Pmac Lending Services Inc Reviews
March 1, 2013
This is the worst company I have ever done business with. Despite having my loan documents a month before closing time, they had all these random last minute requests that delayed our closing. I used to work at a mortgage originator, so I understand credit analysis, and the questions they were asking had absolutely no bearing on the credit risk of my file. After they finally received our signed documents, it took them another 3 days before funding our loan, despite the fact that we were already past the purchase date on our new home. When I called, they wouldn't even let me speak with anyone because I wasn't a broker or a title company. At the last minute, they also forced me to get home insurance for 100% of the loan amount for a condominium. I don't even think that is legal, I am going to research it and follow up with them. No one should ever do business with this company. They are horrible.
May 18, 2013
Worked out for me when my original lender would not give me a loan on an investment property, process was tedious but it is always when you buy, will give you lots of grey hair :)
|Overall Service Quality ||4 || |
|Likeliness To Recommend ||3.9 || |
|Knowledge of Lenders ||4 || |
|Availability and Response Times ||3.9 || |
|Has Competitive Rates ||3.9 || |
|Applied For A Loan ||76.1% Y |
|Received A Loan ||58.7% Y |
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