• Report: #422314
Complaint Review:

CountryWide Lending

  • Submitted: Tue, February 10, 2009
  • Updated: Tue, February 10, 2009

  • Reported By:hendersonville Tennessee
CountryWide Lending
Indian Lake Blvd Hendersonville, Tennessee U.S.A.

CountryWide Lending Forced to pay appraisal when they refused the loan 10 min before closing Hendersonville Tennessee

REBUTTAL BOX™ | Respond to this Report! | Consumer Comment

What's this?
Corporate Advocacy Program

Show customers why they should trust your business over your competitors...

What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

Set the record straight:
Arbitration Program

SEO Reputation Management at its best!

We were approved fast & easy through Countrywide. (30% down)
They told me we could do 10% down if we went conventional so we did. 30 days went by. They ordered an appraisal got my credit card it came back very low but well above contract price. The seller had 5 people to sign in 5 cities and on the day of closing (the day the contract RAN OUT) Countrywide refused us the loan. At 2pm that day we were signing letters they required due to self-employment, at 4:45 Jessica called and said they couldn't do the loan.

We did get the loan the next work day but were forced to pay 6.5 instead of 5.3 because Countrywide had checked our credit 4 times in 2 weeks which had lowered our score to 714. We also had to order another appraisal which should be in tomorrow and put down 20% instead of 10%.

I discovered that originally the fast & easy (5.3%) should have been at 10% down so our little tango with countrywide costs us thousands and nearly the deal. I had to promise the seller $1k if it didn't close to extend the contract because of the last minute bs, shop for another lender, pay more down and pay more interest. save your sanity don't deal with them. at the very least they owe me the appraisal fees and a written apology.

hendersonville, Tennessee

This report was posted on Ripoff Report on 02/10/2009 04:46 AM and is a permanent record located here: http://www.ripoffreport.com/reports/countrywide-lending/hendersonville-tennessee-37075/countrywide-lending-forced-to-pay-appraisal-when-they-refused-the-loan-10-min-before-closi-422314. 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

Click Here to read other Ripoff Reports on CountryWide Lending

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?