Wyndham Capital Mortgage - Reviews about the company

lb6004 · Joined: 01 May 2008 Posts: 1 2.60 Dollars($)

I.m currently shopping for a loan and would like to know if Wyndham Capital Mortgage is trustworthy.

jbarto65 · Joined: 04 Nov 2007 Posts: 625 0.17 Dollars($)

I have no clue about this company, hopefull you will find someone on here who knows a little about the company and better direct you. goodluck

Guest

Well I haven't dealt with them till now. But they have been a BBB member. Just have a look at bbbonline.org/cks.asp?id=10705038115 .

gmakerley · Posted: Fri May 02, 2008 3:04 pm Post subject:

dunno...check them out thoroughly; but remember, a mortgage company is only as good as the individual you're dealing with. if your loan officer is detailed, informative, effective and forthright; you are probably fine.

Guest

Their agent ran a credit inquiry without my permission and they are now taking their time removing it from my credit data. This may kill my entire RE transaction as it has to be removed before the lender I have selected can complete my loan. My Loan condition deadline is today and may not be extended. They are also a bait and switch merchant promising low rates to get your application and then jacking up the rate to a different product.

My advice. Stay Away!!!

jameshogg · Posted: Wed Aug 20, 2008 3:35 am Post subject: Wyndham Capital Mortgage

Thanks for the info Rlc. Smile

It's good when one shares his experiences with a company or bank here in the forums. At least one gets to know which company he should avoid dealing with or be more cautious while dealing with them. Your opinion will help others decide whether or not they would deal with Wyndham Capital Mortgage.

Guest

i am trying to get the best rate for refinance. need info about Wyndham Capital Mortgage.

Posted: Tue Jan 06, 2009 9:32 pm Post subject: wyndham capital mortgage

I'm dealing with Wyndham Capital Mortgage now; so far so good; just know this is a holding company, so they will immediately sell the loan.

Guest

Wyndham Capital Mortgage is one of the worst mortgage companies I have ever delt with. They strung us along for almost six months and in the end claimed the loan had been turned down because of Debt to income ratio, even though the number were run and re-run what seemed like half a dozen times to make sure all was well. They lied numerous times and even put in writing that we had been approved. we are now in the process of filing a formal compaint against them with various governing bodies and want to make sure people know to stay away for this company. At one point they tried to collect fees from us, but we refused, they seem like they just do not know what they are doing. STAY AWAY!

JKennedySLG · Posted: Mon Apr 27, 2009 2:03 pm Post subject:

The company can be no better than the individuals they have working for them. As George stated above, the key to successful dealings for financing of real estate is establishing a relationship with a trusted individual not necessarily a large institution. I will continue to post this whenever it is appropriate. CURRENT HOMEOWNERS AND PROSPECTIVE HOME BUYERS DO NOT ALWAYS LOOK FOR A LARGE COMPANY WITH LITTLE TO NO PERSONAL SERVICE. CHOOSE AN INDIVIDUAL WITH KNOWLEDGE AND INTEGRITY WHEN IT COMES TO YOUR PERSONAL FINANCING.

Guest

There are good and bad people to deal with at EVERY mortgage company - large or small, across all loan products, etc. If you ask, especially across the web, you'll find people that have had good and bad dealings with every lender. No lender is perfect. EVERY company runs credit, this is nothing new in the mortgage industry or any other industry. Like any service industry, this one is a crap shoot based on who your rep is.

Guest

I highly suggest that you stay away from this company! Go to a real bank. These people drag out the process until your rate lock is about up and then if the rates go up, they find "fabricate" a mistake so that the deal is no longer valid, then they try to get you to pay more to keep the same rate.

Go to a real bank!

Guest

I just got off the phone with Wyndham Capital Mortgage, Inc. and they told me that my rate lock ran out and that I would have to pay $2000 to keep the 5% rate or take 5.5%, but I went to their website and the are quoting 4.875%!!

Stay away!

Guest

BeenBurnt,
I am working with them right now. Who was your broker? It is at the time where I need to commit or leave and I don't want to get burned.

Guest

They bounced me around to several people. This person took care of this and that person took care of that type of thing.

After telling them that I was not willing to pay to keep the lower rate and I was not willing to redo the process at a higher rate, they called me back and said that they were willing to honor the original agreement.

When they tell you that you do not need to make a mortgage payment, keep that money just in case!! They count on you not having the money and therefore force to take their 'new' deal. Luckily, I was prepared.

I am waiting to see how they correct this issue, so I will be writing more later.

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