Magnolia Bank Mortgage Refinance Review
Magnolia Bank Mortgage Refinance Review
ConsumersAdvocate.org
2 Customer Reviews - see all comments
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Based in Hodgenville, KY, Magnolia Bank is a provider of FDIC-insured loan products in all 50 states and is one of the top 20 bank originators in the country.
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Its San Juan Capistrano branch offers a variety of mortgage refinance options including VA, FHA, Fixed Rate, and Adjustable Rate Mortgages. The bank is BBB accredited with an A+ rating and features numerous positive reviews online.
- 600 minimum credit score
- Access your home's equity with a Cash-Out Refinance
- Refinance up to 100% of your primary home’s value
- FDIC Bank since 1919 with A+ BBB Rating
- Pay off your mortgage at any time—no pre-payment penalties
- Conventional, FHA, VA, bank statement and rental income only loans
Latest Magnolia Bank Reviews
Robert Lowrie is the worst loan officer ever! I really don't know where to start... The first thing I have to say is that his first work sheet he provided to me did NOT match the final numbers at all. I have to say the numbers were off by at least 3-4 thousand dollars. When we connected first time on September 11th, he said that we would be closing within 30 days, but we closed on November 22nd (yes, more than 60 days). He changed certain things on the loan which caused us to have second appraisal which also delayed the closing date by 7 days. Most of the time, he was not telling the truth about everything which I discovered by the end. He pulled our credits total of 3 times and kept... Read More
first of all I'm a veteran trying to get the best mortgage possible and this guy kyle k did my estimate and the estimate was so far off I thought I was getting ripped of, but in actuality kyle k did not do his homework like other companies which first estimate was the actual closing number. and with that he said know one can match another lie. the guys is a terrible mortgage guy. I would never recommend this company, because they don't care such a car salesman shisty