Post: Refi mortgage-never happened

Posted by Trusted on 7/10/07

We were solicited by a company that we have been doing
business with for at least 10 years. Promised that they
were going to refinance our home loan. I trusted this
company and beleived what the loan officer told me. This
process went on and on daily I was told the loan would
close tomorrow but tomorrow never came. I was told to paid
them money on my account to get the balance down where the
refi would work. So I took my bill money and paid because
I was told "that this was the only way we could go foward
with the loan and get it closed." They took my money and
never closed the loan. Now my credit is dropped so much
because the house payment did not get paid, so know we are
behind on just about everthing because of this process. Is
there anything that we could do?

Posts on this thread, including this one

Refi mortgage-never happened, 7/10/07, by Trusted.

Re: Refi mortgage-never happened, 12/15/08, by steven.