Cogo Capital — The Private Money CompanyReviews of cogocapital.com

HORRIBLE. I had two great deals fall through dealing with this company. Nothing is done in a timely manner.

Sent cost breakdown on 65% loan to value. Terribly slow...sent cost projections 3 times. Night before closing they changed everything and wanted twice down what had been agreed to....forced me to get appraisal for $675 and they then did not even use it to get more junk fees. Too bizarre not to be true. Defined predatory lending.

Absolutely the most unprofessional experience that I have ever had. I had three different loan officers, and none knew what was going on until the last one. They all just kept quitting. By the end of it, the one LO who was decent couldn't make up for the others. It was too late. Absolute fiasco. I should not have closed the deal knowing what I knew of their service, and the fact that with a rehab loan the relationship would be ongoing. But I did because I had an obligation to the seller. Making this choice cost me thousands. Unbelievable junk fees! I refi'd out right away, but not before I got to spend a ton of cash on something that I got no benefit from. I want to say that I am a seasoned renovator and a real estate broker with decades of experience. This seemed like a good idea for a sec, establishing a relationship with a lender for fast rehabs that would cost more but have none of the red tape. Too bad it had all of the red tape, with a nice heavy dosage of incompetence. When they saw that I refinanced, they called me and asked me what they could do to earn my business back. I ignored the call. I was not uncommunicative at all during the process, so they knew my misgivings. Even if they had refunded all of the money I wasted closing this loan, I would never go back nor recommend. AVOID!