Review and analysis of over 11 Conventional Fixed Mortgage complaints against Network Capital Funding Corporation
Network Capital Funding Corporation consumers have reported over 11 official complaints related to Conventional fixed mortgage. Out of the 11 consumer complaints against Network Capital Funding Corporation, 55% were disputed by the consumer (i.e. the consumer was not happy with how Network Capital Funding Corporation responded to their complaint) and 100% were processed in a timely manner. 18% of consumer complaints against Network Capital Funding Corporation resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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Network Capital Funding Corporation Mortgage application, originator, mortgage broker December 25, 2016 - I was a home buyer that entered into a contract to purchase a home. The contract included an earnest money deposit of $5000.00, and was contingent on financing. I was a small business owner and worked with Network Capital ( NC ) because they told me that the age of my business would not be a problem. After I discussed my business with - of NC I sent a follow-up email on -/-/2015 that confirmed the conversation. The lender proceeded to charge me for an appraisal fee of $410.00 and in addition I paid for a home inspection fee of $470.00 and surveying fee. The lender did not share th... |
Network Capital Funding Corporation Mortgage application, originator, mortgage broker March 26, 2016 - In - 2015 I applied for a refinance through Network Capital Funding Corporation. I was given loan details, loan terms and eventually was provided with a loan commitment. ( see attached ). During that process my credit report showed items which were erroneous and I worked with the respective parties to have these items removed which they were. However, rather than requesting credit supplements from the credit bureau, Network Capital proceeded to request hard credit inquiries again and again totaling - inquiries in two months and a half months. ( the Network Capital hard inquiries are high... |
Network Capital Funding Corporation Mortgage credit decision / underwriting October 22, 2015 - I was told that I would get a loan at 3.875 % and that they could do it. I explained at first that i had a - '' agreement on my home and was told at first that it should n't be an issue. I did n't get any calls back from - and had to call several times to talk to - -, but had to call his superior.. I had to call his boss - -, who I expressed my frustration with - not returning my call, he said that - would call me back to explain why they could n't do the loan. I never received a call. I then called his boss - - and he stated that they could n't do the loan. I as... |
Network Capital Funding Corporation Mortgage application, originator, mortgage broker August 24, 2015 - Hi, my name is - - and I would like to file a complaint on Capital Network Funding in -, CA. About a week ago i had submitted documentation regarding to a mortgage refinancing with today 's low 30 years fixed interest rate thru this mortgage lender. First I was approved base on documents i had submitted to the lender which includes income from - for -, our - month worth of paystubs from our employer prior to family leave, - 's for -/-/- and -/-/-, and - months worth of bank statements and I also signed the initial disclosures package from the lender. A day or ... |
Network Capital Funding Corporation Mortgage application, originator, mortgage broker August 7, 2015 - On - -, 2015, I called Network Capital to get a rate quote on an investor 15 year fixed-rate refinance mortgage loan on a residential townhouse that I am currently renting out. I stated up-front that I needed a quote on an investor loan refinance. The loan officer informed me that the range of interest rates of 15 year fixed-rate investor loan refinances is between 2.875 % - 3.25 % depending on LTV and credit score. Based on that representation, I proceeded to provide the loan officer with my information on the address of the property, the size of the loan, my salary, the fair market val... |
Network Capital Funding Corporation Mortgage application, originator, mortgage broker June 15, 2015 - I received a refinance interrest rate offer of 3.5% from Network Capital in - California. After they completed a good faith estimate and sent someone here to do an appraisal another lender sent me an email guaranteeing 3%. I told Network about the other offer saying I think I will go with the - lender. Network immediately said they will match their offer if I could get a good faith estimate proving their offer of 3%. I told them they should have made that offer from the beginning and I wasn't going to have the - lender construct a GFE just to bring my business to them. Network began ... |
Network Capital Funding Corporation Mortgage application, originator, mortgage broker April 11, 2015 - After many calls from the company who stated that they could assist us with getting a better rate on our home mortgage, we promptly sent all our personal informationand signed e-documents to - - of Network Captial Funding. He initiallyappeared to be very upfront, honest and knowledgeable. But was pushing us toget all the stuff to him so we could close by end of month. We asked him straight upif they could do honestly do the loan before we gave our CC number for the appraisal. - was very confident that they would successfully be able to completethe process quickly. But after the apprai... |