United Security Financial Corp Mortgage Complaint

United Security Financial Corp Mortgage department,

VA mortgage Loan servicing, payments, escrow account Texas

I refinanced my V.A. home -/-/- under the -. hybrid ARM. The United Security Financial Corporation or - - sent me a notice yesterday. They said under my contract my rates could increase to $1000.00 according to my closing documents. Interest rates have begun to show a sign of increasing. I feel this is a deceptive practice. The rules with the -. hybrid ARM are clear. My interest rate is locked in for 3 years. The rate can never increase any more than 1 percent per year. The rate can never go up over 5 percent. My initial rate was 1.75 %. My rate is subject to change on -.