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Thanks. If this further escalates, thats exactly what I am going to do

Its fraudulent when they approve you when youre not supposed to be approved for that loan. Its fraudulent when they try to make numbers work so they can get the commission when the loan closed.

Thanks for you input. It was difficult for me to do but I think in the long run, I will thank myself for walking away before closing. do you guys know if theres a law that protects consumers against this tactic. I honestly believe that somewhere that theres some misrepresentation done on my...

I agree with you. But being insiders in the business, they should have been upfront me and told me that $360K is way above what I can afford. But instead they looked for a lender that's willing to do this loan.

I am about to close on a property that I dont think I qualify for. When I saw a house I like which is $360K, my real estate agent recommended a loan officer who she says can help. I gave all the necessary documents to this loan officer, got an appraisal (done but I have not seen the document)...