Merrimack Mortgage

They Lied To Me

Do not even consider using Merrimack Mortgage. I have been a realtor for over 20 years in NH. Made application on May 10  for a 280,000 refi on a $640,000 house.

Perfect credit no issues at all. They promised me a June 30 closing.

It was very important to me to get a $200,000 equity line.

They said they could do that in house and close both same day and funded 3 days later.

Come to find out they do not even have a equity program.

They just wanted my business on the 1st mortgage so they lied to me.

The appraisal came in the June 15th right on time for a Jue 30 closing.

But no they lied again as this did not close till the 3rd week of July.

They sent all my papers to a credit union in NY.

This equity line just closed in September.

It cost me huge money as I needed the equity loan to close on other properties I had under agreement.

I have been told there is nothing they can do to help me out.

The loan officer quit so nobody is accountable. One lie after another. Buying a home is stressful enough.

Do not get involved with a company like this that just makes it even harder to close.

Is Merrimack Mortgage legit?
Merrimack 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 Merrimack Mortgage as a negative rating, and only a few left positive feedbacks.
Where is Merrimack Mortgage located?
Merrimack Mortgage is headquarted at 170 S River Rd Bedford, NH 03110. We do not have any affiliation with the better business bureau or yelp reviews platform. You can contact Merrimack Mortgage by dialing (603) 625-8288 or visit their website
How much monetary loss is incurred by Merrimack Mortgage’s customers?
According to the reviews posted by Merrimack Mortgage’s customers, US $3254 was the total loss incurred, and hence the severity of the scam is high.

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Reported Loss :3254 $
Severity of Scam :High
Reported by : Anonymous
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