Usacomplaints.com » Business & Finance » Complaint / Review: First Franklin Loan Services - I asked for an option arm mortgage due to injury, I ended up with a 30 yr mortgage and an interest rate of 9.5. #261969

Complaint / Review
First Franklin Loan Services
I asked for an option arm mortgage due to injury, I ended up with a 30 yr mortgage and an interest rate of 9.5

I was injured and unable to work, i asked for an option arm program and was assured I would get one. I have kept all the emails the contact person sent to me and he stated they had to show the maximum amount but I would only be paying the minimum. Liar Liar. They collect all the interest up front and next to nothing on the principal. So far I have paid them $16,724 in interest and $357.58 on principal. What a rip off.

Lawguru1
silver spring, Maryland
U.S.A.


Offender: First Franklin Loan Services

Country: USA   State: Pennsylvania   City: Pittsburgh
Address: Po Box1838
Phone: 8003466437

Category: Business & Finance

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