Townstone?
Ryan Kelley?
Perl?
Rocket Dudes?

Prefer not to have a bunch of places run credit checks.

What say you?

Meet Walter (“Hello, Friend”)…..42….IT Professional. Walter was getting divorced and needed to buy a home. Being a good Consumer, Walter consulted with a variety of lenders which consisted of a local Wintrust bank, his Credit Union, and Daivd Hochberg. The bank and Credit Union quickly informed Walter that due to his child support and Maintenance obligations, securing a mortgage without a co-signer would be impossible. Walter had a very lengthy conversation with David. While he found David to be professional, thorough, and interested in helping….David regretfully gave Walter the same answer as the others. Discouraged….Walter started looking at rental homes with a local Realtor. After hearing of Walter’s situation and price range for homes, the Realtor suggested Walter contact her preferred mortgage broker, Matt Brua. Skeptically….Walter contacted Matt and they discussed his situation with Matt concluding that he didn’t see any reason why Walter couldn’t get approved for an FHA mortgage with 5% down all on his way. Within a week, Walter had a pre-approval letter and he selected a house to purchase. Once a price was negotiated, Walter closed on his new home within 30 days and lived happily ever after. Don’t always fall victim to radio ads…Call David…if that fails…call someone else

David Hochberg of Townstone may be the "smartest mortgage broker on the planet", as he tries to convey in his radio ads, but he is also the most pompous, rude, profane, and cocky person I have ever spoken to.

While returning my phone call for the first time, David proclaimed "Hey.... Whatever the F*ck your name is"... Then he paused, while shuffling through his papers to find my name... This shocked me... and I decided to find another broker.

A few months down the road, when I finally found a fitting property, I decided to call David again, to see if what had transpired was just a one time incident. No such luck. The guy was cocky, rude, kept interrupting me, and continued swearing. Most importantly he thinks that he is a better person than you are because he knows mortgages.

I'm filing a BBB complaint against Townstone Financial. If you like to be treated like just a piece of meat, call Townstone Financial. If you want to be respected and treated with courtesy look elsewhere!

RESPONSE TO BARRY: Dear Barry. There is a VERY GOOD reason why Yelp has filtered over 130+ 5 star reviews for your business, and let only 10 TRUE reviews (including mine) stay on your page. Can you guess the reason? I can!

looks like a FULL HOUSE???

One time I did a David Hochberg read where the client was a goat and now I can't find it.

Some of the lending ads I hear on the Score these ads make it clear we haven't learned our lessons from the 2008 crisis. 0% down and 100% cash out refis are just asking for a repeat. I even heard a recent scheme (I think it was from Ryan Kelly) where he said if you were a business owner who didn't show much net income on your taxes, you could just show your bank statement deposits to qualify. In other words, we know you're cheating on your taxes and are showing no net income by padding your expenses, but wink wink, we know you actually are making more than you declare.

It was before the conversion.

I remember one line was "I asked him, 'how's your credit? He said 'it's baaaad.'"

I remember one line was "I asked him, 'how's your credit? He said 'it's baaaad.'"

He also called him an ungulate in disgust.

Some of the lending ads I hear on the Score these ads make it clear we haven't learned our lessons from the 2008 crisis. 0% down and 100% cash out refis are just asking for a repeat. I even heard a recent scheme (I think it was from Ryan Kelly) where he said if you were a business owner who didn't show much net income on your taxes, you could just show your bank statement deposits to qualify. In other words, we know you're cheating on your taxes and are showing no net income by padding your expenses, but wink wink, we know you actually are making more than you declare.

Give David a call. He is a client of ours. He's a good dude. Extremely funny.

It's fucked up. When I went to get a mortgage just a little over a year ago, what I got approved for was mind-boggling. There was no way we could have made the payments they would have given us, even if we could have put 20% down. I have to imagine there are a lot of people who get sucked into that and buy shit they should not be buying. There's probably a sense of "well, if the bank approves it... it must be fine."