I want to start by saying that finding UMoveOn and Dave Smith has been the biggest blessing and answer to prayer for our family. They have taken a situation that seemed so stressful and insurmountable and made it the most unstressful time of our lives. It is so nice to have someone on our side. I can't imagine having had to go through this situation without someone like Dave to turn to with any questions we have. All of the people that we have come in contact with through Dave have been just as great and helpful. I would and have recommended them to anyone I have come in contact with in a similar situation and will continue to do so."

 

 Josh and Melissa Wayne, Michigan

 

 

 

 

 

 

 

Our efforts to work out a suitable Loan Modification with our lender has been nothing short of a nightmare. After a year of frustration, we learned that a Mortgage Loan Audit can be a very effective tool to gain leverage over our uncooperative lender. We felt that we were taken advantage of by our loan officer from day we signed our mortgage documents. Our lender increased our closing costs from about $5000 to over $11,000 which we did not know until the day we closed. We were expecting a 30 year mortgage, but the actual loan was changed to a 40 year loan without our prior knowledge. Even more shocking was the fact that after paying $2085 per month for 30 years, there was a “BALLOON Payment” that would be due for more than $182,000! (The original mortgage was for $270,700 with an APR over 10.8%). We had waited over 6 months for our new house to be built and we would have lost a lot of money that we paid to the Builder if we did not close on this loan. Our loan officer assured us that we could refinance to a better mortgage and rate after one year. Did I mention the 3 year Pre-Payment Penalty? We actually had 2 Forensic Mortgage Audits done: The first one was done by a “Certified” auditor who found NO VIOLATIONS! They ran all of the “numbers” through their audit software and everything was technically “in compliance”. We then had a second audit done by David Smith from Mortgage Loan Audit Advantage LLC (part of Umoveon LLC). The second audit revealed MANY violations including evidence of “Predatory Lending”. The Mortgage Loan Audit was a manual review of all of our documents which we learned is the most effective type of audit. Our attorney has already been contacted by a lawyer representing the Bank...they now want to “work things out”.  There really is a HUGE difference between Mortgage Audit Companies; we are proof.

 

Larry, Oxford, MI