What would you do??

Question

I have been struggling like crazy to get a mortgage (i have a ccj and need to borrown 100%) and finally have been accepted by a company called Future. But, I went on web yesterday to check out the company and found a few reviews from customers saying how bad the company was, customer service etc and said not to bother with them. Thing is they are my last hope to getting a mortgage and I am planning to switch from them in 2 years anyway as will find a better rate coz ccj will be gone by then.

Do you think that these reviews are something to worry about or do you think that they are just a small number of unhappy customers, and that there will be lots lots more satisfied customers??? Dont wanna make big mistake but also dont want to miss out on buying my first house!!! help xx

Answer 1

are you really that desperate to get your first house now can it wait til the ccj has cleared you will always be worried that something might go wrong with this company and that will put a cloud off doubt over your move .will they make it difficult to switch and do they charge administration fees for this switch or charge unreasonably high penalties for leaving early .please look again as this might be a bad move

Answer 2

since you are struggling you currently do not have enough money saved up for a down payment ,therefore you can not afford a house yet, rent for another year or two.When you have a twenty percent down payment then buy a house.Homeowners have responabilitys such as paying the plumber to work on the furnace every year,then you have to buy a lawnmower and mow the grass or pay landscapers to do it, If you have oil heat you have to pay for that ,and homeowners insurance.If you are borrowing what you said then you can not afford the house you have picked out right now.

Answer 3

don't get stuck! I'm currently stuck in my house and i wish i had waited a little longer cause certain loan companies are only allotted a certain percentage of approvals each month so keep looking if there is a bad review that leaves a chance for you to be submitting one later.

Answer 4

read over the fine print and see what all the variables turn out to be and crunch the numbers ahead for two years given the intrest and paper fees and pullout fees and establishment fees plus the monthly account keeping fee ect...

Answer 5

Better no loan than a loan from a loan shark.Avoid