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Report: #219370

Complaint Review: Ameriquest Mortgage - Santa Ana California

  • Submitted:
  • Updated:
  • Reported By: memphis Tennessee
  • Author Confirmed What's this?
  • Why?
  • Ameriquest Mortgage P.o. Box 11000 Santa Ana, California U.S.A.

Ameriquest Mortgage should be FIXED RATE end up being a ADJUSTABLE rate ripoff Santa Ana California

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2 years ago we refinanced our home, and we were very clear on making sure it was a fixed interest rate, even at closing we asked about the fixed interest rate for 30 years etc. So here it is, we got a letter from ameriquest stating starting next month our interest rate will increase and our house notes will increase and that it will increase every 6 months.

We tried calling and all they can say is that we knew about it. I asked the lady why would I go from a fixed rate which was the original rate, to a adjustable rate. So I tried to refinance.

They tell us that they (ameriaquest) has us in a bad loan where no one will touch it, they over priced our property, so we are having trouble finding someone to help us. Can you? Can anybody?

We would to be part of a lawsuit if there is one out there.

Robin
memphis, Tennessee
U.S.A.

This report was posted on Ripoff Report on 11/06/2006 07:19 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ameriquest-mortgage/santa-ana-california-92711-1000/ameriquest-mortgage-should-be-fixed-rate-end-up-being-a-adjustable-rate-ripoff-santa-ana-c-219370. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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