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Schumpeter Reincarnate


Joined: 24 May 2008
Posts: 221655

Re: Discussion on Home Loan Consultants, Inc.
PostPosted: Mon Jan 05, 2009 1:19 am Reply with quoteBack to top

http://ml-implode.com/imploded.....03-18.html
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georgia
Dud?


Joined: 08 Jan 2009
Posts: 2

They deserve to go down
PostPosted: Thu Jan 08, 2009 8:53 pm Reply with quoteBack to top

Butcherine and his group deserve to go down. I had the misfortune of dealing with his staff and him personally. bait switch and delay would be too kind. Days to get phone calls returned, files continually lost .. promises continually broken .. Almost lost a great deal because of failure to meet an originally reasonable deadline .. Mind you this was a full doc loan meeting all parameters. Finally went to a local broker and got loan closed in three days .. Beware and good riddance
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loangirl09
Dud?


Joined: 06 Jan 2009
Posts: 6

Re: Discussion on Home Loan Consultants, Inc.
PostPosted: Fri Jan 09, 2009 3:51 am Reply with quoteBack to top

Georgia you sound like a loan officer posing as a borrower. HLC does not deserve to go down. As a matter of fact we are coming back stronger than ever. You want to talk about who deserves to go down , its these loan mod companies that tell borrowers to skip there mortgage payment and then collect an up front fee of $3,500 and dont do anything that the borrower couldnt do themselves. Its part of the reason that we continue to be in this mess.
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loangirl09
Dud?


Joined: 06 Jan 2009
Posts: 6

Re: Discussion on Home Loan Consultants, Inc.
PostPosted: Fri Jan 09, 2009 3:57 am Reply with quoteBack to top

Its very SUNNY out here and probably tough to find a job--We have openings for loan officers if you want to work in the SON.
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georgia
Dud?


Joined: 08 Jan 2009
Posts: 2

Re: Discussion on Home Loan Consultants, Inc.
PostPosted: Sun Jan 11, 2009 11:36 pm Reply with quoteBack to top

Nope jsut a victim of your shady practices and disingenuous and incompetent people. you might want to find a real job with a real company unless you want to be a bernie madoff look a like
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CA
Dud?


Joined: 27 Jan 2009
Posts: 1

Re: Discussion on Home Loan Consultants, Inc.
PostPosted: Tue Jan 27, 2009 8:27 pm Reply with quoteBack to top

I have never posted a comment on a forum or even blogged. Fortunately, I have time to do so today.

I see and understand both parts of this discussion. As a former employee, I worked with a very friendly and hard working staff. However, after being in this business 11 years I began to notice most of the staff was inexperienced and lacked an organized management team. I believe the company did their best and most volume when mortgages were much easier to finance- back when Stated/Stated loans and No Income No Assets loans existed. When our business turned back into the "full doc" industry is when the staff showed its true knowledge and understanding of a true full doc loan. Point in fact- they did not know how to structure a full doc loan, they did not know what documentation to ask for, what type of appraisal was acceptable, even how to calculate income. That's not to say they didn't work hard. This deficiency of knowledge stemmed from poor training by the management team.
The core management team was made up of a husband and his wife. For the most part they (the husband and wife) seemed to go about their day with normalcy however their public fights far out weighed any type of normal work environment. When I say public I literally mean, fighting and shouting and arguing in front of the staff. This made for a very awkward and uncomfortable work atmosphere. There were several times when one or the other would leave the office because the fight was too much for them to handle. Now, I realize there are office politics in every office but in my 11 years I have never experienced a work environment that reminded me of watching someone’s parents argue. While the managers were open to LISTENING to new ideas and appeared enthusiastic about new procedures, eventually they would all fall by the waist side. The old non-efficient procedures would come back in to play. I would venture to say it was their way or the highway- even if it was the most inefficient and non profitable way.
In all I think HLC had good potential and had a hard working staff. I just think they worked harder Not smarter- the exact opposite of their favorite quote 'worker smarter, not harder'. They lacked the organization and knowledge of an experienced management team. The management team was far to concerned with how many applications they had in the pipeline- Rather than how the applications were being taken and how many applications were truly loans they could actually fund and close. Quantity is great but you got to have quality or you will have no loans to close! Most of the loan applications they were taking ended up not closing. Which if your a borrower is very alarming!

I wish their staff the best. I personally will never ever refer a client to them again. And I will NEVER work for them again. I am blessed to now have a great job where I don’t have to hear a husband and wife argue and have a staff of well trained loan officers, underwriters and processors.
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bankmgr
Dud?


Joined: 13 Feb 2009
Posts: 1

Re: Discussion on Home Loan Consultants, Inc.
PostPosted: Fri Feb 13, 2009 1:17 am Reply with quoteBack to top

I've known of HLC for 2 years and they are a VERY shady group. I personally know a couple people that worked there and they are doing all kinds of shady lending practices. The owner and his wife are the terrible two who lead that place with lies and horrible lending practices. The loans they are doing cannot be done anywhere else and that is why our economy is torn due to brokers like this. The employees are treated like dirt by the cocky owners all while they are lied to about how the company is run. As I said these people deserve nothing more than to find a new line of work, like selling used cars. The rumor is that they are joining another company called JEM OR GEM so keep an eye out consumers as they were on thier way under but a different name doesn't mean that the unhealthy business practices will stop. John Butcherine is a selfish business owner who is more concerned about being right rather than doing the right thing. This guy seems to be miserable in life which relects in how he treats his employees.


Last edited by bankmgr on Fri Feb 13, 2009 1:27 am; edited 1 time in total
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loangirl09
Dud?


Joined: 06 Jan 2009
Posts: 6

The truth about HLC.
PostPosted: Fri Feb 27, 2009 1:35 am Reply with quoteBack to top

I guess everyone that is on this implode meter didnt know what they were doing. Or could it have been because of the worst credit crisis in history that we have this website. There are very few who are still in the business. The owners did everything they could to keep everyone happy and the company going. I know that they went several months not even paying themselves in hopes that the market would turn around and they could begin a growth strategy. Again, worst credit crisis since the depression. Im sure people are upset that they got layed off or lost there job and the posters here are venting. That is OK but I have known the owners for 5 years and they are hard working, honest people that were just trying to get ahead in life. The owners do know how to put toghether a full doc loans and saying that they dont is c**p. They used to work for a large institution that all they did was full doc loans. As far as fights with the between the owners I can say that I did experience a few , a few over 5 years is not bad. There is always stress in running a business and people argue all the time. I know that they would wish everyone all the success in the world as they did for me. They went so far as helping me find a new job, create a resume and put them down as a reference. I am greatful for my experience at HLC it has given me a ton of experience and skills that I can carry into ANY lending institution.
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loans4ever
Dud?


Joined: 03 Mar 2009
Posts: 1

Re: Discussion on Home Loan Consultants, Inc.
PostPosted: Tue Mar 03, 2009 8:02 pm Reply with quoteBack to top

Loangirl09 appears to be the co-owner trying to pass herself off as a client and former employee in past comments posted.
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peanuts
Dud?


Joined: 03 Mar 2009
Posts: 1

Re: Discussion on Home Loan Consultants, Inc.
PostPosted: Tue Mar 03, 2009 8:39 pm Reply with quoteBack to top

I have been reading these blogs for months now and never felt the need to chime in until now. I am the ONLY former employee that worked at HLC for 5 years, loangirl09 seems to be writing on my behalf and that is where I feel I need to draw the line. For the record, I DID leave on the best possible terms that anyone EVER has left HLC on, however, it was not SONshine and roses like she made it out to be. I will not go into what happened during those 5 years that I worked there, I feel that I am above all that. However, I will not allow someone else to falsly pretend to be me and speak on my behalf. So please disregard Loangirls last comment as it is not true in the slightest. I am no longer HLC's "angel" and have no need to fight their battles.
I hope everyone knows by my user name who this really is. If not, then this response does not apply to you anyway.
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