Quicken Loan issued a letter of loan approval to me.
On that basis, I made an offer on the property.
Quicken Loans withdrew the approval and denied the loan for no valid reason.
My financial condition had not deteriorated.
Their pre-approvals are not really approvals - more like a pre-qualification.
A pre-approval is supposed to mean that you are approved for a loan, with no loopholes other than fraud or financial derterioration since the time the approval was given
I wasted a lot of time dealing with this company. I wish I had applied at a traditional bank.
Beware when dealing with this company. 129c69c
On that basis, I made an offer on the property.
Quicken Loans withdrew the approval and denied the loan for no valid reason.
My financial condition had not deteriorated.
Their pre-approvals are not really approvals - more like a pre-qualification.
A pre-approval is supposed to mean that you are approved for a loan, with no loopholes other than fraud or financial derterioration since the time the approval was given
I wasted a lot of time dealing with this company. I wish I had applied at a traditional bank.
Beware when dealing with this company. 129c69c
 Comments (1) |
| 1. Written by Kelly @ Quicken Loans on February 28, 2012 from detroit, michigan, US Hi - my name is Kelly and I work with Quicken Loans. I'm sorry about the experience that you've had with us. I'd be happy to work with you directly regarding your loan - feel free to contact me with more details and I'll see what I can do to look into your situation with you personally. |
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