Ray Homebuyer Changes His Name to Ray Homeowner

A few months ago I wrote a post on CalPETR.com entitled “Ray Homebuyer Had to Change His Last Name: An Introduction“. In that post I described an all to common occurrence for good willed home buyers.

In a nutshell, Ray believed he was going to buy a home and was let down by his home buying team. Ray found out 60 DAYS INTO ESCROW that he was not going to be able to buy his home because of an FHA requirement that was not met. So much for transparency in the banking industry (See “Brenda Borrower Gets Buffed by Big Bank“)

Ray Homebuyer trusted his real estate agent and his lender to keep him in the loop on everything that was happening. Not only did his Big Bank lender drop the ball by never returning his phone calls, but his real estate agent outright lied about the type of financing Ray was applying for.

That said, Ray Homebuyer got a hold of us and he signed his loan documents yesterday. He is now Ray Homeowner, middle name “Proud”. It wasn’t easy and it wasn’t an overnight resolution but it was worth it.

Not everyone is so lucky though, many people who find themselves in Ray’s situation simply give up. If you have a difficult loan situation please fill out the Loan Rescue Form and we’ll see what we can do to get your loan closed, no additional charge.

Have you been taken advantage of by Big Bank? Do you have a story you think needs to be published? Are you unsure about your current lender or real estate agent? Feel free to comment below or send me an email. We gladly give second opinions.