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Countrywide Homecomings and InstaLoan fraudulently induced us into procuring 3 predatory loans:3 high interest rate, adjustable mortgage loans with high prepayment penalties. In less than 2 years, we lost the home (along with the 200.000 dollars or 20% down payment, taken by them as cash-out from the refinance of our separately owned family homes!).

Instaloan, Countrywide and Homecomings' fraudulent, unprofessional and unethical conduct has subjected us to paying outrageous and unnecessary amounts in monthly mortgage payments.

They took advantage of our trust. It is our belief that InstaLoan, Countrywide and Homecomings did so in order to get high commissions.

This reviewer shared experience about "predatory loans scam" and wants this business to issue a full refund as the author lost $100000. The author is overall dissatisfied with Countrywide Home Loans. Reviewer wants customer support to reach out to him or her ASAP for further discussion of this matter.

Also, you can continue reading comments about Countrywide Home Loans.

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Anonymous
#935037

They didn't come to your door begging to give you a loan. You asked for a loan.

They offered a loan. You didn't think about the fact that you could not pay back the loan. You did not read the contract. You caused this problem.

You suffer the consequences. Grow up.

Anonymous
to Anonymous Los Angeles, California, United States #936221

They led the whole process. It was not the first time for us.

We trusted a system that is based on legalized robbery. And you are the type o AW that would tell a victim of rape be it sexual or economic that it is their fault and not the fault of the criminals.

You are probably one of those lenders ripoffs or a slave to them. FU.

Anonymous
to Anonymous #1392116

It sure ur stupid *** u

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