We were devastated to file a loan application from Wells Fargo home mortgage recently May 24, 2010. The loan was denied after 2 months period of spending time, effort and money ($1000).
The loan was dragged up to the closing date schedule without keeping us(cleint)informed about the status of the loan. Loan officer was not competent and very unprofessional of the job and proposing illegal transactions.
This is a lesson learned with the company especially Wells Fargo. We hope that other people will learn to ask more questions on the loan officer and assess his knowledge about mortgage processing.
Product or Service Mentioned: Wells Fargo Loan.
Monetary Loss: $1000.