I am a disabled Vietnam Vet who took out a mortgage with Ameriquest in January. The loan was prepared at the Wilkes-Barre, Pa. Office The loan person said that after two years come back and we will refi your loan at a lower rate. However, the original appraisal on my house was for $73000. When they ...
Oh My Goodness!!! I have just read some of the other reports on this site and I am experiencing the exact same thing. I was also told I could refinance my house after taking an ARM loan, even after I informed them that I wanted a fixed. They made the payments for a fixed loan so high that there was ...
I too have a mortgage with Amaeriquest Mortgage AKA AMC Mortgage Services. A loan I could never afford! I am self employeed and due to a bad divorce I was broke. I rented a condo with a lease option to buy. After five years my landlords told me I needed to do something because they needed to sell. ...
First of all, I did not know the mortgage I was quoted was an ARM. When I found out, the rep told me no problem, in two years, before the rate increased, I could "streamline" the mortgage and the closing costs would be reasonable. However, when I called to streamline the mortgage (verbage ...
Frank Delatorre painted a very pretty picture that it would be no problem obtaining re-financing for my home. He was certain that our home would appraise at a much higher value. (Although, with our first conversation I explained what the houses in our area were selling for). When the appraisal came ...
Okay, here goes. I have been reading these reports for the last two weeks and I am so upset after the phone call I received yesterday that I think it's time I add my two cents. We refinanced with Ameriquest in April and believed EVERY WORD the loan officer, Richard Hagan, told us. I know, that was ...