Countrywide Home Loans is the self-proclaimed #1 home loan provider in America. Millions of Americans use Countrywide as their mortgage provider and as expected with any large company there are both happy and unhappy customers. Unhappy customers are usually more vocal than the happy ones, so take their feedback with a grain of salt.
Mortgage brokers who deal with Countrywide have also had both positive and negative encounters but there is a reason this company has grown as large as it is: they try to do things the right way.
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- JOANN T MILLER: THIS IS IN REGARD TO THE BAD PRACTICES OF COUNTRYWIDE MORTGAGE COMPANY// I HAD A LOAN WITH...
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JOANN T MILLER
March 9th, 2008 at 3:48 pm
1THIS IS IN REGARD TO THE BAD PRACTICES OF COUNTRYWIDE MORTGAGE COMPANY// I HAD A LOAN WITH COUNTRYWIDE WITH A PRETTY HIGH INTERST RATE AND TRIED TO REFINANCE WITH THEM I WAS IN GOOD STANDING/ NEVER EVEN HAD A LATE PAYMENT/ THEY DENIED THE REFINANCE/ I THEN WAS ABLE TO REFINANCE WITH A BROKER TO A 30YEAR FIXED FHA AT AROUND 6 1/4 PERCENT/ BUT THIS COST ME OVER 5000.00 DOLLARS IN A PREPAYMENT PENALITY TO COUNTRYWIDE FOR THE REFINANCE / THE DAY AFTER CLOSING I GOT A NOTICE THAT COUNTRYWIDE BOUGHT THE LOWERE INTERST LOAN AND WOULD BE MY MORTGAGE COMPANY/ // SO IN ESSENCE THEY DENIED ME A LOWER RATE BUT BOUGHT MY LOWER RATE WITH A COST TO ME OF 5000.00 DOLLARS IN ONE DAYS TIME// HERE THEY WERE MY MORTGAGE COMPANY AND STILL ARE AND THEY JUST STOLE MY 5000.00 DOLLARS AND NOW MY HOME IS IN NEGATIVE EQUITY TO BOOOT/ THATS WHY COUNTRYWIDE IS HAVING THE CONSUMER IN SO MUCH TROUBLE THEY ARE SNEAKY AND DISHONEST AND CAUSE PEOPLE MANY HARDSHIPS…
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