Third Federal Savings Complaint - Mortgage Loan - loans

Review by comgrad on 2007-07-07
CLEVELAND, OHIO -- Third Federal was one of the worst lenders I came across when it came to seeking a home refinancing loan. To begin with, they requested a $325 NON REFUNDABLE fee upfront just to process my application. That did not guarantee that I was approved! They insisted that the application had to be completed, and an appraisal of my home was needed before they would let me know if I even qualified! I called 2 competitors, who told me within 5 minutes if I was approved or not.

Why Third Federal wanted a $325 up front remains a mystery.

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