Give Me A Loan Or I’ll Leave You Alone

I’m currently trying to buy a house, and I was given the loan agreement with the fee sheet and all that. They were overpriced by around $6,000 more than all their competitors.

I originally was dealing with one guy who was nice, but it turned out that he was not the one that did the loans. It was another guy who was the biggest jerk. I didn’t like him from the first time I spoke to him. He asked me for a number to call for my employment.

I wanted to know who specifically he was going to call so I could give him the right number.

Me: “Who are you going to call?”

Loan Guy: “Whoever picks up the phone.”

Yeah, no s***.

He wanted me to pay him $9,000 cash in a lending fee upfront.

Most places add it on to the loan so you pay it over the life of the loan, and it only adds about $20 to your monthly payment, which makes a lot more sense than having to pay this one guy $9,000 cash plus another $11,000 to his company for paperwork and stuff.

I called him about the fees, and that wasn’t even the one I was questioning. I was questioning a $200 CREDIT REPORT.

Me: “Credit reports are usually around $30, at most $80. I’m not going to pay $200 for a credit report.”

Loan Guy: “Yeah, it could be $30, it could be $80, or it could be $200. I don’t know, so I have to estimate high.”

Me: “I’m not going to sign something that says I agree to pay $200 for a credit report.”

Loan Guy: *Scoffing* “Don’t sign it, then.”

Obviously, I’m not signing it, and that’s why I’m calling you because if I don’t sign it we can’t do the loan. So, I just said:

Me: “Okay.”

And we got off the phone.

I immediately started getting calls from the owner of the place, who was the original person I dealt with.

Owner: “Oh, my God, what happened?! I was next to him and heard the whole thing. No, no, he didn’t mean it like that!”

I heard [Loan Guy] in the background trying to explain himself.

I ended up getting another guy with another company to deal with my loan within minutes of getting off the phone with the first company. He is wonderful and sweet and nothing like [Loan Guy], and I love it. AND I don’t have to pay him $9,000 upfront!

The other place is still harassing me because I dropped the deal with them and they’re begging me to sign the papers. They now owe me my $5,000 deposit, and I can’t wait to send them the cancellation of contract and have them give it back to me.