FHA Mortgage Focus Fuels Lend America...

FHA Mortgage Focus Fuels Lend America's Rise

There are 835 comments on the Housing Wire story from Jun 30, 2008, titled FHA Mortgage Focus Fuels Lend America's Rise. In it, Housing Wire reports that:

The changing landscape in mortgage banking is propelling fast-growth for lenders that specialize in originating mortgages endorsed by the Federal Housing Administration ; Melville, New York-based Lend America ...

Join the discussion below, or Read more at Housing Wire.

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Miami, FL

#1 Jan 2, 2009
lend america is a piece of crap, they say they will help you for the h4h program after they tell you you are qualified the wont return your phone calls, PIECE OF SHIT LEND AMERICA

Baldwin City, KS

#2 Jan 27, 2009
Lend America is a no good loan company all they do is tell you a bunch of lies .They take you money and dont send your checks out like they say they will. i advice no one to deal with them. If you do you will be in a mess.

Gainesville, GA

#3 Jan 27, 2009
I refinanced through Lend America, and everything went through the closing just fine. However, they never paid off the original mortgage that was being refinanced. Now we are in a real mess. We have the original lender trying to collect on the outstanding debt, plus the new servicing company is trying to collect as well. They are a real big fraud. Take it from my first hand experience DO NOT USE LEND AMERICA. Find a legimate company to do business with.

Columbus, OH

#4 Jan 29, 2009
don't use Lend America for anything unless you just want to waste time and throw money away!!! This type of buisness needs to be shut down and prosecuted by the government!!!!!

Baldwin City, KS

#5 Feb 2, 2009
what are you doing about getting your money for your mortage payoff they will get in real bad stuff when it goes to the attorney general

Baldwin City, KS

#6 Feb 2, 2009
LendAmerica is a snottie company they are just a big fraud wht will happen to them when the lawyers get it in there hands
Michael Primeau

Brooklyn, NY

#7 Feb 12, 2009
Lend America is one of the largest mortgage companies in the country, helping hundeds and hundreds of families every month purchase and refinance homes. When doing a huge volume of business there will be an occasional problem or issue, many of which are beyond our control due to the nature of our business and outside vendors, but for every complaint, I can show you hundreds of thank you letters from grateful individuals. If anyone has a legitimate problem or complaint I would like the opportunity help resolve it. Please contact me directly at (888) 536-3001 x5733 or email mprimeau@lendamerica.com
Michael Primeau, President Lend America

United States

#8 Feb 17, 2009
this guy is lying thru his teeth

United States

#9 Feb 17, 2009
Micheal Primeau is the world's biggest liar. If you want to lose your house then call Lend America.

Clements, CA

#10 Feb 19, 2009
WHERE IS A legimate company to do business with??
I live in Modesto, Ca. and everyone is back east and they claim that they are with the Hope for Homeowner Program.

Baldwin City, KS

#11 Feb 22, 2009
Michael Primeau is a big liar he will not e-mail you or call you.I feel that all the people that work for Lend America is nothing but liars they tell you they will call but they dont even the aAttorney General office in Melville will tell you they have all kinds of complaints against them.. tHAT IS REALLY BAD.

Floral Park, NY

#12 Mar 5, 2009
The real owner of the company is Michael Ashley. The reason why he cannot be CEO is because he was arrested and cannot run the compnay legally. His father, which owned the original company, we sent away for 4 years for fraud under Ideal Mortgage Bankes. So, to keep the company going, Primeau is the president only in name and has nothing to do with the day to day operations. That is why you only see Michael Ashley on the commercials. Stay away. Loans never funds....

Compton, CA

#13 Mar 11, 2009
HBarber wrote:
I refinanced through Lend America, and everything went through the closing just fine. However, they never paid off the original mortgage that was being refinanced. Now we are in a real mess. We have the original lender trying to collect on the outstanding debt, plus the new servicing company is trying to collect as well. They are a real big fraud. Take it from my first hand experience DO NOT USE LEND AMERICA. Find a legimate company to do business with.
out of curiosity, what is the new servicing company? I think my current servicing company and Lend America are affiliated somehow because my servicing company is pushing me to refi with Lend America for the H4H program --- I just have a feeling that they are affiliated and will get a kick back
the real deal

Stamford, CT

#14 Mar 12, 2009
At least Mike Primeau put his name and contact number down and didn"t hide behind phony representations from bullshit competetors, Lend America employees 600 people who are making wonderful livings while you guys are busy writing garbage

Haledon, NJ

#15 Mar 13, 2009
Lend America sucks...dont worry not only do they screw clients/..they screw their own employees...how about that class action law suit against them for not paying their employees..then trying to fix it by paying minimum wage and taking it back out of commission,...yeah thats legal!! every dog had their day...Mike Primeau is just a cover...uniondales right...he is just a robot..poor thing. Karma is a bitch!!

Haledon, NJ

#16 Mar 13, 2009
and as far as 600 people making a wonder living...not!! most in the pit never even close a deal!!
good luck

Addison, TX

#17 Mar 17, 2009
Predatory lending at its finest! Make yourself crazy to close 5 deals a month to make 5K and the company makes 50K on 5, 100K dollar loans.... How you like that? Michael Ashley is the owner of the company. Uniondale is right.

Fairview, NJ

#18 Mar 17, 2009
I was actually trying to find their info to work for them. They sound just like all the other now non-existent companies i used to work for. FFF in Long Island did the same thing to me when I first started in the business. I closed 9 yeah 9 loans in one month and got less than 4000 dollars. In shock I quit when I saw how much they made (even though I was new i am still too embarassed to say how much they made) and Candice the proceesor made sure we all paid for the clients flood certs out of commission until someone realized and complained, and they also took .5bps with the argument that due to the volume they gave a certain bank that money was for the house.
They worked subprime over and now they are after seniors with Reverse Mortgages. HELP, Obama Bush, anybody!!!!!
I cant find an honest company that has the clients interest at heart.
The worst part is that the purchase of a home is the single most important purchase of ones life and all these companies literally drag uneducated untrained high school kids to handle peoples finance so that no one will know their little secrets and the "loan officers" aint got a clue!!!!. Go figure.

Haledon, NJ

#19 Mar 17, 2009
most loan officers there are young druggies handling other peoples finances..should be lend america pharmacy ..for any and all drugs call the 1800 number!!

Bronx, NY

#20 Mar 18, 2009
I work at Lend America and it is a great company. Most of the people complaining just couldn't make it there. The biz. has always been a commission based biz. so anyone complaining about being paid a salary never closed any loans and never made any money and if they did close loans then they complain its not enough money.they dont even know how lucky they are to make anything in this economy right now. As far as subprime we do mostly all loans thru fha hud makes the rules if you want to call it subprime because people with low credit scores get loans then you dont know what a subprime loan is. to say they charge to much money for the transaction they are a company with 600 people and it cost a lot of money to run a company that size and market the company they way they do so they should just do everything for free. every comapny has to make money to stay in biz. So glad all of the negitive people quit so i dont have to work with them

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