American Mortgage & Equity Consultants, Inc. Mortgage Complaint

Conventional fixed mortgage Application, originator, mortgage broker

American Mortgage & Equity Consultants, Inc. Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker Texas

I applied for a loan with a company called American Mortgage & Equity Consultants back in -. We were told that we could start construction on a new home before our old home sold and would not have to put any money down until construction was complete. This turned out to not be true. They expected money up front before construction started so we left and went to another company shortly thereafter. Recently I received a letter stating that our loan with them was not approved because of a lack of funds. We did not give them permission to run our credit report within the last 6 months, and we were not rejected for a loan. We left them because we did not trust working with them. I am afraid this fake rejection will negatively impact my credit score.

American Mortgage & Equity Consultants, Inc. customer in Texas
Nov 30, 2015

* Source: CFPB Complaint Database

American Mortgage & Equity Consultants, Inc. response to complaint:
Untimely response

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