East Coast Mortgage Lending
0% of our customers would recommend this lender.
About East Coast Mortgage Lending
East Coast Mortgage Lending, headquartered in Charlotte, NC, is committed to providing you with the outstanding lending experience that you deserve. We understand that a LendingTree customer has many choices, and there is no room for second place. Providing...Read more
Lender Reviewtnbc from Marathon, FL
East Coast Mortgage Lenders? No thanks!We were referred to ECML by a realtor. Representative took over 14 days to respond to us with loan preapproval information, and then advised us we did not qualify for FHA, when we weren't even applying for an FHA loan! The broker then advised it would be two additional days before they could provide a preapproval for a conventional loan, and those two days have come and gone without so much as an email/phone call or message regarding the state of the application. We have been "out of contract" now for over 3 weeks on the home we tendered an offer for, because the selling parties request a preapproval letter prior to giving a counteroffer. In the meantime, the real estate agent's company is holding a $1000 deposit in earnest money that was tendered upon our signing the offer contract (which is now void) and those monies haven't been returned to us. We're in process of sending information to a local bank mortgage representative, because we've not received a final response from ECML to date, despite our checking in and leaving messages as well as the real estate agent checking and leaving messages. This was a loan for a $500K+ property, and we had a minimum of 10% down cash, with higher down payment negotiable, and over $250K in equity in non-mortgaged properties out of state that are owned free and clear. Not at all impressed with the service from this lender... Read More
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