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Report: #200800

Complaint Review: AMERIQUEST MORTGAGE - GRAND RAPIDS Michigan

  • Submitted:
  • Updated:
  • Reported By: FALMOUTH Michigan
  • Author Confirmed What's this?
  • Why?
  • AMERIQUEST MORTGAGE GRAND RAPIDS, Michigan U.S.A.

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I REFINANCED THROUGH AMERIQUEST BACK IN 2003. THEY CONVINCED ME TO GO WITH A 2 YEAR FIXED MORTGAGE SO I COULD PAY OFF OTHER BILLS AND HAVE LOWER PAYMENT AND THAT WOULD FIX MY CREDIT RATING SO I COULD GET A GOOD RATE WHEN I REFINANCED IN 2 YEARS FOR A 30-YR FIXED.
WELL 2 YEARS WENT BY I CALLED AMERIQUEST TO REFI AND THERES A PROBLEM WHEN THEY DID THE ORIGINAL REFINANCE THEY APPRAISED MY HOME AT 95,000 WELL 2 YEARS LATER THE APPRAISAL COMES IN AT 78000. THEY WILL NOT REFINANCE. NEEDLESS TO SAY MY INTEREST RATE WILL BE 10.75% AS OF 9-1-06. MY PAYMENT HAS GONE FROM 453.00 UP TO OVER 800.00. WHEN INQUIRING ABOUT MY FIRST APPRAISAL I WAS TOLD IT WAS A VERBAL APPRAISAL DONE BY J& J APPRAISAL- JOHN DUNN.

THEY ALSO INFLATED MY INCOME AND SAID I HAD A DIFFERENT JOB THAT I DONT AND NEVER DID HAVE.

ALSO WHEN I REFI THE FIRST TIME I PAID 6000.00 IN CLOSING COSTS AND THE PERSON I DEALT WITH ADVISED IF I REFINANCED WITH THEM IN 2 YEARS MY CLOSING COST WOULD ONLY BE ABOUT 1000.00 WELL WHEN I TRIED TO REFI THEY WERE GOING TO CHARGE ME ABOUT 4000.00.

I'M NOT BEHIND IN PAYMENTS NOR WAS I EVER BUT WHAT AM I GOING TO DO? THEY TOLD ME AS LONG AS I STAY CURRENT MY INTEREST RATE WOULDNT GO UP. I HAVE BEEN ON TIME AND CURRENT? IT GOES UP EVERY 3 MONTHS.

Darlena
FALMOUTH, Michigan
U.S.A.

This report was posted on Ripoff Report on 07/12/2006 10:15 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ameriquest-mortgage/grand-rapids-michigan/amc-ameriquest-screwed-me-ripoff-grand-rapids-michigan-200800. 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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REBUTTALS & REPLIES:
0Author
13Consumer
0Employee/Owner

#13 Author of original report

NO EQUITY

AUTHOR: Darlena - (U.S.A.)

POSTED: Friday, July 21, 2006

KELLY
THERE IS NO EQUITY IN MY HOME. THE NEW APPRAISAL CAME IN AT 78000. THATS HOW MUCH I OWE. THE ORIGINAL APPRAISAL WAS SUPPOSEDLY 108000.

THANKS ANYWAY

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#12 Consumer Comment

Darlena

AUTHOR: Kelly - (U.S.A.)

POSTED: Wednesday, July 19, 2006

How much do you owe on the mortgage? You still may be able to lower your payment depending on the equity you have. I work for a mortgage company in Clinton Township and may be able to help.

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#11 Consumer Comment

WHAT NEXT

AUTHOR: Darlena - (U.S.A.)

POSTED: Monday, July 17, 2006

HI KEN
I BELIEVE I FIGURED OUT WHO YOU ARE AND HAVE RETRIEVED A PHONE NO. WHEN IS A GOOD TIME TO MAKE CONTACT WITH YOU? ITS A HALL THERE ISNT IT?
THANKS
DARLENA

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#10 Consumer Comment

WHAT NEXT

AUTHOR: Darlena - (U.S.A.)

POSTED: Monday, July 17, 2006

HI KEN
I BELIEVE I FIGURED OUT WHO YOU ARE AND HAVE RETRIEVED A PHONE NO. WHEN IS A GOOD TIME TO MAKE CONTACT WITH YOU? ITS A HALL THERE ISNT IT?
THANKS
DARLENA

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#9 Consumer Comment

WHAT NEXT

AUTHOR: Darlena - (U.S.A.)

POSTED: Monday, July 17, 2006

HI KEN
I BELIEVE I FIGURED OUT WHO YOU ARE AND HAVE RETRIEVED A PHONE NO. WHEN IS A GOOD TIME TO MAKE CONTACT WITH YOU? ITS A HALL THERE ISNT IT?
THANKS
DARLENA

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#8 Consumer Comment

WHAT NEXT

AUTHOR: Darlena - (U.S.A.)

POSTED: Monday, July 17, 2006

HI KEN
I BELIEVE I FIGURED OUT WHO YOU ARE AND HAVE RETRIEVED A PHONE NO. WHEN IS A GOOD TIME TO MAKE CONTACT WITH YOU? ITS A HALL THERE ISNT IT?
THANKS
DARLENA

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#7 Consumer Comment

DARLENE

AUTHOR: Kay - (U.S.A.)

POSTED: Monday, July 17, 2006

Hi Darlene, there are 2 holland michigan reports, read both word for word, and you will see how to get this info. Good Luck
Kay

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#6 Consumer Comment

KEN HOW CAN I GET A HOLD OF YOU

AUTHOR: Darlena - (U.S.A.)

POSTED: Monday, July 17, 2006

HI KEN
I HAVE LOOKED THROUGHOUT YOUR COMMENTS AND HAVE NOT BEEN ABLE TO DETERMINE HOW I CAN CONTACT YOU.
I AM LOOKING FOR AN ATTORNEY THAT KNOWS WHATS GOING ON WITH THIS OR IF YOUR ATTORNEYS CAN DIRECT ME TO S0MEONE UP MY WAY CADILLAC/HOUGHTON LAKE/TRAVERSE CITY AREAS.
I LOOK FORWARD TO HEARING FROM YOU. SO FAR I HAVE FILED A COMPLAINT WITH BBB, ATTORNEY GEN OFFICE AND NOW IM WAITING FOR A COPY OF A STATED APPRAISAL I REQUESTED LAST WEEK (THIS IS THE 2ND TIME). I HAVE NOT BEEN ABLE TO FIND A NUMBER FOR THE APPRAISER THAT DID MINE. J AND J APPRAISAL JOHN DUNN. BUT I WAS READING THROUGH THE COMMENTS AND ONE PERSON STATED THAT HE DID THEIR APPRAISAL AND HE IS NOW DECEASED????? IS THERE ANYTHING ELSE I SHOULD BE DOING?

THANK YOU MUCH
DARLENA

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#5 Consumer Suggestion

Read both the holland mi posts!!!

AUTHOR: Ken - (U.S.A.)

POSTED: Friday, July 14, 2006

Read both the holland michigan posts, their is alot of great info in their, and a way to get in contact with me read every word..
Good luck and hope to hear from you soon !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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#4 Consumer Comment

From Mortgage Advocate Dan

AUTHOR: Dan - (U.S.A.)

POSTED: Thursday, July 13, 2006

You should have read my book first which is advertised on the site! You didn't specify what your loan amount is. There are things that can be done but all mortgages deal with the three basics, LTV, Debt Ratio's, and Fico Score. Is your loan amount over and above the value of the property? Maybe I can help.

You can save thousands with this book says the EDitor of Rip-off Report.

MAD (Mortgage Advocate Dan)

Time is Money, and if you don't take the time, they WILL take your money!

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#3 Consumer Comment

From Mortgage Advocate Dan

AUTHOR: Dan - (U.S.A.)

POSTED: Thursday, July 13, 2006

You should have read my book first which is advertised on the site! You didn't specify what your loan amount is. There are things that can be done but all mortgages deal with the three basics, LTV, Debt Ratio's, and Fico Score. Is your loan amount over and above the value of the property? Maybe I can help.

You can save thousands with this book says the EDitor of Rip-off Report.

MAD (Mortgage Advocate Dan)

Time is Money, and if you don't take the time, they WILL take your money!

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#2 Consumer Comment

From Mortgage Advocate Dan

AUTHOR: Dan - (U.S.A.)

POSTED: Thursday, July 13, 2006

You should have read my book first which is advertised on the site! You didn't specify what your loan amount is. There are things that can be done but all mortgages deal with the three basics, LTV, Debt Ratio's, and Fico Score. Is your loan amount over and above the value of the property? Maybe I can help.

You can save thousands with this book says the EDitor of Rip-off Report.

MAD (Mortgage Advocate Dan)

Time is Money, and if you don't take the time, they WILL take your money!

Respond to this report!
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#1 Consumer Comment

From Mortgage Advocate Dan

AUTHOR: Dan - (U.S.A.)

POSTED: Thursday, July 13, 2006

You should have read my book first which is advertised on the site! You didn't specify what your loan amount is. There are things that can be done but all mortgages deal with the three basics, LTV, Debt Ratio's, and Fico Score. Is your loan amount over and above the value of the property? Maybe I can help.

You can save thousands with this book says the EDitor of Rip-off Report.

MAD (Mortgage Advocate Dan)

Time is Money, and if you don't take the time, they WILL take your money!

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