ED Magedson – Founder
First state bank38105 Mound Rd Sterling Heights, Michigan USA
First state bank Bad mortgage policy Sterling Heights Michigan
I am recently involve in a mortgage with FSB and it is a terrible experience. I am buying a HUD home and due to the banks neglagence I am on my fourth extension and the second appraisal. All this money is comming out of my pocket with no help from the bank. In the E-mails that are going back and forth it seems that the bank has no clue on the HUD processes. I am really close to losing my house due to relying on the bank to get this closed and I will be out about $1500 when all said and done. It is clear they do not know what they are doing in this matter and I would not recommend this bank to anyone for anything. They clearly do not care about the customer.
This report was posted on Ripoff Report on 10/12/2013 08:14 AM and is a permanent record located here: http://www.ripoffreport.com/r/First-state-bank/Sterling-Heights-Michigan-48310/First-state-bank-Bad-mortgage-policy-Sterling-Heights-Michigan-1091444. 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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