Texas Trust Home Loans

Their Site Are Not Correct

I did not end up using Texas Trust Home Loans. Their rates and low closing costs were attractive, but if you are aiming to lower your closing costs and go with a higher interest rate, be warned that they only give at most a $500 credit.

So the rates and information on their site are not correct.

Tanner said this was the fault of the website developers and was being worked on.

Tanner was very friendly and helpful, but they also require a rate lock to be signed.

The rate lock ties you to a 1% penalty fee if you decide not to use them and end up buying the property through another lender.

The lock also limits their liability to $995. So if you don’t close in time and it’s their fault, then you can only get $995 even if you spent more than that.

I decided against using them for those 2 reasons.

Is Texas Trust Home Loans legit?
Texas Trust Home Loans 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 Texas Trust Home Loans as a negative rating, and only a few left positive feedbacks.
Where is Texas Trust Home Loans located?
Texas Trust Home Loans is headquarted at 2300 Valley View Ln Ste 1000 Irving, TX 75062. We do not have any affiliation with the better business bureau or yelp reviews platform. You can contact Texas Trust Home Loans by dialing (877) 712-1101 or visit their website texastrustloans.com.
How much monetary loss is incurred by Texas Trust Home Loans’s customers?
According to the reviews posted by Texas Trust Home Loans’s customers, US $3327 was the total loss incurred, and hence the severity of the scam is medium.

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Reported Loss :3327 $
Severity of Scam :Medium
Reported by : Anonymous
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