I am disabled and was led to believe by homecomings financial when refinancing my loan that I was getting a 30 yr fixed rate. Well first loan was through them and it was a 2 yr arm they had me tricked into signing a 2 yr arm of interest rate up to 14%. Again They charged 6000 more on refiance and also have a prepayment penalty If I would want to refiance or sell the home.
They will not work with me on this situation to save my home and my payment went up 300 a month. This happened in oct 05 and now I cannot make payments and they are foreclosing on my property I was rushed through the closing and now I know why. Please if anyone can give advice to help me to save my home and make them use fair practices by law.
0 comments