Chris McGovern
Roanoke, VAMember since June 2016

Reviews (1)


    • Jun 7, 2016
    • Verified Reviewer

    NewDay USA

    Tried to rip me off.

    Overall Experience:

    I am a retired veteran with a credit score over 760. My 'loan officer' Andrew Engel (more like snake oil salesmen) tried to sell me a loan at 4% interest with 1.5 points applied (over 3.5k), and an origination fee, after I responded to an offer in the mail offering a free appraisal.

    A simple mortgage rate search put me in contact with a more reputable lending brokerage that provided me an interest rate of 3.25% with NO points applied.

    The worst part, the 4% rate put me above the debt to income threshold and was going to be a headache of a process. At 3.25% I was under the threshold and it's easy as pie.

    Do not allow this company to get one over on you! What they are doing may be 'legal' but it sure isn't ethical.

    Bottom Line: No, I would not recommend this to a friend

    25 people found it helpful

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