Legal Question in Real Estate Law in Virginia

predatory lender

5/2007 got into loanw/ home funds direct that we did not really want but loan manager faxed letter stating that we would only be in loan for 3 mos than go to a 6.5 rate w/ 1% orig fee although they already charged 3.5% on loan. 3 mos. later hfd shut down and parent company accreditted home lenders stated they cannot help b/c they are not sevicing any loans. This in in addition to other inaccurracies on loan.


Asked on 10/29/07, 1:32 pm

1 Answer from Attorneys

Michael Hendrickson Law Office Michael E. Hendrickson

Re: predatory lender

So, your question is what, do you still owe this loan (that you claim you really didn't want)?

Undoubtedly, you do.

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Answered on 11/02/07, 8:18 am


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