Table of Content
Under the flat-rate plan, we pass these fees on to your account without markup. I am always glad to hear that folks with less-than-perfect credit can purchase a home with little money down and take advantage of such an excellent investment. Show customers why they should trust your business over your competitors... PACER charges $0.10 per page with a 30 page (or $3.00) cap for all documents, except transcripts which have no cap. For example, a five page document is $0.50 and a 50 page document is $3.00.
I am interested, Steven, to find out why this particular complaint is important to you. I work for the company whose name is being dragged through the mud on this complaint, so I have a vested interest. By the way, the retail outlet regularly runs in to the same customers as brokers using our programs are working with, because people are shopping at multiple resources. I have never lost a loan to a broker using our loan programs, because maybe you can beat a rate, but by the time you add in your broker's fees our deal is better. I'm not knocking the value of broker shops; I am refinancing my house right now and using a broker, because my particular situation makes it difficult for me to qualify for conventional loans, while at the same time my fico scores are solid A-paper. My entire point is that in the situation of the complaint that was made initially, any and all of the fault falls on the broker who put the loan together OR the borrower for not shopping to find the best deal.
Party Search
I can go into more detail if you are really interest and can show you how you could save more money in the future. I left the company in 2004 and went to work for a broker who is approved with 175 lenders nationwide that will give me the chance to REALLY offer my client with the best loan programs and rates avaliable out there. However, our rates don't usually fluctuate on a daily basis as some companies rates do. My suggestion is that if an HFD employee changed terms that much on you, report them to senior management. I have seen two employees fired on the spot for the first offense for doing anything close to that.
Search millions of cases and get court filings, fast docket alerts, and case analytics. Instead of searching by keyword, search by motion type and outcome. After you perform this search, you can filter the results using keywords. Your recipients will receive an email with this envelope shortly and will be able to access it on trellis. You can always see your envelopes by clicking the Inbox on the top right hand corner.
How to Avoid High Interest Rates
You'll see that 22 years from now 90% of your payment goes to principal and 10% to interest. I have been in this industry for 18 years and have worked for direct lenders and brokers. Just like every other industry there are good and bad people. I just wanted to chime in on this little discussion on Accredited Home/Home Funds Direct.
Click Here to read other Ripoff Reports on Accredited Home Lenders Inc. There are reasons why an author may 'not confirm' an email account. The primary reason is because they want to stay completely anonymous, they do not want to risk any reprisal. Or they could be a whistleblower, employee or ex-employee insider who doesn’t want to be discovered. Remember, just because an author has 'not confirmed' their email account does not mean the Ripoff Report they authored is not truthful.
*Consumer Comment: Avoid High Interest Rates
In response to your complaint, whatever broker you went through made his money by charging you more on rate and points than what Accredited would charge you if you used their retail outlet and got the loan directly. Accredited is not responsible for how much brokers charge on top, and bottom line you were responsible for not making sure you were getting the best deal. I have seen a lot of people complain about Accredited Home Lenders and thought I would chime in with my opinion.
By adding my card, I agree to Docket Alarm'spricingand terms of service.
If you are not down graded enough, because you are in pre-foreclosure, they send a company out by the name of CBCInnovis to pull into your driveway, take pictures of the hours and peep through your windows to see if the house is still occupied. And if you pull into the driveway and find them there, they will quickly try to pull out and do major property damage to your car. Or if you come out to protect your property, you will also be in the wrong according to Accredited. Of course the loss mitigation staff will deny that they had anything to do with this because it supposedly comes from an attornies office in Pa although the notice of intent to foreclose comes from Dallas, TX.
I am a mortgage broker in RI and I know that almost without exception my terms offered are better than any wholesale lender. B of A is directly across the street from my office and their rate is always .25 to .375 higher than mine. I do business with your company and have many former co-workers that work there. I know that the terms offered by your retail outfit are worse than I get from your wholesale division.
I also was totally aware that Accredited would sell the servicing to this mortgage almost immediatly and sure enough they did. It is very difficult to provide low rates if the borrower does not bring good credit and often a large down payment to a purchase loan. Many banks can not even offer 100% financing on a purchase as Accredited did in this instance.
A good loan officer leaves room for a lot of things to go wrong and still be able to deliver. When you go rate shopping as most borrowers do, you end up with the biggest liar. When I make a proposal, I tell my customers a higher rate than I think I can actually do, tell them less cash back than I think I can get. In the end, when I deliver better than what I promised I don't get any complaints.
And the worst thing yet, was that I didn't find out about the lies until the night before my closing. I am always sorry to hear if someone is paying a high interest rate on their mortgage loan. Unfortunatley, many folks apply for loans when they have not established their credit history well or when they are hoping to improve their credit situation by purchasing a home or refinancing to consolidate debt. How those businesses take care of those complaints is what separates good businesses from the rest.
No comments:
Post a Comment