Builderbanc Reviews 22

TrustScore 2 out of 5

1.9

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Company details

  1. Loan agency

Written by the company

Builder Banc Lending brings finance industry experience and know-how to residential real estate investment professionals, providing high-touch service on an expedited timeline. As a trusted lending company, borrowers tap into the nationwide experience and technology of a platform with more than $4 billion in loans closed.


Contact info

1.9

Poor

TrustScore 2 out of 5

22 reviews

5-star
4-star
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1-star

Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

This company is a huge scam

This company is a huge scam. They agreed to a deal on paper and had me wire $3,501 as a commitment fee but then backed out of the deal but fell to return my commitment fee. I didn't sign anything with them and was old the funds back since the deal was not moving forward. I reported the fraud with the federal trade commission and I have all the receipts to show the back and forth where they agreed to send the money back but never did. This payment was supposed to come on 10/20/2023. I had faith they would do the right thing but they never did so I am not going to sit back and be taken advantage of.

11 November 2024
Unprompted review
Rated 1 out of 5 stars

COMPLETE SCAM COMPANY

They collected a $28,000 deposit for a refinance. Bank of America luckily market it as a scam and the money was finally returned to me. The $4,300 Payment I made for the appraisel however was not returned and no appraisal was ordered. Pursuing legal options against them now!
Total SCAM Company...BEWARE. ANY GOOD REVIEWS ARE FAKE REVIEWS THEY HAVE ASKED PEOPLE TO WRITE!

25 January 2024
Unprompted review
Rated 1 out of 5 stars

This banc took a 1% deposit for my…

This banc took a 1% deposit for my client, $75K, and then took the application. They told us they work with foreign nationals and up-ground construction. Once they had the money, they changed their conditions six times. The last one was for my client to add an American citizen to the company ownership. Then they asked for the American citizen to own 51% or more of the company. I lost my client and both of the projects they were doing. Worst bank in the world to work with. I ended up giving back my share of the 1% to my client so they could see it was not my fault. I have asked them to see an attorney and sue. I hope they go through and sue this POS of a company.

8 August 2023
Unprompted review
Rated 1 out of 5 stars

SCAM SCAM SCAM SCAM SCAM

If I could give this company 0 stars, I would. This company is ran by Robert and Jill Berg. Robert goes by the name of Corey Edwards which is not his real name. They employee people from the Philippines to tell you they can do things that they can't. They will tell you they can do things because they have their own money. Once they reel you or your clients in with lies, they ask for a commitment fee. During the process, Robert will come in and tell you they can't do what they promised hoping the client will just put more money into the deal. If the client backs out, he will keep their commitment fee. They are not a direct lender and do not have their own money. Leave this company alone. They also own Xpressloans911.com.

27 September 2023
Unprompted review
Rated 1 out of 5 stars

Scammer!

Beware of the owners of Fixandfliploan.net and Builderbanc. They are travelling around the world using the hard earned money of real estate investors. The employees under their supervision are from the Philippines. They scammed 150K USD from just one client who they promised to close in few days. Currently they are still operating and already scammed over 1 million dollar on the real estate investors. They have about 30 employees working in the Phillipines. They are claiming that they are a direct lender but NOT. They collect information from clients and submit it to different lenders. builderbanc.com and fixandfliploan.net are the websites they are using to scam people. Robert Berg and Jill Berg are their names. Here are also the list of people working with them, Elenita Pascual, Cezar Tibajares JR, Dianna Lapitan, Harlene Roberto, Zahd Briones, Alexander Wayne, Richard Santos, Adrian Aracelli, Emmanuel Santos, Loveleen Faye Bon Santos, Sidney Destacamento and Aize Abunda who has all the access on their system. Karma is on the way to all of you.

14 April 2023
Unprompted review
Rated 3 out of 5 stars

My experience was vary good

My experience with builder banc was very positive. I got my money very quickly. The application itself took less than 20 minutes. I have never had such an easy time getting a loan.

13 April 2023
Unprompted review
Rated 1 out of 5 stars

#SCAM COMPANY!

#scamcompany! beware! Beware! they claim to be a DE company. yet their Phone number is Tampa, FL They need permission to give out the names of corporate officers. ALL CALLS ARE ROUTED TO A SALES MGR ARTHUR!!! Highest you can go. the staff is actually a call center in Asia. The staff is ill-informed and uses high-pressure sales! NO PRESENCE ON BBB SITE. review goes back only 2 years... They ask for a deposit upfront. RUN! RUN! AWAY

9 March 2023
Unprompted review
Rated 3 out of 5 stars

Easy as pie

Easy as pie. If you are lent money you deserved the loan and can handle it.
Be responsible. Be conservative.

3 November 2022
Unprompted review
Rated 1 out of 5 stars

This company is fake!!!!!

This company is fake. They want upfront money only paid through Zelle. All of the reviews are in poor English with a bunch of stuff that doesn't make sense. The attached pictures are for weird items not related to the company. The reviewers are all fake profiles and their only review is this company! Watch out!

26 January 2023
Unprompted review
Rated 3 out of 5 stars

Efficient

My experience working with Builderbanc was excellent. The application for PPL and all subsequent steps were so simple and efficient. Builderbanc is an excellent option.

11 August 2022
Unprompted review
Rated 3 out of 5 stars

Good job

What we cherished most was the meticulousness, quick reactions and consistent subsequent which are key element for Success.

25 January 2022
Unprompted review

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