Dominion Financial Services South St, Baltimore, Maryland

Dominion Financial Services Reviews

4.4 stars based on 73 reviews

Featured Comments:

• K

  Kisha P

  5.0

  I own several rental properties so I’m not new to lending transactions. Wade and his team have provided the most seamless, FASTEST transaction I’ve ever experienced! Moreover, I shopped our loan and they by far have the best product offerings. I highly recommend them. I look forward to doing business with Dominion in the future!

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  paul schmitz

  1.0

  I don't believe this organization is very forthright. I have been a landlord for nearly 20 years and have multiple properties that I have pulled equity from several times over. My credit rating is very good. After DFS got all of my personal information and charged their upfront fee and a healthy appraisal charge they provided me some BS about my monthly rent did not hit a "guideline." When I asked for these "guidelines" in print I was told I would receive a screenshot of them. No such screenshot was shared. My opinion ...this organization is NOT credible and trustworthy. Stay Away.

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  Response from the owner

  Mr Schmitz, I'm sorry that you're upset. FYI the rate lock fee that you paid for is (always was) being refunded, as your property didn't qualify for the loan program that you wanted. The appraisal cost went to an appraisal company. Dominion Financial Services gained absolutely nothing by your property not qualifying for a loan. Your loan officer explained that the minimum rent per month is $800/mo. You decided to proceed with the appraisal, even though there was a risk because the market rent is on the bottom edge of the program guidelines. The fair market rent for the property, as determined by the appraiser, came back at $775/mo. You understood this risk when you ordered the appraisal. While its frustrating when appraisals don't come back as hoped, to suggest that Dominion Financial did something underhanded or lacks credibility doesn't make sense. We benefited in no way by your property not qualifying, and certainly lost money by working the deal and it not qualifying. Sometimes frustrating things happen, but your frustration is misdirected.

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  mousumi roy

  1.0

  We refinanced our properties through Dominion on October 2021. After some time they have sold that loan to another company. As per the initial/original agreement mortgagee Dominion was responsible to pay the premium for insurance policies. Now we have received the cancellation notice from the insurance company which states that mortgagee company has failed to make payment on time. It also clears that insurance company doesn’t have any updates on the change of mortgagee which was Dominion Financial’s responsibility to inform the insurance company. It’s a big mistake from their side . It shows their lack of responsibility. Not happy at all !!!!We have never faced such irresponsible work ethics with any other mortgagee company.

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  Response from the owner

  Mousumi, I'm not able to find you in our system in order to research this issue. Can you please email me the property addresses? I'm happy to make sure this is taken care of. If we made a mistake, I want to make it right. I don't think that anyone acted unethically, but we do want to make sure everything is proper. My email address is [email protected] or 410.353.5667 is my cell. -Jack BeVier, Partner

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