TriStar Finance

The worst experiences

Dealing with TriStar Finance was one of the worst experiences possible. Their owner – Seth Raddue and COO, Patrick Davis, treated me like an idiot – easy prey for their bait-and-switch scam. They offered me a good interest rate and minimal fees, and at the last minute, 4 days before my loan was set to close – they changed the loan entirely and added a lot more fees.

They discouraged me from contacting any other lenders, by telling me that other lenders would not be able to offer me the same rate and low fees and stated that because my credit score was just below 700, my file was considered “difficult” and even though I was putting 20% down, I would be hard pressed to get a better deal.

Before I started dealing with Tristar, I had already been pre-approved by 3 other lenders. I contacted Seth through a recommendation by my real estate agent. At first, Seth seemed genuinely interested in getting me the best rate and in helping me boost my credit. The pre-approval he sent offered me a lower interest rate than the other 3 lenders I had originally gone to, so given that and the initial promising conversation I had with Seth, I felt confident in choosing TriStar as my lender.

As the loan process started progressing, my father (who was helping me throughout the process) and I, began having some apprehensions about TriStar. The team was unorganized and frequently asked for documents I had already provided. The process was stress-inducing and frustrating and when my dad spoke with Seth, Seth was rude and unprofessional over the phone. My dad told me that Seth had to have been drunk given the level of disrespect with which he spoke.

Unfortunately, their conversation took place with just 5 days before closing, so I felt like we had no other choice than to stick with him.We submitted all of the documents necessary to fulfill the numerous conditions and it finally looked like we were set to close. I was sent a Closing Disclosure, which I signed, and was told that the closing date would be pushed back to March 7th, but we were good to go.

I was overjoyed at the prospect of being done with everything when, on March 2nd, I received a new list of conditions, one of which was impossible to fulfill. I was incredibly frustrated by this and expressed my frustration, to which Patrick told me “this is the way the loan process works” but he would try to come up with a way to make the loan work.

That evening, Seth called and let me know that he found a solution and would send me a new closing disclosure. On March 3rd, I received the new closing disclosure and found out that his solution was to use a different funding program, which would amount to an additional $1904 due from me at closing.

With 4 days left until my loan was set to close, I was fed up. The new conditions could easily have been avoided had the team at Tristar been proactive about considering all possible obstacles. I emailed Seth and Patrick and told them that I no longer wanted to work with them and would find a different way to finance my purchase. To which Seth Raddue responded with:” Zoya I have tried to call you multiple times through out this process especially in the past week to proactively resolve YOUR debt to income ratio issues. They aren’t my issues. You never once called me back.

The issue thay prevented us from making any determination sooner was that you and your father (who is a world class jerk and treated me like absolute garbage earlier this week over the phone when I called him to get what we needed regarding his assets but he knew FAR better than me…) weren’t proactive in getting us all of of the documents necessary to fully underwrite your loan and then you act like we are at fault

You will both learn the hard way because your father is an ignorant person and mortgage Rates are far higher now than when we locked your loan” I kept Seth’s grammar and punctuation as it was in the email so you can judge the level of professionalism.

Throughout the process of working with TriStar, I was shocked at how unprofessional Seth Raddue was. From our initial conversation, I expected much more from him and was disappointed at the turn of events and the manner with which Seth and his team treated my father and I. I would absolutely never refer anyone to TriStar Finance.

Is TriStar Finance a legit?

TriStar Finance is not running a legit business. They are not aggressive towards customer satisfaction and complaint grievance redressal, Hence 7 consumer[s] submitted negative ratings, and only a few left positive feedback.

Where is TriStar Finance located?

TriStar Finance is headquarted at Lake Washington Boulevard Northeast 5209 WA US. You can contact TriStar Finance by dialing (206) 240-8514 or visit their website

How much monetary loss is incurred by TriStar Finance’s customers?

According to TriStar Finance’s customers, a monetary loss of US $800 has been reported. The severity of entire incident reports is high.

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7 Reviews on TriStar Finance

  1. Seth Raddue of TriStar Finance inc. was the number 61 highest volume originator in the entire US for 2019 and number 5 in Washington state where he primarily does his business… out of 3,000 loan originators across the country that made the cut based on the amount of loans they closed and dollar volume to even be considered to be ranked on this list … so he’s not scamming anyone … this website is a scam in itself and they told him they wanted 5,000 dollars and they would remove all derogatory reviews from this site… so who really is the dirty scammer here????! 😂

    Seth Raddue contacted this website and provided information and offered documentation to have these reviews removed based on the fact these negative reviews are w o merit!!!!! They are baseless w o merit !!!! Pathetic !!!!!!

    The only thing that is truthful would be this link below :

    Please contact Seth Raddue if you want written proof that the website … dirty scam tried extort him for money to remove this false, negative info

  2. Was grateful to have his help!

    Seth has helped make our home buying process much less stressful. He has been attentive and responsive throughout the whole process. Was grateful to have his help!

  3. I highly recommend checking out TriStar if you need a lender.

    I recently worked with Seth and TriStar to purchase my condo. Seth and his team were informative, kept me in the loop throughout the process, and had the best rates around. We also were able to close early (which was a request I had due to my travel schedule). I highly recommend checking out TriStar if you need a lender.

  4. Very professional and knowledgable.

    Seth and Patrick were incredibly helpful moving my transaction forward on a terribly tight timeline. Very professional and knowledgable.

  5. Was grateful to have his help!

    Seth has helped make our home buying process much less stressful. He has been attentive and responsive throughout the whole process. Was grateful to have his help!

  6. I'm not sure if it was intentional or just incompetence, but either way, stay far away from these people.

    Not recommended. They just about lost us our house through multiple (very avoidable) mistakes, and only got things done on the literal very last day of the offer contract. They also cost us extra money to close, and changed the deal at the last minute, knowing we had no option but to accept if we still wanted the house. I’m not sure if it was intentional or just incompetence, but either way, stay far away from these people.

  7. I do not recommend this place to anyone.

    I do not recommend this place to anyone. First and foremost these guys don’t know how to talk to first time home buyers. Response is slow or you wont receive a call back until the last minute and when you do receive, you will have to agree to whatever is asked for without being questioned and the responses will be everyone else won’t look at the way we look etc.

    Honestly, word of caution for first timers. You wont get responses or followup’s in the right way. Terrible customer service! Even if we forget customer service, personal information is at stake with someone you don’t know, that’s a big thing to regret about!

    1. Perfect

      I would not read the nasty made up reviews. They are ALL completely made up from people who in actuality knew they would not qualify for a home loan from any bank . It’s sad this sight exists. People are so bitter and ill informed.

Reviews: 7
Reported Loss : 800 $
Severity : High
Reported by : Anonymous
Views :