Ameriquest
Ripoff, using my escrow without my approval. Santa Ana California
- 01-06-2005
- 12
It seems Ameriquest and Argent Mortgage must sleep together. My loan is titled Argent but in fine print I've discovered Ameriquest in my paperwork. Add Citizen property insurance and some KY because all three of them are bending consumers over and sticking it to us. You receive these notices in the mail from Citizens about wind insurance and it states this is not a bill.
Do not pay. OK, you file it and make your monthly payment. All of a sudden Ameriquest informs me they have used up all my escrow (mis-managed) and need to raise my fixed rate from $1067.40 to $1361.76 a month. $294.36 more to cover $1380 for wind insurance, go figure, I did but can't understand how they can legally rip people off without any prior notice. I'm mad as hell and not going to take it anymore.
Company: Ameriquest
Country: USA
State: Nationwide
Address: P.O. Box11570 Santa Ana, California 92711-1570