My wife and I chose AMC Ameriquest to help refinance our home, we meet with Torin Beeler, We discussed what we wanted; 40 yr fixed rate plus pulling our $25,000 for debit consloidation and home repair. He told us he could do that with a new program were we would make 3 or 4 payments at $2265. The the payment would drop to $1165. For 40 yrs. My wife and I agreed to this. I asked if this was a 2yr ARM. He said, no. I told him I was leaving for Iraq in 2 days, and that my wife has power of attorney and would sign. I told him to print this contract up. We signed a draft document showing that we agreed to what was told to us. I believe Torin knew my wife wouldn't read the contract, so, Torin Beeler changed the contract to a adjustable rate at 7.9% with a jump to 13.9% for 30 yrs and only giving us $12,000 cash and a check to a lcredit card lender that had already been paid off. I would never agree to this, and if he would of told my wife, she also would not agree. Torin Beeler took advantage of my family. I can not afford this 13.9% rate. We will lose our home of 15 yrs, which we have never missed a payment. Nobody in their right mind would agree to these kind of number.
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