First Texas Residential Mortgage preys on First Time and Female Homebuyers. They altered my original application to overqualify me for a loan I could not afford.
They had me sign BLANK Mortgage loan origination agreement, Mortgage Broker / Loan Disclosures.
The phone number on my closing papers is DISCONNECTED.
Mr. Doug Brown was listed as my mortgage broker, someone I have never met.
At the age of 25, making $2500/ month, First Texas used creative accounting practices (ie Mortgage Fraud) to approve me for a loan of $233,905 with $0 down (6.75% and 9.525% interest rates)
I had no idea my payments were going to be $2400 (including HOA Dues) until I received my first payment. If you visit their website, they advertise "It's as easy as applying for a credit card" and that they are owned by homebuilders.
First Texas worked in conjuntion with Wilshire Consulting, Juliet Homes, and Tremont Tower, L.P. To approve me for this loan on new and defective construction in Houston.
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