In June of 2005 I decided to refinance my house. I checked for several months to find the best company with the best interest rate.I'm a single mom with two children. I made my final decision to go with Texas Lending.com.
I dealt with a person by the name of Tim Hart. I live in a small town and due to a physical address problem my refinance took nearly 6 months. I finally closed in June and decided to escrow my property taxed and insurance.
At the closing Tim Hart and a person from the Title Company (Chapin Title Co. in Sherman Texas) were present. I ask Mr. Hart and Chapin Title if my taxes and insurance were taken care of for the first year. Both assured me that everything was taken care of.
Four months after my close I received a cancellation notice on my homeowners insurance. I contacted my insurance to find out that my policy was never paid. I contacted Tim Hart at Texas Lending on Oct. 6th to informed him of the problem and that my insurance was going to be cancelled on Oct. 9th and I needed to find out what was going on.
I finally received a phone call on Oct. 11th only to be told that there was a mistake and the money was given to me by mistake in my cashout amount and that I would have to pay my insurance for a year on my own along with the extra into my escrow account. Beware of this company! I would not recommand this company to anyone!