions of dollars in loans. They issued a Commitment Letter to me after receiving $27,500. Then started "underwriting" and demanded an additional $175,000, which Calvin Blake, President of the company, reduced to $75,000. When I refused to pay, my loan was denied. Then I visited Calvin Blake in Houston, Texas. He appeared to rent a room in suite 900 of this beautiful high-rise building with a receptionist who answers for many companies. Calvin could not give me name of any business or attorney who closed a loan with them. This is an upfront fee scam. Beware of them.


Offender: Direct Commercial Funding, Inc

Country: USA   State: Texas   City: Houston
Site:

Category: Business & Finance

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