Quicken Loans
Good Faith Money Kept After Low Appraisal and Loan Denial
- 09-12-2008
- 21
This is just a warning to be careful when dealing with Quicken Loans AKA / Capital Rippoffs Inc. We were told our loan looked good and paid money up front, supposably good faith money that would be returned if loan didn't go through. When they did an appraisal they claimed our home was worth less now than 2 years ago, even though there are $30,000 in improvements since then. Since it supposably is not worth loan value they denied the loan. We wasted lots of time faxing all paperwork they required and got nothing in return.
Company: Quicken Loans
Country: USA
Site: quickenloans.com