Southwest Funding, LP consumers have reported over 6 official complaints. Out of the 6 consumer complaints against Southwest Funding, LP, 33% were disputed by the consumer (i.e. the consumer was not happy with how Southwest Funding, LP responded to their complaint) and 50% 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 17% resulted in non-monetary compensation.
| Issue | Complaints | Disputed |
|---|---|---|
| Application, originator, mortgage broker | 3 | 33% |
| Credit decision / Underwriting | 2 | 0% |
| Settlement process and costs | 1 | 100% |
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Stop CallsSouthwest 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 ... |
Southwest Funding, LP Mortgage application, originator, mortgage broker May 13, 2016 - To whom it may concern, I believe that my mortgage company committed fraud to get my loan approved by forging my signature to - documents stating that I did not have a car loan when I do. They are now trying to bully me. I have obtained an attorney but wanted to do my due diligence and report their actions to the property authorities. I have attached documentation to prove my case. You can clearly see that there are - different signatures. ... |
Southwest Funding, LP Mortgage settlement process and costs May 14, 2015 - Applied for a loan with Southwest Funding, a loan broker in -, T-. The loan was quoted verbally on -/-/15 by - - as 3.25 % with total fees of $1800.00 to be paid. This loan was - option on the original GFE issued by - -, although the $1800.00 in fees was higher than on the GFE. - issued several subsequent GFE 's, each - incorrect. As of the day of verbally being advised of loan approval, a correct GFE had not been received, however, we continued to proceed in good faith. A correct GFE was never received prior to closing. The final, incorrect, GFE, arrived via ... |