Complaint Review: AimLoan.com

Aimloan will entice you with low rates, but when it comes close to closing, they will add additional fees.  I told my husband that I felt like I had another part-time job faxing all the forms to them that they wanted.  They are on another time zone, so I would get an email at 8 or 9 p.m. with another form that they needed.  I would fax that the next day and then wouldn't hear back until 8 or 9 the next evening.  Everything was approved and then we had the appraisal.  We had just done a renovation and I had a respected agent from Soetheby's give me a valuation.  I even went $100,000 under that when I listed my home value.  The appraiser asked what I thought my home should appraise for.  He then came in over $30,000 under that figure.  I can understand the conservative approach in these economic times.  This brought us from 54% loan to value to 64%.  My problem is with the additional fees that they wanted to charge us for this.  They gave the option of paying $21,000 down at closing or paying an additional $3750 in closing costs.  We have excellent credit and even have several rental properties that are completely paid off.  I wish I had done my due diligence when researching companies.  I have wasted my valuable time and money.  I hope this helps someone not make the same mistake as me.