• Report: #286186

Complaint Review: Ameriquest (AMC) Torin Beeler

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  • Submitted: Thursday, November 22, 2007
  • Last Posting: Tuesday, November 27, 2007
  • Reported By:san bernardino California
Ameriquest (AMC) Torin Beeler
Ameriquest.com Orange California U.S.A.

Ameriquest (AMC) Torin Beeler Totin Change contract informtion from 40 yr fixed rate to 30 adjustable @ 7.9 then 13.9 in may 2008 took advantage of deployed soldier and family. Orange California


1Author 1Consumer 0Employee/Owner

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My wife and I chose AMC Ameriquest to help refinance our home, we meet with Torin Beeler, We discussed what we wanted; 40 yr fixed rate plus pulling our $25,000 for debit consloidation and home repair. He told us he could do that with a new program were we would make 3 or 4 payments at $2265. the the payment would drop to $1165. for 40 yrs. My wife and I agreed to this. I asked if this was a 2yr ARM. he said, no. I told him I was leaving for Iraq in 2 days, and that my wife has power of attorney and would sign. I told him to print this contract up. we signed a draft document showing that we agreed to what was told to us. I believe Torin knew my wife wouldn't read the contract, so, Torin Beeler changed the contract to a adjustable rate at 7.9% with a jump to 13.9% for 30 yrs and only giving us $12,000 cash and a check to a lcredit card lender that had already been paid off. I would never agree to this, and if he would of told my wife, she also would not agree. Torin Beeler took advantage of my family. I can not afford this 13.9% rate. we will lose our home of 15 yrs, which we have never missed a payment. nobody in their right mind would agree to these kind of number.

Ssgdawson
san bernardino, California
U.S.A.

This report was posted on Ripoff Report on 11/22/2007 11:02:52 PM and is a permanent record located here: http://www.ripoffreport.com/mortgage-companies/ameriquest-amc-torin/ameriquest-amc-torin-beeler-8p2dp.htm.

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#1 Consumer Comment

I posted your story on YouTube so that maybe we can fine you some help.

AUTHOR: Markanna - O'Brien (U.S.A.)

I have been fighting ameriquest also, Since 2004. I posted a copy of your story and a link on my Youtube place, at notu286 on Youtube. Or just youtube Ameriquest Sucks.

Good Luck and BE SAFE IN IRAQ.
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