Review and analysis of over 2 complaints against Southwest Funding, LP
Southwest Funding, LP consumers have reported over 2 official complaints related to Credit decision / Underwriting. Out of the 2 consumer complaints against Southwest Funding, LP, 0% were disputed by the consumer (i.e. the consumer was not happy with how Southwest Funding, LP responded to their complaint) and 0% were processed in a timely manner. 0% of consumer complaints against Southwest Funding, LP resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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Southwest Funding, LP Mortgage credit decision / underwriting September 28, 2016 - Good Morning. My name is - -. I am writing this letter on behalf of my wife, - - and me. PROBLEM : We are filing a complaint against Southwest Funding due to unethical lending practices. Southwest Funding in -, TN provided us with a Pre-Approval Letter for the Buyer of our home and assured us the Buyer could close in less than 30 days. It took over three months to close due to Borrower having credit issues that were not disclosed to us. In addition, we had to sign - extensions for this Borrower and lost the contract on the home my wife and I were purchasing. I am attaching ... |