Amerigroup Mortgage Corp MIC I smelled a RAT!!!! Internet
I had a rep from MIC come to my home after entertaining a telepone call askig if I was interested in lowering my mortgage payments. I thought Mmmm this might not be so bad and I would listen to the presentation. THe rep arrived and went through the entire presentation and was axnious about signing me up on the spot. In the back of my mind I felt it was important to investigate this company to see who legit they were. He felt I should do that but in the mean time sign up now. That was a little crazy for me and I felt this was going to go bad. After he explained to me how my payments would be lowered he did another lending sheet and it showed how the intrest rates would go up and m payment would go up along with it. I am now on a fix rate which is easy for me to pay but after seeing that I was dead set against paying higher mortgage payments in a JUST IN CASE situation. Futhermore, I was not going to take someone's word that I didnt know well. He then proceeded to call his office and the manager there was very pushy to have me sign up right away. When I explained that I need to do reserach on your company things really got out of control. He raised his voice and at that point it was time to end the entire visit. The Mortgage Officer who cam to my home also began to get out of control by wanting to yell and screen. I felt OH NO, not in my house and asked him to leave. THis was the short of what has happened but I feel if you are interested in doing business you should investiagate the company before you sign any paperwork to make sure this company has a good reputation. I smelled a RAT
5 Updates & Rebuttals
former_mortgage_molestor
Austin,Texas,
United States of America
Cliff Milton,, Only interest on what you owe?? Moron
#6UPDATE EX-employee responds
Tue, July 10, 2012
Hey cliff, worked there too, got tired of stiffing vets, by the way dumb a z z, you pay interest only on what you owe on every mortgage unless you have an interest only loan. But hey, MIC wants idiots like you there that don't have a clue and buy the BS bill edwards and his crony managers are pushing.
former_mortgage_molestor
Austin,Texas,
United States of America
KoolAid drinker
#6Consumer Comment
Tue, February 07, 2012
You drank the cool aid from the company. This company does nothing but prey on veterans, try to pressure them into signing up on the spot. Should be ashamed. I worked there son, I know the BS routine, stick with the script, don't run off the road, 1 leggers, blah blah blah blah. The company is a scam and the VA should be ashamed to let them do what they do to vets on their behalf. A shame. It is my opionion the CEO of this snake oil company should be investigated by the highest authorities.
mr rik
miami,Florida,
USA
I smell a rat too!
#6Consumer Comment
Fri, June 10, 2011
What nerve!
STAY AWAY from these SCUMBAGS!
patti
United States of AmericaAm I Reading This Wrong?
#6Consumer Comment
Thu, June 09, 2011
"i do not know what your interest rate is but i am sure you would much rather be only paying interest on what you owe, and not the original amount. wouldn't you?"
Maybe I am not reading this correctly, but with any traditional fixed-rate mortgage you only pay interest on the actual principal balance. That is why which each successive payment, the amount that is applied to interest goes down and the principal portion goes up.
cliff
milton,Florida,
United States of America
a bad day?
#6UPDATE Employee
Thu, June 09, 2011
After reading your article on MIC it is hard to imagine a loan officer for amc yelling and screaming in your home. I have been with the company several years and know quite a few of the loan officers and unless someone was having a really bad day that things could that much out of control. Yes we do ask for an answer yes or no up front, that if you like the program we will do an application. Which by doing the application you would have been left with the information on the program, and the numbers to make an informed decision.
Investigating the company that you might do business with is a great idea, which can be done before we come out to your home, as well as after. i personally will look up a company before i let them into my home.
i do not know what your interest rate is but i am sure you would much rather be only paying interest on what you owe, and not the original amount. wouldn't you?