Mortagage consultant assured us he could get us refinanced with no out of popcket expenses to us besides having to pay for the home appraisal fee. We agreed and paid the $450. He never got back to us so we had to chase him up. He then told us that he could fix us up with a refinanc package if we came up with a downpayment of $9000. His response, when we reminded him what...

• home appraisal fee
• Mortagage consultant
• popcket expenses

The snake operating a Seattle office promised two weeks closing on a refinance if we went with AEM. Five weeks later the refinance is still not closed and the con man is no longer available for contact. This con man promised closing cost under 2800 if we took a slightly larger interest rate. Total lie. Preliminary papers show costs into the 4000 range. In the...

• Time
• Mathematics
• Closing costs

Watch out for this company. I specifically asked the Mortgage Consultant at 10260 Southwest Greenburg Road Portland, OR 97223 to submit my credit information to underwriting so that we could be sure there would not be any problems in getting the refinance completed if the appraisal turned out ok. The home was appraised for $30,000.00 more than what was owed. However, a week later I...

• Real estate
• Mortgage
• Personal finance

My initial contact was to refinance with NO COSTS TO ME. Tim sent me documents showing exhorbitant costs for items I had no clue what they meant. When I complained to him he said they are tax deductible, but even if they are) I made it clear I would refinance with Am. Equ. if there were NO COSTS TO ME & 2) I have very little taxes to pay (PA doesn't tax retirement...

I was told that this process was not going to take long and that they could offer me a rate of 3.6. Also, I was not told that if the process could not take place I would have my money taken from me. In a market such as this, home owners are looking for an a way to keep what they have and not be hoodwinked by a scam artist. I am very upset at this process and feel that I was...

• Real estate
• Confidence trick
• The Table

Jacked me around for 3 months paid for appraisal told no problem getting me done. My loan officer was a complete *** I knew more about the process than he did. Spoke with his manager just blew smoke up my butt.Stay away far away from these crooks and liars. They also kept changing my lien holder before I even closed. Their main answer was Its in underwriting. I was...

• bank statements
• loan officer
• Complete

i HAD BEEN DEALING WITH AMERICAN EQUITY MORTGAGE GIVING THEM ALL KINDS OF INFORMATION ORDERING AN APPRAISAL ETC...WAS SENT AN ESTIMATE OF COST AND RATES EVEN A TRUTH IN LENDING..HA THAT IS A LAUGH...IF YOU HAVE THE MISFORTUNE OF DEALING WITH TIM B. THEN YOU ARE IN TROUBLE...WENT THRU SENDING EVERYTHING TO HIM AND I MEAN EVERYTHING PAID FOR APPRAISAL EVERYTHING WAS ALL GO ....THEN LAST WEEK I DID...

• Credit score
• poor excuse
• human beings

Not truthfull, incompetent, amateur, unproffesional. A chop shop of commissioned children who have no understanding of the legitimate underwriting and mortgage process. All they did was waste my time, regarding a refi, no big deal I will just go to another company. However, my concern is for the first time buyer that will be greatly dissapointed when these people fail to deliver,...

• big deal
• time buyer
• unethical sloppy manner

In Atlanta, GA. I was given all kind of excuses for not having phone calls returned. Told I owed more on my property than the appraisal. However they were going to work out something for me. (Not true.) I told them I will not be doing business with them, not trustworthy. After over a month of dealing with them I called it quits. All of a sudden they are ready to get on...

I was interested in obtaining a mortgage for a 2nd home. American Equity Mortgage/Florida was very poorly responsive. I have an excellent credit rating. all I wanted was to get the process started. 4Calls and still nothing underway. I was told only their rate. I was told to call back in 8 hours. Boss was looking into it. Boss was not prepared then. They would...