Peterson Funding

I Feel Like A Sucker For Falling For It

Peterson Funding [Peterson Funding] contacted me (via email) to offer a zero cost refinance.

We exchanged approximately a dozen emails before they gave me a quote.

Their quote was better than my current rate, so I opted to move ahead with the refi.

BUT… As soon as I made the effort to produce all of the necessary documentation required to move ahead with the loan (W2s, Bank Statements, Paystubs, etc.)Their rates went up!

Brent Peterson’s explanation was that his “pricing engine wasn’t working correctly” when he gave me the initial quote.

Riiiiight. My experience with Peterson Funding felt like the classic bait and switch scam and I feel like a sucker for falling for it.

I do not recommend Peterson Funding.

Is Peterson Funding legit?
Peterson Funding 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 Peterson Funding as a negative rating, and only a few left positive feedbacks.
Where is Peterson Funding located?
Peterson Funding is headquarted at 12180 S 300th E Ste 40 Salt Lake City, UT 84111. We do not have any affiliation with the better business bureau or yelp reviews platform. You can contact Peterson Funding by dialing (801) 305-4665 or visit their website
How much monetary loss is incurred by Peterson Funding’s customers?
According to the reviews posted by Peterson Funding’s customers, US $3652 was the total loss incurred, and hence the severity of the scam is medium.

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1 Review on Peterson Funding

  1. I would highly recommend his service!

    I was so glad Brent Peterson contacted me by email asking questions to see if I wanted to refinance my existing loan, and I was amazed at the savings he offered through his no cost refinance option, I closed on the loan approximately 30 days later.

    His friendly staff was real helpful making sure all data was submitted on time. Peterson Funding delivered on exactly what they promised. I would highly recommend his service!

Reported Loss :3652 $
Severity of Scam :Medium
Reported by : Anonymous
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