Consumer complaint received 2018-06-20
Company: Movement Mortgage LLC
State: GA
Product: Mortgage
Sub-product: Other type of mortgage
Issue: Closing on a mortgage

Complaint:
I was to close at first on XX/XX/XXXX, in which I did get a closing Disclosure prior to closing date but then it was pushed to XX/XX/XXXX I was approved for XXXX %, but after spending for {$500.00} appraisal, $ XXXXinspection, the lender stated, after the appraisal the lender stated they got it wrong because the tax records and HOA stated was a townhouse, but it was a condo, so I had to pay an additional cost of {$490.00} condo certification was required. This is when Everything changed my approval rate of XXXX % changed to XXXX % in the matter of 3 days, the condo certification ( questionnaire stated the condo had no reserves ) .I should have walked away but was told that is okay, still pursue because you have invested money, that you will have start over and pay over again. I even went as far as, to contact the management company over the condos. And what she informed me that they were struggling and that the reason why they don't have reserves is because of the delinquencies. She informed me the condo certification that I paid {$490.00} should have showed the budget which I never received and that I should have been informed of a right decision. She stated that she's a third party and she can't advise me of whether or not I should invest in this property. Because this was my very first time of buying a home I felt confused and all the information kept changing on the lender behalf. I felt pressured and I was accused of not wanting to finish going through closing but I didn't change all the information. So I sit here today writing this at 5 in the morning, because my closing is today. I don't make a lot of money and my parents had to help me, but I feel like this is not right. I've not had the closing disclosure sent to me prior, I only had the Alta statement sent XXXX not even 24 hours before closing. I asked for CD I was told the Alta statement is what I can review. But after research these are two separate documents and the seller now has my personal information. This was my very first time buying a house and it's been the worst experience ever. I truly dont know what to do. I am so so sad and the issue is, I was staying with a friend and now, if I dont sign I wont have a place to stay but I feel strongly this is not right. I am beyond stressed, because my integrity and character means alot to me. But because the owner of the whole entire property stated they're struggling, the HOAs are {$300.00}, and they may have to increase because of the delinquencies. I feel this is not a good choice. But I was told the seller is counting on me to hold up my end or lose my {$1000.00} earnest money. It's frustrating come on because I really don't know what to do. Also there are fees on the ALTA statement that I didn't see on my first Closing Disclosure dated XXXX. I never received an amended Closing Disclosure. My whole issue everything keeps changing not for good but for worst, I never received my Closing Disclosure, today is the closing and I am not sure if the rate change or what. Is this the right way? I now wish I would have went through a class, then I would not feel the way I do. I was told just a two day ago I would only have to bring {$9000.00} but now the wire statement says, see additional change at the last minute {$9100.00} by XXXX.

Company response to consumer: Closed with monetary relief