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Report: #430298

Complaint Review: Ocwen Loan - Orlando Florida

  • Submitted:
  • Updated:
  • Reported By: Sacramento California
  • Author Confirmed What's this?
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  • Ocwen Loan Orlando, Florida U.S.A.

Ocwen Loan Ocwen Loan Servicing Company only cares about getting their money!!! Orlando Florida

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I purchased my first home back in 2005. I saved up a reasonable down payment as this is my first home. I have never been late on my payments until my interest rate adjusted. Initially I was planning on refinancing my interest rate since it was only fixed for 3 years. But when it was time to refinance, i was not able to find any bank that would let me refinance. I contacted Ocwen for help and to see if any programs were available. Everyone in their company was rude and kept threatening me that if I don't my mortgage I would be foreclosed. My interest rate was 6.5% and jumped as high as 12.5%. I could not make this new payment. They would not even take any partial payments, only full amount. I was already 3 months behind.

I researched the web and found a few companies that claimed they could help. My cousin in Wisconsin suggested I go with a company called HomeSaverProgram.org since the company had already helped them. HomeSaverProgram.org was able to renegotiate my mortgage into a fixed 4.875% and nearly cutting half my mortgage. This was so nerve racking. I was so scared that I was going to lose my home. I had no where to go.

Lmendoza
Sacramento, California
U.S.A.

This report was posted on Ripoff Report on 03/03/2009 11:24 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ocwen-loan/orlando-florida/ocwen-loan-ocwen-loan-servicing-company-only-cares-about-getting-their-money-orlando-fl-430298. 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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