• Report: #196540
Complaint Review:

Hamilton Mortgage

  • Submitted: Thu, June 15, 2006
  • Updated: Thu, June 15, 2006

  • Reported By:Lansing Michigan
Hamilton Mortgage
612 W. Lake Lansing East Lansing, Michigan U.S.A.

Hamilton Mortgage ripoff Scammed Elders High Interest Rates and Fees for Individuals that Deserves Lower Fees and Rates East Lansing Michigan

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!

I went over the good faith estimate with a few of my family and friends that were refering eachother to Hamilton Mortgage and found that they were being charged over 2.5% on their Origination Fee ($3,250 on a 130,00 loan) and buying their rate down for 2.5% as well. The elder couples who had better credit were buying their rates down and the interest rates were still high. We are talking about close to $13,000 and if not, even more in closing fees ! A 780 credit score and recieving 9% rates!

Okay, maybe they could of been more educated about refinancing their houses and maybe its their fault for "not understanding!" or maybe like Ameriquest - FEES WERE NEVER EXPLAINED TO THEM & some even said FEES CHANGED AT CLOSING and Hamilton said they were not signing over appraisal and they would have to go through the whole process again, telling people their credit was not good enough (at a 780!), lucky that Hamilton is even helping them, blah, blah, blah!

But, my question is that was Hamilton Mortgage refinancing for customers needs or their own? MOST PEOPLE out there does not understand all these numbers on the good faith est. but I know my mortgage specialist had nothing to hide explaining throughly!

Isn't there a limit to what they can charge on fees and rates in Michigan? Are these people looking to make money on the interest rate too? Is there a place where I can report high fees and rates? Are these closing fees high to keep Hamilton going? SOUNDS LIKE AMERIQUEST to me! Help these people. No one deserves being overly charged especially with good credit scores and mortgage payments. Companies like this scares people like me and you who knows that our house is everything to us. I thank everyone who proceeded on to taking Ameriquest down for this typ of scammed and also recieving income from it!

Lansing, Michigan

This report was posted on Ripoff Report on 06/15/2006 09:47 AM and is a permanent record located here: http://www.ripoffreport.com/reports/hamilton-mortgage/east-lansing-michigan-48823/hamilton-mortgage-ripoff-scammed-elders-high-interest-rates-and-fees-for-individuals-that-196540. 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 Hamilton Mortgage

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?