Third Federal Savings & Loan – Legit or Scam?

I came across a critical review of Third Federal Savings & Loan on a Scam Reporting website – DirtyScam.com, titled ‘Very Very Disappointed’.

DirtyScam allows anonymous submission of complaints from angry consumers and victims of scams. Since the website is hosted offshore (probably in Russia or India), we take this (negative) review against Third Federal Savings & Loan with a pinch of salt.

Here is what the review says –

 


very disappointed with Third Federal Savings & Loan! While shopping several lenders for a mortgage loan, a Third Federal loan officer and I developed a plan for the loan with regard to closing costs and an interest rate and i received an approval that was all supposed to be good for 60 days.After a home purchase contract subsequently went through Third Federal I reviewed the loan package and realized that, without any prior discussion or notification, about $3000 in additional closing costs had been slipped in … visible on page twenty-something of the package.My loan officer was, strategically, “out of the office” when i called and I spoke with some surrogate who, annoyingly, refused to answer my questions and continued trying to provide education on loan products… even after I informed him that I thoroughly understood the loan products (I am a real estate broker).3 times he told me, “we don’t do business that way.” Really?!? They DID conduct business this way, with me at least.Third Federal wasted my time and would have completed screwed up the purchase timeline if I had not been willing to self-finance the purchase (which i did).I most definitely recommend against this lender!


 

In case you don’t already know (assuming you came to this page by Googling ‘Third Federal Savings & Loan scam‘, or ‘Third Federal Savings & Loan review‘, Third Federal Savings & Loan is listed under the category Business on DirtyScam.com.

Here is the rest of the contact information for the sole purpose of identification –

  • Address: Madison Road Cincinnati OH 45208
  • Phone: (513) 458-2300
  • Website: http://thirdfederal.com
  • Severity of Scam: Medium [not sure what it means]
  • Reported Loss: 2877 $ [unsubstantiated]
  • Reported by: Anonymous [obviously]

The entity Third Federal Savings & Loan was awarded 1 / 5 Stars  based on 1 Reviews.

It is difficult to ascertain whether Third Federal Savings & Loan is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into Third Federal Savings & Loan, analyze and list more critical reviews and identify a pattern (or lack of) to substantiate the claim mentioned above.

Regardless, until then, we give the benefit of doubt to the reviewer and list Third Federal Savings & Loan as someone you need to avoid (for now).

If you have any grievances, complaints, or anonymous tips against Third Federal Savings & Loan, please contact us immediately. If you have lost money to  Third Federal Savings & Loan, together we can work to recover your loss.

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