Drexel Hill Mortgage

Extremely Disappointed

Extremely disappointed. Our experience with Drexel Hill Mortgage started off really well, our broker was helpful and responsive.

But then 2 hours before our settlement it was discovered that he had made a mistake on our GFE and our closing costs were actually $4k more than what we had been told for the previous 2 months.

We couldn’t afford the extra amount and had already given notice at our old place and couldn’t risk losing the house.

Our broker told us the only option was to go for a higher interest rate to lower the closing costs.

Granted, he provided a very quick turnaround for the change in the interest rate, but this resulted in an extra $5k over the life of the loan and the closing costs were still $3k more than anticipated.

He and the company offered no resolution for their mistake and the president of the company rudely dismissed us once the paperwork was done.

Horrible, can’t rely on them when THEY make the mistake, I shudder to think what happens if the buyer makes a mistake.

Is Drexel Hill Mortgage legit?
Drexel Hill Mortgage is not a legit business owner or provider. They are not aggressive towards their customer satisfaction and complaint grievance, and hence 1 consumer(s) was/were given a Drexel Hill Mortgage as a negative rating, and only a few left positive feedbacks.
Where is Drexel Hill Mortgage located?
Drexel Hill Mortgage is headquarted at 230 Sugartown Rd Ste 20 Wayne, PA 19087. We do not have any affiliation with the better business bureau or yelp reviews platform. You can contact Drexel Hill Mortgage by dialing (610) 765-1250 or visit their website drexelhillmortgage.com.
How much monetary loss is incurred by Drexel Hill Mortgage’s customers?
According to the reviews posted by Drexel Hill Mortgage’s customers, US $4585 was the total loss incurred, and hence the severity of the scam is high.

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Reported Loss :4585 $
Severity of Scam :High
Reported by : Anonymous
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