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by cambria , Dec 21 '99
Pros: Great rates. Low cost. The new, more efficient market. Cons: Terrible customer service.
There is a wonderful trend in the evolution of the electronic brokerages---and that is to create efficiencies in the market that were, at best, a dream just a few years earlier. Before the advent of the e-brokers, the best an average home buyer could do...
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by kellyelosser , Oct 22 '00
Pros: none that I can see at this point Cons: e-loan is trying to break the contract
I realize this is a very long message, but if you are considering going thru e-loan, please read this.
My fiancee and I were trying to buy him a new truck, so after much research we tried e-loan. At first it seemed great, we were approved within...
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by Immikes , Jun 17 '00
Pros: easy to apply Cons: none
Hi All...
Well....e-loan came thru for me again. About 9 months ago I was purchasing a new car and applied thru both my local banker and thru
e-loan. I was approved by e-loan quicker than I was by my local banker
and with less...
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by Cougar32 , Aug 21 '00
Pros: Fast Check, free loan % rate Cons: none
I really enjoyed the new way to apply online at E-LOAN, it made it so simple to buy a new car.
First i found a car about the price range i wanted, and submitted a application through E-loan. I was looking for 16,500.00 but they gave me...
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by janduza , Jun 12 '00
Pros: Convenient, fast, no hidden fees Cons: They only accept A credit
Eloan is a very convenient way to get a mortgage loan. They make the home buying process a lot easier and a lot more stress free. You can review rates on their web site, view all of the closing costs, and there are no hidden fees. You can apply right...
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by eloanwaitingwa , Aug 14 '05
Pros: The first person I spoke with seemed affable, reassuring, and out-of-town. Cons: Second person seemed diffident, dodgy, which seems to counter the affability. Service?
In late June I arranged for an eloan and all the required papers and data was in their hands by the last week in July. My special contact there told me that I should expect the completion of the process by the first few days of August after I called ...
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by mtgrzz , Mar 28 '08
We were looking to refinance our car and came across e-loan. I sent in the app and within an hour it said we were approved and that someone would be calling us to confirm everything, easy so far!I received several calls on my cell phone during work but ...
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by drdesi , Nov 20 '07
I was looking to get pre-approval for a home purchase. The experience left a bad-taste in the mouth, and I am dropping them from my list of trustworthy businesses. First, there was very little 'e' in e-loan. On their web-site, I filled out a detailed ...
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by kdhinton , Apr 12 '07
I was getting close to closing on my first real estate investment property and was given a last minute payoff statement from one of the mortgage holders which had a significant amount of unexpected debt. Since this was a foreclosure I had a deadline to ...
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by rhysryan , Feb 01 '02
Pros: Good rates Cons: Very poor customer service
Poor internal processes that caused customer frustration
I was originally notified about the great e-loan rates through an airline promotion (via my frequent flier program). I checked out the rates and saw the promises of near real-time turn around for processing and approval.
While the rates are...
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by ericsepinions , Sep 03 '02
Pros: Saved over $3k in bogus Charges, Smooth and Excellent Customer Service Cons: Of Course, your credit history as to be very good.
I was searching for Mortgage companies with suggestions from my Realtors and relatives. When I started receiving Good Faith Estimates(Always First Demand Good Faith Estimates Before You Start With Any Loan Co.), I couldn't believe the charges. Watch...
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by maffit , Nov 04 '99
Pros: online is the future of mortgage brokering Cons: e-loan behaves badly
In 1997, I tried refinancing through e-loan. First, I learned the hard way that the teaser rates they show on their web site weren't available. By the time I could actually lock in an interest rate, I was more than a point above what I expected. The...
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by imallbiz , Sep 23 '02
Pros: NONE Cons: AWFUL SERVICE
I can't say enough unkind words to express my experience with E-Loan. While they purport to have a brilliant and easy service, the fact is they are very disorganized and ignorant to customer service. They did a number of things wrong with regard to my...
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by GrendelGrl , May 10 '01
Pros: fast service, great rate, helpful customer service Cons: the dealer found the process confusing
I financed my most recent automobile through e-loan and had a perfectly wonderful time going through the system.
I researched rates with the dealership, my bank, my credit union, and other online sources and couldn't do better than e-loan. I filled...
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by w_fan , Mar 05 '04
Pros: At least I didn't have to pay anything! Cons: Lack of disclosure can lead to a lot of wasted time.
You have a property zoned as agricultural. My wife & I built a home & garage on 3 acres in Florida (appraised at $450K with a $330K first mortgage) in a developed area. We needed a second mortgage to tie up some construction cost over runs. Incidentally, ...
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