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Quicken Loans Complaints - ADVANCE FEES

Review all Quicken Loans complaints

Quicken Loans

Posted: 2008-09-18 by Frank Helfer [send email]
ADVANCE FEES
Complaint Rating:  0 % with 0 votes
Company information:
Quicken Loans
United States
Quickenloans.com

My wife had filled out on line that we were looking to Refinance and Consolidate, which Quicken Loans responded to. In her conversation with Gregg Scott on 9/11/08 he had talked her into a loan, that did not fit our needs, and had her put an ADAVCE FEE down of $350.00 to secure the loan interest rate at that time. Now here in lies the problem. A: My wife used my credit card to do so, without my knowledge. B: At no time did Scott Gregg say this was NON_REFUNDABLE, something my wife would have come to me at that time for my input. C: Papers were filled out by Quicken loans on my behalf, without my consent D: After I became involved I talked To Scott Gregg and told him that I didn't feel the loan was in our best interest and notified by e-mail and voice mail. E: Scott Gregg left me to believe that I could get my monies back and referred me to NICK in customer service, at which time Nick told me I wasn't going to get my money back.
Now I am asking you, to do what you can to prevent this from happing to other people in the future, and am wondering if I have any other recourse.
Thanks for your time
Comments United States Loans
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Comments

48 days ago by Susan Hahn [send email]
I have just gotten off the phone with Nicholas Castle from the customer complaint department. He informed me that I would not be getting my full $750.00 deposit back from Quicken Loans. There was you see no way to prove my claim that Brad Schiffin assured me that the money would be refunded to me if the loan didn’t go thru. I feel that every one in the company continued to course me into going thru with this loan. Not until I spoke with Heather did she inform me that only some of the money would be returned. I’m still out $375.55 which I can’t afford. The whole point in approaching Lending Tree and then with Quicken loans was to get some relief with my financial commitments. You’re company has now added to my burden.



My loan was denied because the appraiser under valued my home. One house in my neighborhood was flipped. All the other houses listed on his appraisal were for $240, 000.00 or more. No one would dispute this for me at Quicken and now there are houses listed in my neighborhood for much more than their appraisal of my house and the houses are not comparable in size.



My surprise came when after speaking with Nicholas I Googled complaints about Quicken Loans…..to my amazement (not really) there were more than 5 websites I could have visited and each one had letters written from more than 10 people. The complaints were all very similar to mine all the letter writers were told the same thing while they were pushed to provide a credit card so the application fee could be charged. THE MONIES WOULD BE REFUNED IF THE LOAN DIDN’T GO THRU.



The money I’m asking to be refunded is a small amount compared to the money Quicken Loans makes from lying and cheating people. Buyer beware should be posted on their web site. I was not willing to do anything risky with my credit or my home and Brad said he understood that and that going with Quicken would be safe. I must say it is safe for them but not the people who trust enough to believe what is told to them just to close a deal.

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