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  • Report: #1015536

Complaint Review: American Home mortgage

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  • Submitted: Sat, February 16, 2013
  • Updated: Thu, February 21, 2013

  • Reported By: desiree lyons — myrtle beach South Carolina United States of America
American Home mortgage
po box 619063 dallas, Texas United States of America

American Home mortgage I applied for a loan modification last year after being denied a refi at a lower rate because my home is worth much less then I owe. Amish said it would take 3 months. dallas Texas

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I applied for a loan modification thru American Home mortgage last year after being denied a refi with another bank at a lower rate because my home is worth much less then I owed on it . American home mortgage said it would take up to 90 days.They did nothing but stall and sell the loan to Homeward Residential so I started the whole process over with Homeward It is now February 2013 and I was just notified today my loan was transferred to Ocwen I am extremely frustrated. Should I even bother or just let the property go? The rate is 7.50 % on 310,000 the house is only worth 250,000 any advise . Desiree S.C.


This report was posted on Ripoff Report on 02/16/2013 07:45 PM and is a permanent record located here: http://www.ripoffreport.com/r/-American-Home-mortgage/dallas-Texas-75261/American-Home-mortgage-I-applied-for-a-loan-modification-last-year-after-being-denied-a-1015536. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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AUTHOR: Inspector - (USA)

Is this home up for foreclosure?  Are you applying for these loans because you can no longer afford the mortgage payments?  Or are you looking for a bail out because you don't want the home at it's present value?
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