Cindy
Very disorganized
Very disorganized, no rates shared until end of process, closing costs ended up 30% more than estimated and then I found out we overpaid and didn’t owe a payment to our mortgage company for 5 months (would have been happier to hold onto the cash)
Response from LendingOne, LLCNov 22, 2022
Cindy, Thank you for taking the time to give your candid review. We pride ourselves on our excellent customer service and seamless lending process. We realize during an investment property transaction there are a large number of back and forth communication. At a glance, this may appear to make the process seem inefficient and prolonged. However, please note in the end our team delivered on its standard closing time of 23 business days for a rental loan. Regarding your closing costs, the additional funds were collected as a prepaid reserve for the first 3 months loan payments. This did not have a net increase on your loan expenses. Our client experience manager will be reaching out directly to answer any further questions you may have. -CM



