Cogo Capital — The Private Money CompanyReviews of cogocapital.com

All they care about is up selling you, high interest rates and points. Too many documents required. Rude people. All they want and care about is making money off the people.Everybody lies . Please do not use !!

I was contacted by Cogo. I have a deal ready to go and was transferred to 4 different people. The one lender James sounded as if he had just woken up from a nap and told me he’d call me back. Timing was crucial for this deal and 2 hour later he never responded. I called the main individual who got me in contact with James and he forwarded me back through to speak to another individual. This girl never responded or answered either. While on the phone with the secretary I could hear her playing footsies and flirting with people in the office while we were speaking. Incredibly unprofessional. In time crucial deals this company is not the one to go with.

I signed up with Cogo with a former employee who told me that i would be paying a background check fee of $197. Fine..I did that...was assigned a loan officer...at first this loan officer seamed Ok..young and inexperienced you could tell...but the main problem with him...just he was very hard to reach...I did bring a property to him...after my deal fell thru...I hustled to find another property..These real estate deals close pretty quickly...and I left so many message trying to reach him..it was ridiculous. Then I spoke to this manager who's manner was worse then acid reflux...he did not want to refund my "background/credit" check fee...and he was very condescending.. I promise you I have not had such a bad experience in doing business with someone like that in a while...I would clear away from a HMLs who do not make themselves readily available to lend you money and who charges ambiguous upfront fees. You think?

Very bad experience, I was told that the application fee will be refunded if I am not gong ahead with the loan estimate provided. Definitely not using them again.

After paying over $4k in upfront fees, being very transparent, doing everything requested and sending documents far above and beyond, we were denied last minute and referred to their lawyer for and follow up questions. Still no solid explanation as to why.

They are impossible to use. After running in circles and jumping through hoops for over a month they just keep coming up more more surprises. My cash to close went from just over $5,000 to over $12,000 during this process. The first jump was because they took the appraisers cost to repair values over mine and the last time it jumped was because they didn’t trust her numbers so they pulled an arbitrary number out of the air but then said they couldn’t finance the difference and I had to have $7000 more in cash. Don’t trust them, they milk you for fees and then pull the rug out from under you!

If you like your deals falling through because of funding, deals taking forever to get funded, being lied to, talked down to, and trying to be sold a second rate training program that you don't need then Cogo Capital is for you. For everyone else, that respects themselves as a professional investor, look anywhere else but here.

Disreputable company. Poor communicators.Projected themselves as a hard money lender but required more paperwork and were slower than any bank.