- Report: #844302
Report - Rebuttal - Arbitrate
Complaint Review: Amerisave Mortagage
Amerisave MortagageOne Capital City Plaza 3350 Peachtree Road 10th Fl Internet United States of America
Amerisave Mortagage Bait & Switch, approved low rate then cancelled loan to switch to higher rate, Internet
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awaited approval at stated rate but was denied. I applied in early February and by the 25th they said they wanted my yet unfiled 2011 Tax returns. They notified me that Loan was cancelled and If I want to get a loan they would await my 2011 tax returns which in the USA is required by April 15, two month hence. This is a tactic to extract more fees and increase the loan rate, as rates are increasing daily. I have excellent credit and make a good income way more than the ratio required for this loan.
This report was posted on Ripoff Report on 02/24/2012 06:35 PM and is a permanent record located here: http://www.ripoffreport.com/r/Amerisave-Mortagage/internet/Amerisave-Mortagage-Bait-Switch-approved-low-rate-then-cancelled-loan-to-switch-to-hig-844302. 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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