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I have been lied to repeatedly

I have been dealing with a lender for a new purchase and um ar the end of my rope I did not receive any disclosures until 15 days after I turned in the contract and th as t was the 1st pf many tragedies the lies are unbelievable he told me the amount due st closing then disclosures came that said something completely different he wanted time to fix them then he sent them again they were wrong again he said that the EPA program was not reflected until closing then it would reflect so I signed them and trusted him again now I can't get the conditions back and he already ordered and paid for appraisal and the option has ran out to get my earnest money back now every time I talked to the guy the rate and money due st closing keeps changing what can I do How do I get my earnest money back and my Appraisal money what can I do by Myctservices219 from , . May 6th 2018 Reply

William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,728 contributions

More info needed, but you might want to consult with an attorney familiar with the lending rules in your state.. For most, if you withdraw/cancel your loan PRIOR to the underwriting decision, then in most states, the lender has to refund you any monies you paid.. (including appraisal).. however, this does not relieve you of your contractual obligation on the sales contract.. if you withdraw your loan, then you could forfeit your earnest money deposit. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

May 7th 2018
Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 4,719 contributions

Sorry to hear of your troubles, and I hope it all works out. But this is a prime example of why picking an experienced licensed Loan Officer to handle your largest financial; transaction is way more important that just calling 1-800-Big-Bank, or going with some guy on the internet 'quoting' the 'best' deal. My tips for picking a lender? First, 90% of your success is the Loan Officer themselves, and only 10% of the success is the company, so focus on the Loan Officer. Stay local. Pick someone you could drive to if needed. Stay away from big internet lenders, and banks. Do an internet search on the actual Loan Officer. What do you see? Finally, if their NMLS number is above about 700,000 - this means they are relatively new to the being a loan officer, and if their number is above 1,000,000 - they are brand new. Pick a Loan Officer with years of local experience, a documented good review history, and you generally will have a successful transaction. For loan in WI, MN, and SD, visit me at

May 17th 2018
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