Cindy
Lincoln,#2Consumer Comment
Thu, June 10, 2004
I only wish to say that as a consumer it is my duty to read all print, including the small and hard to find. But tell me how I do that on documents not included in my loan papers and later found to have a forged signature on them!
D.
Birmingham,#3UPDATE EX-employee responds
Mon, November 24, 2003
Nobody just slaps a prepayment penalty on you with out it being disclosed. you should have read your Note and Truth in Lending papers, as well as about 3 other documents in your loan package that mentioned this and how much it will cost if you decide to pre-pay. Shame on you for not reading these papers, as they pertain to the most expensive thing you will most likely ever own. How is it that some people will drive 5 miles out of their way for cheaper gas prices or groceries, but not read the financial papers of their refi loan? Furthermore, now that you are faced with paying the PPP, does it still make financial sense to move forward with your refinance loan? People should only refinance if they plan on being in the house, or their loan, long enough to recoop the closing costs that will be charged.