American Financial Network, Inc. Settlement Process And Costs Complaints

Review and analysis of over 5 complaints against American Financial Network, Inc.

American Financial Network, Inc. consumers have reported over 5 official complaints related to Settlement process and costs. Out of the 5 consumer complaints against American Financial Network, Inc., 20% were disputed by the consumer (i.e. the consumer was not happy with how American Financial Network, Inc. responded to their complaint) and 40% were processed in a timely manner. 20% of consumer complaints against American Financial Network, 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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New Settlement Process And Costs Consumer Complaints


American Financial Network, Inc. Mortgage settlement process and costs

June 6, 2016 - We worked with our local lender to get preapproved for a $ - mortgage. After finding a property and our offer being accepted, our local lender started working with - - based out of -, CA to close our loan. It was about 4 weeks into the 6 week closing process that we noticed issues with - -. We were being asked to gather information on previous employers, go to the IRS office ourselves for tax transcripts, told after the set closing date that our current FHA loan needed to be paid down when we were told originally that this new loan was not dependent on selling our previous p...

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American Financial Network, Inc. Mortgage settlement process and costs

September 1, 2015 - Dear officer, I was provided a very competitive 30 yr fixed mortgage quote by AFN when I first started searching for lender. We were given GFE and numbers and interest rate shown on the GFE were very promising. Based on those numbers we decided to proceed with AFN. During the loan process interest rates went up and I asked AFN to provide both 30 yr and 15 yr loan option to us. Comparing those - options I decided to proceed with 15 yr loan. I requested AFN representative ( branch manager ) on phone to confirm the lender credit to which he confirmed to me that credit will be .- % of the lo...

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