Hard Money Lender Xpress Loans 911
Colorado Springs, CO · Member since 2020 · 6 posts · 6 votes
Hard Money Lender Xpress Loans 911
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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
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- Member since 2021 · 18 posts · 16 votes4y
Dear Clients and Lenders,
I am writing this email to expose the fraudulent activity that Xpress Loans 911 has been doing. They are in operation for more than a year now and have scammed people of their hard earned money.
The owners, Robert and Jill Berg are actually on a cruise right now, enjoying the money that you people worked hard for.
I am copying all of Xpress Loans 911’s active clients, lenders, as well as those clients who became homeless, helpless and broke because they have paid a commitment fee towards XP911.
To set the record straight, XPRESS LOANS 911 IS NOT A LENDER. They have NEVER funded even one deal in their entire existence and to prove that, I have copied in this email all of the lenders that Xpress Loans 911 are submitting your files to.
Groundfloor, LimaOne, Residential Capital Partner, Constructive Loans, Sharestates, Velocity and ROC. These are the TRUE lenders and they don’t even charge upfront fees! Xpress Loans 911, charges upfront fees of no less than $2,995 upto $20,000, not including their “Underwriting Fee” of $2,995 that they are charging at closing. Which doesn’t make sense because how can a broker charge an UW Fee when they are not the ones UW the files.
This is not merely to tarnish Jill and Robert’s reputation but to put an end on the inhumane activity that they have been doing. We, the back office team of Xpress Loans 911, felt bad and sorry for all the clients that we are dealing with everyday. We even received phone calls from clients who are begging us to at least help them get their money back or to just tell us that they are on the streets and homeless because of what Xp911 did or that they don’t have the money to even buy gifts for their kids this holiday season because they paid the upfront fee up to their last penny, with the hope of starting a business for their family’s better and brighter future.
Yes, we admit that once upon a time, we’ve been a part of this scheme but things have gotten worse lately and the mental stress that we are getting from this company is also unbearable to say the least. But while we are all in this state, Jill and Robert Berg are on a cruise, enjoying their lives to the fullest or at the casino, gambling. Now, I want to see how they can gamble their way out of the karma that is coming their way.
If you are a current client of Xpress Loans 911, withdraw your file, go and send it over to the lenders I have copied on this email, you might lose your commitment fee but at least, you don’t have to pay for their 2% and Underwriting Fee of $2,995. You have made Jill and Robert way too rich already; let us stop donating them money--YOUR HARD EARNED MONEY.
For our clients who are applying for Line of Credit, please note that the minimum LOC amount you can get approved with isn't $1,000,000 but your current liquidity multiplied by 7. They made you believe that you can easily get approved for $1,000,000 so they can get your $10,000 upfront. We even had clients who paid $20,000 because they were promised a $2,000,000 LOC. And LOC is not 100% financing! You also have to pay for closing costs. Send your deal to LimaOne if you want to get a Line of Credit. Cc'd in this email is Kristen Bolchoz of LimaOne and you can send her an email with regards to that.
For LimaOne, this is to let you know that this is how Xpress Loans 911 markets your Line of Credit Program. They ask the client to pay at least $10,000 upfront for every LOC Application with the promise of 100% financing and no closing costs! That is $10,000 for just a piece of paper.
To all the lenders, I hope that you can cut ties with this company. This company isn’t worth it. We have high respect for you, we know that you are one of the best lenders out there and we feel bad that you got involved in this fraudulent activity. I know some of you can testify how unprofessional Jill and Robert are.
All of the employees of Xpress Loans 911 are Filipinos, we are all based in the Philippines, none of us are in the USA. We are not well versed with how the US Laws work, I hope that our lenders and our clients can work together to give Jill and Robert what they deserve.
Do NOT believe in anything that their SALES are saying. Kenny is not CREDIT COMMITTEE, there’s no such thing. Rory is not UW/CREDIT COMMITTEE, there’s no such thing as well. They are only saying those for you to pay for the commitment fee because they are earning from that. They will lie until they get that money from you! Even if you lose all your money to pay for that, they are sleeping well without any sense of guilt in their bodies.The Back Office Team are the ones suffering from their ******** upfront. They are asked to close MANY deals but those deals are already UNCLOSABLE to begin with. They are overworked due to these lies. They are the ones getting shouted at, cussed at by the client. THESE POOR PEOPLE NEED TO COVER THE LIES THEY DO UPFRONT! And yet, Jill Berg and Robert Berg are still threatening their tenure if they don't close deals. Their back office staff are mentally and emotionally abused each time they conduct a “staff meeting”. Even if you close MANY deals, it is still not enough for them.
Last but not the least, they established a new company, to double the money they are getting from all the lies they are saying. Now, that we are already talking about this please, please beware of the company named Fix and Flip Loan https://fixandfliploan.net to secure your livelihood from these Bergs. Fix and Flip Loan is Xpress Loans 911 version 2. Worst is that they even advised the employees to change their names and threatened to say that Berg’s owned the version 2 scampany.
Greed has consumed them. It’s time to end that.
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