• Report: #949155


  • Submitted: Mon, October 01, 2012
  • Updated: Mon, October 01, 2012

  • Reported By: madd — Flin Flon Manitoba Canada
1090 Ave Pratt Montr Montr, Quebec United States of America

BHM FINANCIAL GROUP Mortgage title rip off ... got a high interest loan paid principal only renewal fee was to be 150.00 they added on 3,000.00 for renewal , felt under duress to agree as we did not have money to pay out Montral, Quebec

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Got a loan from BHM financial for 21,600.00 for a mortgage loan ....big mistake!

They charged us ridiculous fees of 1600 legal plus plus plus of the top of the loan.

We then were told it is an interest only payment we were paying and when asked if you have to renew the loan, was told a 150.00 fee would be charged. The time came that we thought we could pay the loan off but could not , they then tacked on a $3,000.00 renewal fee!! our payments were 504.00 a month to which increased to 574.00 ... with no further communication they continued to take the month fee , and added $3,000.00 yearly. We are now in the position where our bank will pay out these crooks , but now the banks legal department can only find a title on some Boruch Oberlander and not BHM financial!!!! so they cannot pay out the mortgage unless they pay it to this person!! What happens next ... i'll keep you all posted!!

This report was posted on Ripoff Report on 10/01/2012 12:15 PM and is a permanent record located here: http://www.ripoffreport.com/r/BHM-FINANCIAL-GROUP/-Montr-Quebec-H2V2V5/BHM-FINANCIAL-GROUP-Mortgage-title-rip-off-got-a-high-interest-loan-paid-principal-on-949155. 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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