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 a scam?
Drexel Hill Mortgage is a scam and a bad service provider as per the report filed on dirtyscam.com. They are not aggressive towards their customer satisfaction and complaint grievance.
Is Drexel Hill Mortgage legit?
First Drexel Hill Mortgage is not a legit business owner or provider. You must take necessary precautions/measures before buying or using their services.
How many reviews are submitted by Drexel Hill Mortgage’s consumers?
There is/are 1 review(s) posted about Drexel Hill Mortgage and it indicates that the severity of the scam is High.
Where is Drexel Hill Mortgage located?
Drexel Hill Mortgage is located at 230 Sugartown Rd #20, Wayne, PA 19087, USA. You can contact Drexel Hill Mortgage by dialing (610) 765-1250 or visit their website drexelhillmortgage.com before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Drexel Hill Mortgage’s customers?
According to the report(s), US $4585 was the total loss incurred by Drexel Hill Mortgage’s customers.

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