GREENPARK MORTGAGE CORPORATION

I went through the entire application process with Greenpark. However, although all my documents were in, the closing was delayed two times. The reasons given changed every time I asked. I was never told the truth or given a straight answer. There was always a vague feeling that something else was going on that they weren't telling me about. In order to keep my interest rate lock, I was told that I would have to pay at least $800. Yet the reason my interest rate lock was about to expire was their delay in the closing date! Both real estate agents, the developer/seller, and my lawyer were baffled with the delays for what they in their professional opinion should have been a 'no brainer' mortgage. I didn't wait for my closing to be postponed a third time and went with another lender at the eleventh hour. They processed and approved my application and scheduled a closing in less than two weeks. Something Greenpark despite their promises, could not do in two months. The final straw was when Greenpark refused to cooperate with my new lender in releasing the appraisal report for which I had paid. Since both lenders used the same appraisal company and my first appraisal was less than a month old, my new lender was willing to use the original appraisal in order to speed up the process and save me from having to pay for a second appraisal. The appraisal company agreed to waive the fee for a second appraisal as long as Greenpark would 'release' the report. But Greenpark would not agree to release the report, citing an outdated law among other excuses. I know they were giving me the run around when I consulted with the appraisal company itself as well as other mortgage companies about protocol. Greenpark finally relented only after my lawyer talked with the owner of Greenpark. In the end, I wish I had never called Greenpark Mortgage. Because of this debacle, I wasn't able to close until five weeks after my original closing date. In the meantime, I had to move out of my rental and put all my possessions into storage, while sleeping on the couches of friends.

DID A GREAT JOB AND THEY HAVE SPECIAL DISCOUNTS FOR MA TEACHERS WHO ARE MEMBERS OF THE MTA THAT SAVED US HUNDREDS OF DOLLARS TO CLOSE ON OUR HOUSE.