Fifth Third Bank
Will not honor own appraisal
- 02-01-2010
- 30
Requested a mortgage together and taken care of an evaluation. They declined to recognize the appraisal (by among their authorized appraisers) and stated my house was appreciated at 30% significantly less than the evaluation, as well as in a decreasing marketplace, that will be not carried out by typical house prices in my own region going back 6-9 weeks.
I'm self-employed, and am persuaded they low-balled the evaluation simply because they wont mortgage to some self employed individual. This really is discriminatory, however they got away withit by ditching their particular evaluation. This from the lender that obtained, 408,000, 000 in Tarp resources!
Company: Fifth Third Bank
Country: USA