WARNING ALERT: Fraud? Bad Business? Lending Universe www.LendingUniverse.com

Real Estate Mortgage Broker with Nima Rezvan Prospect Mortgage NMLS#110681


Dear Mortgage Brokers, Real Estate Professionals and Consumers,

I believe it is that time again where I spend some time out of my busy day to inform you of another bad experience that I just had with a lead generation company called Lending Universe http://www.LendingUniverse.com  As you have read my previous blogs, I have no shame in coming out and blogging about a bad company because as a good person that I am, I want to save you from losing money and the headache that I got from Lending Universe.  I actually spoke to my rep at Lending Universeand I told him that I am a very important mortgage professional and I blog so please make sure that you send me better leads or I will have to blog about your company and the disaster that I've been through so far.  I have become a very popular mortgage professional on the web and people in the same line of work as me listen to what I have to say.  People really enjoy the honesty, integrity and professionalism that I bring to the table, day in, day out.

Lending Universe Experience:

I have been with Lending Universe for maybe 18-22 months.  I requested leads that were fresh and loans that were in Connecticut only.  Guess what, I received no new loans or anything worth time consuming.  I am not even sure if they do generate leads because I have never seen their advertising on-line.  The only thing I do know is that once I did receive leads from them, they were all 2-6 months old.

Here are some responses that I got from Lending Universe consumers:

1.) I don't even know how to use a computer so I didn't fill anything on-line for a rate request, etc.

2.) Yes, I did want a mortgage but I applied on-line 4 months ago so please remove me from your phone list.

3.) You are the 20th person that has called me so please remove me from your list.

4.) I even had a consumer scream and use foul language with me since I was probably the 40th person calling her in the past 2 months.

5.) I already funded and refinanced 4 weeks ago.

Lending Universe:

Lending Universe even has a BBB symbol on their website.  Is it real?  Are they really a good company but I just got burnt?  What is the truth?  We may not know the truth but I do know that I will never, EVER do business with Lending Universe again.  This is my way of venting and letting others know about this fraud portal that took about $600-$800 of my own hard earned money.

Please comment on this blog and share your good experience or bad experience with the rest of the readers.  I doubt there will be any positive feedback and I am sure there will be a ton of nightmares shared here.

Bottom line: STAY AWAY FROM LENDING UNIVERSEhttp://www.lendinguniverse.com/

CONSUMERS: Stay away from Lending Universe!  Not a good company to give your information to or you will be bothered for the rest of your life.

MORTGAGE PROFESSIONALS: Look for another way of picking up leads, this is not the way to do, trust me.

REALTORS: Stay away from Lending Universe because if they are giving me bad business, what will they give you?

I complained about the old Lending Universe leads and they gave me more old leads!  Not a good way of doing business with a person like me who is willing to purchase your product/leads for the rest of my career.

Thanks for reading my blog today and I look forward to hearing some comments from consumers, realtors and most importantly the mortgage brokers/mortgage professionals who had bad experiences with Lending Universe.

***Note: I rarely ever talk negatively about someone or in this case "Throw Them Under The Bus" but this had to be done.  Every single day I strive to be the best mortgage professional and best human being that I can be and for people to be out there taking advantage of good people like myself just bothers me a whole lot.  My goal is to have this blog read by as many people as possible so they won't fall a victim to Lending Universe.


Your CT Real Estate Financing Friend,





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Comments 18 New Comment

Laurie Logan
South Central WI Real Estate
Prudential Community Realty, Broker Associate
Bottom line - we must generate our own leads.  No one can really do it for us.
March 10, 2008 02:38 AM
Anonymous #16
Heath Coker

I was looking for new ways to fundmy site REindex.com and came across this post.  Thanx for the info.  My site is funded now by my own real estate company, but it is getting so large and time consuming that I need a staff and funding for them.

Happy Selling and Listing!

March 20, 2008 09:57 AM
Anonymous #17
Ludwik Pacyk..LP Appraisals, Ltd. Palatine, IL

This company appears to do a very good job of promising the world and doing absolutly nothing.

They seem to market to the mortgage industry and exist only to collect fees. Even if you sign up, all you get is constant e-mails from them that becomes worse than spam. They do nothing to promote your business. They never appear in any internet searches for anything positive. Spend you money elsewhere.longan 

March 31, 2008 09:20 AM
Anonymous #18
Consumer Al

I logged onto Lending Universe and filled out the application for a loan for property. I was contacted within 2 days by a Mr. Andy White claimimg to be a broker working for Global Financial Investments supposedly a sub lender for Questa Financial out of the UK. He offered a loan at 6% interest and claimed he would have the money transferred to my bank with 24 hrs of receiving 1800.00 dollars in a wire transfer for Property Insurance Protection. He sent me a bogus loan agreement form that contained nothing but a Barrister's signature and a statement saying I would agree to pay the loan back in a timely manner. Thats all nothing else. I asked (these were email messages) him abut needing anything for a credit check,an employment statement and accout number for transferring the loan to my bank. He replied that he got all the information he needed thru Lending Universe. I knew this was a lie because I had not furnished this information to them. He also supplied a mans name to wire the money to in the UK and his spelling and punctuation was horrific. Also I knew for a fact any money being asked to be wired to the UK was a scam 95% of the time. This idiot kept emailing me telling me I had to get the money wired ASAP to allow them to transfer the loan funding to my bank. My question is...Does Lending Universe even investigate these so called brokers,lenders or loan companys before allowing them access to their list of potential clients. I am sure this was a NIGERIAN Ripoff scam and thats what I told Mr. Andy White the supposedly loan broker. Beware of Lending Universe and any so called lending instituion that contacts you thru their bull@#%# web sight !!

July 16, 2008 02:36 PM
Anonymous #19
Consumer PJ

Guess I was a little slow this morning.  We had heard positive reports of finding private financing on the web and thought we'd try to find 100K we could use - having a 16 acre lot as collateral.  Lending Universe came up and I just filled out their basic forms (no actual personal account info) figuring we could find someone. 

Only after an hour or two did I think about a google search of their name - and this turns up.  Guess I'm one of those that will receive phone calls eons down the road, and to wit, some of that from scammers - with no "real" assistance for now.  Such is the reward for not thinking ahead.

In any event, I DO appreciate the heads up your blog provided.  Thanks.

July 18, 2008 10:55 AM

Nima Rezvan

First Time Home Buyer Expert - CT FHA Loans - FHA 203k - CT Mortgage
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