Stanford Mortgage

Thanks to Sheldon Cooney my husband and I were able to purchase a home. Sheldon is very thorough and a pleasure to work with. We own our own business with liabilities that have personal guarantees. He was able to get us financing even with the messy details. We are so thrilled and would highly recommend him to others. He is also extremely patient with explaining things and highly responsive — we couldn’t have asked for more.

Dennis was Awesome! He was able to refinance my current mortgage with No money down, intrest rate down almost a point and I came out of escrow with money back! I couldn’t ask for more, entire process went very smoothly and I would recomend Dennis to anyone, he was GREAT!

Thanks to Stanford Mortgage and the help of Dennis Peloquin, I got myself into a mortgage I couldn’t afford. Sure, I take responsibility for signing the loan docs, which were NOT what I expected. Dennis and I talked about conventional loans the whole time, but I wound up with an ARM.
I remember having several really frank conversations with Dennis, during which I asked, «Do people of my income *really* buy houses in this price range?» And he did everything he could to convince me that it was a good idea. Obviously, I wanted to buy the house, but my gut told me it was a bad idea. I let myself ignore that gut feeling, based in part on the poor advice Dennis gave me.
Again, I accept responsibility for my part (ignoring that gut feeling, signing the loan docs, etc.), but it would be nice if these loan brokers ever had any consequences to endure. I have suffered through the foreclosure of my first home, but I assume Dennis is still doing business while I basically have to financially start over.
Unilocaling is all I really have left, so please take my advice. Read everything. If you don’t understand it, don’t trust your loan broker, and instead, go find someone you TRUST who can explain it to you. Homeownership is not as glamorous as many people let on, at least not when you’re saddled with a mortgage you can’t afford.
If I could go back in time, I would have gotten a second opinion because the advice offered to me at Stanford Mortgage did NOT have my best interests or long-​term security in mind.