Consumer complaint received 2016-10-06
Company: FIRST CHOICE LOAN SERVICES INC.
State: PA
Product: Mortgage
Sub-product: FHA mortgage
Issue: Loan modification,collection,foreclosure

Complaint:
I wish to raise an official complaints in respect to these Corporation : First Choice Loan Services Inc. Corporation, XXXX XXXX XXXX XXXX, XXXX XXXX XXXX XXXX. 1.Notes in loan file suggest borrower pushed for a quick closing when in fact First Choice Loan Services Inc . Corporation Lender XXXX XXXX XXXX and Realtor XXXX XXXX XXXX rush my husband XXXX XXXX through the application and loan process. 2.Property has been transferred and sold within less than 90 days of the purchase date XX/XX/2014 Original Loan from First Choice Loan Services Corporation sold the loan without notice to us and without letting us know where our first payment went that was not applied to the mortgage to XXXX XXXX XXXX XXXX resold to XXXX XXXX XXXX XXXX . 3. The Property was advertised as is condition to purchase but yet Lender forced my husband XXXX XXXX after the purchase was finalized that he cant make repairs or move into the Property and he is liable for the mortgage even if he has n't move in. Lender forced my husband to apply for a XXXX loan on top of the Property loan in which he was approve quickly. 4. The value of the Property has notably increased with no improvements or improvement are not insufficient to justify the increase. The XXXX loan did only partial of improvement thereto the Property and my husband XXXX XXXX add-on his own improvement but not to justify an increase. My husband was never told by the Realtor or the Lender that the Property was worth less then the asking price XXXX and was sold to him for less than the asking price of {$110000.00} but more than the value of the Property. 5. Seller is an entity/ Corporation My husband XXXX XXXX XXXX told that the Property owner die 2 years ago and the Property was bank own when in fact the owner of the Property was a corporation rushing to sell because the seller purchase the Property for only {$1100.00} and had the Property for 2 months and did n't do repairs on the Property. XXXX. Basement : Never was told that the Property had an existence open tube sticking out the basement wall that it was a condemn water well. Realtor XXXX XXXX XXXX advised my husband XXXX XXXX to initial all inspection except the XXXX inspection. 7. Structural Problems : Never was told about any structural damages or problems in where the cracks of the outside to the inside were coming from or of any addition, remodeling, structural changes. To make it this letter short my husband die XXXX and when he purchase this Property the Realtor did n't give him details about the Property or the possibilities of XXXX ... Even the mortgage made lots of errors in the mortgage statement and we always had wonder where did our first mortgage payment go to. And First Choice Loan Services Inc. Corporation had set there own personal hazard homeowner insurance with Farmers Hazard Homeowner 's Insurance XXXX XXXX XXXX that was paid up at settlement then sent us a bill after we paid the bill he cancel after 2 month keeping the money and not providing us with coverage breaking the agreement. Thereafter come to found out that after my husband XXXX XXXX pass away I his wife come to find out that Farmers Hazard Homeowner 's Insurance was getting paid all long by XXXX XXXX XXXX XXXX without us knowing about it after they did n't fill their agreement to give us coverage for the year and with no declaration forms.

Company response to consumer: Closed with explanation