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about a company that says it will help by looking at loan documents to see if you have been victim of predatory lending

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Icon Mini Profile magakvam





Joined: 09 Aug 2010

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1.47 Dollars($)
Post Posted: Mon Aug 09, 2010 11:49 am    Post subject: about a company that says it will help by looking at loan do
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This company is US Loan Auditors in Sacramento Calif. Thery say they do the checking of loan documents to see if you have victim of predatory lending. They have looked at two of my rental home papers and of course say I am a victim. They request a $ 3500.00 down payment and$ 1250 each month while it goes to court. There are no guarantees, no timeline on which to stop making the monthly payments plus they will not give out satisfied customers stories. Stay away? My inclination is- too good to be true
Icon Mini Profile netherton
netherton




Joined: 17 Jun 2010

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Location: Fort Collins, CO
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Post Posted: Mon Aug 09, 2010 11:54 am    Post subject:
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Stay away.
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Nic Netherton
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Cornerstone Mortgage Co
Fort Collins, CO 80525
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Icon Mini Profile magakvam





Joined: 09 Aug 2010

Posts: 2

1.47 Dollars($)
Post Posted: Mon Aug 09, 2010 12:18 pm    Post subject: US Loan Auditors
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Have you heard about them, or just don't like the concept?
Icon Mini Profile netherton
netherton




Joined: 17 Jun 2010

Posts: 200
Location: Fort Collins, CO
29.19 Dollars($)
Post Posted: Mon Aug 09, 2010 1:24 pm    Post subject:
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Any service like that who requires an ''upfront fee'' is bound to be BS. Once they've got your money what is their motivation to follow through?

Google ''forensic audit scam'' or ''loan modification scam'' and have fun reading the stories.

_________________
Nic Netherton
Mortgage Banker
Cornerstone Mortgage Co
Fort Collins, CO 80525
Nic Netherton Loans
970-226-2992

My Daily Rate Sheet
Pat Kvam

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Post Posted: Mon Aug 09, 2010 9:38 pm    Post subject: US Loan Auditors
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My sentiments exactly, but I really was hoping against hope that it would be what they say. I need help but am not desperate enough to throw away funds. Thank you for the info, I appreciate the validation of what I suspected.
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