NVR Mortgage – Ryan Homes Review
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NVR Mortgage, a subsidiary mortgage division of NVR Inc., who also owns home builder, Ryan Homes, has a bad enough record of customer complaints to mark off my list of usable companies. We located two websites, 15 telephone numbers, and a slew of client complaints.
NVR Mortgage Website and Phone Contacts
NVR Mortgage Website: http://www.nvrmortgage.com/index.asp
NVR Mortgage Phone:
703-956-4000
Fax 703-956-4754
Address: 11700 Plaza America Drive, Suite 500, Reston, VA 20190
Ryan Homes Website and Phone Contacts
Ryan Homes Website: http://www.nvrinc.com/ryan.htm
Ryan Homes Phone:
(703) 753-4800
(301) 421-4240
(301) 632-5340
(301) 670-4646
(301) 937-9761
(301) 975-0707
(703) 494-5447
(703) 631-3524
(703) 643-0020
(703) 679-1575
(703) 690-1205
(800) 666-4419
Address: National Headquarters – Ryan Homes, 11700 Plaza America Drive, Suite 500, Reston, VA 20190
NVR Mortgage – Ryan Homes Review
I my opinion any company getting accused based on consumer complaints of kickbacks, illegal referral fees, fake incentives is a company to never deal with. Ryan Homes who’s parent company NVR Inc and owns NVR Mortgage, is being accused of these acts all over the web. Where there is smoke, there is fire.
Brian Sullivan, a spokesman for HUD when asked about home builders with wholly-owned subsidiary mortgage companies, said this recently in USA Today,
“We are seeing increased consumer complaints about builders including kickbacks and illegal referral fees, phantom incentives and other violations of our real estate laws”
The USA Today article uses an example of a complaint filed by a Ryan Homes – NVR Mortgage customer.
I personally received a phone call from a former client of Ryan Homes and NVR Mortgage alleging discriminatory lending practices as well.
It appears when I search for complaints against NVR Mortgage, there are many. Click the link to see all the NVR Mortgage complaints listed in Google.
BBB Activity on Ryan Homes
” Based on BBB files, this company has an unsatisfactory record with the Bureau due to unanswered complaint(s).”
See Comments Below to Add/Read Customer Opinions On NVR Mortgage – Ryan Homes
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Author: The Mortgage Insider
Date: September 12, 2008
Tags by Post Complaints, Home Builder, Mortgage Company Reviews
Technorati Complaints, Home Builder, Mortgage Company Reviews
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Has anyone had any experience with NVR Mortgage and their short sale approvals and processing? My husband and I put an offer on a pre-forclosure/short sale/ third party approval home in one of Ryan’s communities. From my internet research the previous owner seems to have had their mortgage thru NVR. It’s been over 4 months since we submitted the offer and we haven’t been approved by the third party!! (guessing it’s NVR) Any tips or advice would be helpful. We’re frustrated because we are kind of obligated to wait for an answer before we can either move in or look for a different house.