Business ProfileforCMG Financial

To Whom It May ********* am writing to lodge a formal complaint on behalf of my client, ***********************, regarding a case of fraud perpetrated against him by ************************* of CMG Financial Home Loans.As *************************** real estate agent at Sonoran Vista Properties, I assisted him throughout a real estate transaction, during which the loan was approved with CMG Financial. ************** placed his trust in *************************, the branch manager for CMG Mortgage located at *******************************, believing that she and CMG Financial would safeguard his interests throughout the home purchasing process.However, despite ****************** initial trust and confidence in CMG Financial, it has become painfully clear that he has been deceived. *************************, representing CMG Financial, misled ************* into believing that the property he intended to purchase was warrantable by ****** ***,and consequently, he was persuaded to pay for an appraisal on the property. Shockingly, this payment was made before CMG Financial and ************************* undertook the necessary steps to assess the property's eligibility, which subsequently revealed that it did not meet ****************'s standards for warrantability.After ************** had already paid for the appraisal, CMG Financial, through *************************, notified him of the insurmountable problem that ****** *** would not approve the property. It has become evident that CMG Financial defrauded my client into paying $525.00 for an appraisal on a property that never qualified for ****** *** approval in the first place.**************, like any consumer, has every right to rely on the representations made by CMG Financial. When engaging in a significant financial transaction like purchasing a home Our attempts to resolve this matter directly with CMG Financial have been futile, I am now seeking your assistance from the Better Business Bureau to intervene and address this issue promptly.Sincerely ***************************** Sonoran Vista Properties