My husband and I have been in our home for 22 yrs with a 30 yr mortgage for 120,000$. We fell behind when I became unemployed and unable to work in 2015. They said come in to redo your loan. They took our 30 yr mortgage away and gave me a 5 yr balloon. In 2017 I became disabled. They gave us another 5 yr balloon. My husband is 68 yrs old.
Our credit is finally good. So we refinanced our home at a better interest rate. Stearns bank sent over the payoff to the new bank on March 4 th. It was 136,000$. So I called Lisa at Stearns bank. They put all interest and late payment charges which was $13,000.00 So I asked Lisa On Mach 11 , 2 days before closing if she could forgive some charges and told me she would help on late payment fees.
The new closing was set for March 13. The day of the closing she sent over more charges of $3784.00. I was SHOCKED !!! She was trying to stop us from refinancing. So they gave our new mortgage lender 3 different payoffs. The payoff kept going up and up. Isn't there some laws that were broken.? We payed 22 years on our home and now we are paying on another new 30 mortgage for more than than what we Initially paid for it. Who can I call. ?
Avoid Frank Ybarra at all costs. Frank Ybarra's cell is 773-255-9576. FrankYbarra's current work email [email protected]. Frank Ybarra currently works at Stearns Lending at 1901 N. Clybourn Ave, Suite 300, Chicago, IL 60614. Frank Ybarra will rip you off, and then physically threaten you and your family if you do not do business with him. Frank Ybarra will lie to you about getting you low interest rates on any home loans or any loan, and then try to charge you illegal high interest rates and lender fees. Do not provide Frank Ybarra with any of your personal and financial information. Frank Ybarra cannot be trusted. There are thousands of legal complaints against Frank Ybarra and Frank Ybarra does not have a current nor valid mortgage brokerage license. Do not do any business with Frank Ybarra. Avoid Frank Ybarra at all costs.
I have several leases with this company first I would highly say stay away from. I have never been late with any of my payments. Well at the end of the lease they stink it to you. Totally fraud what they do at the end of lease . First it all starts when you have about a year left on your lease. You get letters saying you don't have insurance on equipment they need proof . You call insurance company and they send proof then sterns keeps replying not sufficient you just keep doing this then the last payment they charge you a big insurance fee which you already had insurance which you still have proof. But then sterns says it's to late contract ended you owe it and they won't back down its really fraud . Now it's already starting on my other contracts I told them don't even start my insurance agent sent proof and my agent says they are ridiculous sent proof on the equipment before but now it's not enough information I know exactly what there doing. So main reason I'm going public is to warn others . If they try this again I'm going to get my attorney on it.
I've been a late with my monthly payments. Late is over 10 days. I understand late fees. I don't understand 20% My normal monthly fee is $372.14 . If I find myself 11days late, my monthly payment jumps up to $466 This doesn't seem legal. If anyone is attempting to get a loan from this "Bank" don't. Also, I just found out that the interest associated with the loan is flat. There is no early payoff. You pay the full term of the loan interest. Theses guys are thieves!
Stearns Bank Reviews
My husband and I have been in our home for 22 yrs with a 30 yr mortgage for 120,000$. We fell behind when I became unemployed and unable to work in 2015. They said come in to redo your loan. They took our 30 yr mortgage away and gave me a 5 yr balloon. In 2017 I became disabled. They gave us another 5 yr balloon. My husband is 68 yrs old.
Our credit is finally good. So we refinanced our home at a better interest rate. Stearns bank sent over the payoff to the new bank on March 4 th. It was 136,000$. So I called Lisa at Stearns bank. They put all interest and late payment charges which was $13,000.00 So I asked Lisa On Mach 11 , 2 days before closing if she could forgive some charges and told me she would help on late payment fees.
The new closing was set for March 13. The day of the closing she sent over more charges of $3784.00. I was SHOCKED !!! She was trying to stop us from refinancing. So they gave our new mortgage lender 3 different payoffs. The payoff kept going up and up. Isn't there some laws that were broken.? We payed 22 years on our home and now we are paying on another new 30 mortgage for more than than what we Initially paid for it. Who can I call. ?
Avoid Frank Ybarra at all costs. Frank Ybarra's cell is 773-255-9576. FrankYbarra's current work email [email protected]. Frank Ybarra currently works at Stearns Lending at 1901 N. Clybourn Ave, Suite 300, Chicago, IL 60614. Frank Ybarra will rip you off, and then physically threaten you and your family if you do not do business with him. Frank Ybarra will lie to you about getting you low interest rates on any home loans or any loan, and then try to charge you illegal high interest rates and lender fees. Do not provide Frank Ybarra with any of your personal and financial information. Frank Ybarra cannot be trusted. There are thousands of legal complaints against Frank Ybarra and Frank Ybarra does not have a current nor valid mortgage brokerage license. Do not do any business with Frank Ybarra. Avoid Frank Ybarra at all costs.
I have several leases with this company first I would highly say stay away from. I have never been late with any of my payments. Well at the end of the lease they stink it to you. Totally fraud what they do at the end of lease . First it all starts when you have about a year left on your lease. You get letters saying you don't have insurance on equipment they need proof . You call insurance company and they send proof then sterns keeps replying not sufficient you just keep doing this then the last payment they charge you a big insurance fee which you already had insurance which you still have proof. But then sterns says it's to late contract ended you owe it and they won't back down its really fraud . Now it's already starting on my other contracts I told them don't even start my insurance agent sent proof and my agent says they are ridiculous sent proof on the equipment before but now it's not enough information I know exactly what there doing. So main reason I'm going public is to warn others . If they try this again I'm going to get my attorney on it.
I've been a late with my monthly payments. Late is over 10 days. I understand late fees. I don't understand 20% My normal monthly fee is $372.14 . If I find myself 11days late, my monthly payment jumps up to $466 This doesn't seem legal. If anyone is attempting to get a loan from this "Bank" don't. Also, I just found out that the interest associated with the loan is flat. There is no early payoff. You pay the full term of the loan interest. Theses guys are thieves!