David Messineo
First Savings Mortgage Corporation
David's Reviews
We survey everyone who has submitted a loan application with this lender, whether the loan closed or not.
Washington, DC
$492,000 • New Construction • 1st Time Buyer
I take my clients views very seriously and am disappointed in the review above. I would still like to give the borrower 5 out of 5 stars but feel compelled to clarify. Our client received an excessive amount of credits towards closing costs from every professional involved in the transaction. There was so much credit that they actually exceeded the costs of the transaction. We noticed this on day 22 of a 30 day close when our closing department was sending out the paperwork one week prior to settlement. New sweeping TRID regulations require a waiting period after any material change to the terms. My client was given the uncomfortable choice of utilizing 94% of the credit and settling on time, or delaying settlement 4 days to utilize 100%. This is an unintended consequence of the implementation of mortgage regulations, and I care deeply about my clients' wellbeing.
WASHINGTON, DC
$505,000 • 1st Time Buyer