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Established Contributor
myhearts07
Posts: 858
Registered: ‎06-26-2007
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RCLA- Residential Loan Centers of America

Anyone ever heard of this company?  Anyone done business with them before?\
 
Eve
Senior Contributor
Noah_Bodie
Posts: 4,635
Registered: ‎03-11-2007
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Re: RCLA- Residential Loan Centers of America

3 listings under that name are on BBB. 2 appear to be the same company.
 
Records vary, but none are unsatisfactory.
 
Gut feel tells me they are a CFC--consumer finance company. As such, the TL carries some inherent adverse connotation. But again, not sure and don't know. Just a gut feel that they are a CFC.
Moderator Emeritus
fused
Posts: 16,373
Registered: ‎03-12-2007
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Re: RCLA- Residential Loan Centers of America



myhearts07 wrote:
Anyone ever heard of this company?  Anyone done business with them before?\
 
Eve


RLCA is a full service, direct residential lender to consumers. They specialize in FHA, conforming and jumbo home purchasing and home refinancing . I too have never done business with them but they apparently underwrite prime and sub-prime mortgages. 
Credit Profile -
FICO 08 Scores (11-08-2014): EQ 818, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1


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