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  • Report:  #1012022

Complaint Review: AMERICAN LOAN CENTER - Tustin California

Reported By:
Johnny - Parrottsville, Tennessee, United States of America
Submitted:
Updated:

AMERICAN LOAN CENTER
14311 Newport Ave suite 553 Tustin, 92780 California, United States of America
Phone:
800-685-7541
Web:
Tell us has your experience with this business or person been good? What's this?
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.


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