American Financial Resources Review

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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.

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