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Report: #993532

Complaint Review: ARGENT MORTGAGE COMPANY, LLC - irvine California

  • Submitted:
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  • Reported By: pam — Virginia beach Virginia United States of America
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  • ARGENT MORTGAGE COMPANY, LLC 3 park plaza irvine, California United States of America

ARGENT MORTGAGE COMPANY, LLC Sold me a high interest loan and aadjustable rate I'm on SSD irvine, California

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I was in my opinion scammed into this loan.  I applied for a $30,000 loan from this company Argent in 2007.  they said they didn't do loans less then 50,000.  I was on ssd of a low check a month and they said I needed a co borrower.  my friend signed or her mother told her to because the co borrower is mentally challenged.  the co borrower got less money they I a month.  total together was $1500 a month and before it was over the company said I could get a $100,000 refinance loan and pay off my bills and make less payments to them at a fixed rate.  the loan total when closed was $120,000 dollars.  I had a adjustable rate and they said it would be fixed at 8.5 % rate.  since then I had to walk away from my home because I couldn't keep it after co borrower moved.  we had to borrower from friends to pay property taxes.  it got to be too much.  I often thought how the company had closing in three days.  now I realized I was scammed right into that loan.  now I'm out of my home and facing lawsuits for the loan.  help

This report was posted on Ripoff Report on 01/08/2013 04:16 PM and is a permanent record located here: https://www.ripoffreport.com/reports/argent-mortgage-company-llc/irvine-california-92614/argent-mortgage-company-llc-sold-me-a-high-interest-loan-and-aadjustable-rate-im-on-ssd-993532. 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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