WV R.
Dishonest and Deceitful Loan processes. CFPB has been contacted.
My client was promised a very specific type of loan and received pre-approval for it in writing. Paul Belli intentionally withheld important information regarding if the loan could even be made, based on the type of loan having limits on how many could be issued in a time period, and promised that once the client got estimates (which took 3 months due to renovation season), loan process could begin. He then proceeded to not only discard the client's information, but has been actively avoiding doing ANYTHING to get the loan done. Clients have spent 2 months chasing down obscure information for this loan they were pre-approved for, just for Paul Belli to deny ever having a conversation about it, despite us having everything in writing. This company trots Paul Belli around as the loan expert and one to go to for special circumstance clients, when he does absolutely nothing and is dishonest through the entire process. Now my client is forced to start from scratch with another lender, dinging credit again and providing paperwork again, not knowing if they'll have a home or not due to the process being drawn out so long. Never use this company for any reason.




