Residential Mortgage

They were so unhelpful, so unreliable

I used to be an appraiser’s assistant and town and he recommended his colleague who owns/runs/somehow is involved with Residential Mortgage. I have never purchased a home before.

My husband and I were completely new to this experience. We had no idea what a disaster this ordeal would be.

We never met anyone in person at Residential Mortgage.

Maybe it’s not the same when you’re buying a home and meet with the realtor, but I even asked about coming in to discuss things in person and get questions answered because again.

I have never bought a home or even took out a loan, and I was met with hesitation before I was informed, “Yeah! We don’t.. normally do that but that’d be fine.” Oookay? Kinda weird.

I’m sorry, I didn’t want to just be on the receiving end of rapidfire chatter and presume that five-minute phone calls are sufficient enough when I’m pouring money into a property.

To save time for a long rant, it was catastrophic. Residential dropped the ball, big time. Our realtor was pissed. Magic fees were showing up out of nowhere.

“Oh, I forgot there’s this new thing for new homeowners by the feds, it’ll only bump up your percentage a bit.”

The company didn’t investigate the HOA of the property we were purchasing and the day before everything was supposed to close.

I got a call from the mortgage company (two hours after my father died and I was still at his bedside in the hospital) saying that if we couldn’t come up with another 5% by tomorrow, we’d lose our chance to buy the property.

This happened almost a year ago and I’m still furious and bitter over it. I would never recommend this company.

They were so unhelpful, so unreliable, and so incredibly aggravating, I wish I never called them.

It made my first home-owning experience a nightmare.

For what it’s worth, my friend who recommended them apologized profusely and we’re still friends. But he still owes me wine for forever.

Is Residential Mortgage a scam?
Residential Mortgage is a scam and a bad service provider as per the report filed on They are not aggressive towards their customer satisfaction and complaint grievance.
Is Residential Mortgage legit?
First Residential 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 Residential Mortgage’s consumers?
There is/are 1 review(s) posted about Residential Mortgage and it indicates that the severity of the scam is High.
Where is Residential Mortgage located?
Residential Mortgage is located at 100 Calais Dr, Anchorage, AK 99503, USA. You can contact Residential Mortgage by dialing (907) 222-8800 or visit their website before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Residential Mortgage’s customers?
According to the report(s), US $1025 was the total loss incurred by Residential Mortgage’s customers.

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Reported Loss :1025 $
Severity of Scam :High
Reported by : Anonymous
Views :