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SCME Loan company
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SCME Loan company

Old 08-03-2007, 07:00 PM  #1
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Join Date: Jul 2004
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SCME Loan company

Anyone ever heard of this company or used them?

Thoughts.


www.scme.com
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Old 08-04-2007, 10:47 AM  #2
Yeti6669
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After a few minutes of research they are a mortgage company based out of California that Specializes in the Reverse Mortgage and Sub prime markets. They are a privately held company controled by a Mr and Mrs. Davies. Their web server is based out of San Diego California and they only have one location in Utah.


Most likely they are a firm who initiates a loan then sells it to another firm a few months down the road for profit.
Old 08-05-2007, 06:54 AM  #3
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If they sell it would that keep the terms the same for the person that took out the loan?
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If guns kill people, then I can blame my pencil(keyboard) for misspelled words.

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Old 08-05-2007, 10:24 AM  #4
Yeti6669
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IT depends on what small print they put in the terms and conditions of the loan..You just have to be careful.
Quote:
Originally Posted by krispy View Post
If they sell it would that keep the terms the same for the person that took out the loan?
Old 08-06-2007, 09:37 AM  #5
 
Join Date: Nov 2005
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Quote:
Originally Posted by krispy View Post
If they sell it would that keep the terms the same for the person that took out the loan?

You keep the same terms but you should always read the fine print.
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