Are you a victim of predatory lending?

If you answer yes to any of the following questions you may have been the victim of an improper mortgage or loan. It is important that you gather your paperwork and contact Legal Aid of North Carolina (no cost help) or your attorney for assistance.

Are you in a worse financial situation than before refinancing or taking your second mortgage?

Did you get a second mortgage or loan for home repairs that were incomplete or done poorly?

Were you promised one mortgage or loan and found out that you got a different mortgage or loan when you signed the paperwork, or later?

Do you have an unreasonably high payment due at the end of or during your mortgage  or loan's term?

Is your monthly payment or interest rate higher than you thought it would be?

Did your mortgage or loan include very high insurance terms as a requirement?

Were there a lot of excessive fees included in your mortgage or loan?

Did you have high or excessive closing costs when you signed for your loan or mortgage?

Did your lender include information that was not truthful in you mortgage or loan paperwork?

Did you find the terms of your mortgage or loan confusing, and your loan officer did not take the time fully explain the terms.

Did you complete paperwork before signing the mortgage or loan paperwork?

Are you going to be fined or charged prepayment penalties if you pay off your mortgage early?

Was your mortgage or loan refinanced or changed to another creditor without your knowledge or consent?

This information is provided as a community service by LindaJPayne.com
Please note that I am a Realtor and not a loan officer or representative. Please consult a professional in this field if you have a specific concern or question. If you are not certain where to get help please send me an email  or call. Please share this information with friends and neighbors. We all suffer from the effects of predatory lending