M & T Mortgage Co
Unethical Practice
- 04-13-2010
- 15
I'd not a problem with this specific organization so far, apart from an exorbitant rate of interest. We didn't understand that we got a Collateral Line. We believed we'd a fixed mortgage. I've been looking to get this transformed into 15-yr period. They'll not really contemplate for 3 years. Today the issues has started. Our cost arrives about the 14th. Just like any fixed mortgage you've a grace period. Not with M & T Collateral point.in case your cost arrives about the 14th, it is needs to be thereby close of declaration. If it comes following the day. It is put on next cost due, which will make you additional transaction overdue. Fundamentally they need 2 cost backtoback
Case: March cost due on 14th. Record ends about the 19th. Cost comes about the 20th. Cost put on April 14th cost. Should you delay to pay for May's cost, by the 14th your Goal payment is 30, or 31 days late. This depends upon month. This can be a crock of garbage! Today they record one to credit agency for thirty days late.
Oh! Allows not overlook the harassing telephone calls begin. I say mess all of the banks! Yet another lender attempting to make the most of people's catastrophe within this damaged economy
Anthony doctor.
Company: M & T Mortgage Co
Country: USA
State: New York
City: Buffalo
Site: mandtbank.com