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110 years of trusted experience
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1.01 Reviews
Showing 1-1 of 1 reviews
SCOTT G.
05/2008
mortgage broker
 + -1 moreI obtained the mortgage but the loan officer pulled a trick towards the end when we went to lock in the rate which gave her another quarter point of income. I feel she was untruthful about interest rates going up and that I needed to buy it back down. I checked - the rates hadn't moved. Later it was revealed by another employee (Paula W.) at this bank that the loan officers had been instructed to get 1% commission on all deals. Cheryl had done this by telling me she would give me 0.75% commission price that they had always given me because I was a regular customer and pulled the trick at lock-in time to kick it back up to 1% total. She could have just told me that they were not able to do the 0.75% instead of the tricks.
Description of Work: I obtained a first mortgage on a home purchase.
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$3,346
Contact information
12790 FIRST AVE N, Lindstrom, MN 55045
www.lakeareabank.comService hours
Monday:
8:00 AM - 5:30 PMTuesday:
8:00 AM - 5:30 PMWednesday:
8:00 AM - 5:30 PMThursday:
8:00 AM - 5:30 PMFriday:
8:00 AM - 6:00 PMSaturday:
8:30 AM - 12:00 PMLicensing
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Service Categories
Mortgage Companies
FAQ
LAKE AREA BANK is currently rated 1 overall out of 5.
Monday: 8:00 AM - 5:30 PM
Tuesday: 8:00 AM - 5:30 PM
Wednesday: 8:00 AM - 5:30 PM
Thursday: 8:00 AM - 5:30 PM
Friday: 8:00 AM - 6:00 PM
Saturday: 8:30 AM - 12:00 PM
No, LAKE AREA BANK does not offer free project estimates.
No, LAKE AREA BANK does not offer eco-friendly accreditations.
No, LAKE AREA BANK does not offer a senior discount.
No, LAKE AREA BANK does not offer emergency services.
No, LAKE AREA BANK does not offer warranties.
LAKE AREA BANK offers the following services: CHECKIN ACCOUNTS, SAVINGS ACCOUNTS, LOANS, ONLINE BANKING, HEALTH SAVINGS ACCOUNTS, REMOTE DEPOSITS, INDIVIDUAL SAVINGS ACCOUNTS. INVESTMENT SERVICES. MORTGAGE SERVICES: GOVERNMENT LOANS, FIRST TIME HOMEBUYER PROGRAMS, ZERO DOWN HOME RENOVATION LOANS, REVERSE MORTGAGES, FAST MORTGAGE PRE-APPROVALS, LONG-TERM FIXED RATE MORTGAGES, ADJUSTABLE RATE MORTGAGES, BALLOON MORTGAGE PROGRAMS, INTEREST-ONLY MORTGAGES, SINGLE CLOSE CONSTRUCTION FINANCING.
Contact information
12790 FIRST AVE N, Lindstrom, MN 55045
www.lakeareabank.comService hours
Monday:
8:00 AM - 5:30 PMTuesday:
8:00 AM - 5:30 PMWednesday:
8:00 AM - 5:30 PMThursday:
8:00 AM - 5:30 PMFriday:
8:00 AM - 6:00 PMSaturday:
8:30 AM - 12:00 PM