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supreme lending review: Closed their Doors 2

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9:50 am EDT
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My husband and I were working with Supreme Lending in MO to refinance our home. Everything was on target and we were expected to close before the end of the month. Our home was appraised on Tuesday. It was our understanding we would know within 48 hours what our home appraised for and when we should expect to close the loan. When we began calling the office in MO the phone was disconnected. Our loan officer would not answer the phone nor would reply to our emails.

I called corporate office and received the run around and was told to speak with Kevin Blair in Chattanooga, TN. My husband and I have both called and left messages for Mr. Blair. When he did not return my call, I emailed Mr. Blair. Mr. Blair responded back with how sorry he was for my family and I to have "got caught up in us closing our office in MO". He proceeds to say he is "Sorry to say they cannot complete our loan due to not having an office in MO". However, all of our personal information was destroyed when he was in MO last weekend. (Days before our appraisal). Which makes me question why he has a copy of my appraisal, which he will forward to another company free of charge? He continues to explain he is sorry for any inconvenience and if there is anything, he can to do help please let him know. He has continued to refuse to return our phone calls. We have not received a copy of the appraisal, which we paid for. We were not notified of the office closure or of the lack of the company’s ability to complete our loan! Mr. Blair will not communicate via phone with us, nor will reply to email at this time. While I feel extremely sorry for the people who were working for this HORRIBLE company who have now lost their jobs, I still believe they had an obligation to their consumers. This is a horrible company who does not care about their consumers! We have lost several thousands of dollars over this ordeal. Do NOT do business with Supreme Lending in any state!

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NJP14
US
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Jan 23, 2013 12:48 am EST

I wonder how you lost thousands of dollars? It sounds like you decided to work with this company and they were closed. They are not required to close your loan, it is a bank and they can do what they want with their money. Consumers have become far to entitled. P.S. the cost of one appraisal is less than $500 not thousands as you mentioned.

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toni dean
US
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Jun 08, 2013 7:51 pm EDT

i dont know, , i spent time sending in paper work for refinance, , then paid450 for an appraisal, , they said that they picks the appraisal person from a management company, , , supreme stated to me that the load was ok, , but the end depended on the appraisal, , when the appraisal came in, , the appraiser, appraised my home at 55.000.00, and that amount pluse 300 more is what i still owe on my home, , so it made it, that .i owe a little more on my home then it, s worth, , , , go figuare -i said to my self, , , and kiss that 450 good by, , , the time fram of all that was questionable, , , , but paying thousands is out of the question ...