Author Topic: Anyone used Croovy for mortgage refi?  (Read 1296 times)

waltworks

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Anyone used Croovy for mortgage refi?
« on: March 21, 2014, 01:14:43 PM »
They claim to be some kind of crowd/aggregator loan site and advertise basically zero closing costs and nice competitive rates. My too-good-to-be-true-dar is going off but I'm paranoid that way. Anyone ever use them to refi (or just get a mortgage)? How did it go? Is it a bait-and-switch or legit?

-W

Thegoblinchief

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Re: Anyone used Croovy for mortgage refi?
« Reply #1 on: March 21, 2014, 02:18:11 PM »
Not in my state.

So it's Lending Tree meets Groupon?

I'd at least check with the relevant licensing authority that they are, in fact, a legit institution. But if they weren't legit, why would they only be working in one city?

waltworks

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Re: Anyone used Croovy for mortgage refi?
« Reply #2 on: March 21, 2014, 02:33:26 PM »
It does appear that they only operate in our lovely home state of UT, which always rings alarm bells.

-W

Not in my state.

So it's Lending Tree meets Groupon?

I'd at least check with the relevant licensing authority that they are, in fact, a legit institution. But if they weren't legit, why would they only be working in one city?