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Wesley Financial - Mortgage cancellation

jholleran1

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Has anyone used Wesley Financial? What was your experience? And were they able to cancel a mortgage?
 

LannyPC

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jholleran1

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If you had used the Search function here on TUG, you would have found links to these numerous threads about WF:

https://tugbbs.com/forums/search/20798/?q=Wesley+financial&c[title_only]=1&o=date

They all have negative, unfavourable reviews of this company.

BTW, no company, law firm, or charity is able to cancel a mortgage. What are you hoping to accomplish by using WF?
They are claiming they can cancel what we owe on our mortgage. I don't believe them, but curious if, in fact, anyone has had a successful experience.
 

jholleran1

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Why do you ask?
I've understood that you can NEVER get out of your mortgage. Wesley is claiming that they can; so curious if anyone has had success in cancelling or reducing the mortgage amount.
 

TheTimeTraveler

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I've understood that you can NEVER get out of your mortgage. Wesley is claiming that they can; so curious if anyone has had success in cancelling or reducing the mortgage amount.


The best and only way to getting out of your mortgage? Work hard and pay it off.

There are no easy outs on mortgage commitments (other than bankruptcy)



.
 

jonmaiman

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The old adage applies... If it seems too good to be true it probably is.... E.g. While I personally haven't used Wesley Financial it must be a scam of some sort or another. They are promising something that can't be done (cancelling a mortgage).

--Jon
 

Talent312

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The best way out of a mortgage: (1) Deed back; or (2) Refinance it...
1. with a low-interest personal loan, or failing that...
B. with a low-interest mortgage at a credit union or bank.
... (but they'll want to secure it with property of actual value).

See www.bankrate.com
 
Last edited:

Grammarhero

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I got banned from Wesley’s fb, with my comment deleted, for steering a TS owner to a deedback program at a cheaper fee than Wesley. Does this seem like a company that cares about TS owners?
 

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jonmaiman

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Ironically I just heard radio advertisements from them yesterday evening. Maybe there regularly on in my area and it was just selective awareness. Pitch was TS only thing you buy that you don't know the cost upfront and it is never ending. Followed we get you out or you don't pay anything. Standard tactics I guess....

--Jon
 

jholleran1

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