Business ProfileforButler Mortgage Inc.

Butler Mortgage got me approved for 1 year fixed mortgage with one of the leading banks. They sent me the paperwork via ********. I didn't sign it for a day or two. I got an email from them advising me that by signing this you are just locking the rates and they will continue to shop around for me for better rates. I signed it without knowing that I was entering into their service agreement which says I will get charged $750 if I don't get the mortgage from them. Initially the appraisal fees was around $350 and after the appraisal was done, they appraisal company said that I have to pay around $500 as my home was bigger. When I asked Butlar they said it's appraisal company not them. I ended up paying $500 plus taxes. I wanted the loan money at the end of the month and asked them to change the date from the 1st of the month to the end of the month as I didn't want to pay mortgage interest for the full month. The interest was around $5K. They didn't change the date for me. They never shop around for you once you sign the paperwork. I did it myself and got better rates from another big bank. When I called the Senior Mortgage Broker and told him about the better rate, he mentioned that I got the better rate for 2 years, not 1 year term so I was in breach of their service agreement. He asked me to pay them $750. This is misrepresentation of facts. Rather than matching the rate his answer was to pay them $750. The service agreement doesn't clearly mention that I have to get the better rate for the same term. They sent me another email and asked for the money, which I denied based on the above facts. They ********** me to take me to Small Claims Court.