First time home owner, self-employed, not the best credit. Went through mortgage company, they steered us to novastar.
Four years later, home more than doubled in value., we get a call from Tiffany Rubino of novastar, telling us to refinance, as we no longer have our business we will get better rates. First loan 9.990, new loan 7.990.By the time we close rates have changed now loan is 8.800.
Six months later we get another call to refinance at 7.00, and we can take 60,000 out to remodel home. When the closer brought our papers, interest rate was 9.400 and we could only have 19,000 back as we had liens on our house.
When we looked up our public record there were no liens on the prperty and we our now out 40,000. Is there anything we can do other than hire an attorney.
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