We applied for a mortgage loan at Nations Choice Mortgage. We paid $500.00 for an appraisal. When another lender offered us a lower interest rate, we decided to withdraw our application. Mortgage companies will release an appraisal if you decide to withdraw your application. However, Nations Choice chose to be vengeful and chose not release the appraisal, forcing us to pay for another appraisal. They are also threatening to bill us for the title search. We were informed by our new Lender that we are not responsible for any expenses incurred if we do not close a loan with a lender.
There is only one reason why Nations Choice Mortgage is not cooperating with us. They are taking revenge against us for deciding not to use them to obtain a loan. The agent, Greg Townsend is mad because he lost his comission.
This is not the way to spread good will. Even though we did not go with Nations Choice Mortgage we would have still referred customers to them. They were courteous and helpful up to the point we withdrew our application. When things did not go their way, their "true colors" came out.
Now, I would not recommend anyone to do business with them.
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