Tom Spaniel – Preston Hollow Financial Services

Very Bad Experience

He is my very bad experience with Tom Spaniel of Preston Financial Services. Tom was doing the loan on a home purchase for us and two days before closing and unbeknownst to us, Tom calls my Realtor and says that the we are short $300 needed to close.

He says if the Realtor does not contribute $300 from his commission towards my closing cost, we will not be able to close and the deal with fall through.

Meaning my Realtor won’t get paid his commission and we won’t be able to purchase the house.

We did not know this was going on at the time but found out about it after we had closed.

My Realtor, without telling us about it, agreed to pay Tom $300 from his commission so we could close on the house.

We also found out that Tom, being the loan officer, was making a substantial commission on the transaction.

My Realtor later told us about what had transpired. Come to find out from the title company that what Tom had told my Realtor was all a big lie…..there was never any $300 shortage on the funds we needed to close.

In effect Tom had instigated a $300 shakedown but my Realtor went along with it so that we could purchase the house.

He had just made all this up to get an extra $300 out of our Realtor.

Is Tom Spaniel - Preston Hollow Financial Services a scam?
Tom Spaniel - Preston Hollow Financial Services 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 Tom Spaniel - Preston Hollow Financial Services legit?
First Tom Spaniel - Preston Hollow Financial Services 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 Tom Spaniel - Preston Hollow Financial Services’s consumers?
There is/are 2 review(s) posted about Tom Spaniel - Preston Hollow Financial Services and it indicates that the severity of the scam is Medium.
Where is Tom Spaniel - Preston Hollow Financial Services located?
Tom Spaniel - Preston Hollow Financial Services is located at 13709 Braemar Dr, Farmers Branch, TX 75234, USA. You can contact Tom Spaniel - Preston Hollow Financial Services by dialing (214) 802-9266 or visit their website tomspaniel.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 Tom Spaniel - Preston Hollow Financial Services’s customers?
According to the report(s), US $5442 was the total loss incurred by Tom Spaniel - Preston Hollow Financial Services’s customers.
The reviews, complaints and scams about Tom Spaniel - Preston Hollow Financial Services are deliberately written by anonymous. We, at Dirty Scam are not liable for the content written about Tom Spaniel - Preston Hollow Financial Services. If you have any issue with Tom Spaniel - Preston Hollow Financial Services incident report, Please contact the author of this complaint directly, as we are not obligated to remove the complaint.

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2 reviews on Tom Spaniel – Preston Hollow Financial Services

  1. Arianna Blythe

    I highly Not recommend Tom Spaniel for any home loan and financing needs.

    I highly Not recommend Tom Spaniel for any home loan and financing needs. He was very professional and timely. His hard work helped us lock in a great rate for our home loan and made everything easy for us.

    We are first time home buyers and Tom made this process as stress-free as possible. He kept in constant communication with our Realtor and always kept us in the loop! We have already recommend Tom to several of our friends.

  2. Casey King

    I recently had the pleasure of working with Tom on the purchase of my home.

    I recently had the pleasure of working with Tom on the purchase of my home. Tom made the enteire process very easy and was there for me every step of the way. When I was ready to make the offer he was able to get my approval letter quickely & closed the loan in 30 days.

    Throughout the process he was always available to answer my questions and keep me informed. I would definitely recommend Tom to anyone looking to purchase a home in the future!

Reviews:2
Reported Loss :5442 $
Severity of Scam :Medium
Reported by : Anonymous
Views :