WARNING ALERT: Fraud? Bad Business? Lending Universe www.LendingUniverse.com

Mortgage and Lending with Nima Rezvan Prosper First Funding Corporation NMLS#110681 NMLS#110681


Dear Mortgage Brokers, Real Estate Professionals and Consumers,

I believe it is that time again where I spend some time out of my busy day to inform you of another bad experience that I just had with a lead generation company called Lending Universe http://www.LendingUniverse.com  As you have read my previous blogs, I have no shame in coming out and blogging about a bad company because as a good person that I am, I want to save you from losing money and the headache that I got from Lending Universe.  I actually spoke to my rep at Lending Universeand I told him that I am a very important mortgage professional and I blog so please make sure that you send me better leads or I will have to blog about your company and the disaster that I've been through so far.  I have become a very popular mortgage professional on the web and people in the same line of work as me listen to what I have to say.  People really enjoy the honesty, integrity and professionalism that I bring to the table, day in, day out.

Lending Universe Experience:

I have been with Lending Universe for maybe 18-22 months.  I requested leads that were fresh and loans that were in Connecticut only.  Guess what, I received no new loans or anything worth time consuming.  I am not even sure if they do generate leads because I have never seen their advertising on-line.  The only thing I do know is that once I did receive leads from them, they were all 2-6 months old.

Here are some responses that I got from Lending Universe consumers:

1.) I don't even know how to use a computer so I didn't fill anything on-line for a rate request, etc.

2.) Yes, I did want a mortgage but I applied on-line 4 months ago so please remove me from your phone list.

3.) You are the 20th person that has called me so please remove me from your list.

4.) I even had a consumer scream and use foul language with me since I was probably the 40th person calling her in the past 2 months.

5.) I already funded and refinanced 4 weeks ago.

Lending Universe:

Lending Universe even has a BBB symbol on their website.  Is it real?  Are they really a good company but I just got burnt?  What is the truth?  We may not know the truth but I do know that I will never, EVER do business with Lending Universe again.  This is my way of venting and letting others know about this fraud portal that took about $600-$800 of my own hard earned money.

Please comment on this blog and share your good experience or bad experience with the rest of the readers.  I doubt there will be any positive feedback and I am sure there will be a ton of nightmares shared here.

Bottom line: STAY AWAY FROM LENDING UNIVERSEhttp://www.lendinguniverse.com/

CONSUMERS: Stay away from Lending Universe!  Not a good company to give your information to or you will be bothered for the rest of your life.

MORTGAGE PROFESSIONALS: Look for another way of picking up leads, this is not the way to do, trust me.

REALTORS: Stay away from Lending Universe because if they are giving me bad business, what will they give you?

I complained about the old Lending Universe leads and they gave me more old leads!  Not a good way of doing business with a person like me who is willing to purchase your product/leads for the rest of my career.

Thanks for reading my blog today and I look forward to hearing some comments from consumers, realtors and most importantly the mortgage brokers/mortgage professionals who had bad experiences with Lending Universe.

***Note: I rarely ever talk negatively about someone or in this case "Throw Them Under The Bus" but this had to be done.  Every single day I strive to be the best mortgage professional and best human being that I can be and for people to be out there taking advantage of good people like myself just bothers me a whole lot.  My goal is to have this blog read by as many people as possible so they won't fall a victim to Lending Universe.


Your CT Real Estate Financing Friend,




Comments (19)

Nima Rezvan CT Lender CT Senior Mortgage Broker
Nima Rezvan Prosper First Funding Corporation NMLS#110681 - Fairfield, CT
First Time Home Buyer Expert - CT FHA Loans - FHA

Dear Reader,

Again, I want to express that I did not want to write this blog but I was pushsed, ripped off and taken advantage of so it had to be done.  I really don't want anyone to do any type of business with this company.  I wrote this blog out of the goodness of my heart so that no one else will go through the nightmare that I went through and more importantly lose any of your heard earned money. 


Active Rain Mortgage Man has spoken up once again!

May 01, 2007 07:00 AM
John Karadsheh
KOR Properties - Mesa, AZ
ABR, CRS - REALTOR - Mesa, Arizona - Las Sendas
Thanks for the heads up
May 01, 2007 07:09 AM
Nima Rezvan CT Lender CT Senior Mortgage Broker
Nima Rezvan Prosper First Funding Corporation NMLS#110681 - Fairfield, CT
First Time Home Buyer Expert - CT FHA Loans - FHA

John Karadsheh,

Thanks for viewing my blog.  I can't believe I posted it like 7-10 minutes ago and it has been viewed 100 times already!  WOW!  Thanks for commenting as well.  Spread the word please because this is the most that anyone can do to help out another real estate professional. 

May 01, 2007 07:12 AM
Stephen Gladstone
Stonehollow Fine Home Inspections & Testing - Stamford, CT


Indeed I had the same experience with them 2 years ago. They say whatever you want to hear and do nothing.

Steve Gladstone, Your Home Inspector in CT Stonehollow, Fine Home Inspections

May 01, 2007 07:36 AM
Nima Rezvan CT Lender CT Senior Mortgage Broker
Nima Rezvan Prosper First Funding Corporation NMLS#110681 - Fairfield, CT
First Time Home Buyer Expert - CT FHA Loans - FHA

Stephen Gladstone:

How are you sir?  How is Stamford?  Welcome to Active Rain!  So you had the same experience with them?  Did you purchase anything?  You are a home inspector correct?  Or do you do mortgages as well?  I believe I was reading about you and I think your wife is a realtor, am I right? 

Give me a call one of these days and let me know if you can maybe get me in touch with your wife or if you know of any realtors in Stamford area.  Thanks Stephen.  Write back.

May 01, 2007 07:53 AM
Kelly Ross
Mason McDuffie Mortgage Corp. - Exeter, CA
Your Financial Security Begins at Home!

WOW! I wish I would have read your blog and joined active rain before I joined Lending Universe!  The site came highly recommended to me by someone in another state and I tried diligently for weeks to utilize their leads.  They will credit back bad leads after four days but that is such a hassle when you want to generate not do additional record keeping.


Like I said, they came highly recommended and I wonder if that is because they offer  $100 FREE credit if you recommend someone and they join and pay for leads? Hmmmm.  That's too bad.


Thank you for alerting all of us and I hope that someone will do a search of the blogs on active rain should they want to check something out before they pay the money.  My experience here so far, is that active rain bloggers are mostly honest. 


Thank you for sharing.


Kelly Rider

Success Lending 

May 15, 2007 09:17 AM
Synergy Real Estate Solutions
Synergy Real Estate Solutions, LLC - Pittsburgh, PA

Thank you for letting us know. As a title company who offers lead generation services, it is good to know about this company. We generally refer people to a few companies for the lead types we do not offer. I certainly will not refer anyone there.

Thanks again!

Jason C. Sheppard
President and CEO
TruClose Financial Services, LLC
1501 Reedsdale St.
Cardello Building Suite 4004
Pittsburgh, PA 15233
PH: 888-510-9665
FX: 412-322-3543

May 15, 2007 09:47 AM
Nima Rezvan CT Lender CT Senior Mortgage Broker
Nima Rezvan Prosper First Funding Corporation NMLS#110681 - Fairfield, CT
First Time Home Buyer Expert - CT FHA Loans - FHA

Kelly Rider: No problem!  It is my duty to let my fellow mortgage professionals know about these things.  These supposedly GREAT leads are supposed to increase your business and production but it actually slows you down and hurts your confidence and drains all the FIRE that you have.  Stay away from on-line leads period!  Active Rain is a very powerful on-line real estate community filled with experienced and true real estate professionals.  You will learn hundreds of new things if you really had the time to and wanted to learn something new.  Thanks for the great comments. 

Jason Sheppard:  Like I just said to Kelly above, it is my job to let others know.  If I get ripped off then I wouldn't want anyone else to get ripped off.  Plus, I am also trying to make a name for myself in this community.  It would be great to receive a referral from you one day or from Kelly.

Thanks for dropping by!

Your Active Rain Mortgage Man,


May 16, 2007 12:28 AM
Steven Shewell
Primary Residential Mortgage, Inc. - Ephrata, PA
The Mortgage Maverick
It is for this reason that I NEVER purchase internet leads.  I honestly don't know of one person who has gotten the "fresh" leads they were promised.  Also, I can't understand paying top dollar for a lead that is going to be given to many other people.
May 16, 2007 12:37 AM
Nima Rezvan CT Lender CT Senior Mortgage Broker
Nima Rezvan Prosper First Funding Corporation NMLS#110681 - Fairfield, CT
First Time Home Buyer Expert - CT FHA Loans - FHA

Steven Shewell:  You are doing something right and that is not purchasing online leads, period.

Their leads were old, like sometimes like 6 months old and they were sold to maybe 100 people.  You would call these people with a smile and with an attitude that you want to help them out and immediately you get yelled at.  Just not a pleasant experience.  I am here to originate mortgages and not get scolded.

May 16, 2007 12:48 AM

I have you know after submitting all my account information, and everything to obtain a possible loan through Lending Universe I find my Bank account Robbed of $300.00 from some off the wall named man my bank shows is at WELLSFARGO. 

I had to close my account and re-open a new one, all b/c I trusted my information would only be used for quailification purposes.  I Have SURELY learned my lesson.  It is very hard to trust anyone, especially through the NET. 


 I contacted the long distance number (of course) given for this company and the man you always get said - "That would not have anything to do with us"

Let me know what ya think.  Or by chance have you also been robbed by Lending Universe?

Mar 06, 2008 09:12 AM
Nima Rezvan CT Lender CT Senior Mortgage Broker
Nima Rezvan Prosper First Funding Corporation NMLS#110681 - Fairfield, CT
First Time Home Buyer Expert - CT FHA Loans - FHA
Bobbie are you a consumer or a lender?
Mar 07, 2008 01:39 AM
Thomas Frankito
Bank of America Home Loans - Mentor, OH
I used them about 2000 - 2001.  Never had good leads from them.  I did get credit for the bad ones, and it was like pulling teeth.  Lead generating websites have never done well for me anyway.  I just stick to the realtor referral and past clients.
Mar 09, 2008 07:17 PM
Laurie Logan
Keller Williams Realty, Inc., Broker Associate - Madison, WI
South Central WI Real Estate
Bottom line - we must generate our own leads.  No one can really do it for us.
Mar 09, 2008 07:38 PM
Heath Coker

I was looking for new ways to fundmy site REindex.com and came across this post.  Thanx for the info.  My site is funded now by my own real estate company, but it is getting so large and time consuming that I need a staff and funding for them.

Happy Selling and Listing!

Mar 20, 2008 02:57 AM
Ludwik Pacyk..LP Appraisals, Ltd. Palatine, IL

This company appears to do a very good job of promising the world and doing absolutly nothing.

They seem to market to the mortgage industry and exist only to collect fees. Even if you sign up, all you get is constant e-mails from them that becomes worse than spam. They do nothing to promote your business. They never appear in any internet searches for anything positive. Spend you money elsewhere.longan 

Mar 31, 2008 02:20 AM
Consumer Al

I logged onto Lending Universe and filled out the application for a loan for property. I was contacted within 2 days by a Mr. Andy White claimimg to be a broker working for Global Financial Investments supposedly a sub lender for Questa Financial out of the UK. He offered a loan at 6% interest and claimed he would have the money transferred to my bank with 24 hrs of receiving 1800.00 dollars in a wire transfer for Property Insurance Protection. He sent me a bogus loan agreement form that contained nothing but a Barrister's signature and a statement saying I would agree to pay the loan back in a timely manner. Thats all nothing else. I asked (these were email messages) him abut needing anything for a credit check,an employment statement and accout number for transferring the loan to my bank. He replied that he got all the information he needed thru Lending Universe. I knew this was a lie because I had not furnished this information to them. He also supplied a mans name to wire the money to in the UK and his spelling and punctuation was horrific. Also I knew for a fact any money being asked to be wired to the UK was a scam 95% of the time. This idiot kept emailing me telling me I had to get the money wired ASAP to allow them to transfer the loan funding to my bank. My question is...Does Lending Universe even investigate these so called brokers,lenders or loan companys before allowing them access to their list of potential clients. I am sure this was a NIGERIAN Ripoff scam and thats what I told Mr. Andy White the supposedly loan broker. Beware of Lending Universe and any so called lending instituion that contacts you thru their bull@#%# web sight !!

Jul 16, 2008 07:36 AM
Consumer PJ

Guess I was a little slow this morning.  We had heard positive reports of finding private financing on the web and thought we'd try to find 100K we could use - having a 16 acre lot as collateral.  Lending Universe came up and I just filled out their basic forms (no actual personal account info) figuring we could find someone. 

Only after an hour or two did I think about a google search of their name - and this turns up.  Guess I'm one of those that will receive phone calls eons down the road, and to wit, some of that from scammers - with no "real" assistance for now.  Such is the reward for not thinking ahead.

In any event, I DO appreciate the heads up your blog provided.  Thanks.

Jul 18, 2008 03:55 AM