My loan is seviced by Dovenmuehle out of Illinois and that is who I have been dealing with.
I cant refinance. I got a 30 year fixed loan at a 5.02% interest rate. I got lucky with such a low rate because of 1.)timing and 2.)I got it through a program offered by the Police and Fire retirement system in my state(Im a cop). I don't think I will be able to touch so low a rate at this point.
One of the things I have been told by
the customer service representatives
is that they will only allow me to use the original purchase price of the home to figure a loan-to-value ratio. That is a scam and a half, seeing as my home has most likely increased in value by 50 to 60 percent. They are fielding no risk whatsoever.
On another occasion, I was told that
a clause in my mortgage documents did not allow for appraisals to figure a current market value to delete PMI.
I reviewed all of my paperwork and it includes no such clause. My loan agent never told me anything to that effect either. After telling them this, I got that letter saying I could order a new appraisal through them. The appraisal fee schedule was missing however and Im fighting to get that now. If I ever do get, my buddy owns an appraisal company and he has comps in my area all ready should they try and be tricky and come in real low.
Seeing as their offices are about 1500 miles away from me, Im not going in person there any time soon. I wouldn't do that anyway. I was actually concerned about becoming a problem customer because I know thats when people will go out of their way to screw you. I already got one nasty-gram from my tax assessor because these jerkoffs paid my taxes late out of escrow.
I appreciate the advice, but maybe Im at their mercy to an extent. All of it helps because this is my first home and Im figuring a lot of this out as I go.
What the fuck is that? Im not full of shit...Im not posting all of this for attention. And where would the "stupid" comment come from? Im trying to get this fixed and Im getting jerked around.
How does that make me stupid? I didnt say the $1700 a year was not a big deal...I try to put it in perspective in the scheme of things. Thats all.
You talk like that to people in person?
I doubt it. The internet really promotes some goddamn uncivil behavior I tell you.
End of rant. If anyone has any other ideas I would be happy to hear them.