This topic contains 9 replies, has 1 voice, and was last updated by Anonymous 7 years, 10 months ago.
- April 30, 2011 at 4:35 am #419246
ask to have the fees broken down.
My mortgage includes my escrow account-which includes all my taxes, home owners insurance, etc.
- April 30, 2011 at 4:35 am #419247
i wouldnt deal with anything from a postcard with those fees.
you refinance to save money, not to spend more.
- April 30, 2011 at 4:35 am #419248
Wow, that’s alot. You can do better.
- April 30, 2011 at 4:35 am #419249
The good thing now is that people are reading the small print
- April 30, 2011 at 4:35 am #419250
do not proceed any further!!!
Everyone gets those kinds of postcards, letteres in the mail, phone calls that has a mortgage,
I remember i did when i had a home loan before i sold it
I can’t stand mortgage brokers, when i buy a house again i am going through a bank i ma not dealing with these useless mortgage companies.
the fees are NEVER as high as 15,000 the most it shoudl be is maybe 5,000 including the origination fee, and all other fees.
- April 30, 2011 at 4:35 am #419251
Yikes! How are those fees justified? You must have seen a Good Faith Estimate along the way, did it match? Were all the fees itemized? Something doesn’t sound right. If you want another pair of eyes to review your docs, give me an email. I will have you fax them to me for a look.
- April 30, 2011 at 4:35 am #419252
You can sometimes find loans with no fees. Try Bank of America or Lending Tree. $ 15k is ridiculous. Never refinance for more!
- April 30, 2011 at 4:35 am #419253
Yes it is a scam do not use them. Second you said you have refinanced your home 5 times already!! That sounds like a big waste to me. Look at the money you spend each time you refinance and it adds up very quickly, just the banks way of making money. If you can’t afford the MTG I suggest you sell and get a smaller more affordable house and try to live within your means otherwise it will be a very messy financial future for you.
- April 30, 2011 at 5:05 am #419254
They sent you a teaser advertisement. The important thing is that when you contacted them, it sounds like they disclosed all facts relevant to your specific deal. Many companies do NOT do that.
You should shop around of course.
Christine Bell, CRMS
Senior Loan Officer
P: 866.577.PENN | F: 610.819.1258 |
- May 4, 2011 at 4:59 am #200863
please help me. i really want to keep my house. where can i get a loan, extreemly bad credit!
You must be logged in to reply to this topic.