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Last Updated April 1, 2025

Client Review on Socotra Capital
Feedback:
The worst lending organization I have ever dealt with. They lied to me about a loan and had a newbie, Nichole, work with me on a fixer loan, and she had JUST got her license. She tried to get escrow to hurry and get the purchase closed before the REO had even signed the contract. Obviously she did not know what she was doing. She and her sup hooked me in by saying I was approved for one amount (not putting it in writing to me) and came way down later on approval amount, but I would not have any funds to fix it up. She did this after I was in a non-refundable auction deal. I had to start all over with another lender and almost lost the deal because of her lies. Not only that, but she required I used one of their appraisers who ended up not appraising the home for as much as she verbally told me it will appraise for after seeing it. She had done the preliminary work on it also. I believe they work together on this. PS, I did find it in writing to the seller as far as an approval of the original amount. This company likes to do things verbally, so things are not in writing.
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