Land/Home Financial Services Mortgage Complaint

Conventional fixed mortgage Application, originator, mortgage broker

Land/Home Financial Services Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker California

I started out with Landhome Financial Services about 2 months ago The agent`s name is - - and the complaint is about this individual. He was referred to me by the owner of the property. The owner is also the buyer and the real estate agent for this property. His name is - -. At the very beginning - relayed to - - that I can only qualify for - This was not relayed to me. - kept dragging the situation never telling us whether we would qualify for the loan which is held at -. and also never telling me that we would not qualify. Next I was suggested that I should find another job which I did but had to resign after 2 weeks as the job was not on par with my qualifications i.e. the job entailed me - 5.5 hrs for 4 nights a week. I am a - and our - is very much restricted to at most 9 hrs per week. This coupled with a - and being in - I had to resign. I was grilled by - and - as to why I resigned when they were so close to closing. -


- and - also informed me that the property needed some repairs and such should be included in the loan amount which then makes it a -. - called his agents to make an appraisal and came up with this price. I objected to this and told - that I do not want to pay a larger tax and interest and I would rather pay for the repairs out of pocket which I never received any bills for. In addition I received an email from my lawyer in - that notified me of a deed as per a land sale. Under legitimate conditions the translation is done via the - - - in - - via sworn translators who have the permit to operate in the US. - got this translated via google translation which naturally came out as a nonsensical set of words that have no legitimacy. I was in the process accused of lying as well. - - also allowed us to stay in the property until the loan is closed as we were lead to believe that this would close. Now the interim contract is about to expire and the purchase contract which is signed is also about to expire. We are also told by - that he advised - to list this home after all to be sold in the market rather than selling this to us. I dismissed him from this job but now - is still interfering with the process. I also have the emails from - asking us to leave his property right now. This is the type of greed that collapsed the housing market in the U.S. I am not sure if the loan officers and the real estate agents are scrutinized.

Land/Home Financial Services customer in California
Feb 12, 2016

* Source: CFPB Complaint Database

Land/Home Financial Services response to complaint:
Closed with explanation

Consumer disputes how Land/Home Financial Services handled their complaint

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