New Century Mortgage
Predatory lending practice to first time mortgage customers Ripoff

We were first time mortgagees, and did not even know the difference in fixed and adjustable mortgages when we borrowed from New Century. We asked pertinent questions of the closer, and due to our lack of knowledge, were misled completely.

Our interest went up so sharply, increasing our payments, compounded by the fact that they denied us when we asked for qualification to help save our home by utilizing their in-house help, we were forced to enter into Chapter 13 Bankruptcy. We have just learned they folded earlier this year due to the number of bad loans they granted.

Company: New Century Mortgage
Country: USA
State: Texas
City: McKinney
Phone: 8884770193

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