Usacomplaints.com » Shops, Products, Services » Complaint / Review: Hope Advantage Realty, Countrywide Mortgage - Ripoff Refused to refund earnest money after interest rate was over maximum contracted amount. #88468

Complaint / Review
Hope Advantage Realty, Countrywide Mortgage
Ripoff Refused to refund earnest money after interest rate was over maximum contracted amount

Agent was acting as dual agent for myself and sellers. Sellers refused to fix some major issues with house.

Mortgage company did not lock in interest rate after doing the Good Faith Estimate and Pre-Approval letter. Once the application was submitted the interest rate went from 7.625% to 7.75%. The contract was written for the interest not to exceed 7.7%.

In reviewing the paperwork done by the mortgage company we found the number of years that my husband had been employeed with his employeer was incorrect my 3 years!

We were also asked to pay up front for appraisel cost. After attaining legal advise we were told that should be included in closing costs.



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