Fembi Mortgage

I sent the other bad reviews on Unilocal to the mortgage processor and FEMBI before we started. She ASSURED me that she had over 30 years of experience bla bla bla and these reviews most likely came from the division that sells over the radio. Long story short we had them confirm for us ABOUT 10 TIMES that our interest rate should have been a certain number and low and behold they upped it on us at the LAST SECOND. They also tried to charge us points aka over a thousand dollars (under the guise that this was necessary because we allegedly had a favorable interest rate). This was BS as we had a close friend at Wells Fargo who we had check the interest rate and they were offering a WAY LOWER RATE. We raised complete hell and they finally (after many calls to management) waived these fees but we still got screwed with the interest rate. I swear these points are designed to make you feel like you get something when they are waived — meanwhile, they screw you to your face on an interest rate that is higher than that which you agreed to. But it will be too late (you will be close to closing and will have gone through a long and strenuous process with them) and you wont be able to get away! I will tell you they are a bunch of scam artists. I now work in real estate and have enough experience to know that we got completely scammed by them. I would never ever recommend them except to report them to the BBB.

My husband and I were first time homebuyers back in 2011. Long story short: we originally went with Bank of America, and we got totally screwed one week before closing. Literally, one week before closing we were told our file was declined. So, at the advice of my aunt, we went to Charlotte Kassab at FEMBI. Best decision we ever made –she cleaned up BOA’s mess and started from scratch with us. From start to finish, she was always straight forward (no BS at all), quick to return phone calls and emails, honest, resourceful, dependable, the list goes on…
Our file was not an easy file to deal with, and I always had TONS of questions for her. I’m telling you, she held my hand through everything and really took her time to answer all my questions (even questions I asked way more than once before). She is the most patient, reliable, and honest person you’ll meet. Period.
I would never trust anyone else with my mortgage.
Now, I’m actually a real estate agent and I see what goes on behind the curtains as well. My respect for Charlotte and FEMBI has only grown stronger now. From every angle, they’re the way to go. Believe me.

AVOID! One of the worst experiences I’ve ever had. The interest rate originally quoted was 4.5% with $ 5,000 in closing fees and 20% down. Took them forever to prepare all the paperwork for the closing and a day before the closing date the terms changed to 5%, $ 6,000 in closing fees and 25% down. We had to postpone the closing by a few days to make sure the terms don’t change again. Sure enough, right before the second closing the terms changed again. Now we had to put 30% down. They kept pressuring for us to agree to the new terms every time without giving us some time to think it over. It felt like they were just trying to get paid and squeeze as much money out of us as possible. We were in contract for over 4 months, from June to October and they still couldn’t get their act together. Our lawyer recommended we just walk away because it was getting too ridiculous. Of course I’d already paid all the fees, which came out to $ 1,500 and did not get anything back. Looking back, we should’ve gone with someone who knows what they are doing.