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nino of hollywood, FL October 8, 2009 i submitted a hard money loan no questions asked, 65% loan to value,i paid the processing fee 2,500 and paid the appraiser 4,000, the property appraised and now they said that the loan didnt cover what i owed and that was a lie, the apprasial came out to be 1,075,000, 65% 698,750, i owed 510,000 on the 1st mortgage and about 50,000 on back taxes which they knew, but they say their is not enough money for this deal. They just want to take the application fee and not do deals. Jeremiah of Fort Lauderdale, FL May 17, 2009 Patron Funding was reffered to me by my Mortgage Broker who express efficient knowledge of how competent this company was. He made an application for a loan on April 7,2009. A Three Thousand Five Hundreds dollars was paid. William and Crystal Murray stated that this was mandatory a requirement of Company's policy to paid up front in order to get the loan which was contractualy agreed to be close on April 27,2009. Currently the loan has not been closed and the money ha not been refunded, nor these two induviduals had not call to explain the reason why this loan did not close, in spite of all the numerous calls that Iv'e made. The receptioness, upon answering the phone,does not disclose her name when asked to,and also stated that Chrystal was never always in to answer the calls. Report Your Experience
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