Did not close on time. Had to sue them to get my money back.

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Absolute Mortgage Company www.absolutemortgageco.com
★★★☆☆
2.6
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MattCarter's review of Absolute Mortgage Company www.absolutemortgageco.com

“Did not close on time. Had to sue them to get my money...”

★★☆☆☆

written by MattCarter on 17/05/2013

Absolute Mortgage promised me that they'd be able to close within 32 days. I promptly provided them with every document they requested. Throughout the process, they ensured me that they were on track for an on-time closing. At 2 days before scheduled closing, they said that they'd have to delay closing by at least 2 weeks due to "high loan volume" and because "we had to protect against occupancy fraud". A delay of 2 weeks would have breached my sales contract. I found a different lender who closed in just 10 days, then successfully sued Absolute Mortgage in court for the difference in lender fees. My case was #GV13008133-00 in Fairfax County General District Small Claims Court in Virginia.

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