Wcs Lending

Bad Experience

Please do not use WCS Lending to refinance your home. The first question I asked them was if they were a direct lender or a broker and they told me they were a direct lender. Lie #1.

There was so much back and forth. They did not return my calls and emails in a timely manner and it took about 5 months to refinance.

They screwed up the closing and didn’t have the documents prepared correctly for my former lender, because of this there was a delay in when the old mortgage closed and I therefore had to pay an addition $275 in interest to my old lender.

After closing, I had a three way conference call with my old lender (Bank of America), the WCS rep and myself.

The Bank of America rep told WCS that they were at fault and therefore financially responsible for the additional interest payment.

WCS lending said that they would look into it and then they stopped taking my calls.

When I was able to get through to someone, she told me that if it was less than $100, she’d be willing to reimburse me, but $275 is a lot of money for them.

Well then, get your paperwork in order so that you don’t make mistakes.

It is still their responsibility and I am still waiting for my money.

It is now a year later and they have never payed me a dime.

I’m pretty sure they never will, but please please let my bad experience be your warning.

Do NOT work with WCS lending. Thank you!

Is Wcs Lending a legit?

Wcs Lending is not running a legit business. They are not aggressive towards customer satisfaction and complaint grievance redressal, Hence 2 consumer[s] submitted negative ratings, and only a few left positive feedback.

Where is Wcs Lending located?

Wcs Lending is headquarted at 250 Park Ave Ste 401 New York, NY 10177. You can contact Wcs Lending by dialing (212) 355-9040 or visit their website N/A.

How much monetary loss is incurred by Wcs Lending’s customers?

According to Wcs Lending’s customers, a monetary loss of US $2884 has been reported. The severity of entire incident reports is medium.

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2 Reviews on Wcs Lending

  1. It is still their responsibility and I am still waiting for my money.

    Please do not use WCS Lending to refinance your home. The first question I asked them was if they were a direct lender or a broker and they told me they were a direct lender. Lie #1.

    There was so much back and forth. They did not return my calls and emails in a timely manner and it took about 5 months to refinance.

    They screwed up the closing and didn’t have the documents prepared correctly for my former lender, because of this there was a delay in when the old mortgage closed and I therefore had to pay an addition $275 in interest to my old lender.

    After closing, I had a three way conference call with my old lender (Bank of America), the WCS rep and myself. The Bank of America rep told WCS that they were at fault and therefore financially responsible for the additional interest payment.

    WCS lending said that they would look into it and then they stopped taking my calls. When I was able to get through to someone, she told me that if it was less than $100, she’d be willing to reimburse me, but $275 is a lot of money for them.

    Well then, get your paperwork in order so that you don’t make mistakes. It is still their responsibility and I am still waiting for my money.

  2. Who knows if I will ever close with them.

    Do not use WCS Lending to re-finance your mortgage – unless you like false promises and a long delay in closing. I have been working with WCS lending now for almost 5 full months and I still haven’t closed yet.

    It has been one excuse after another. I have been days away from closing for almost 2 months. WCS specializes is over-promising and under-delivering. Who knows if I will ever close with them.

    1. Hi wondering if you ever successfully closed with wxs lending

      Hey sorry to bother you, just wondering if you ever successfully closed your loan with wcs lending. Think about using them. Thanks!

Reviews: 2
Reported Loss : 2884 $
Severity : Medium
Reported by : Anonymous
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