CCO MORTGAGE - Fees

Posted on Saturday, March 13th, 2010 at 10:20am CST by 0b87bf71

Product: HOME EQUITY LOAN

Company: CCO MORTGAGE

Location: US

Category: Other

BANK OF AMERICA DECIDED TO SELL MY SECOND MORTGAGE TO CCO MORTGAGE. THE INTEREST RATE IS EXTREMELY HIGH (I HAVE NOT BEEN ABLE TO REFINANCE THIS LOAN BECAUSE I AM A CONSUMER THAT OWES MORE ON MY HOUSE THAN IT IS WORTH). I WAS ABLE TO REFINANCE TO LOW INTEREST ON THE 1ST MORTGAGE. THIS EQUITY LOAN COULD NOT BE INCLUDED. I HAVE PAID MY BILLS ON TIME AND HAVE A VERY GOOD CREDIT SCORE BUT BY NO MEANS DO I MAKE A LOT OF MONEY FOR A LIVING. I WORK PAYCHECK TO PAYCHECK. CCO MORTGAGE TACKED A $225.00 DOLLAR ONE TIME FEE TO MY PAYMENT BECAUSE I NEEDED PAYOFF INFORMATION. NOT SURE WHETHER I HAVE THE MONEY TO PAY THIS FEE AND OTHER BILLS I HAVE. I WOULD UNDERSTAND THE FEE A LITTLE BETTER IF I KNEW ABOUT IT AND IF I WAS HAVING THIS INFORMATION SENT TO ME MANY TIMES BEFORE BUT I HAVE ONLY REQUESTED THE INFORMATION ONCE.... BAD BUSINESS PRACTICES AND I WILL POST THIS COMMENT ANYWHERE I CAN TO GET THE WORD OUT TO THE HONEST HARD WORKING PEOPLE THAT BAILED THIS BANK OUT OF ITS BAD PRACTICES.


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