Review and analysis of 7 consumer complaints against Consumer Real Estate Finance Co.
Out of the 7 consumer complaints against Consumer Real Estate Finance Co. Mortgage, 57% were disputed by the consumer (i.e. the consumer was not happy with how Consumer Real Estate Finance Co. responded to their complaint) and 71% were processed in a timely manner. 0% of consumer complaints against Consumer Real Estate Finance Co. resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 14% resulted in non-monetary compensation.
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Issue | Complaints |
---|---|
Application, originator, mortgage broker | 5 |
Settlement process and costs | 1 |
Credit decision / Underwriting | 1 |
Consumer Real Estate Finance Co. settlement process and costs May 19, 2016 - When I had initially shopped for a mortgage, I was approved for $100000.00. My wife and I found a house. We negotiated a price with - % sellers assist. The mortgage company told me over and over again my closing costs would be $3800.00. I put down $1000.00 as my earnest deposit, which was supposed to leave a balance of $2800.00. Working with the title company I did not have a cost until the day of closing, I had received several different amounts. The day of closing we were given a fee. I went to the bank, got a check for the amount went to closing and was told it was wrong. I sat t... |
Consumer Real Estate Finance Co. application, originator, mortgage broker August 31, 2015 - I am writing to let you know how extremely dissatisfied I am with Consumer Real Estate Finance Co. We applied for a loan with - - - your - -, FL location and was told we were pre-approved for the loan. My wife and I placed a house under contract and paid a $1000.00 binder on the property. Our agent called - when we wrote the offer to confirm the time it would take so we could set realistic closing expectations with the seller. We paid an inspection fee of $250.00, a WDO fee of $140.00, an appraisal fee of $450.00, and a credit report fee for a total over $1800.00. W... |
Consumer Real Estate Finance Co. application, originator, mortgage broker July 3, 2015 - -/-/- my husband and I started working with Crefco financial located at - - - - - - - - Florida -. - - was our loan officer and originally pre approved us for a Usda loan ... We signed our agreement with the realtor and home owner in -/-/- paid for and had appraisal done in -/-/- and was told repeatedly we were closing soon ... By -/-/- we were told we did n't qualify for Usda loan but we could get Fha loan and close it by - so we started Fha loan and once again had to pay for new appraisal for Fha loan ... This does n't include all the t... |
Consumer Real Estate Finance Co. application, originator, mortgage broker April 17, 2015 - I contacted Consumer Real Estate Finance Co about obtaining a USDA loan to purchase a home. I was told I qualified and we started the process. I signed a contract on a house on - -, 2015. Since that time we have not closed, I have spent $1800.00 for deposits, appraisals, inspections, etc and the mortgage company has not given us any closing date. We have had to extend the contract date - and my latest expiration is - -. As of today my file still has not moved out of Underwriting and the mortgage company is not returning my phone calls or emails. They are also not returning my ... |