Feds put 9 lenders on notice about aggressive, misleading VA loan practices

Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct intelliloan vs owning compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.

That demonstrates a lack of regard for your customer. I guess they’re lucky the minimum is one star. I bought 3 properties, refinance 3 times all with different companies.

Get started with your Free Employer Profile to respond to reviews, see who is viewing your profile, and share your brand story with top talent. Borrowers must have a Fannie Mae-backed mortgage for their house, where they must live. This site is directed at, and made available to, persons in the contentinal U.S, and Hawaii only. Overall, Corral completed 23-of-31 pass attempts for 335 yards and carried the ball 13 times for 68 yards.

He stressed that these are just a few lenders among many in the VA loan business. Bright declined to identify the lenders who received notifications, citing long-standing Ginnie Mae policy. If not, the complainant is deemed to have satisfied the second element. The Respondent does not provide any information or context as to why this is relevant to the provision of reviews of Complainant’s business. I have had many issues with JFQ’s process and they have been very frustrating. The person I worked with quoted numbers that didn’t reflect in the disclosure documents.

Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site.

The reviewer had to wait for three months to close and they received an excuse every month. JFQ Lending offered them a lower interest rate to make up for the delay. But at the time of closing, they claimed that they hadn’t offered such low interest at all.

Similar Posts