Don Song Review of AimLoan.com
I wish I have read below reviews before I apply wi...
I wish I have read below reviews before I apply with Aimloan. I went through exactly same or similar to many of below borrowers; slow and stressful process with delayed responses for many newly requested documents. They asked all sort of documents one after another with 2-3 days respond time. Some of the requested documents doesn't even make sense to me. For example, I've been asked for a Gift letter with fill out form from my father for $10K when I am doing a cash out loan. 2 loan pay off statements when I don't even have any loans. My wife's mortgage note when I am not on it. One after another forever and they had 2-3 days turnaround time to move on to next document; instead of asking them all at once. I provided all my requested document in first 2-3 days but additional documents processing lasted forever and went over 30 days. At the end, they asked for additional $1,529 for extending the loan. Funny thing is my current lender warned me how the AimLoan delays the process and charges additional fee. Not necessary intentionally but at the end, all come down to the additional fee. At the end, the fee went down little bit with complain but I've been asked to pay additional fee anyway because appraisal was late because of the multiple holds from underwriter with the loan. I made a fool of myself with Aimloan by wasting $395 appraisal fee and time. I advise you to aware what is going to happened to you. I had to cancel the loan because I didn t want to suck up the obvious process and pay the additional fee regardless the amount. Enough is enough.
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