
Mgc Mortgage
Mgc Mortgage Overview
The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Mgc Mortgage has 1.1 star rating based on 32 customer reviews. Consumers are mostly dissatisfied.
- Rating Distribution
Recent recommendations regarding this business are as follows: "Dont bother calling them", "Get away from this company ASAP.", "do not deal with this company switch if you can it is a night mare and rip off", "Stay away from MGC and LNV Corporations".
Most users want Mgc Mortgage to offer a solution to their issues.
The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Mgc Mortgage has 1.1 star rating based on 32 customer reviews. Consumers are mostly dissatisfied.
- Rating Distribution
Recent recommendations regarding this business are as follows: "Dont bother calling them", "Get away from this company ASAP.", "do not deal with this company switch if you can it is a night mare and rip off", "Stay away from MGC and LNV Corporations".
Most users want Mgc Mortgage to offer a solution to their issues.
Consumers are not pleased with Location and Reliability. The price level of this organization is high according to consumer reviews.
Terrible
User's recommendation: Dont bother calling them
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified Reviewer |Uncaring Company
So far I was told they did not accept that type of payment. I have no idea what that means and the customer service representative said they did not know what that meant either. They said any payment should be accepted when it is to help the customer with their...
MGC Mortgage is refusing to accept the payments from the program. I have been having issue after issue with his company and it has become very frustrating. They have not been reporting any of my payment history to the Credit Bureau at all and when I tried to get a Home Equity Loan it keeps showing there is no equity in my home. I have been in my home since 2004.
Companies tell me something is not right and I should have equity in my home. So I feel I am stuck with this company who does not care about the customer at all and I have to continue to fight with this company every year in order to keep my home.
- Refuse full payments from government program
- Horrible business
- Confused
Preferred solution: Accept my 6 months of payments or refer all my file and documents to another Mortgage company who will.
User's recommendation: Get away from this company ASAP.
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified ReviewerInsurance Department NEVER recieves anything dont know nothing
I am so sick of every year having to fight with this company behind my home insurance they always want to buy insurance for my home when I have my own insurance I have sent it to them my insurance company faxed it 2 times or more and I still notification that they are paying for a policy when i have my own. I even don't have any equity in my home which is very unusual that I had it before they decided to refinance my home and charge me out the world for something i no longer have with them and they never deducted anything off.
this company is a rip off.
They better get to looking for all the declaration pages that was sent to them for my home. I do not need your insurance MGC I have my own I been sent over the declaration page and my insurance company did to.
- Rip off
- Lack of concern about customers situation
- No communication
Preferred solution: Find my declarations page and take your insurance back geesh
User's recommendation: do not deal with this company switch if you can it is a night mare and rip off
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified Reviewer |Poor service
Preferred solution: send me the damn document I requested twice!!
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified Reviewer |Foreclosure
Preferred solution: Full refund
User's recommendation: Stay away from MGC and LNV Corporations
They did not post my loan payment
- Customer service calls are to long
Preferred solution: may loan payment to be posted to loan
Insurance never received daily
Preferred solution: Do what they say they are going to do, resolve the customer issue.
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified Reviewer |I want OUT OUT OUT of this company
Preferred solution: you guys can't be this busy. I've been trying to contact someone since 1:30pm today. I'm still on hold as my account # is not eligible for online services
Do not use this company
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified Reviewer |Kept my escrow account money and never paid my homeowners insurance
- Confused
- Inept
- Greedy
Preferred solution: Full refund
Web site not working and phone waiting hours
Frustrated
Mortgage
Preferred solution: Price reduction
Scam Artist
Worst mortgage company ever!
I've been stuck with them for 12 years. They have always been a JOKE!
Terrible customer service, payments are applied to the wrong place, and I end up calling every single day talking to different people hoping to fix the problem with no luck!
On top of that, my mortgage doesn't even show on my credit report!! Something's fishy here.
Dishonest
- Fraud
- Rip off company
About
MGC Mortgage, Inc. is a financial services company. MGC Mortgage, Inc. is an American mortgage broker. The company provides a complete line of loans: mortgage refinance loans, debt consolidation loans, new home loans, standard mortgage loans, alternative mortgages, etc. MGC Mortgage, Inc. controls mortgage loan process and provides low interest rates for the customers with good credit record. Besides, the company serves the customers with credit scores ranging slightly lower than what the lender considers good. The company has offices all over the country. MGC Mortgage, Inc employs loan specialists who investigate each case individually and offer a preferable solution.

Mgc Mortgage is ranked 354 out of 1016 in Loans and Mortgages category
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I agree. We need to do a class action suit against them.
I set up a repayment plan. When I called back to make the final payment the customer service rep.
that I talked to destroyed the plan. She put the payment on January instead of December, therefore they had to restart another plan. They need to train their representatives better.
I am very disappointed. They would never let me speak to a manager either