TD Bank Mortgage Complaint

TD Bank Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker Virginia

We applied for a 3.75 % fixed rate mortgage loan to refinance our current mortgage loan with TD Bank. We qualified with our income. The home appraisal showed we had 28 % equity in our home. The loan was for a $550000.00 and the house appraised for $-. The rate was locked until -/-/2015 but when we were going to close TD Bank changed the terms to increase the interest rate and lower the loan balance. This is a classic bait and switch scam to take our $450.00 application fees and not honor the loan we applied and qualified for.