I purchased a home in 2006 put 30,000 down and got put into a 10.25% adjustable interest rate when I was told i would be in a 7%fixed. They did this at closing. Unfortunately I was stuck because I was already in the home before closing due to some unfortunate events. I had just moved to RI and everyone knows everyone! I was also told that I would be getting 10,000 at closing which I didn't and no one knew where the money went. I tried to refi in May of 2008, my home appraised for 298,000 and I owed 270,000 but they said I couldnt due to some legal issues at that time. So, I just tried to refi again which I have good credit, great job but my home only appraised for 205,000 which was not enough. So I had to call
CW and find out if they received the appraisal and she scrumaged through some paperwork and said "You already went to underwriting" oh wait, oh not good, your appraisal only came in for 205,000 oh we can't do this. I said can you direct me to someone who can she gave me some BS phone number. Meanwhile I am still stuck in this horrible loan but then I thought why would
CW want to help me because I am paying this ridiculous loan and I am on time and never been late!! I am hoping I can get some help somewhere because I should be in a low rate!!! Now what?? Do I qualify for anything? Any suggestions????