Summit Funding, Inc. Mortgage Complaints

Review and analysis of 10 consumer complaints against Summit Funding, Inc.

Out of the 10 consumer complaints against Summit Funding, Inc. Mortgage, 20% were disputed by the consumer (i.e. the consumer was not happy with how Summit Funding, Inc. responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Summit Funding, Inc. resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.

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Summit Funding, Inc. application, originator, mortgage broker

September 28, 2016 - I was referred to Summit Funding by my real estate agent - -. First thing per - of many phone oriented conversations I was informed improperly by - - and my loan Officer - - that it would not be an issue to change jobs in the middle of my home loan process. My parents offered to gift me the funds for the down payment, this was to come from there personal business account. I made this clear to - from Summit and he proceeded to send me a gift letter. Later on in this process the lady by the name of - - ( from Summit Funding ) requested another different gift letter ...

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Summit Funding, Inc. application, originator, mortgage broker

December 16, 2015 - My husband and I tried to refinance our home -/-/-. We went through the process with a lending company, provided our personal information, paid for the property appraisal and by -/-/- or -/-/- we were told that everything was just about complete and ready for final approval. So In -/-/- I call the finance person handling our loan since we were approved and a check was being cut to pay off the current mortgage company, was it necessary to pay our -/-/- mortgage and we were told no, to hold on to it. ( I have the email message pertaining to this ). A week later we were s...

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Summit Funding, Inc. application, originator, mortgage broker

May 11, 2015 - I have a FICO score of -. My only debt is $ - on a property that just appraised for $ -. I have a - figure guaranteed income. I am looking to refinance my existing property to purchase a - home. I contacted Summit Funding who advertises to be associated with -, who pays my retirement. The loan agent has engaged in bait and switch ( offering closing costs at $1800.00 on the phone, then providing a GFE that was almost - that ). They stonewalled on the appraisal, promising a turnaround of - days which ended up being -. They have caused one delay after another. They of...

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