I came across a critical review of AnnieMac Home Mortgage on a Scam Reporting website – DirtyScam.com, titled ‘NOT RIGHT MORTGAGE FOR US!’.
DirtyScam allows anonymous submission of complaints from angry consumers and victims of scams. Since the website is hosted offshore (probably in Russia or India), we take this (negative) review against AnnieMac Home Mortgage with a pinch of salt.
Here is what the review says –
AnnieMac Home Mortgage NOT RIGHT MORTGAGE FOR US!! THANK GOODNESS IN NJ THE LAW PROTECTS US!I canceled the loan after we Esigned, yes Esigned another rough estimate of what our mortgage would be and it stated $19,752 in fees,! Are you kidding me.So I politely sent an email a day before closing and said thank you very little I will not go through with AnnieMac Home Mortgage.They continued to try to tell me how it would benefit me and my children to keep this mortgage and how much more money we will have.FYI: my goal was to lower my mortgage payment so I can continue to free up some money so I can live in my home comfortably.With this wonderful new mortgage my mortgage payment would stay the same as it was because they got their $6000 to go to HUD and their $231 per month for mortgage insurance!Are you kidding me! And they continually repeat to me dont worry about it, its best for you and your family youll have money in your pocket because I was taking $33,000 out to redo my kitchen.So now my $33,000 kitchen is really costing me $52,000 including the $19,000 in fees for getting the mortgage.So obviously thinking I was as stupid as other people that fell for this BS, they would repeatedly happen to have the documents ready to be signed on Sunday because would be closing on Monday, so I was told to hurry up and sign.This is a month after I kept asking questions about the fees, what are the fees?, what are the fees?, please explain the freaking fees.Just be upfront from day one! DONT EVER SIGN AND WAIVE YOUR RIGHT TO CANCEL THANK YOU TO THE TRUTH IN LENDING ACT THAT GIVES YOU 3 BUSINESS DAYS WITH NO COST TO YOU TO GET OUT OF BS REFINANCES!google.com/amp/s/www.zil This is just my experience and I wanted to let people know you can back out at no cost.Others might get a great deal but not me. I can show you all of my documents if you want.I finally got an answer the day before closing and they finally sent me a document that actually showed the list of fees.Wait a minute, I thought there were no fees! Still waiting 6 weeks later for my good faith estimate required by law.How can you continually tell someone theres no fees and you do the math and there are fees and then low and behold I finally see a document the day before closing that shows the itemized list of fees that I had been asking to see for over one month.I was repeatedly told there are no fees its being rolled into your mortgage dont worry about it.Are you freaking kidding me! Its in black-and-white on the paper!The extra money you are charging me are called FEES.Finally I started receiving summarized document showing that my closing cost would be.Never an itemized good faith estimate, but these fees started at $14,000 went to $16,000 the next day $17,000 and the final straw was $19,000 in closing fees and another dont worry about it Hon!Dont call me Hon because you want to be disrespectful because Im not buying your sales pitch.This included $6,000 to go to HUD as if I dont pay enough taxes.On top of that you have to pay PMI or mortgage insurance in the amount of $231 per month in our case for 11 years!I also had to pay a point to bring the interest rate down to a big 4.375%.I still have not received my original documents since July 2017 it is now mid September of 2017.AnnieMac advertises zero fees, zero closing costs, zero this, and zero that.Then low and behold if you do not have perfect credit all these fees magically appear like insurance costs on your mortgage so youre telling me I dont have perfect credit and now you want to drown me in fees.I TOLD THE LENDERS MY CREDIT WAS SO BAD BEFORE WE STARTED! I could understand a couple thousand in fees but not $19,000!Thanks for the help, but Id rather not. The first red flag was no fees and no closing costs, came into my home and had me sign the estimated fees stated on the papers at $14,000 in closing costs and they both sat there and said dont worry about it, well just roll it into your mortgage.Ugh! What do you mean dont worry about it thats coming out of my equity on my home and I have two more children going into college in two years? Giant red flag when people tell you dont worry about it, well just roll it into your mortgage, but Ill wave my $1450 fee for you.Big Whoop Dee Doo. Thanks for the help. Of course they are the fastest-growing new mortgage company!Theyre getting $19,000 from me alone! They also offer the worst thing that ever came about, the reverse mortgage! Another red flag!Just ask Suze Orman.Haha! I paid off credit cards w/savings and will refinance again soon w/better credit!Please read from US Government before buying or refinancing: nj.gov/dobi/division_con This is just my experience, but Im so glad I kept that $19,000 for us!
In case you don’t already know (assuming you came to this page by Googling ‘AnnieMac Home Mortgage scam‘, or ‘AnnieMac Home Mortgage review‘, AnnieMac Home Mortgage is listed under the category Business on DirtyScam.com.
Here is the rest of the contact information for the sole purpose of identification –
- Address: East Gate Drive Mount Laurel Township NJ 8054
- Phone: (888) 680-7366
- Severity of Scam: High [not sure what it means]
- Reported Loss: 3252 $ [unsubstantiated]
- Reported by: Anonymous [obviously]
The entity AnnieMac Home Mortgage was awarded 1.33 / 5 Stars based on 3 Reviews.
It is difficult to ascertain whether AnnieMac Home Mortgage is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into AnnieMac Home Mortgage, analyze and list more critical reviews and identify a pattern (or lack of) to substantiate the claim mentioned above.
Regardless, until then, we give the benefit of doubt to the reviewer and list AnnieMac Home Mortgage as someone you need to avoid (for now).
If you have any grievances, complaints, or anonymous tips against AnnieMac Home Mortgage, please contact us immediately. If you have lost money to AnnieMac Home Mortgage, together we can work to recover your loss.