Loanontime

Loan Service

I don`t have a good experience with Loanontime. I started to refinance my home loan two months ago.

At the begining I have been told that I have 60 days after they lock the rate.

After almost 30 days they told me that the lender penalized me %0.25 because I was late but part of the delay was them asking more and more documents over and over and late replying my emails.

I accepted the penalty but after nearly two months and a lots of delays from them with the excuse of waiting for the lender, I have been told that my loan got denied from lender because I have an unpaid 401k loan.

They could have told me before hands. My brother has the same issue with this company at the same time with me.

Is Loanontime a scam?
Loanontime is a scam and a bad service provider as per the report filed on dirtyscam.com. They are not aggressive towards their customer satisfaction and complaint grievance.
Is Loanontime legit?
First Loanontime 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 Loanontime’s consumers?
There is/are 1 review(s) posted about Loanontime and it indicates that the severity of the scam is High.
Where is Loanontime located?
Loanontime is located at 1731 Technology Dr #590, San Jose, CA 95110, USA. You can contact Loanontime by dialing (408) 573-0333 or visit their website loanontime.com before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Loanontime’s customers?
According to the report(s), US $5458 was the total loss incurred by Loanontime’s customers.
The reviews, complaints and scams about Loanontime are deliberately written by anonymous. We, at Dirty Scam are not liable for the content written about Loanontime. If you have any issue with Loanontime incident report, Please contact the author of this complaint directly, as we are not obligated to remove the complaint.

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1 review on Loanontime

  1. Don Jones

    Really Bad Service

    Heard the loan broker’s owner AB on a radio show, so I trusted him at beginning, but my refinance with the firm end up became a disaster. They convinced me that refinance with them and paying off an existing loan would not be subjected any penalty from existing lender; however I was trapped into a 9 thousands plus penalty after the refinance.

    I called and emailed AB many times, he ignored me; finally I got hold of him but he refused to help me and denied any responsibility. Loanontime made more than 5k from my loan but don’t help me a penny for their misled penalty consequence, greedy and irresponsible! I wish there was a zero star rating option here.

Reviews:1
Reported Loss :5458 $
Severity of Scam :High
Reported by : Anonymous
Views :