Paramount Residential Mortgage Group, Inc. Mortgage Complaint

VA mortgage Credit decision / Underwriting

Paramount Residential Mortgage Group, Inc. Mortgage department,

VA mortgage Credit decision / Underwriting Georgia

-/-/2016 I applied for a loan with Paramount Residential Mortgage Group based out of -, Ga. I was mislead in thinking that my loan would be approved by the local loan officer. He kept informing me that we will close your loan. With his confidence, I put money down on a home, paid for an inspection and an appraisal. To my dismay about six days before the projected close date on the contract, he pulls the plug and gives a denial. I feel that an act of detrimental reliance has occurred. I lost money based on his advice.

Paramount Residential Mortgage Group, Inc. customer in Georgia
Jun 08, 2016

* Source: CFPB Complaint Database

Paramount Residential Mortgage Group, Inc. response to complaint:
Closed with monetary relief

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