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Lennar review: Deposit refund issue after my mortgage was denied by lennar mortgage ( 4 comments)

innocent123 of Newark, US

Oct 21, 2022 5:22 pm EDT

Verified customer

Featured review

Purchased a Lennar new construction in June, we were also highly influenced to use Lennar Mortgage. After a 3 month+ long good faith effort (by submitting what we think MORE documents than necessary), we finally got denied. As we then contact the salesperson and talked about cancel the contract, they refused to refund my deposit of 34000+ (5% of purchase price) and threatens to bill 10% of purchase price + any other damages.

I read a similar thread on this website and found out that there are even more victims out there. I am calling out to anyone who fall to the same scam and please contact me, we are stronger together otherwise will be easily crushed by a huge company like Lennar

I feel their contract is deceptive -- so unilateral so they get away with cased that by common sense would be not buyer' fault, a loan which is denied by themself is strong enough for them to initial a cancellation of contract, to start with, which is part of wording in their favor themself contract!

I am in initial contact with a class action lawyer but I will need to get more plaintiff to make this case stronger

Thank you very much!

Desired outcome: Full refund of my deposit And to all the other buyer who have similar issue

4 comments

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Tom Fekete

1 complaint

1 comments

Tom Fekete of SK

Nov 01, 2022 4:41 pm EDT

I am in the same shoes as you. They are refusing to refund my $60K deposit after my mortgage got denied. Their contract is written for themselves to steal money from innocent people. They are greedy [censored]. I am ready for a class action lawsuit. Let me know if you found more people to join. You can email me to tomusa75@gmail.com

vanella101

Tampa, US

2 comments

vanella101 of Tampa, US

Nov 30, 2022 3:34 pm EST

its been 4 months and my cancellation paperwork says up to 90 days to get your deposit refunded ! I contact them and nobody responds and if they do they give me the runaround!

Lennar - Deposit refund issue after my mortgage was denied by lennar mortgage - Photo 1 - comment #2273598

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Lycee

Woodbridge, US

2 comments

Lycee of Woodbridge, US

Dec 22, 2022 9:56 pm EST

Verified customer

Having the same issue. Denied by Lennar Mortgage. Now refusing to refund $20K deposit.

Lycee

Woodbridge, US

2 comments

Lycee of Woodbridge, US

Dec 22, 2022 9:57 pm EST

Verified customer

I'm onboard with a class action law suit

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Lennar Contacts

Lennar phone numbers

+1 (305) 229-6400

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Head Office

+1 (800) 509-4979

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AZ, CA, NV, OR, WA & CO

+1 (410) 423-0407

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Delaware & Maryland

+1 (305) 229-6447

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Ft. Lauderdale, Palm Beach & Miami, FL

+1 (904) 380-0818

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Jacksonville, FL

+1 (800) 698-1929

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Melbourne, Tampa & Orlando / Winter Haven / Clermont, FL

+1 (866) 226-4057

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Naples / Ft. Myers & Sarasota / Manatee, FL

+1 (770) 670-2770

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Georgia

+1 (952) 249-3000

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Illinois & Minnesota

+1 (877) 536-6274

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New Jersey

+1 (704) 542-8300

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Charlotte & Greenville, South Carolina

+1 (919) 337-9444

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Raleigh, North Carolina

+1 (843) 266-4464

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Charleston & Myrtle Beach, South Carolina

+1 (615) 465-4333

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Nashville, Tennessee

+1 (512) 418-0258

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Austin, Texas

+1 (469) 587-5308

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Dallas / Ft.Worth, Texas

+1 (281) 874-8521

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Houston Area, North, Texas

+1 (281) 874-8468

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Houston Area Northwest, Texas

+1 (281) 874-2953

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Houston Area South, Texas

+1 (210) 403-6200

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San Antonio & South Texas, Texas

+1 (877) 566-0437

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Northern Virginia / DC Area, Virginia

+1 (757) 603-4697

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Williamsburg, Virginia

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Lennar emails

webmaster@lennar.com

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Lennar address

700 NW 107th Ave., Miami, Florida, 33172, United States

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