Can anyone give some references about America's Financial Solution?
I bought a house in Modesto Ca 2 years ago, but the prices dropped about 60%. This company is offering me to renegotiate the loan with my lender, and they are charging $3,500 in advanced to do this work for me. Can anyone tell me how to check the record of this company, whether it is a legal company, and how long it's been in business.. Whether it is a reputable and strong company. Thank you * 12 minutes ago * - 1 week left to answer.
Financial Services - 1 Answers
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Be very careful. Here are some facts that my mortgage loan friend told me. 80% of these companies are complete scams. Only 15-20% of applicants are able to get the bank to renegotiate the loan. So, you have HIGH odds of paying $3500 and getting nothing, or worse, scammed out of your home. If you have a financial hardship that came about after you bought the house, not just you are ticked because you paid too much, you have a shot at renegotiating with your lender yourself. If you are making your payments, can afford your payments, odds are low your bank will not do anything for you. Good luck
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