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Farm Credit Of The Virginias

660 Peppers Ferry Rd, Wytheville, Virginia, United States, 24382

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I was informed by my loan officer - the night before the closing - that my monthly payments are now 50% higher than I was lead to believe. His mistake, he admits it. I have the emails and signed contracts to prove it.
The bank should honor our first agreement for which I have signed contracts. My budget will not sustain these payments for long. This is for land to build on that I feel I was forced to close on yesterday. Earnest money and non-refundable 10% down on house construction had already been payed. What was I to do? lose $10,000 and the land?
I called and talked to a regional manager. His remedy - Payments won't start until April 1. I sincerely hope you can help me work with the bank for the original agreement to be honored.

Farm Credit Of The Virginias Response • Mar 02, 2020

Farm Credit of the Virginias received the complaint from the above mentioned customer on 2/25/20. FCV then immediately tried contacting the customer and investigating the events surrounding the customer dissatisfaction. After our investigation and contact with the customer, we have arrived at a resolution that is agreeable to the customer and FCV. FCV takes our customer concerns seriously and works to make sure we are providing customer service at a high level.

Customer Response • Mar 18, 2020

I have reviewed the response made by the business in reference to complaint ID, and find that this resolution would be satisfactory to me. This has been resolved.

Regards

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Address: 660 Peppers Ferry Rd, Wytheville, Virginia, United States, 24382

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