Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Refinance Ripoff-what can I do?

Posted on: 18th Feb, 2009 11:00 am
I live in Tennessee. I recently refinanced my home, I was supposed to get a total of approximately $3200 back at closing. I have so far (2 months later) recieved a total of $2200 and have been able to find $383 of the remaining $1000, but no one seems to know where the last $600+ is (the mtg broker refuses to return my calls or help at all - this after charging me nearly $10k in fees and they were the ones who did the initial financing!). This is the second time they have been less than honest with me then refused to communicate.
I would like to know if I have any legal recourse in this situation - I don't want anyone else to get ripped off by these people. At this point it is not about the money it's a matter of principal.
Call an attorney. You will have to spend some money....possibly the $600 you are looking for.
Posted on: 18th Feb, 2009 05:27 pm
Hi kewlbloos,

You should immediately consult an attorney and let him deal with the lender on your behalf. I think you will also be able to sue the lender if he refuses to give you $600.

Thanks
Posted on: 18th Feb, 2009 11:23 pm
Page loaded in 0.102 seconds.