Smarter Mortgages

unknown

unknown

It went great..see above.

They promised a no-cost refinance that could drastically lower my interest rate. I was suspicious because their quoted interest rate was lower than quotes I received elsewhere, so I read everything very carefully. And they followed through. Brian and the other folks I worked with were responsive, transparent, and helpful. The refinance closed promptly and my interest rate fell to 3.375%.

I contacted several mortgage companies, both local and on the internet, about refinancing. Fearon had the best deal. They acted like they really wanted my business, and even came back with a better offer after I initially hesitated. I'm always a little leery about potential and quot;gotcha'sand quot;, especially with respect to closing costs. They took the time to explain in detail every itemized cost. The actual closing was a very simple affair, with a notary coming to my house at my convenience for signing of all the documents. Out of pocket cost was even a little less than their estimate. Very smooth, painless transaction. I recommended Fearon to a colleague at work, and she also had a very positive experience.

unknown

At first I thought this would be a great experience I even referred my friend to them. It all went down hill about 2 weeks before I was to close. First they were behind and had extended my closing...no problem. But the evening before I was to close I was told I would need to bring 7200.00 to closing...WHAT!! My estimate was 1800.00 and I had already given them 500.00 toward that. By the time the broker called me back (later that evening) come to find out they miscalculated my payoff for my original mortgage. When I asked why they didn't call me sooner when the closing cost were over 5000.00 higher I was told "because you had money in the bank" I was floored!! Yes I did have the money in my savings...it was for my daughters tuition due in march! I told him they would have to increase the loan amount because I couldnt pay it and what happened next was even more dissapointing! He said he could'nt. Because they had waited until the very last minute to close my rate lock was expiring so I had to close the next day or call it off. Well I thought I would just call it off...well then my rate would be higher because they had gone up and I would be out fees already paid for appraisal, loan fee's ...etc (about 1000.00 wasted) they offered no help with this...I was basically backed into a corner of throwing away 1000.00 and getting a higher rate VS putting closing cost on a credit card. Heck they didn't even offer to cut their fee's a couple hundred dollars for all the trouble. I will NEVER use them again...further more I will always share my story to anyone I hear is going to refinance...not because they made a mistake but because they offered no help to correct THEIR mistake.

I contacted them for a pre-approval in late May which went very smoothly. My wife and I have good credit scores, so we went with a conventional loan which they charged a service fee of 1995$. There are many other fees involved with acquiring the loan, but this is all that went to them. There seemed to be a million documents to sign, and as I never met face to face with anyone it did become a bit annoying playing the sign and fax game (mostly because I don't have a fax at home). We closed 4 days before the contract date which was great and my final closing came out to be about 400$ less for all the fees which was even better! It appears they sell all of their loans which is a bummer, but I will use them again in the future if I need another home loan.

The loan was secured on time and most of the terms were kept. however they jacked up the closing costs by a nickel here and a dime there. There was an increase of $270 from the initial 'good faith estimate'. At that stage of the process we were just a couple of days away from the closing date and there was no time to haggle so we just went with the flow without complaining. The overall experience was good. They were courteous and professional throughout the process.

Excellent. Mr. Medvec rendered service that was prompt, courteous, and personalized. He was also available on weekends when the situation called for it. We are thankful that we found Alex and Fearon through Angie's List! We would work with him again and will refer friends/family to him. Thanks Alex!

We were very pleased. I would recommend them.

Absolutely flawless.

Overall, the process was very smooth. I don't have any complaints at the moment. We are done with the work, but I am waiting for the final paperwork. So far, everything is going well.

I was originally referred to Fearon Financial by my financial advisor. I determined that if my advisor endorsed them then they must be a trustworthy company. Following my experience with Alex Medvec, Mortgage Manager for Fearon, I have to say that Fearon not only met my expectations, they exceeded them! My initial contact with Alex Medvec resulted in superior customer service from start to finish. Refinancing can be confusing and intimidating but Alex made a complex process understandable. He was very patient and answered all questions promptly and thoroughly. And, after all the paperwork was signed, he even followed up by contacting me and asking if everything went well. I felt very sure that he was ready to step in had there been a problem. I believe anyone looking to refinance their home or consolidate loans should look into the services of Fearon Financial.

Horrible experience.

They were an excellent company to deal with. Their interest rates were the lowest I could find (as low as the best rates I found on the web). I would definitely deal with them again.

Alex is a true professional. He helped me through the refinancing process from start to finish. Him and his firm were very upfront about their fees (which were reasonable). Alex helped me get some of my financial ratios in line, and was patient with me while I got things where they needed to be. At no time during the refinancing process did I feel any pressure at all from Alex. He was always quick to respond to my questions, and he answered all of my questions in a professional and knowledgeable manner, and he explained things in very easy to understand terms. I would absolutely use Alex again, and I would recommend his services to my friends and family.

Not a single complaint. Everything was performed accurate and quickly. Not a delay in the entire process. I was very impressed with Alex's overall knowledge and real life practical explanations. I give high regards to Alex and Fearon Financial and would recommend their services to anyone.

I found Fearon Financial when shopping for mortgage providers. I was impressed with their rates and the fact that they have in-house underwriting and fund the loan themselves. In the past I've used mortgage brokers and due to the fact they send out the loan for approval this process can take longer than planned. Alex was the loan officer I contacted with Fearon Financial. He was knowledgeable and responsive to my questions. Even though this was my 2nd home purchase, Alex made sure I was kept informed every step of the way. He communicated excellently with my real estate agent and made the process go smoothly and quickly. I would recommend Alex and Fearon Financial to anyone looking for residential financing.

I have known Alex since college so I contacted him when it was time for us to find financing for our first home. Even though I knew and trusted Alex, I still shopped around to make sure his companies rates and fees were in the ballpark. I found that Fearon's rates beat every bank I contacted and they went above and beyond most lenders with a guarantee to meet the purchase closing date. Alex made the whole process simple and easy for us. He explained how an FHA loan works and answered all our questions. He communicated with both of the agents involved keeping them posted every step of the way. Our agent was impressed with him as well and kept his information for future referrals. We closed on our home within 20 days of first signing our loan application and Alex even came to the closing! I would recommend Alex and Fearon Financial for anyone looking for a home loan.

Finding a company and more importantly a person that you can trust to refer your clients in to the residential lending arena isn't always that easy, but Alex Medvec with Fearon Financial has earned my trust to do just that. My job is to continually look out for the best interest of my clients, so when I make a recommendation of an outside service provider I need to make sure they operate with the same intention that I do. Alex does a great job in doing what he says he's going to do and makes sure to keep consistent contact with the client to make sure that they are always tuned into everything through the whole process. Alex is very professional and provides a very high level of service. I would recommend that anybody buying a residential property in Columbus OH at least give Alex a call before selecting a financial lender.

Finding a company and more importantly a person that you can trust to refer your clients in to the residential lending arena isn't always that easy, but Alex Medvec with Fearon Financial has earned my trust to do just that. My job is to continually look out for the best interest of my clients, so when I make a recommendation of an outside service provider I need to make sure they operate with the same intention that I do. Alex does a great job in doing what he says he's going to do and makes sure to keep consistent contact with the client to make sure that they are always tuned into everything through the whole process. Alex is very professional and provides a very high level of service. I would recommend that anybody buy a residential property in Columbus OH at least give Alex a call before selecting a financial lender.

We believe that they give you the best rates around.

Called for rates and was walked through rates for fixed rate mortgage from 15 to 30 years. Had a lock placed for a 30 year fixed with no closing costs. Fearon's rates couldn't be touched by other banks and the other banks were charging closing costs also.