Banco Popular de Puerto Rico Mortgage Complaint

Banco Popular de Puerto Rico Mortgage department,

Other mortgage Loan modification,collection,foreclosure Puerto Rico

On or around - Doral Mortgage Bank had an aggressive campaign for mortgage lending.Around -, - - I applied for a loan.I was awarded a - loan of - dollars at a 6.75 % APR.Around - when interest went down I applied for refinancing at a lower rate.They denied me refinancing because the house had to be totally built in concrete.This made me wonder because they awarded me the loan when the house was not finished and they new exactly the condition and the materials the house was made of.Soon after that the Bank Disappeared .Popular Bank took over it 's assets .Around - - I tried with this Bank to refinance at a lower rate.They also denied me refinancing.They gave me more or less the same reasons as did Doral Mortgage with the added reason that I had to get a certification from a structural engineer.I wrote a few letters to this bank but no direct answer nor satisfactory explanation as to why the house was eligible in the first place for a - Loan .I am - years .I have a - pension of - dollars.I pay - dollars mortgage and the Federal Board assign to the - because our corrupt politicians drove the - into banckruptcy will be cutting pensions down.This will be happening within the next 6 months.