I had the most terrible experience I have ever had, since I started home shopping a year and a half ago with Cardinal Financial and Connor Webb. This lender was imprecise with language, could not precisely and expediently (up front) provide a specific list of the documents needed for a loan. It took four months for him to really look at the file.
He had no idea what he needed and spent three months wasting my time. The realtors who referred me to him (Remax) have told me they will not have a relationship with this lender anymore my experience was so poor. Basically every form a bank or entity sent him, he couldn't understand.
I am a W2 employee, with one car no payments, no business income, and this company could not get my pre-approval letter done in 4 months' time. I had to demand it be typed up at all rather than "orally communicated" to the relator at month FOUR of waiting for a clear response from Connor as to why I was still waiting.
There was never a clear "your income is too complicated for us" until MONTH FOUR.
The lender waited 3-4 months just to tell me he couldn't do the work!!!
The lender actually argued with me about typing up the general income pre approval I should have been provided week ONE of the process.
This person was completely incompetent.
I had to forward my pre approval letter from out-of-state a year ago to get the basic letter - despite sending him an entire file of my returns W2s assets and stubbs. He said "I'll tell your realtor you're approved for $300,000." What? "Tell?"
I complained and asked to speak to his manager because he did not want to provide the written letter /documentaion by the time I was ready to fire them, and he said "I'll let my manager know you complained" What?
To get the basic pre approval I went here for, I had to fwd my pre approval letter from my Bank in the state I moved to Oregon from because Cardinal flat couldn't EXTRAPOLATE my income from 1.paychecks 2.W2s, 3.tax returns, and 4. 3 credit reports.
Mr. Webb never told me they could not divide a W2 by 12 for my monthy pay until 4 MONTHS went by of waiting and following up. And nobody took more than 30 seconds looking at my Dept of Education dept to understand I am in REPAYE until 4 months in.
This is the worst service I have ever experienced, anywhere. Period. He was never going to get this mortgage done.
It turns out I have to show my graduate plus loan payments to get pre approved, that was never stated with precision of language in month 1 rather than MONTH 4.
What kind of customer experince is this? It was flat negligent to wait so long to do any real work on my request.
A list of specific document requests should have been sent out the gate.
I can't believe I had to fwd the lender my out-of-state bank's pre approval from a year ago. Which he then retyped.
Do. not. go. here.
Not if you are looking for a mortgage lender, rather than a refi. Zero sense of urgency. Zero communication. This is the most pathetic banking experience I have ever had before. I will never get the four months Connor Webb wasted of my home search back. read more