Michael Kergosien / American Home Free Mortgage TRUSTED BUSINESS REVIEW: Michael Kergosien's executive team is dedicated to 100% customer satisfaction. In terms of service and low cost mortgage loans, Michael Kergosien prides himself on achieving the absolute best service in the industry for his clients.
AMERICAN HOME FREE MORTGAGE & MICHAEL KERGOSIEN HAS RIPPED OFF ALOT OF PEOPLE,BY CHARGING ALOT OF UNNECESSARY MORTGAGE FEE'S THEY WILL TELL THE BORROWER ONE THING AT THE BEGINNING SO WE GO WITH THERE COMPANY THEN RIGHT BEFORE CLOSING OF THE LOAN THEY WILL TACK ON OUTRAGEOUS FEE'S,THEY DID THIS TO ME & MY ELDERLY MOTHER WHO IS IN HER 90'S,I HOPE THE COPS OR FBI PUT A STOP TO THIS,THEY ARE MAKEING ALOT OF $$$ BY RUINING PEOPLE LIVES.SO KEEP POSTING YOUR COMMENTS ABOUT THIS GUY. WE WILL GET YOU MICHAEL KERGOSIEN & AMERICAN HOME FREE MORTGAGE
3 Updates & Rebuttals
B
Bay St. Louis,Mississippi,
If in doubt, check it out
#4General Comment
Fri, June 07, 2013
If in doubt check it out...follow Michaels past through county records here: http://216.60.44.147/TX/Denton/ just search first and last name and follow the information trail. The search is FREE.
Michael
Dallas,Texas,
U.S.A.
Who is this person???
#4REBUTTAL Individual responds
Tue, January 04, 2011
This person didn't identify him or herself. I completely deny this claim. The comment that I rip off "a lot of people" is unsubstantiated - obviously. I wish this person woud identifyhim or herselfand be more specific.
MovingForward
Wellington,Florida,
United States of America
Did you refi or obtain a new mortgage this year?
#4Consumer Comment
Sat, October 23, 2010
I am assuming you are referring to a new mortgage or a refinance this year, 2010. New regulations were passed to stop the lender from doing exactly what you describe (changing rates and terms). There were lots of changes that have gone into effect beginning Jan 1 2010 to protect the borrower from the lender misquoting the fees.
The lender has to notify you in writing when you make application of each and every fee you are going to pay on a Good Faith Estimate (GFE). The lender has a time limit of 3 days to provide that estimate to you from the time you make application. At the closing the fees on the HUD1 (closing statement) have to match the GFE - or if they vary, there is an extremely small amount allowed - or the lender has to pay the difference.
Sounds like your fees differed by a large amount, report the lender RESPA violations here:
United States Department of Housing and Urban Development
Office of RESPA and Interstate Land Sales
451 7th Street, SW, Room 9154
Washington, D.C. 20410
If you feel you may not be able to accurately report the violation, get an attorney that specializes in real estate and RESPA violations to help you. Bring all of your documentation from your application to your closing statement. For more details, search the terms: RESPA and new HUD1 2010
Please note: some lenders are getting away with some of these violations because they do not provide the Good Faith Estimate. They provide something called a Closing Costs Worksheet. When you are obtaining a mortgage, make sure you get the Good Faith Estimate so you have an accurate estimate of your costs and can compare your costs with various lenders.