Ameriquest Mortgage Company
Ripoff bait and switch lied outright verbally and also on the written documents costing me over $10,000.00

I was looking to refinance my home in order to take out some equity for personal use. I was told I had sufficient equity in my home to do a refinance and to receive $5000.00 back in cash

When it came time for closing the numbers did not match what I was told. And without my consent they had taken it upon themselves to pay certain other creditors in order to lower my debt to income ratio. Also at that time I noticed that the cash back to borrower read $135.00 SO I asked to speak to the branch manager. He came in and told me not to worry they had only written the deal this way in order to get it approved but that once all was said and done they did not have to pay those other creditors and that the cash out would come from there. Furthermore he assured me this was perfectly legal and commonly done, And all I had to do was sign the documents and it would all work out. So I signed the paperwork. The $5000.00 cash out never came. And I was left with a higher monthly mortgage. Since then they have refused to return the money or to set the numbers straight the way I was originally told it would be. I am a senior citizen and I feel they took great advantage of the situation in order to close this deal. And I have been ripped off.

Company: Ameriquest Mortgage Company
Country: USA
State: Florida
City: Tampa
Address: 4300 W Cypress St. Suite 750
Phone: 8138019883

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