New Reviewer

Before you jump on the wagon

actually, instant mortgage lending corp, helped hundreds of people pay off high interest rate credit cards bills, tax bills, reinstated 1st and 2nd mortgages that were in foreclosure, home owner insurance, medical bills, construction remodeling, and many other debt that the borrower was trying to get out of. unlike many other lending institutions IML was upfront with ALL of the fees and charges involved. ALL borrowers were more than willing to take the money being borrowed. unfortunately, some borrowers NEVER had any intention to pay back the money being borrowed. all loans were short term loans and the borrowers were supposed to refi or sell their home prior to the loan maturing. it's easy to point the finger now that home prices have dropped and the refi industry has vanished. don't be so quick to jump on that wagon, IML helped hundreds of people and there are ALWAYS going to be a few that will have complains now that they cannot refi and/or sell their home!
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2 comments
#198186

The people working for Instant mortgage are dishonest & thieves and if you do anything with them rest assued you will be screwed too.

#182856

Ravi Rook's defense of this mortgage company's shady lending practices is a comeplete load of *** In theory this compnay is forthright and honest, but in practice that simply is not the case.

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ID
#158915 Review #158915 is a subjective opinion of poster.
Location
Washington, District Of Columbia
New Reviewer

Instant Mortgage Lending aka Note Tracker Corp sued

Instant Mortgage Lending has been sued by several attorneys in Chico, CA for engaging in "predatory lending scheme" and among other things. The company owned by Israel Hechter lends and secures it with the person's house. The fees, cost, points charged are in investigation. This company is evicting a disabled woman from her home. Instant Mortgage Lending knew she had no income yet they lent her money. Chico woman has equity in her home and that is what this company conspired to get from the beginning. They will be investigated for all their loans in this state and plus.
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27 comments
#915047

Wow that is the best news

#915039

They are now going to jail on January 5, 2015.

I'm sure this is a legal mess for all involved as based on this thread and the news reports this family was bribing the banks to sell the loans below market to them and then they played hard ball with the foreclosure and servicing process. Does this mean banks can be sued because the bank employee caused there loan to be sold to a scammer?

#867596

The two brothers are Grade A ***....2 Israelis (and I'm a Jew)--no difference between them and Arabs.

#562090

I quit working for him when he wouldnt share his convertable ferrari

#418194

Can anyone tell me which law office is dealing with this lawsuit?

#414906

I was a client/victim of Note Tracker during the post date and am wondering if there's still action against them to get involved with. The laws we use to mortgage our homes nowadays came along too late.

#328568

Chase bank held my payments in suspended accounts, Charged off the account, then sold my loan to ____, who is really Nationwide Servicing Center, Inc. They reduced the total balance, 70 to 50K (but not really the rep said then back tracked when I questioned); $700 applied to 50K balance, $350 a month at 4.75%.

$3150.00 paid to date (all on time) and only $152.08 towards the principal in May 2011. I looked up Nationwide Servicing Center online to check my account and they are NOT online. I noticed the Senior Rep's email address: @notetrackercorp.net and found this site.

Thought I was dealing with a mistake, now I'm feeling like I need to contact the Attorney General of Washington State. Any advise?

#322982

Checked the Court and the case is still going - The accused, Instant Mortgage Lending is dragging and wont settle.

#910522
@PissedConsumer322982

Any update on this case? We lost our home to them...

#198188

They are sued in many states for doing shady businesses in lending and mortgage industries. Becareful and stay away from them. if U dont U will lose.

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ID
#146734 Review #146734 is a subjective opinion of poster.
Location
Chicago, Illinois

About

Instant Mortgage Terms of Service
These terms and conditions govern The Customer's use of Instant Mortgage's' website; by using Company's website, The Customer accept these terms and conditions in full. If The Client disagree with any part of these terms and conditions, do not use Instant Mortgage's' website. Unless otherwise stated, Website or Instant Mortgage's' licensors own the intellectual property rights in the website and material on the website. Subject to the licence below, all these intellectual property rights are reserved. The User of company services may view, download for caching purposes only, and print pages from the website for The User's own personal use, subject to the restrictions below. Company's liability is limited and excluded to the maximum extent permitted under applicable law. www.instant-mortgages.com will not be liable for any direct or indirect loss or damage arising under these terms and conditions or in connection with Company's website, whether arising in tort, contract, or otherwise.
To read more: https://www.instant-mortgages.com/terms-conditions
Instant Mortgage Privacy Policy
Instant Mortgages Ltd. is the Data Controller of the personal data that The User provide. To be able to provide The Client with advisory services and to be able to act as an intermediary between The Client of Instant Mortgage and, for example, a mortgage lender or insurance provider, Instant Mortgage will need to collect basic personal data about The User such as names, addresses, employment history, etc. Website need to know basic personal data to be able to properly assess The User's circumstances and to be able to provide The Customer with the full advice and recommendation service that The Company offer. The Company will not collect any data that is unnecessary for www.instant-mortgages.com to be able to provide Instant Mortgage's' services. All the data Website collect from The Client will be processed by Instant Mortgage's' staff in the United Kingdom and no 3rd parties will have access to The Client's personal data unless there is either a legal obligation for www.instant-mortgages.com to provide them with it or The User have given The Customer's consent.
To read more: https://www.instant-mortgages.com/privacy-policy
Summary

Instant Mortgage Ltd is a loan company authorized and regulated by Financial Services Authority (FSA). All consultants that work in Instant Mortgage are highly trained and very professional so they can provide the best consultation to every customer. Company offers several types of mortgages including interest rate schemes, capital and interest repayment mortgages, interest only mortgages, re mortgaging, buy to let mortgages, flexible mortgages, self build mortgages. Also Instant Mortgage works with insurance services providing life insurance, critical illness insurance, mortgage payment protection insurance, permanent health insurance, building and contents insurance. Instant Mortgage is a one stop show for re mortgaging, first time buyers and home movers.

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