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Updated about 5 years ago on . Most recent reply

Daniel Ortiz's profile image
Daniel Ortiz's profile image
Daniel Ortiz
  • Member since May 13, 2019
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Daniel Ortiz's profile image
Daniel Ortiz's profile image
Daniel Ortiz
  • Member since May 13, 2019
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Daniel Ortiz
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Private Lending & Conventional Mortgage Advice

F.O.A. Comercial (finance of America)

Daniel Ortiz
Posted

Is anyone using FOACOMERCIAL?

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Chuck Kramer's profile image
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Chuck Kramer
  • from Orlando, FL
  • Member since Mar 24, 2017
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Chuck Kramer's profile image
Chuck Kramer's profile image
Chuck Kramer
  • from Orlando, FL
  • Member since Mar 24, 2017
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Chuck Kramer
  • Orlando, FL
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Chuck Kramer
  • Orlando, FL
Replied

Run away fast. Finance of America Commercial has cost us thousands of dollars do to its inability to close on time and their underwriting and legal department staff have NO CLUE what they are doing. We got so many just-plain-wrong demands from them. 

We lost a deal today do to them. Already had a line of credit so they should've been able to close in 10-14 days. Nope. Missed a date at 3 weeks, then missed the extended date 13 days later.

Just run away from them as fast as possible.

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