I went through a secondary mortgage company to do my mortgage last year. They did a loan called an 80/20. Basically, my principal went up a lot of money since I bought the house. No one told me that my principal rate will raise. I've made over $20,000 in payments and the Principal balance increased instead of decreasing.
I called a lawyer and they said that since I signed the 30+ documents at the closing, there's no help for me.
Is that true even though no one informed me of this policy. Is there anything I can do. Can you explain this process to me more please?
I called a lawyer and they said that since I signed the 30+ documents at the closing, there's no help for me.
Is that true even though no one informed me of this policy. Is there anything I can do. Can you explain this process to me more please?
