Peterson Funding [Peterson Funding] contacted me (via email) to offer a zero cost refinance.
We exchanged approximately a dozen emails before they gave me a quote.
Their quote was better than my current rate, so I opted to move ahead with the refi.
BUT… As soon as I made the effort to produce all of the necessary documentation required to move ahead with the loan (W2s, Bank Statements, Paystubs, etc.)Their rates went up!
Brent Peterson’s explanation was that his “pricing engine wasn’t working correctly” when he gave me the initial quote.
Riiiiight. My experience with Peterson Funding felt like the classic bait and switch scam and I feel like a sucker for falling for it.
I do not recommend Peterson Funding.