Review and analysis of over 1 Reverse Mortgage complaints against New American Funding
New American Funding consumers have reported over 1 official complaints related to Reverse mortgage. Out of the 1 consumer complaints against New American Funding, 0% were disputed by the consumer (i.e. the consumer was not happy with how New American Funding responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against New American Funding 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 American Funding Mortgage application, originator, mortgage broker October 16, 2015 - I WISH TO FILE A COMPLAINT AGAINST -. DBA NEW AMERICAN FUNDING FOR UNETHICAL ACTIONS, RESPA VIOLATIONS, & BLATANT BAIT & SWITCH WHICH OCCURRED DURING THE PURCHASE OF A HOME IN - - , NV. ON -/-/2015, SET TO CLOSE ON -/-/2015. MY CLIENTS RELIED ON PERSONAL INTERVIEWS, LOAN APPLICATION, A CLASS ON REVERSE MORTGAGES & THE REPRESENTATIONS MADE BY NEW AMERICAN FUNDING & THEIR STAFF. ONE DAY PRIOR TO CLOSE OF ESCROW, MY CLIENTS WERE TOLD THAT THEY NEEDED AN ADDITIONAL $16000.00 TO CLOSE THE REVERSE MORTGAGE. WHEN THEY CAME TO - - THE NE-T DAY, THE LOAN DOCUMENTS, WHICH AR... |