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Updated about 3 years ago on . Most recent reply

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Anthony Rodriguez
4
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1
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Xpressloans 911 IS A SCAM!

Posted

Xpress loans 911 is a major scam!! Andrew of Xpress loans sent me a term sheet for 15% down at 6-8% interest on a 30 year loan in which I had to pay 1,295$ commitment fee. Once I paid and went through the loan process with Rory Fernandez the underwriter , the week of closing they told me they couldn’t find a loan with those terms. I was calling them multiple times a day to make sure everything was ready for closing and they still dropped the ball, and now are just keeping my money AFTER THE OWNERS Robert & Jill Berg said they would refund my commitment fee if they couldn’t find me a loan with my terms. TERRIBLE COMPANY THEY WILL KEEP YOUR COMMITMENT FEE AND NOT FIND YOU A LOAN !!!!

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6,755
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,828
Votes |
6,755
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

I am shocked that a company called Xpress loans 911 is a scam. Next thing you will tell me is that We Buy Houses Quick for Cash is also a scam where they don't have the actual money to buy the house.

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Zen and the Art of Real Estate Investing
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