Complaints.com

From: Message Author
Date: Friday, 16-Mar-07 10:09:09 CDT

Business Info

Americor Lending Group

18111 Von Karman Ave.7th floor

Irvine , CA. 92612

I was contacted by Americor with a special program for people with excellent credit to re-finance my house. The program sounded really good with an interest rate starting at 1.25 and capping at 5.5% fixed for the remainder of the 30 years. As paperwork came in things were different than discussed. Darrren Williams either changed or explained any concerns we had. We bit the bait and after a year have now discovered that this is nothing more than an arm deferred interest loan and we now owe more on our loan than was originally borrowed. If anyone else is in a similar situation with Americor we'd like to hear from you and possibly try to build a case against them. They are lying and deceitful and should be put out of business before lots of other good people lose their money and/or homes.

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