Al
VINELAND,#2Author of original report
Sat, November 25, 2006
THE RESPONDER IS AN UNDERCOVER EMPLOYEE FOR CASTLE POINT MORTGAGE. BUT ANYWAY, IF YOU ARE SO CONFIDENT ABOUT CASTLE POINT MORTGAGE, THEN YOU USE THEM. FOR ALL OTHERS! BEWARE, OR I'LL SAY, "I TOLD YOU SO"
Derrick
Owings Mills,#3Consumer Suggestion
Sat, November 25, 2006
More than likely, what happened to this guy was that he was pre-approved under the assumption that he was being upfront and honest about all of the information he provided. What he apparently was unaware of is that mortgage companies are actually required to verify all of the information given and can't take a prospective borrower's word for it! Big surprise. You see this all too often when people are under the impression that their situation is better than what it really is. It's that age old thing of thinking you can get something for nothing and usually it leaves a bad taste in the person mouth. I obviously don't know the particulars as to whether or not this person was actually alerted as to any changes along the way but I'd be willing to bet you that he was. I worked in the industry for 15 years for some major powers and this is usually the case when someone says this about a direct lender, which is what Castle Point is, and nowhere near being a broker. Sorry buddy but eventually we all have to wise up and accept our situations for what they are and take the necessary steps to correct them