Regions Bank
Unethical and Miss Rep in Mortgage Application
- 03-30-2012
- 16
This Places Bank is one which is utilizing dishonest and perhaps individual problems to recrut probable customers for them and provide them the run-around, simply to change them along.in December we were informed we're able to obtain a home through this lender, that people qualified to get a mortgage of 130000 and also to proceed look for a house. We got having a agent and also the mortgage individual from Areas delivered her a notice declaring what we were certified for and provided the proceed. Lastly on March 1 we'd a recognized agreement and about the fifth the bank got her first backup through fax. About the 6th our agent delivered her another backup through mail. Subsequently about the 13 the bank required copies of areas of the agreement again and stated she couldn't discover her copies! We got copies of files from her this same time for you to approach to underwriting. About the 20th we eventually got a HUD! After which about the 23rd she advised us the bundle simply visited underwriting and we'd require a final day extension. About the 26 of March, she informed us that people hadn't actually been authorized for that mortgage however and really should not need completed the agreement!!! Today its the 30th and shes showing people we're not authorized and CAn't be authorized till JULY!! There advertisment is they are able to perhaps you have certified in half an hour! We now have the vendors upset around as well as their agent, our landlord and everyone concerned which mtg individual don't actually contact our realtor to inform her what else can be achieved or that people didnt qualify! The way in which I view it, if Areas can't manage a mortgage problem just how can they manage bank balances? This Areas wants critical analysis. My very own mom utilized aswell and was informed she qualified to get a mortgage so when she went in having a smaller quantity was informed she didnt actually be eligible for that which social protection isn't deemed trusted regular revenue! Never again!
Company: Regions Bank
Country: USA
State: Mississippi
City: Batesville