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Greenwood Automotive, Inc.

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Reviews Greenwood Automotive, Inc.

Greenwood Automotive, Inc. Reviews (2)

They are in charge of the loan for the people buying our house. They failed to realize the buyers were using an FHA loan and sent an appraiser that was not FHA certified. They were also unable to follow through with a closing for our buyers loan within 45 days and every time they were questioned as to the delay, the proceeded to pass the blame onto another party. We have been asking for several weeks and they have not been able to give us a firm closing date. Their lack of attention to detail and unwillingness to turn around the loan has caused a domino affect with several parties tied to this loan. Not only have they delayed the sale of our current house but the closing of our new house along with the sellers ability to close on their new house. There is just a lack of urgency and an uncaring attitude toward the concerns of any of the parties involved

This company is filled with incompetent, unethical and unprofessional people.

I tried to get an FHA loan through this company and was sent through so many hoops, asked to submit and resubmit documents several times. The staff member who handled my loan promised I was close to closing - just one more document needed, several times.

I would continue to provide what they needed and finally two days before closing, the company requests the condo questionnaire from the association - they had forgotten to get this document early on. They also neglected to scrutinize the appraisal report which they received early into the process which showed the owner/rental ratio wasn't sufficient for an FHA loan.

This company charged me for 3 credit reports run one after another to clear up questions, but had they viewed the appraisal report, they would have known their investor would never approve the loan, no matter what my credit score was. The pulls have brought my credit score down and it was done negligently.

I spent 24 days in a hotel waiting for this loan to close - and if the loan officer, the owner of the company or the other individuals had taken the time to scrutinize the appraisal report, all the additional expenses I incurred would have been avoided and I would have had the opportunity to either look for another FHA condo or get the denial before I vacated my apartment.

I would never recommend this company to anyone - they are not organized, their staff mislead customers on a regular basis.

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