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Monday, November 5, 2012 - 7:31 PM
(1 stars)
One West Bank - Don't Trust Them For Mortgages
OneWest Bank (1 stars)O NOT WASTE YOUR TIME APPLYING FOR A REAL ESTATE LOAN FROM ONE WEST BANK - THEIR SYSTEM IS BROKEN.
The branch personnel cannot represent or work with the central underwriting department. Don't believe anything they tell you.
They approved us, then went back on their own written statements - saying "here's a rule we never told you about, that you haven't even broken (related to timing), but you have to start all over again HA HA HA).
This bank was scandal-plagued IndyMac until some private equity guys bought it for a song in 2009. Nothing wrong with that, I guess .... but know that it is fundamentally broken, it can't make or keep commitments, and you should not believe anything the dis-empowered local branch employees tell you.
Mortgages are basically a commodity: DON'T WASTE YOUR TIME!
The branch personnel cannot represent or work with the central underwriting department. Don't believe anything they tell you.
They approved us, then went back on their own written statements - saying "here's a rule we never told you about, that you haven't even broken (related to timing), but you have to start all over again HA HA HA).
This bank was scandal-plagued IndyMac until some private equity guys bought it for a song in 2009. Nothing wrong with that, I guess .... but know that it is fundamentally broken, it can't make or keep commitments, and you should not believe anything the dis-empowered local branch employees tell you.
Mortgages are basically a commodity: DON'T WASTE YOUR TIME!
1
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