Complaint Review: Troy Huston - Access Home Finance - Bloomington Minnesota
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
- Author Confirmed
- Troy Huston - Access Home Finance 1120 East 80th St Bloomington, Minnesota U.S.A.
- Phone: 952-253-1500
- Web:
- Category: Mortgage Companies
Troy Huston - Access Home Finance ripoff, doubled fees & raised interest rate at the closing of our purchase Bloomington Minnesota
*REBUTTAL Individual responds: Please state the truthful and complete story.
Show customers why they should trust your business over your competitors...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
Troy Huston is the manager at Access Home Finance in Bloomington, MN. I was purchasing my house through him, being the manager, I thought he ran the office in an appropriate manner... I couldn't have been more wrong.
At the closing on the house we were supposed to be getting mney back to do some small repairs on the house. Troy saw this as a goldmine for him to cash in on this money that we were supposed to receive.
When I was signing through all of the papers, I noticed that Troy had charged us not the 1 percent that he had promised us for his origination fees. He raised it to 2 1/2%. The interest rate was also 1% higher than he had originally told us. He said that rates changed overnight and there was nothing that he could do about it.
So here we stood at the closing of our new house. Our other one was sold, so there was no turning back. Our only choice was to take the house WITHOUT the money to fix it up because that was now going to Troy's personal bank account. And now our monthly payments are over $100 dollars more because the interest rates had "rissen over night!"
When showing this to a friend that was now in the mortgage business, he said that even the rate adjustment was a scam. He raised the rate 1% and received an additional 2% of the loan amount on the back for doing that.
So overall he received about $7,000 to get us a mortgage on a $200,000 house when he said that he would charge us $2,000. He sees that there is only one option for buyers once they come to the closing to get into their new home. This guy is an absolute jerk.
Joe
Minneapolis, Minnesota
U.S.A.
This report was posted on Ripoff Report on 09/28/2005 11:12 AM and is a permanent record located here: https://www.ripoffreport.com/reports/troy-huston-access-home-finance/bloomington-minnesota-55420/troy-huston-access-home-finance-ripoff-doubled-fees-raised-interest-rate-at-the-closi-158674. 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
If you would like to see more Rip-off Reports on this company/individual, search here:
#1 REBUTTAL Individual responds
Please state the truthful and complete story.
AUTHOR: Troy - (U.S.A.)
SUBMITTED: Saturday, July 14, 2007
Lets start with your "friend" (Damien)who was an employee at the time of the transaction shortly before this transaction. He also was employed by a different mortgage company at he the time of this transaction. So you can't use the line that he nor you didnt know what was going on. Your friend owed Access money for back wages and told me to raised the fees because he was going to use the money he made off this transaction to pay back the money owed to the company and knew that you 2 would not get any money back at the closing.
I split any protion of the commision with your friend Damien. Who still has an outstanding balance towards this old employer. Also your friend was at the closing so saying you showed him anything later would be a lie. Your friend also was/is your roommate who could not qualify for this mortgage and had to be taken off the transaction so you two could still buy it.
Getting money back at the closing is illegal and this is the 1st I had heard of this. You had seller paid closing cost and you did not have to bring any money to the closing. The seller paid all your closing cost. Damien knew this and that is why he wanted to raise the fees. Because you would not see any of it and he could pay of his debt to the mortgage company.
"you sold your other house"??? you two where renting a home at the time of the closing. I have the verification of rent in the file.
3.5% (which is 7000 of a 200,000) is more then with-in the state laws and lender quildlines of 5%
7000 never made my account. Access Home Finance made the 7000 and I made a equal % of that and so did Damien.... your freind....
Sorry you fell you were taken advantage of on this transaction. But you should look at your friend as the person of interest in this transaction and then state true and accurate facts to this. But at this point I feel you have slandered my name for no reason.
The Dept of commerence for the state of Minnesota has looked into this transaction and has found that nothing was done wrong. Even with the lies and half truths that have been told you and Damien.
Troy
Advertisers above have met our
strict standards for business conduct.
