on 1-22-08 our house financed through gt was gutted by fire. (for years to save money we paid for their structure insurance) at least if something happened we would still have a house to live in right???
wrong!!! they took all 80 grand and wanted us to pay our full pmt of 850.00 a month and demanded we get insurance. we had 20 years left on our mortgage and were totally up to date with pmts at that time, because we were told be on time for 1 yr and we can refi at a lower interest rate. well after the fire we were told they were not a lender anymore and could not help us.
so as a result, being unable to afford mortgage and rent for someplace to live, we were forced into foreclosure. so if you pay for there structure insurance be careful they will not use the money to repair your home. where is the bailout for us??? so not only did i lose my home, pets, and belongings to a fire, but in a year and a half i have lost my home twice.
after only owing 28000.00 after the ins. check. the real kicker, the house could have been repaired with about 15-20 grand in materials.
so if you know anyone with gt tell them to get rid of them they will *** royally!!!!! Brooklyn mi