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I am a real estate agent and received an offer from a buyer who had a pre-approval letter from Homestar Financial Corporation. One day after the letter, it was determined that the buyer did not qualify for ANY loan amount. How is this legal? It t... (More) I am a real estate agent and received an offer from a buyer who had a pre-approval letter from Homestar Financial Corporation. One day after the letter, it was determined that the buyer did not qualify for ANY loan amount. How is this legal? It tells me that this company wrote up a pre-approval letter with out doing a credit check on the buyer. If you are a buyer, please make sure you are working with a honorable financial institution it will save you a lot of heart ache on both buyer and seller side of the transaction. Unscrupulous business practices of this magnitude should be reason enough not to use this organization for any of your financial needs. (Hide)
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