Page 1 of 2
I too fell for the $500 bait and switch. They charged my credit card and I got absolutly nothing. Once they had the $500, the story changed. Quicken Loans is a RIPOFF! plain and simple. They even tried to get more out of me after the loan promise didn't happen the way he said it would. I had an appraisle come back way lower than the houses around me were selling for and my home is nicer. I think they purposly come back with low appraisles so that they can charge more for the loan and get the PMI into the payment. STAY CLEAR OFF QUICKEN LOANS! 129cb62  Comments (11) |
| 1. Written by johny on October 16, 2010 from los angeles, california, US quick and loans is a scammer at a whole sale level.  |
| 2. Written by Tina on September 13, 2010 from st. louis, missouri, US Loan places are a ripoff because if you don't have a job they won't give you a loan I feel they should not do people they should have loans for people that don't have a job because for myself I am struggling with bills they are taller than I am I wish someone will consider this.   |
| 3. Written by Bman on July 20, 2010 from philadelphia, pennsylvania, US Check the posts in RIP OFF REPORT and read the arrogant glib remarks of KELLY who or what this is? They are PIGS masquerading as a business. They have taken my $500 as well and have no intention of paying me (or anyone) back. They are in the deposit scam business. Signature should not = a $500 FEE! |
| 4. Written by quicken who on December 11, 2009 from phoenix, arizona, US quicken is a bunch of "green p's" who have no idea how a mortgage works. Also they let you state the value of your house, rather than putting in any due diligence. Essentially the amount of loans they submit will have a fallout ratio, and if you play the numbers then a banker can win the game, however, if you do not play this game this way, there is tremendous pressure from the top to do so, or leave. They really don't know what they are doing. They do, however, know how to sell. |
| 5. Written by desertrat on October 24, 2009 from el cajon, california, US PMI has to be returned when your loan balance drops below 80% of the value of your house. Of course, you have to pay for an appraisal. |
| 6. Written by MP on July 23, 2009 from grosse ile, michigan, US All appraisals conducted are INDEPENDENT. Do you understand what that means? It means Quicken doesn't choose the appraiser - a third party orders the appraisal, an independent appraiser conducts the appraisal, and a report and a BILL are sent to Quicken. and there is NEVER any contact between Quicken and the appraiser. The bankers work very hard to get your loan done for you. We are paid when a loan closes, we WANT your appraisal to come in where YOU think it will. It is what it is. If you need someone/something to blame, blame the economy or market. |
| 7. Written by mike on August 19, 2008 from philadelphia, pennsylvania, US Quicken should be avoided because if you are looking into a loan from them, they get your information, then call repeatedly, 2, 3 ,4+ times a day, to 'follow up'-even if you TELL THEM not to contact you (hear that, Greg McMurtry???) I would NEVER deal with them based on the relentless manner in which they conduct themselves. |
| 8. Written by Kiera K on July 28, 2008 from phoenix, arizona, US hey MORTGAGE EXPERT...dont you have some paper loans to write and people to rip off? Obviously you are one of the "bankers" AT QUICKEN LOANS who gets a thrill off telling people one thing then doing something else. Yeah, im a banker too and that is NOT how we run business and that is not what you should endorse, either. QUICKEN LOANS IS A RIP OFF, CAUSE I USED TO WORK THERE AS WELL!!!!!! |
| 9. Written by mortgage expert on April 26, 2008 from detroit, michigan, US the mortgage company that you use CANNOT control what the appraiser values your home at. It is based off of the homes in your area that HAVE SOLD, as well as many other factors. Right now it is not uncommon for homes to appriase for lower than the owner THINKS its worth. The biggest reason for our loans not going through all the way here at my company is also due to low appraisals, it is nothing that the lender can control. Be upset all you want, but it is not the lenders fault. |
| 10. Written by John on April 12, 2008 from chicago, illinois, US Dont purchase quicken for MAC it is a total ripoff too... BUG RIDDEN program it was the only program that has crashed my MAC and try and get a refund for this 70.00 piece of xxxx is like trying to find the ARC OF THE COVENENT... Buyer be WARE!!!!! |
 |
| Comments on Quicken Loans is a ripoff | |
• Keep the topic of messages relevant to the subject. • Personal attacks will be deleted. • No Links or Scripts. |
