Michael
Lane Scholes with Union Home Loan, Inc. is a SCAMMER!
Lane Scholes with Union Home Loan, Inc. is as bad as they come! (818) 223-0000 23586 Calabasas Rd Unit 203 Calabasas, CA 92302 Very Unethical! I used their company to pull out money from a vacant lot I owned. It was in my personal name with no personal guarantee and non recourse. My dad decided to buy the vacant lot from me. I asked Lane Scholes if we needed to transfer the loan to my dads name to release me of any liability. He said it's not needed because the loan is not even on my credit and if my dad ever defaults then they just foreclose on the vacant lot. And I would have no financial responsibility. So I said ok fine let’s just keep it in my name then with my dad making the monthly payments. My dad paid on the loan for 5 years. They made 100% return on their money. Over $150K profit on $150K loan!!! Since the economy has had a major impact on my dad’s construction company he had to unfortunately let the vacant lot go. When I told Lane Scholes about this he got very angry and said I am financially responsible for the loan now. He begged me to find a buyer for him since he did not want to foreclose on the vacant lot and then try to sell it themselves. Because of my kindness I spend 50 hours of my own time reaching out to every one I know. I found a buyer. And Lane Scholes and him came to an agreement. Union Home Loans, Inc. uses FCI Lender Services, Inc. for billing. I received past due notices in the mail after we signed the assumption agreement and transferred the Deed of Trust out of my name. I reached out to Lane Scholes and asked him to send FCI a release of liability so they stop sending me invoices. He got very angry and said he will only do it if I pay him $1,000.00 I said what is the $1,000.00 for. He said for his pocket!!! So not only was Lane Scholes not appreciative of me finding him a buyer. Even though that was not my responsibility. He also tried lying to me acting like FCI needed the release or else I am still on the hook. And only if I paid him $1,000.00 then he would send them the release. I reached out to FCI Lenders and they were very quick to respond and amazing! They told me they took me off and will no longer be sending me any future invoices without needing any release from Lane. Lane Scholes showed his true colors. He knew that I was going to use him to deploy $1M in cash in a few months when I pull money from my house. And use those funds to be an investor on hard money deals with him. So for $1,000.00 he lost a $1M customer. It’s called GREED. Cutting off the hand that would have fed him for what…$1K.