Waterstone Mortgage Corporation

Avoid! Beware! Watch out!

Reviews: 3


Total views: 1073

Published: 06 July 2019

Posted by: Rodger

You keep hearing and believe that buying a house is a dream and then you come across people who claim to help you achieve your dreams. When we came across Waterstone we thought what a great company! Friendly people and the management were quick in their responses but all that changed once we agreed to get finances from them. Firstly, even though they claim that their 3% interest rate for first time buyers is conventional and easy, the procedure is killing. They did not specify the documents that are required and caused weeks of delay in replying about queries about ‘missing documents’. Secondly, mortgage insurance was levied even when we told them that we are first time buyers. Even though their website claims that they follow guidelines, they broke their own rules. Their reason was that this mortgage insurance is for assurance.
Now, for the best part, since we are good on our payment terms, we had a credit score of 700 and while this makes us eligible for loans we were told that we need a higher score. Why did I say the best part is that the home loan we wanted was eligible for credit score of 660. Their communication skills and timings are very poor and after weeks of struggling we finally told them that we will look at other options and that got them working. They kept us hanging, kept providing incorrect or incomplete information and kept messing up our timelines and closing dates. Not to mention the complete lack of interest on the part of their loan originator to provide the service they promised. To everyone who are looking for home loans and are first time buyers, please avoid this company no matter how helpful they seem for it is all a bait to trick you and get their commission.

Consumer Reviews and Complaints


Rate and Write a Review on Waterstone Mortgage Corporation


Scam investor

This person pretended to be a Japanese invester. Dr Shuji Endo. Fake IDs. This happened before I just add my scam as well. I wasn’t.

False advertising

I’ve been In search of a used / new transmission I find this place called engine world website looks professional called 2 separate times

Scammers, never return security deposit

I was scammed by this company for $1,478.68 on a security deposit that was supposed to be returned after car drop off. That never.

Fraud. Did not refund my Web hosting money.

I had placed an order for cpanel web hosting at techno savvy port at their site technosavvyport.com in May 21st, 2021. My account got

Item not as described; Refusing refund

This is a followup to a previous complaint that had been closed by the BBB because the company lied and said they would give me a refund


AVOID AVOID AVOID never ever been treated in this manner and received such a poor quality service from a dentist. Received a refund but

Work bully

No one dared to approach the office bully Jacqueline Stabach. Jacqueline Stabach believes she is being followed everywhere, and she might

Deceitful FMO

URGENT FMO FRAUD AND SCAMOK agentsI have to give my fellow agents a heads up!!! We as insurance agents  need to protect our business and