Mortgage Town

I purchased my home in 2004. At that time, a $26,000 home equity line of credit was established through GMAC. In October of 2009, GMAC sold my HELOC to Specialized Loan Servicing.

Ever since, it has been a nightmare.

Can’t keep track of my payments, no idea where my money is being applied, bogus annual maintenance fees (that were not in the original GMAC note), impossible to read statements – I’m just beside myself. On top of all that, it is obvious SLS is geared towards collecting BAD debts. Almost every call I make to them, or piece of mail I receive is set up as if it’s for someone that is 3 months behind. I pay almost double my monthly payment for pete-sakes!!!

I want to get AWAY from this company…. can anyone suggest a lender, company, bank, solution so that I can run from these half-wits??? I don’t deserve to be treated like this, and neither does anyone else that have been upholding their end of the Loan requirements.

Why not call around to a few banks where you live. If your credit stinks forget about it and pay quadruple the payments and get rid of it.