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Is the mortgage company ripping me off?

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Junior Member
My husband and I just refinanced from a 3 year ARM (which we were told it was NOT a negetive interest loan and it was) to a fixed 30year. In the process of this, the old morgage company sent a settlement statement that I did not see untill after the mortgage was complete. They used our escrow balance to pay off the balance which I was expecting to get back. Since the escrow account was a seperate account from the loan. Do they have the right to do that???????[/FONT]
Then the settlement statement calculated interest through to the end of the month (31st) and the loan was funded to them on the 14th. This was confirmed to me by someone at the mortgage company. But they also said they would take 14-15 days to process the finalization of the loan. Basically they are trying to get the 6 days of interest that they are not intittled to. Is this leagal??? Please let me know what my rights are as an inocent buyer.:confused:

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