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I asked about just adding me to the title at Settlement personal loan apr average I was told by the Loan Officer that it was not a good idea to do so. I was extremely wary of this whole transaction, and about 3 days before Settlement (by MUCH prodding from my Fiance and his Loan Officer), I FINALLY told my Bank to wire the money to my Fiances parents.
Approx. 24 hours before my Fiances Settlement, I was then told by my Fiance that he nor his Parents could pay me back. I flipped. Then he tells me that the Loan Officer told him that he could put me on the title to the house, within 3-6 personal loan apr average after the Loan closed so I wouldnt be so worried.
I was upset, but I couldnt dispute the Wire Transfer with my Bank, in time…. to have them reverse it, and to STOP Settlement. I bit the bullet, held my breathe and KNEW I made a horrible mistake.
These people committed Mortgage Fraud, and conned me out of my money, to help my Fiance get a Mortgage with MY MONEY.
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