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Old 07-24-2007, 09:10 AM
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Join Date: Jul 2007
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Default our mortgage broker lied to our bank now they wont

finance us,can we make the broker pay for fees we lost ? he over stated our income to qualify us for more than we could afford,and got caught so now we dont qualify and lose fees for inspections and earnest deposit now he wants to wash his hands of us and tell us sorry better luck next time and we are out $1500 thru no faught of our own? I think that's crap? anyone have any real exp. with such a thing please help!!!
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Old 07-24-2007, 10:29 AM
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Report him to his licensing board. Mortgage broker ethics are notoriously among the worst of any profession in the business world, but hopefully if enough consumers complain the state authorities will do something about it. And if you have WRITTEN evidence to back this up, you should also look into taking him to small claims court on fraud charges.
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