Merrimack Mortgage Review

2.3/5 - (3 votes)

This is an archive of a consumer complaint published against Merrimack Mortgage at DirtyScam.com-

 

Business Details –

  • Name: Merrimack Mortgage
  • Address: South River Road
  • City: Bedford
  • State: NH
  • Phone: (603) 625-8288
  • Website: http://merrimackmortgage.com
  • Reported Loss: 3254 $
  • Severity of Scam: High

 

Original Complaint against Merrimack Mortgage published at DirtyScam.com says, verbatim –

 

Do not even consider using Merrimack Mortgage. I have been a realtor for over 20 years in NH. Made application on May 10  for a 280,000 refi on a $640,000 house.Perfect credit no issues at all. They promised me a June 30 closing.It was very important to me to get a $200,000 equity line.They said they could do that in house and close both same day and funded 3 days later.Come to find out they do not even have a equity program.They just wanted my business on the 1st mortgage so they lied to me.The appraisal came in the June 15th right on time for a Jue 30 closing.But no they lied again as this did not close till the 3rd week of July.They sent all my papers to a credit union in NY.This equity line just closed in September.It cost me huge money as I needed the equity loan to close on other properties I had under agreement.I have been told there is nothing they can do to help me out.The loan officer quit so nobody is accountable. One lie after another. Buying a home is stressful enough.Do not get involved with a company like this that just makes it even harder to close.

 

Merrimack Mortgage

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