Can I sue a mortgage company for predatory lending? THE CLOSING HAS NOT HAPPENED YET! GIVE ME A CALL ASAP!
1 attorney answer
So the Lender is a mortgage company but you keep suggesting the lender is an individual? Sounds like you signed some agreement and you do not reference what the earnest money is, if it is a bad loan like you say then do not accept it then it becomes an issue of your earnest money, more of a potential breach of contract type. Also it is not clear if you are suggesting the earnest money is in relation to real estate purchase agreement or are you suggesting the lender had you pay a sum upfront for the loan that you are trying to get back.
But you really need to consult with an attorney in relation to any paperwork you signed to get proper advice. You have not received a loan to this point so I do not see how you are suing any lender for a predatory loan you are not accepting.
I am considered a "debt relief agency". I help Illinois people file for bankruptcy under the U.S. Bankruptcy Code. The information contained in this web site is intended to convey general information. It should not be construed as legal advice or opinion. It is not an offer to represent you, nor is it intended to create an attorney-client relationship. Any communication sent via the Internet using this web site would not be confidential and would not create an attorney-client relationship.