Beware of Cap West Mortgage even though they are connected to Costco. Asked for a quote for a refin. of my rental house which I own 65% and received what seemed to be a great quote, fair rate, but low fees. Then asked, 2 times, for the legal GFE (good faith estimate) and found the closing costs were 2 1/2 times higher than there first quote. When asked WHY, then said that the first quote of of JUST THEIR FEES and not of any of the common title/gov fees. As it turned out they were 40% higher than the local banks. The first quote was off by over $100 neg on the apprasial. Cap West is low balling their quotes to LURE customers. Way to COSTCO.. You and your affiliate should be ashamed to continue predatory lender practices in America after what has happened in the last 3 years.
This complaint and/or review was posted on HolySmoke.org on 19:35 pm, July 26, 2019 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/capwest-mortgage/.
The reviews & complaints posted about CapWest Mortgage was submitted by a member or guest on this website. Any and all opinions and information are published as is. HolySmoke.org does not edit or remove any aspect of the report and is simply a consumer grievance free-speech platform. As such, HolySmoke.org cannot be held liable for the complaints and reviews posted about CapWest Mortgage as per Section 230 of the Communications Decency Act.
Be an Informed Consumer
An informed consumer is capable of making sensible decisions, gains insight about a business prior to an interaction or transaction. Our newsletter provides resources and information that informs you, the consumer. of such things as consumer rights and protection.