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Updated about 6 years ago on . Most recent reply

User Stats

73
Posts
13
Votes
Akash Y.
  • Vancouver , Bc
13
Votes |
73
Posts

Calcap lending, anyone use them?

Akash Y.
  • Vancouver , Bc
Posted

Hi everyone,

I feel like I have been suckered by calcap lending. Bait and switch.

Ultimately it's my own fault but here's the situation.

I got into multiple loans with calcap lending. Initially I was told I was going to get product "a" which was a longer term loan, decent rates etc.

When it came closer to purchase, I was told they were revising the program and and it was no longer available. advised for me to go into a shorter term loan (product "b") as a bidge until product "a" is available.

I didn't think much of it as they dropped their fees and said at the end of the transfer it would be the same cost/fees.

Here we are months later and now there's no replies back regarding the new revised program.

Now I'm stuck in these 1 year loans that I don't know how to turn into long term loans.

I'm a Canadian at the properti are in the USA.

If someone can help please send a private message.

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