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Home  »  Consumer Reviews  »  CONSUMER  »  I admit I got taken by Quicken loans
I admit I got taken by Quicken loans
Mar 20, 2008
quickenloans complaint by Tpickett23
Quicken Loans sent me a mortgage approval letter and told me over ten times that we are closing on a specific day. They always made an excuse or wouldn't reply . I gave them a $500 deposit (ouch) and because the appraiser valued us low, we did not close and we lost out on our $500 and a months worth of time. Bad communication on Quicken's part and way to many promises that they do not care to keep. They will tell any person, no matter what their situation, they are approved from the first phone call and everyone thereafter.

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  Comments (3)
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1. Written by middlegir, on 16-07-2008 17:53

I can't believe this, the same thing happen to me. I was told that my $500 would be refundable. I have called and written emails, and have not received a response.

2. Written by Been There Too, on 23-04-2008 06:24

False promises etc., etc. 

Report them to the FTC. At the least, the company's practices should be investigated. Quicken's flunkies all post here for the purpose of damage control. Let an investigation/audit be conducted and then we will see who's right and who's wrong.

3. Written by mitch torres, on 20-03-2008 18:18

I just went through the exact situation. Class action man!

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