Greenlight Financial Services, Inc
Su Vuong, Loan Consultant The public must know about this deceptive tactic of Greenlight Financial Loan Consultant, Su Vuong
- 12-10-2011
- 63
Warning to all Homeowners, if you are thinking of refinancing & you have these criteria for denial, please stay away from Greenlight Financing, because you will only lose $350.00 of Appraisal fee which is non-refundable:
1. You have not added square footage in you property.
2. You have done total remodeling or renovation in your property.
3. You have a few 'short sales' in your area. A Greenlight Consultant contacted us a number of times in the past offering refinancing since the interest rate had been decreasing, but we weren't ready then. Two weeks ago, the same Loan Consultant contacted us again, so we proceeded with mortgage refinancing. He knew all of the 'above three criteria' in relation to our application, because we told him about #2 criterion. Number 1 and #3 criteria are all available thru public information. He was constantly communicating with us during the process and winning our trust. He set up an Appraisal Company that Greenlight uses to contact us. The Appraisal Agent was overly pleased and complimenting of our home; and was very positive about our condo that it seemed so promising. To our dismay, we were declined due to all of the criteria I mentioned above for which they were fully aware of before the Appraisal. If they knew these, then why set up an Appraisal? Greenlight misled us and to make matters worse we were out $350.00. I smell a scam here. I wish I make $350.00 per 30 minutes. We lost $350.00 because the Greenlight Loan Consultant was not up front with us and failed to inform us that our application can be turned down due to the fact that we fall under the three Criteria I mentioned above. If only they were honest and had integrity I wouldn't have to write this complaint to warn the public. With the downturn of the Economy, we can't afford to lose $350.00 just like that with the possible intent to defraud. I am a firm believer of the saying, 'What goes around comes around'.
Company: Greenlight Financial Services, Inc
Country: USA
State: California
City: Irvine
Address: 18200 Von Karman Ave. Ste. 300
Phone: 86666327832261
Site: greenlightloans.com