Review: Avex Funding Corp

Review: Avex Funding Corp

Posted in the Milpitas Forum

J Morris

Livermore, CA

#1 Aug 24, 2010
Reliable, Trustworthy, easy to work with, great rates, no closing cost!

Avex Funding very straight forward - when they say no closing costs, they delivered on what they promised. I closed my home loan in two weeks without any closing cost, I was impressed.
J Peter

Oakland, CA

#2 Sep 18, 2010
I think that Avex is a fantastic Loan refinancing company and has diligent hard worker with experience and knowledge. I will recommend everyone for refinance loan.

Sunnyvale, CA

#3 Nov 9, 2010
We planned to do our refinancing with this company. After collecting all our information they guaranteed us a rate and we went as further as signing up the loan documents. The day we were supposed to fund passed by , when trying to contact the company , we could not get in touch with anyone for a couple of days, no one answered our phone and emails, after that the owner Semin finally called back and was outright rude, She lied to us saying that the title company has lost our docs and so they could not fund the loan on time, the next morning we called the title company and they were very surprised and angry that these guys are lying to us since they had send the papers to them long time back, when we put all of them in the same email, Semin accepted that the mistake was on their part. After that began a series of other issues, first they said they cannot honor the rate anymore, then they kept asking us for one paper after the other , pretty much everyday they found a new excuse to postpone funding our loan. My loan was passed from one agent to another within the same company, each one promising that this time they will do it right. In the end we had to walk away and ask the title company to refund our money. This company is extremely unprofessional. They may be cheap but they are not worth the pain. The owner Semin is a complete fraud. Do yourself a favor, please don't do business with them. I won't be surprised if most people in the office are working there illegally. This is definitely not a firm you want to give your personal information to, please stay away.

Irvine, CA

#6 Feb 6, 2012
Yes it is one of the worst companies. They don;t have any ethics or professionalism.They claim that they are direct lenders. It is not at all true. what they do is they collect all the documents and submit to Wellsfargo.These people dont' even have any access to contact and followup with Underwriter at Wellsfargo. If the wellsfargo underwriter clears the file, these people make money and close the loan. Or else, you will be in deep hole and you need to come out on your own.
So think twice with the companies which promise you MOON. This company is one of them.
As another post mentioned, the Semin valani should be behind the bars for cheating the people like this. There is no difference between this company and fraud software consulting companies.

San Jose, CA

#7 Jul 30, 2012
I am agree with SRC. It is one of the worst companies. I also experience that " they collect all the documents and submit to Wellsfargo.These people dont' even have any access to contact and followup with Underwriter at Wellsfargo. If the wellsfargo underwriter clears the file, these people make money and close the loan".
They can go up to any boundary to make money from our loan refinance. Even I marked that Semin was very rude with some customers. All loan agents are working illegal. Many times my loan agent told me that Moni doesn't allow to email for information and Semin(Owner of company) doesn't tell anything to Moni because she is bringing most of the business. I personally found that Moni doesn't communicate effectively with loan agents to provide info about loan. My loan agent was afraid of Moni.
If your work is done perfectly through this company then it is good luck of yours.

Manteca, CA

#8 Mar 17, 2014
Semin Valani cause so much stess to my family with her dishonest tactics that i lost my first born child due to it. She is very dishonest Indian loan officer. Avoid her and she keeps changing her company name so that nobody notices.

Manteca, CA

#9 Mar 17, 2014
Badru and Semin have a system - Badru reels customers usually new indian immigrants who are in software field with lies about how and he his son will fund their projects and then they will direct you to Semin and wham before you know you have lost anywhere $20,000 to $40,000 in loan fees and you end up with high blood pressure and sugar problem after being giving the run around of musical chairs by Semin Valani for almost a year to buy a house. Father Mother and Son are a Team let there be no confusion about it. Software Engineers be careful of these people. They are running a real estate scam

San Bruno, CA

#11 Aug 1, 2014
Semen Valani is a crook. Bait and switch job. The rest of their employees can't answer simple questions about the loan terms.They will just sell your loan anyway to a bigger bank - might as well save yourself the trouble and go straight to Wells Fargo or Chase or whoever you do your checking and savings with.

Santa Clara, CA

#12 Feb 7, 2015
Thank you for letting us know. Someone recommended us "Avex funding" Samin Valani, but after reading these reviews I will not even think about getting a loan from them.

Thank you guys again.

Newark, NJ

#13 Aug 25, 2015
This company is horrible! It was the worst customer service experience i have ever had. The person i talked to was not the same person whose name was on the application. This tells me that they use unlicensed originators to do deals. That was just one of many many many issues i have with this rediculous company. If you know whats good for you dont use them.

Fremont, CA

#14 Sep 14, 2016
Stay away from these crooks. I drop them in time.

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