my mortgage

Submitted by jennings111 on Tue, 07/03/2007 - 21:24
Forums

pay off quote 64120.55
original financed 64055.67
mortgage purchased in nov 1999 can they do that???

Anonymous (not verified)

Hi Jennings,

Are you trying to figure out if the financer can claim a 64120.55 pay off on 64055.67 as the mortgage was purchased on November 1999?

Your question is not very clear to me. Which company financed you and what were the terms and conditions? What was the interest rate?

Please elaborate your question a bit more. This will help me to give you the right suggestion.

Thu, 07/05/2007 - 10:50 Permalink

i don't understand why my payoff would be more than the original purchase price 7 years ago.
9.75 percent, simple intrest loan, green tree servicing

Thu, 07/05/2007 - 12:48 Permalink

Is there a pre-payment penalty built into the mortgage? It's a legal way to screw you over.

Thu, 07/05/2007 - 13:01 Permalink