Ok, as like the rest of the folks here, I too fell for the quicken "good faith" ripoff policy, told everything looked fine , until the appraisal fell short $10,000 bucks... humm seems the town I live in must be way off on they're appraisals , as that is it's been over ten grand more for the last 8 years, ...nice scam ... the appraisal company, owned by "Yes" the same company that owns Quicken ! seems to be making money just baiting people to fork over hundreds , with the knowledge that they have no intention on giving them the loan...whether they qualify or not ! 129ca73
 Comments (4) |
| 1. Written by cbudz on December 20, 2011 from rochester, new york, US Then why has no refund of the diffrence of the $400 minus the supposed $350 in appraisal costs been sent after three months ? perhaps if Quicken didn't pull fast ones on people,it wouldn't have to monitor the comments being made here ! but I'm sure there will be another excuse of a fee to cover that one too... |
| 2. Written by QuickenLoans on December 20, 2011 from detroit, michigan, US Hi. I'm Kelly from Quicken Loans. I'm sorry you didn't have a good experience. Please know that we have no influence on appraisals. And if your appraisal came in low, we would deny the loan. In case of denial, we refund the deposit, minus any money spent on your behalf. WE KEEP NOTHING. It is not a rip-off or scam. The deposit policy is clearly explained on the application you signed at the beginning - it's also on our website. If you or anyone has any questions, please feel free to contact me directly: |
| 3. Written by cbudz on November 27, 2011 from rochester, new york, US to reinterate on this , I applied at a local bank, No "good faith deposit necessary" and the appraisal came in right on the money and at a lower rate than Quicken , No faxing papers , no hassels, and No BS ! So.. Quicken this ! |
| 4. Written by Loans4S on November 26, 2011 from cameron, wisconsin, US It's clearly not the lenders fault your home did not appraise. Know what your talking about prior to posting on a forum |
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