NORTH MIAMI BEACH, FLORIDA -- This company is in business to take your hard earn money. They charge you a fee for a application of a home loan. They charged me a fee of 325 dollars non-refundable. I thought ok I have close to a 800 credit score, a low DTI ratio, plenty of equity even in this down market. There is no way I can get denied (Wrong). I locked in a low rate with them, one that they where never planning on giving me. I provided them all the documents they requested and they found a reason after another to deny me.
Once they had no other reason to give me. Veronica at the North Miami Beach Branch said "Why are you providing me documents when you where denied" I was in shock as I still had 14 days before my lock in expired. There scheme is to deny and retain your application fee.