Sebonic Financial Complaints and Reviews

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Sebonic Financial
Main address: 3701 Arco Corporate Drive Suite 415 28273 Charlotte NC
877 721 6866, ,
  • 17 complaints
  • $7.7K claimed losses
  • $451 average
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  • Jun 19
  • Loans and Mortgages
  • Loan Interest
  • 642

I too lost the property I was going to buy. I was told I was locked in for an interest rate for a 20 year loan. When I received the loan contract to sign, this was not the case. This process was hard to go through, because you are trusting a stranger on the other line. I was totally mislead and lied to. I had to put a fraud alert on my SS# and I am in the process of freezing it. Because... Read more

Was this review helpful? 5 4

  • Jun 17
  • Loans and Mortgages
  • Mortgage
  • 1
  • 793

I uploaded all my documents and signed all the papers within 2 days of starting a loan with Sebonic aka cardinal Financial. The told me that my finances were excellent and my debt/income ration was fantastic as well. After waiting on these fools for 2 MONTHS they sent me the following email: "Underwriting has reviewed the income form the tax returns and we will not be able to qualify you for the... Read more

Was this review helpful? 6 0

  • Jun 14
  • Loans and Mortgages
  • Livingston, New Jersey
  • Mortgage Loan
  • 958

I am an high production Realtor working in Chapel Hill/ Durham NC. Yesterday I closed a transaction where my buyer choose to use Sebonic Financial a company I never heard of previously and one I hope to never hear about again. Based on over 25 yars of experience and over a thousand successfully closed transactions, I can say with some authority that Sebonic Financial was the worst lender I've... Read more

Was this review helpful? 5 1

  • Jun 11
  • Loans and Mortgages
  • Mortgage Loan
  • 1
  • 766

I was so impressed with Sebonic Financial when I first talked to a loan officer on the phone. They answered all of my questions, gave me straight facts without being pushy or aggressive, and they quoted an awesome rate and very low origination fees. It was one of the best deal I could find anywhere. I applied for the loan and started the process. Then I didn't hear very much from anyone. I... Read more

Was this review helpful? 5 0

  • Apr 09
  • Loans and Mortgages
  • Mortgage Email
  • 6
  • 838

Background: William McGuirt from Sebonic Financial quoted me a competitive rate and a lender credit, and then informed me that the credit was no longer available. Me: Ok please let me know if those offers become available again and we'll proceed. William McGuirt from Sebonic Financial: The most would have been $1000 and now I am giving you $400. Those who wait on the best in this business often... Read more

Was this review helpful? 28 2

  • Mar 25
  • Loans and Mortgages
  • Douglassville, Pennsylvania
  • Mortgage Service
  • 1
  • 834

They kept my documents 3 weeks WITHOUT TOUCHING THEM. Underwriters started working on my file only 48 hours prior closing and only 24 hours prior scheduled closing they started employment verification, bank accounts verification, they sent multiple requests for "missing" documents. When asked why all of a sudden so many requests about so many " missing" docs they responded: we just found out we... Read more

Was this review helpful? 16 4

  • Jan 23
  • Loans and Mortgages
  • Mortage Refinance
  • 2
  • 723

Tried to work with them for 3 months to close a loan. The processer would go "silent" for weeks at a time; 30 day lock would expire, then the amount due at closing would increase. She would requests one thing, saying it was all she needed, then it would be another, and another. This went on for weeks until she said she had all she needed, then didn't hear from her again until the sales person... Read more

Was this review helpful? 15 1

  • Dec 19, 2013
  • Loans and Mortgages
  • Charlotte, North Carolina
  • Mortgage Loan
  • 1
  • 876

Sebonic Financial did not show up for closing. That's right. No closing because Sebonic did not show up. No communication from Sebonic that this (them not showing up and no closing) was going to happen. Everything was supposed to be set (many weeks in advance). Like other reviews read, everything seemed fine at first. Knowledgeable. Responsive. Friendly. One person to deal with. Then came more... Read more

Was this review helpful? 15 2

  • Dec 17, 2013
  • Loans and Mortgages
  • Columbia, South Carolina
  • Mortgage Loan
  • 943

Our initial contact with this company was great. And it sounded wonderful. They said we would have the same loan contact throughout the whole process, and that they all work together in the same building so they're not pushing your file all over the country to different offices for processing. They said their closing costs were lower than others, and their rates were competitive. The man I spoke... Read more

Was this review helpful? 14 1

  • Dec 13, 2013
  • Loans and Mortgages
  • Mortgage Loan
  • 658

6 weeks from date of fist contact and still no mortgage. First the appraiser they send undervalues the size of my home by four hundred square feet, upon re-estimating decides my home is only worth $73/sq foot rather than $77. Then an endless amount of shuffling me from person to person and more and more requests for paperwork. I recently paid my daughter's car off and they want to know where I... Read more

Was this review helpful? 11 0
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