NOTICE! Those consumers located in the European Union, effective 5/24/2018 due to the GDPR, citizens of any GDPR applicable country or anyone sitting in, or operating from, such country are prohibited from using this site. Read our Terms of Service to learn more. By using our site you understand and agree to these terms. Don't blame us... blame Europe! This site uses cookies to store information on your computer which may track your browsing behavior on our site and provide you with ads or other offers that may be relevant to you. Some are essential to make our site work; others help us improve the user experience. Read our Privacy Policy to learn more.

Report: #338389

Complaint Review: Countrywide Home Loans - Simi Valley California

  • Submitted: Mon, June 09, 2008
  • Updated: Mon, June 09, 2008
  • Reported By: The Woodlands Texas
  • Countrywide Home Loans
    1800 Tapo Canyon Road
    Simi Valley, California

Countrywide Home Loans Workout loan to help me lower my payments and prevent foreclosure adds $20,000 to my original mortgage. Simi Valley California

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

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..
In April of 2005 we purchased our home in Conroe Texas for approx $198,000. We had two mortgages, our first was for $166,000 and the second was approx, $29,000. Both mortgages were with New Century Mortgage in CA. In Oct of 2005 my loan was sold to Countrywide in Simi Valley, CA. Thre amount of the loan was approx. $165,000. After Hurricane Rita, being diagnosed with Cancer and a few other major setbacks in our family we missed sever payments in 2006. We asked for a hardship workout loan modification and not only did our mortgage go up over $20,000, but instead of our monthly payment going down to be more affordable to live each month it went up. Are they allowed to add $20,000 to your principal of your loan. I have a fixed 30 year morgage. I feel like I am being ripped off and would appreciate some help.

Thank you
Conroe, Texas.

The Woodlands, Texas

This report was posted on Ripoff Report on 06/09/2008 08:07 AM and is a permanent record located here: 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

Search for additional reports

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

Report & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!