FHA Complaints and Reviews

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  • Aug 25, 2010
  • Loans and Mortgages
  • Indianapolis, Indiana
  • 179

Today is my birthday, and I am sitting here in tears on a day when I should have been celebrating being 7 days from close on our new house. Out of the blue yesterday we got word that FM decided to no longer honor FHA loans - even those where the house is finished and close is impending! Meaning we would owe thousands we do not have. Bottom line, seven days from closing we are going to lose our... Read more

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  • May 26, 2010
  • Loans and Mortgages
  • Scottsdale, Arizona
  • 146

I've had a loan with FH for about 5 years. Alway paid on time, never late. Credit good even though my income dried up. I'm a saver. Finally decided to ask them to remove PMI. Local RE agent came out. Valued the house $100,000 below obvious market value. I wrote FH and politely asked them to review my case, gave them comps, review my payment history and credit. They wrote back... Read more

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  • Jun 26, 2008
  • Finances
  • Las Vegas, Nevada
  • 1
  • 1
  • 110

Has anyone tired to just give the house back to the bank. We are upside down and with the penalty fee's we can't sell the house. We are thinking of just walking away. Has anyone tired to get a lower rate and better terms. Any help or advice would be great. I see that the company we went with is out ,of business. Morgan Company. Makes me feel really good that when I called a few months... Read more

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