I came across a critical review of Vectra Bank Colorado Landmark on a Scam Reporting website – DirtyScam.com, titled ‘The Loan Process’.
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 Vectra Bank Colorado Landmark with a pinch of salt.
Here is what the review says –
In the beginning of February we contacted Vectra Bank in Greenwood Village regarding financing a land, construction and permanent loan to build a home on a ten acre lot in a subdivision in Pine, Colorado.We went through the whole process of submitting documents, verifying information, providing all the necessary signatures and providing the contract on the land.The contract was written to have a closing date of March 29th, 2018.Through this process we noticed that the production manager seemed to have a great deal of difficulty communicating not only with us but his loan processors and we had to re-send many documents several times.Also in this time frame we were told the appraisal they received was sufficient for the land.They did not indicate there were any issues involved in any aspect of the loan process.Then on the 21st of March (approximately 40 days later and eight days before closing) we were notified by the production manager, their underwriter would not loan on the land, deciding it was raw and unimproved.This 10 acre lot is in the Woodside subdivision and has been in existence for well over 40 years.There is power on the land, natural gas bordering the property as well as phone access.The roads are 60 feet wide and it is a very well developed area with many homes.This astonishing experience with Vectra Bank in Greenwood Village does, of course, mean we have to start over finding another loan institution and we now face the real possibility of losing this beautiful piece of property due to their proven incompetence.For them to have not clarified the underwriter approval before we wasted 40 days is untenable.They had the contract information in the beginning of February as well as the appraisal on the property clearly describing the property.We would caution anyone considering doing business with Vectra Bank in Greenwood Village to take our experience into account and needless to say we would never recommend doing business with Vectra bank or Zionbancorp.
In case you don’t already know (assuming you came to this page by Googling ‘Vectra Bank Colorado Landmark scam‘, or ‘Vectra Bank Colorado Landmark review‘, Vectra Bank Colorado Landmark is listed under the category Business on DirtyScam.com.
Here is the rest of the contact information for the sole purpose of identification –
- Address: Greenwood Plaza Boulevard Greenwood Village CO 80111
- Phone: (720) 947-7100
- Website: http://vectrabank.com
- Severity of Scam: High [not sure what it means]
- Reported Loss: 2569 $ [unsubstantiated]
- Reported by: Anonymous [obviously]
The entity Vectra Bank Colorado Landmark was awarded 1 / 5 Stars based on 1 Reviews.
It is difficult to ascertain whether Vectra Bank Colorado Landmark is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into Vectra Bank Colorado Landmark, 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 Vectra Bank Colorado Landmark as someone you need to avoid (for now).
If you have any grievances, complaints, or anonymous tips against Vectra Bank Colorado Landmark, please contact us immediately. If you have lost money to Vectra Bank Colorado Landmark, together we can work to recover your loss.