I am a 71 year old who was a very sick individual at the time of the ripoff.
I applied for a re-finance loan to make sure I could pay my due bills the loan was quoted at 6.5%, loan was completed but in no way did the final loan resemble the promised loan.
Some may think this is My fault, however I was just released from the hospital the day the loan processor came to My house.
He told Me the loan was as agreed and told Me to simply sign where needed and the proceeds would be issued. And to do this quickly He would point out the areas that needed to be signed.
With an oxygen mask on I did as He directed.
When I was well enough to review The 6.5 agreed was at 9.5, the insurance escrow promised did not exist. This rip off replaced a 30 year fixed Fha rate of 8 %, with a 2 year adjustable that could become 15%. God only knows what the rate will become.
Irate at Thier taking advantage of an elderly sick person I have sent numerous letters I received a snarly basically unable to assist me and why did You sign it no matter how hard I tried to explain.
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