First Citizens Mortgage Complaint

First Citizens Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker Florida

First Citizens Bank of -, undervalued my request for a mortgage by $ 100,000+. To do that, they appraised the land ( purchased for $120000.00 ) at $9800.00 ( tax appraisal uninproved is $70000.00 ). To do that they found land - miles away selling for $ -/acre and ignored land pricing anywhere closer much less inside the resort community. They chose - comparable, - was a mobile home and the - had been abandoned unfinished in 2006. Our planned custom built '' log home is in a gated community atop - - ( - ), the mobile home they compared it to has a State Highway running thru the backyard and was simply dropped off a flatbed onto a slab at that location. But that 's how they do business. They claim the negligence '' is all the fault of the appraiser and his negligence is my problem, not their 's ( that 's not true in all States ).