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AMERICAN LOAN CENTER I've been conned. I didn't think I would get ripped off, but I fell for a scam. Tustin, California
Albert Brennan - Legal Dept. AMERICAN LOAN CENTER offered me a pre-approved loan modification on my mortgage. Federal grants were to cover $2,695.00 of the cost through "Home Saver" and my portion was $2,600.00.
I didn't have the money to pay but they were willing to take installments of post dated checks.
He sounded professional and knowledgeable. I was given a loan disclosure and agreement for a lower interest rate and a principal reduction with the estimated first monthly payment due February 8th 2013.
Everything seemed legitimate, the government is helping those with mortgage loans that are underwater.
I was to get all of the final paper work from my lender via FedX. It never happened. While I was supposed to be on my grace period I went into default. They cashed two checks that I made out to AMERICAN LOAN CENTER at Bank of America.
They stop answering my calls and returning my messages (phone # 800-685-7541 x518). The web page is americanloancntr.com. By the time my new first payment was supposed to be due, the lender was foreclosing. I've been conned. I didn't think I would get ripped off, but I fell for a scam.