- Report: #701146
Complaint Review: Vanderbilt Mortgage and Finance - Maryville Tennessee
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Author Confirmed
Why?
Vanderbilt Mortgage and Finance
500 Alcoa Trail Maryville, 37804 Tennessee, United States of America
Phone:
1-800-970-7250
Web:
http://www.vmf.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Vanderbilt Mortgage and Finance Asked for remodification, did refinance instead making us think it was remodification Maryville, Tennessee
We asked for a remodification for hardship. They made us think they were doing a remodification and actually did a refinance. All the money we'd paid before that (around $50,000) was down the drain and we ended up owing almost the same thing with another 30 years to pay. They moved the interest from over 10% to 8.5%. Still too high once unemployment ran out. We hired someone to deal with them for a remodification and Vanderbilt wouldn't budge. They lied and said the loan was only 1 year old (from the time of previous remodification/refinance). They would not lower our interest, but swears they don't want our home. So now we're still stuck with 8.5% in our mortgage because they want to run us out of our home and off our land. Had they brought the interest down to a non-predetory level, we could have handled it. Once my husband finds a job, we're going to do our best to get it refinanced with another mortgage because this mortgage company is all about the money, to hell with what your life is like.
