Complain about a product or service

Nationwide Funding Group LLC

69844 Via Del Norte, Cathedral City, Ca

Jeanne of Frisco TX (7/30/03):
I applied for a home loan refinancing on lendingtree.com. I accepted Nationwide based on their rate of 4.5%. They quoted me by phone a rate of approximately 4.4% (loan rates were dropping) and said they were locking the rate in. My credit was approved and I had paid $500 for an appraisal. A couple of weeks later after rates had increased they called and told me the loan had not be locked in (by a former employee). The told me I would have to make up the difference equally with them to get to a loan of 4.6%.

The closing was scheduled, then they cancelled citing issues with the title agency. Then they called back and said they could not offer the 4.6% rate. I would have to pay half a point more.

I have a 6.125% interest rate today. I could have saved $600 or more on my monthly payment. I had more than eight offers to select from. I have an excellent credit rating. I didn't have to submit anything but W-2's and insurance information for the loan to supposedly be approved.

Report Your Experience
If you've had a bad experience -- or a good one -- with a consumer product or service, we'd like to hear about it. All complaints are reviewed by class action attorneys and are considered for publication on our site. Knowledge is power! Help spread the word. File your consumer report now.

Back to the top |