After using Countrywide for my first home, I thought, no problem, when I was purchasing my next home. They used lots of smoke and mirrors to convince me the adjustable was the way to go and why spend my money when they could put a home equity loan together for the down payment? When I got the notice that my loan would recast soon and I called and found out, they "forgot" to mention that the minimum payments made for the first year and a half were putting the loan into negative amortization. I tried to get them to work with me then but they "were so sorry they couldn't help me at this time" but to be sure and tell my friends to come see them for their loan needs" WHAT GALL???!!! So, 2 1/2 years later, I have absolutely no equity in an overpriced condo that has been steadily losing value and no options left but forclosure. Now they want to work with me? We'll see about that. So NOW you want to drop the prepayment penalties (started out @ 2 years, mysteriously ended up being 3 years), refi and work something out. Till then, I hope all the money you made off of me for basically nothing was worth it. If I weren't so happy with my home, I would tell you to shove it. If it doesn't work out, they have only themselves to blame. My outstanding credit will be ruined and at 55, I will be a single woman starting all over again. THANKS FOR NOTHING, COUNTRYWIDE.. |
