My original request for a mortgage refinance was for the property at 8 Nevada Street. I own this property and rent it to my daughter and her family. It is a single family home, four bedrooms, bath, kitchen, living room. It is currently appraised at $235,000. It needed a lot of work on the inside. ...
We were not informed of the prepayment penalty first it was in the loan that wasn't the rate changed as well. We didn't find out about the prepayment penalty until we tried to do a new loan to lower the rate months later. ...
Mortgage companies come and go. First Guarantee Mortgage is here to stay. With the amount of stupid people in the country that continue to do business with them, there is no way they will close there doors. Yes they do hire underachiving employies to sell there high cost mortgages. Yes they do ...
I am an ex employee of the evil first guarantee mortgage. Not only did i personally do many loans and make alot of profit for this company but i did so in a way that i may not be so proud of. See FGM thrives on hiring young uneducated people with whom they use to make the upper level management ...
We had a friend of many years who was, and still is an employee of fgm.in 2004 he suggested we take advantage of the low intrest rates to refinance. This is not something we were actively considering, until he made the suggestion. We felt it was indeed a good time to take advantage of low intrest ...
When I refinanced my home mortgage loan, I was never told about a pre-payment penalty clause that was put into my loan. About six months later when I went to refinance again to get a lower interest rate that is when I was told that I had a 6 year pre-payment penalty. The only way to avoid having to ...