This is an archive of a consumer complaint published against American Financial Resources at Scamity.com on 28-Aug-14.
Business Details –
- Name: American Financial Resources
- Address: 9 Sylvan Way
- City: Parsippany
- State: New Jersey
- Country: United States
- Phone: 800-634-8616
- Website: https://www.afrmortgage.com
Original Complaint against American Financial Resources published at Scamity.com on 28-Aug-14 says, verbatim –
American Financial Resources mortgage ripoff and delay in loan causing rates and points to increase Denville New Jersey | I made application with broker on May 31st, 2007 with all paperwork and appraisal costs paid. At first they promised me a jumbo loan at 6.25% but after 2 weeks they said that only a loan at 6.50% was available. I went ahead with the higher cost loan and they jerked me around until June 25th, when they called and said that even though i had a commitment letter from the bank, that my loan was not approved and that there was nothing they could do. Now I must go and start all over again and rates have increased and I am out of pocket for the costs I paid upfront. Stay away from American Financial Resources Inc. at all costs!! | Steve | Boca Raton, Florida | U.S.A.