This is an archive of a consumer complaint published against American Equity Mortgage, Inc at Scamity.com on 18-Jul-14.
Business Details –
- Name: American Equity Mortgage, Inc
- Address: 11933 Westline Industrial Dr
- City: St. Louis
- State: Cambodia
- Country: United States
- Phone: 800.236.2600
- Website: https://www.americanequity.com
Original Complaint against American Equity Mortgage, Inc published at Scamity.com on 18-Jul-14 says, verbatim –
American Equity Mortgage will make promises that they will not honor. I was told by AEM that I am a candidate for a mortgage. I told them that I am skeptical since I recently got divorced and my ex husband and I recently did a short sale. Page Vrendenburg from AEM assured me that my situation is not a problem as long as I have a good job, which I do. He said that FHA recently rolled out a new program that will provide mortgages to people in my situation. After spending several weeks looking for a home with my realtor, I finally found a condo. The association told me that they do not do FHA loan. I shared the news with Mr. Vrendenburg. A day or two later I got a call back from Mr. Vrendenburg. He told me that I have been approved for a conventional loan! I was skeptical at first but he said not to worry. My realtor and I went to work gathering all the necessary documents, got the home inspection, home appraisal, termite inspection and a deposit to hold the house. A day before the closing I was told that AEM will not approve my Loan! I lost all the money I put out in trying to acquire this home. Do not use American Equity Mortgage. They are good making promises but do not delivery. Stay away! | And especially stay away from this loan officer: | Page Vredenburg | Branch Manager | American Equity Mortgage | Not only is he unethical, he will not return any of your calls and emails unless you pester him. He should not be in the mortgage business.