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Report: #296147

Complaint Review: First Franklin Loan Services - Nationwide

  • Submitted:
  • Updated:
  • Reported By: shelton Washington
  • Author Confirmed What's this?
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  • First Franklin Loan Services P.O.Box 1838 Pittsburgh PA 15230-1838 Nationwide U.S.A.

First Franklin Loan Services Preadatory, interest only, high interest, inflated appraisal rip-off loan. Pittsburgh PA

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Yeah, its all around the U.S. now, the spoiled American Dream.We applied for an thirty year fixed rate, but at closing!! We have an Loan with First Franklin, it is preadatory, intrest only 5 years, Arm in two, inflated apprasial, paid outside of closing costs. We have fallen behind on our mortage, we want to keep our home, but they are so difficult to work with, they send modification papers but the hidden charge of over 750.00 is more than we can pay, and by the way Now they want to do an debt to income ratio?????? My spouse is a disabled VET, who has paid them over 30,000 in cash, with the thought of losing our home, we are seeking damages, I sure hope, more and more folks, who are in these situations will come forward and stop these preadators from not only stripping equity, but stealing ones ablitiy to live the Ameircan Dream and especiallay for those who make that dream possible like my spouse, So lets get our dream back!!!!!We are also in the process of the State Attorney Generals Office for consumer protectioin and fraud.

Steve
shelton, Washington
U.S.A.

This report was posted on Ripoff Report on 01/01/2008 05:39 PM and is a permanent record located here: https://www.ripoffreport.com/reports/first-franklin-loan-services/nationwide/first-franklin-loan-services-preadatory-interest-only-high-interest-inflated-appraisal-296147. 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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