Complaint Review: MGC Mortgage, Inc. - Plano Texas
- MGC Mortgage, Inc. 7195 Dallas Parkway Plano, Texas U.S.A.
- Phone: 866-544-9820
- Web:
- Category: Mortgage Companies
MGC Mortgage, Inc. Deceptive & Untrustworthy Mortgage Company Plano Texas
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The company doesn't appear to be ligitimite. My loan was transferred to them from Homecomings Financial on 07/01/08. They failed to send me the RESPA letter until 07/28/08 indicating they had acquired my loan. The notice stated that I should pay the original amount that I was paying the previous mortgage company. To this date, they have not sent me a monthly statement. I have e-mailed them, phoned them numerous times and they have not responded. I even phoned Homecomings to inquire about this transfer and they informed me that they no longer handle my account and should continue to try to reach MGC. I believe this is fraud and I may end up losing my home. There is no information online to view your account and they want send you anything in writing regarding the status of your account, not even a payment notice. What kind of company is this. Homeowners will lose their homes if they are not stopped. I need guidance on what can be done. I don't want to default on my loan. This is ridiculous!!
Lavern
Houston, Texas
U.S.A.
This report was posted on Ripoff Report on 08/31/2008 08:07 AM and is a permanent record located here: https://www.ripoffreport.com/reports/mgc-mortgage-inc/plano-texas-75024-3601/mgc-mortgage-inc-deceptive-untrustworthy-mortgage-company-plano-texas-368545. 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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