Ralph Bruno

Review of Meadowbrook Financial Mortgage...

If you're selling your home and the buyer says the...

If you're selling your home and the buyer says they are using Meadowbrook run the other way. This company made numerous promises and dragged the process on for 5 months and never gave a commitment or denial. I finally had to have the contact made null and void so I could relist my home. The loan officer Teddy kept making promises of "one more piece of paper and just a few more days" over and over. Cost me thousands of dollars in late fees on my new home which I almost lost. Had to borrow from my IRA to purchase the new home cash which almost cost me an additional $150,000 in taxes. It was a total nightmare. Was lied to and told buyers had great credit and Teddy always gets all of his loans approved. Not so, house was appraised in August and I waited till January, still no commitment or denial. Any other bank would have cancelled the deal no later than October. DO NOT USE OR BELIEVE MEADOWBROOK. Save yourself a ton of problems. There's plenty of other bank out there.