Santander Bank US Mortgage Complaint

Santander Bank US Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker Pennsylvania

HELLO - - - apply for a mortgage loan from Santander bank in - PA. For the purchase of a property that had to be repaired but not much since I personally had the staff available and the contractors to repair the property. The realtor asked me for a deposit of $1000.00 dolare. I have an excellent credit About - points and my salary is ecellent I am a retired person and -. The bank asks for money in checks and that there would be a new account with them and all supposed mind for the house. The loan was 2.8 % so I stayed with them and $13000.00 suddenly, when it increased soon to $26000.00. The bank raised the interest to 3.99 % I paid all the certification of the reading area wather authority I paid the apraisal of real property. Which indicate that in reparal the property had a cost of $2500.00 dollars as a person left an open door traceras and stole - feet of copper pipe of the house. Only the basement but the same would be remplasado in 1/2 day since the house had water and make a repair of the window of the second


was informed the day of request of the loan and they gave a combentional loan to me and not an FHA. And the closure was scheduled for - -, - and was suspended without warning because they wanted more inspections of light and water and the roof. The house has connected the water and the light and the roof. After being paid to the contractors the bank without notice on - -, -. tells me that they can not give me the loan because I did not make it biable and that the money lost would not recover it that they give me a personal loan of - - Dollars to the 7.9 % that if I take it or leave it which provoked that I can lose the house and because of it I paid fines for breach of contract and that I lost $1000.00 dollars without counting what I gave to them. To all this was not communicated the house has a value of $70000.00 giving suddenly $26000.00 for a loan of $43000.00 the value of the property in the market is $120000.00 dollars