Network Capital Funding
The famous bait and switch rip off artists sam roumi and network capital funding

Miscellaneous

I Originally inquired with this company about a refinance two months ago, April 19th. I looked at four different mortage companies, on the phone network capital appeared to be the lowest. They told me the interest rate was 4.625% fixed for 30 years with $6,700 total costs for everything, escrow, closing costs, and title work and I was faxed a good faith estimate from this company and it was filled out by an employee by the name of sam roumi, so it seemed legitimate. I paid $out of my own pocket for the appraisal which seemed like a shady process with them to begin with, my gut feeling was it was starting off bad from the get go. My Loan amount was $292,000.
A month after the appraisal was completed I was still waiting for the approval and waiting for the loan to close. After my approval on the loan, they tried to tell me the interest rate was now 5.375% or I would have to pay 4 points to get my 4.625% rate back, would would equate to $11,680 in addition to the $6,700 for costs of the loan which is absolutely crazy. They never locked my loan, they had no intention of getting me that rate or being honest and upfront. This sam roumi guy was absolute scum. I'm an attorney so I know what kind of scam artists this guy and this company is, I'll make sure to report this outfit to the better business bureau as well
This sam roumi guy is as shady as they come, this company should be shut down, and this sam guy should go to prson, im sure this company and especially sam have been ripping off people for many years. Do yourself a favor and your family favor do not ever do business or ever consider doing business with sam roumi or Netwrok Capital Funding located in Irvine, California

Verlaine
Seattle, Washington
U.S.A.


Company: Network Capital Funding
Country: USA
State: California
City: Irvine
Address: 2040 Main St, Suite 420
Phone: 8885638227
  <     >  

RELATED COMPLAINTS

Network Capital Funding Corporation
Bait and Switch

Amerisave Mortagage
Bait & Switch, approved low rate then cancelled loan to switch to higher rate

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

Crossline Capital
At best: Unprofessional firm

Settlement Capital Corporation
Scam of Interest rate~ Charged 35.961.00 interest on a ($46,135.00-Loan)

Quicken Loans
Rock Financial Interest Rate Bait & Switch - Good Faith turns to Bad Faith

First Deposit Capital LLC - Sterling Hills Capital LLC
Scammer crook and not a direct lender keep your money in your pocket

Capital One
Capitol One Changed a Fixed Rate Loan from 3.5% to 13.5% I had never been late on my payment

Network Capital Funding Corp
Network Capital Funding Corp - Ryan Mercado Deceptive, misleading, untruthful information

Quick Loan Funding
Appraisal fee rip off