Sebonic FinancialReviews of sebonic.com

Had an incredibly wonderful experience with Don, closed on time in 1 month!

Do not use this lender. They were over 3 months late closing my loan causing me to almost lose my property since it was on a bridge loan. Their disorgnization cost me thousands of dollars in interest and penalties from the bridge loan. I literally called 3 diferent people from the company every day for weeks and often didn't speak to anyone for days at a time. Underwriting is excruciatingly slow and only ask for a document at a time and then your whole package does to the bottom of the pile. Also be aware, their rates are low but their fees are VERY HIGH. Use anyone else if you can!

This is the worst experience I have ever had in either applying for a mortgage or refinancing. The people involved (except for the loan officer - D McKnight) were completely incompetent. They requested information in a piece meal manner and some time, requested the information multiple times. Also, they did not even review carefully what was provided and requested the same info again. Two delays in closing and a day after the second scheduled closing, they asked again for another piece of information. I just wasted the last six weeks with these people. After all this torture, I told them I am no longer interested in working with them. Stay away@

Tamara is very professional and knowledgeable. We had an amazing experience.

would not recommend this place. was going well until the mortgage lender started getting pushy, and wanted me to sign right away. The kicker was when this rep. started to get pushy and then said, "why don't you sign now, don't you trust me?" Really?! After only 1 or 2 phone conversations.

Everything was going well then the two clowns went quiet . Then I get told more verifications needed and then everything was in a rush and a deadlines missed . I regret ever listening to this BS reviews saying they were good . Will never deal with then again ever! You can tell right off they have some fluff reviews that suckered people like me.

If my first transaction had been with sebonic financial - I would have never dealt with real estate again. Luckily, they are my 7th and by far the worst I have dealt with. This is a warning to anyone considering using them. Ran my credit 3 times over the course of 1 month. When I got assigned to loan officer she immediately told me she was going out of town next week and I wouldn’t be able to reach her. We could continue the process the following week. I followed up multiple times. The day before closing they told me they couldn’t do my loan anymore due to a change in covid regulations. I followed up with 1 bank and 1 broker with the situation and they both told me they could do my loan even with new covid regulations. I’m currently approved with another lender who is aware of all restrictions and closing in 2 weeks. Save your time and money and go with someone better. To top it off, this whole process took about 2 month due to their slow response times and I’m out $500 on an appraisal that can’t be used at another bank.

What started off as a great introduction turned into a psychological thriller really fast. Once the loan originator handed me off to the Transaction Coordinator, it become weeks of uploading documents over and over because they could not close in time. I was always prompt in providing every single document – uploading them within an hour of notification. They asked me repeatedly to bug my employer for employment verification, when it had already been sent to them twice before a week prior. Another pointless and weeklong setback with additional costs since we keep going beyond the effective date. As we were about to sign the final documents, a review of the documents by a notary revealed that the deed had not been updated to reflect the information in our application. The notary contacted the folks that sent the documents over. Two days pass and there were no updates. Turns out, none of this information was communicated until I bothered to ask. Changes required additional fees and more processing time. Finally, we are clear to close (again) and I set a date and time with the scheduler to sign the documents at the home being refinanced. A notary called me to confirm and I appreciate that they did, as the address that was provided to the notary was in a completely different state. I can’t wait to see what will go wrong next. I couldn’t wait until I signed the final papers before writing a review. All the delays have resulted in a higher closing costs and breakeven costs for me because they can’t get their act together. I just want the nightmare to be over.