Complaint Rating:

Company information:
Homecomings Financial
Waterloo, Iowa
United States
Phone: 1-800-2062901
www.homecomimngs.com

COMPLAINTS vs predatory Homecomings Financial. Predatory Lenders which cause a loss of my property, despite my request in many times to arrange their loans to an affordable payment. Requests were sent in delivery confirmation, but never Homecomings are willing to help resolve the hardship in the recession time. Property Income $4200/mo but mortgages payment to homecomings exceeds $4500/mo... this obligates me to have debts to pay their interests.

Now we can't pay home-insurance (which expires) and soon the property taxes on April10, 2008, despite my declaration to the county assessor office... that we have no money saved for property taxes and insurance, all efforts are made. Recently we have received a Default letters from Homecomings that state that "the default will not be cured if funds tendered are not honored" "Acceptance of any funds less than due shall not constitute a waiver"

Because of this, we will let them foreclose and accept the losses, despite our willingness to save, by asking a loan arrangement that must be affordable. HOMECOMINGS have a deaf ears, and keep harassing for payments everyday, and calling me everywhere especially in the workplace to pay their interests mortgages in lumpsum.

Sincerely,
They are NOT a good lender helping resolve the problem, but only Predator.