Complaint Review: Nationstar Mortgage - Coppell tx
Nationstar Mortgage Mr Cooper mortgage Knowingly wrote a loan that i could never repay Coppell tx
*Author of original report: wrong wrong wrong
*Consumer Comment: You're in a Bad Spot Thomas
*Author of original report: I was wrong
*Consumer Comment: Contact a Realtor
*Consumer Comment: In Other Words...
Several years ago nationstar refinanced My home loan. It was written in the contract that a balloon payment would be due in several years, of $48,000 I don't have the money to pay the balloon payment and they said my home isn't even worth the loan amount, so they are going to take the house. My wife and myself do not remember there being a balloon payment mentioned. I didn't even know what a balloon payment was until they told me. They will not refinance or rewrite the loan. I paid $29,000 for the house over 30 years ago. I have never made a second loan on the house or never had a equity loan yet now i owe $48,000 My wife and myself were both on disability at the time and nationstar new when they included the balloon payment in the new loan we would never be able to come up with the $48,000 in several years. I am 69 and my wife is 68 years old. Is there anything i can do? Thank you Tom and Cathie Koback. God Bless America.
This report was posted on Ripoff Report on 08/16/2018 09:51 AM and is a permanent record located here: https://www.ripoffreport.com/reports/nationstar-mortgage/coppell-tx-75019/nationstar-mortgage-mr-cooper-mortgage-knowingly-wrote-a-loan-that-i-could-never-repay-c-1456900. 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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