Posts tagged Lenox

Question : Lenox Mortgage Co. Georgia, critical views please?
Hi, I have to re-fi my mortgage to set aside money to pay for 20% of a surgery, and to PAY the mortgage while I am out of work for 12 weeks.
I have always used local savings banks before.
The idea of some mortgage company is scairy, but, I can get ,not only a good rate, but also emergency credit if things do not go as planned with the surgery!
This all sound TOO GOOD TO BE TRUE! has hany one had good/bad/indifferent experiances with Lenox Morgages Georga U.S.A.? Please let me know soon, so I don’t make a mistake with my home! Thanks Bugsie
georgia mortgage

Best answer:

Answer by anginfla
best bet is to contact the Better Business Bureau to see if there have been any complaints filed against them and you can also contact the Federal Trade Commission to make sure that all the practices they are offering you are real, valid, and correct with no shortcuts for their benefit. I personally would go through Citifinancial and do what the call a CMA loan. It is not an equity loan. it is a comparitive market analysis where they base things on the surrounding demographics and not on your personal equity. they have a 3 day recision period instead of 7 like most and they also have it set up where it can be a revolving installment loan instead of a set time loan. in other words the money can always be available to you like a line of credit but it isnt considered one so the interest isnt as high.