primechoicefunding.com

Mail you receive is USELESS

I have been receiving letters from Prime Choice for months now. At first when I saw the low interest rate listed (2.875%) I was excited and wanted to give the company a chance. After a call with the mortgage specialist i was told that the rate advertised is only available with a points buy down. Stupid me as they said it in the fine print in the back, lesson learned. Adamant that i could make one of the solicitor emails work for me I took my time to read all the mail i received and looked at the fine print to make sure the rate advertised is the rate i'll be getting. A month goes by and I feel i may have hit the jackpot with the a new letter from Prime Choice again with an advertised rate of 2.875%. This time i read the letter up and down front and back word for word, and nowhere does it state a buy down is required. The language listed in the fine print as I quote "Rate being quoted are as of 10/18/2019 and on a 30 year term based on an interest rate of 2.875%(3.169%APR) with a total of 360 payments. Interest rate and APR being quoted assumes a borrower receives VA Disability and is exempt from having to pay a funding fee. Rate may change or not available at commitment, lock-in or closing. WHERE DOES IT SAY BUY DOWN IS REQUIRED FOR THE RATE??? Again i have read a plethora of letters from other solicitors and they do state that buy down is required to receive the advertised rate, but this time i dont see it. I try to explain the case to the mortgage specialist that the letter you provided does not have the buy down requirement and was rudely ignored. Thanks to this i will never work with a company that provides false information just so you can call and be told something different.

Date of experience: Nov 06, 2019