Usacomplaints.com » Business & Finance » Complaint / Review: Acceptance Capital - Rip Off to Loan Originators - RUN AWAY!. #885784

Complaint / Review
Acceptance Capital
Rip Off to Loan Originators - RUN AWAY!

I was a Branch Manager with Acceptance Capital and due to their inability to get signed up with an investor that provided a core product in my business line, decided to move elsewhere.

Brian Turlock agreed to pay me my commission on my last deal which he did. He also agreed to give me a branch accounting, withhold a large fee for the other loan originator to "sign off" on the deal closing, and then pay out the rest of my expenses.

After the loan closed, I inquired on March 15th as agreed and he claimed no knowledge of making this committment although I have it in an email from him. Further, he won't even answer emails or calls to try to get my final accounting for my branch so I can at least write off the amount he stole from me.

DO NOT GET INVOLVED WITH THIS FIRM! They take months to close easy, high score FHA loans and even charge you, the originator, for the right to close loans inside on their warehouse lines. Then when loans must be extended due to their incompetence, they charge the loan originator or customer with the extension fees.

Very poor place to work. Dont' do it!


Offender: Acceptance Capital

Country: USA   State: Washington   City: Spokane
Site:

Category: Business & Finance

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