Prime Source Mortgage Scam
DO NOT BELIEVE A WORD THESE PEOPLE TELL YOU - DO NOT DEAL WITH THEM- NEVER GIVE THEM MONEY NO MATTER WHAT LIES THEY TELL YOU. I was called by Randy Crutchfield about refinancing my mortgage. He told that I was APPROVED for a refinance of my mortgage based on financial information he had from a past loan he had brokered for me. I told him I had purchased a second home since getting the original loan but that it was free and clear and my daughter and son were paying all expenses such as taxes, hoa's, utilities (and I signed and faxed him a statement to that effect. He said it would not affect the approved loan. He then asked me to pay $445 for an appraisal, and when I balked at that, he assured me that if the appraisal came out OK, the loan was a done deal. I paid the fee and the appraisal came out fine. Then after continuing to ask me for more and more financial documents, he finally told me the loan was denied. Regardless of the reasons he gave me for denying the loan, that $445 fee was paid to him based on his promise (lie) that everything was approved and the ONLY other thing required was to pay that $445. I don't care why they finally denied the loan, the only issue is that I was told by him that the $445 and appraisal were all that were needed from me, and that the $445 would be returned to me. I filed a complaint with the BBB and Prime Source responded with more lies and incorrect statements and accusing me of asking them to commit fraud by not reporting that I owned a second home that I have a mortgage on (I have no mortgage on that second home and I obviously reported it to them with a signed document). Thank you.
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