Commercial Funding 1 Corp

Excellent services for private business fundingWe were able to assist several clients with short term bridge loans and private funding with Commercial Funding Corp

Initial Business Response /* (1000, 7, 2014/03/31) */
Case # XXXXXXXX
1 message
[redacted] Mon, Mar 31, 2014 at 1:46 PM
Reply-To: [redacted]
To: "[redacted]@chicago.Revdex.com.org"
Hello [redacted]
I have attached...

documents provided to me from Pay Pal
Ms. [redacted] lied to Pay Pal after she had paid for services provided by me to her.
Ms. [redacted] is not to be trusted, and she is trying to get something for nothing.
Please clear this matter from my name, otherwise, there will be legal action for slander.
Thank you kindly,
[redacted]
XXX-XXX-XXXX
[redacted]Note to consumer and business from Revdex.com[redacted]
In an effort to expedite a resolution to this complaint, a copy of the signed and dated contract/agreement should be provided on the next response.
Thank you
Initial Consumer Rebuttal /* (3000, 9, 2014/03/31) */
(The consumer indicated he/she DID NOT accept the response from the business.)
Commercial Funding 1 Corp has just stated that [redacted] was a business consultant. I have letters from [redacted] stating that Commercial Funding 1 Corp is a lender and would fund my property I was planning to buy. Months went by and there was an excuse after excuse as to why there was no closing on the property and no money ever was dispersed from Commercial Funding 1 Corp. [redacted] month after month asked me for more money to be transferred into his personal bank account...I gave him an amount totaling 4500 and no funds were dispersed to purchase my home. I have wasted thousands of dollars in rent and many months of frustration between the sellers and I because of the lies of [redacted]. I asked [redacted] for his NMLS number which he should have been able to provide if he was a real broker/lender...[redacted] never provided an NMLS number. I believe he took advantage of a desperate situation and took my money while he just told me lies and what I wanted to hear to keep giving him money. In no shape or form should [redacted] have ever asked me for money to his personal bank account unless it was after closing...I am also providing our business agreement that was signed in June 2013 and it even states that [redacted] should only receive money after funds had been wired to the title company on closing day. [redacted] is very unprofessional and rude and has hung up on me multiple times and would promise to call and never did. Commercial Funding 1 Corp is a scam and he should no longer do to innocent people as he has done to me.
3-31-14 additional info from consumer:
I have more documents to upload to back up my claim.
3-31-14 additional info from consumer:
I need to upload more documents...the closing letters from [redacted] claiming he is a lender and signed off on closing dates that never happened...how do I do that?
Final Business Response /* (1000, 28, 2014/05/05) */
In summary, [redacted], came to [redacted], after [redacted] had made many months of broken promises to the seller/owner of the property that [redacted] was living in and trying to purchase. The seller had given her a dead line to produce a loan approval letter or she would have to move out! [redacted], was not qualified to receive funding, but was approved with conditions, but [redacted] did not clear the main conditions until March 2014,
after many months receiving help from [redacted].
[redacted] came to [redacted] many times before that date asking for approval letters to give to her realtor and or seller, so that [redacted] could receive
more extension time to complete our process of helping [redacted] to become approved without conditions. All the approval letters came at a price and that is another reason why [redacted] paid the consulting fees. [redacted], currently owes a $500.00
balance for the consulting services and 2% ($3.8K) of her ($190K) loan amount provided by what ever lender. So, lets do the math;$15K = Rent Credit + $15K -Seller's Closing Cost Credit + $27K - Seller's Home Improvement Credit = $57K Total Credits to [redacted], as the results of [redacted]'s consulting services. [redacted] do not need any real cash to close her loan (that she did not have any way).
[redacted] total fees payable to [redacted] is $8.8K
less $4.5K (already paid) = $4.3k balance owed versus
the credits ($57K) that [redacted] received via [redacted]'s consulting services gives [redacted] a $48.2K
positive net profit!!!!
But, [redacted], is a CHEATER who asked me to give her advice on how not to pay the realtor her commission and now she is trying her best to avoid paying the remaining balance that she owes [redacted].
This is why service providers charge up front fees
because greedy people like [redacted]!
Final Consumer Response /* (3000, 26, 2014/05/02) */
(The consumer indicated he/she DID NOT accept the response from the business.)
Commercial Funding 1 Corp portrayed themselves as a "LENDER" and I have proof of letters directly from [redacted] stating that he was the direct "LENDER" to get funds for my property. The agreement signed in June was a requirement to continue with Commercial Funding 1 Corp and stated that no money should be given to Commercial Funding 1 Corp until the day the company wired the funds to the title company upon the close of the property. [redacted] is going around in circles in his responses and he stated above he does not use his NMLS number??? I mean that is the first and foremost indication if a broker is legitimate!! That alone shows he is a fraud and the documents I am attaching will prove my matter. I have a police report against [redacted] and investigator [redacted] from the [redacted] County Police department met with me and with my documentation of letters, emails, and voicemails and texts from [redacted], left no doubt in the investigators mind he stole my money. [redacted] took advantage of a desperate situation and led me on for months promising to close on my home and every single month was excuse after excuse after excuse!! He states he was not a lender now because he knows that is ILLEGAL to ask for money..but I assure you I have letters signed directly by [redacted] stating that he is in FACT a lender and stole 4500 dollars of my hard earned money and should not get away with it!! [redacted] now states he was a "Mentor" in helping me purchase my home...but why in the world would I pay someone 4500 dollars for moral support and to write faulty closing letters to the property owners? Doesn't make any sense and I would have never in my RIGHT MIND have given this man 4500 hundred dollars unless I thought it was going toward the purchase of my home!! [redacted] would ask me every month to wire funds directly to his bank account and I refused to do that because it was not traceable..but I did transfer through PayPal to [redacted]'s personal PayPal account...NOT Commercial Funding 1 Corp! I made a huge mistake by letting a FRAUD steal my money and I am taking him to Small Claims Court if he does not return my money and I have more than enough documentation and witnesses to get it back! It is a shame how some human beings think it is ok to take advantage of others with no remorse!! Very sad and [redacted] will not get away with this!