Credit Union Mortgage Association Application, Originator, Mortgage Broker Complaints

Review and analysis of over 4 complaints against Credit Union Mortgage Association

Credit Union Mortgage Association consumers have reported over 4 official complaints related to Application, originator, mortgage broker. Out of the 4 consumer complaints against Credit Union Mortgage Association, 50% were disputed by the consumer (i.e. the consumer was not happy with how Credit Union Mortgage Association responded to their complaint) and 75% were processed in a timely manner. 0% of consumer complaints against Credit Union Mortgage Association resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.

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New Application, Originator, Mortgage Broker Consumer Complaints


Credit Union Mortgage Association Mortgage application, originator, mortgage broker

June 16, 2016 - Dear Sirs, My spouse and I recently applied for a conventional mortgage. We were " pre-qualified, '' made an offer, and obtained a ratified contract. We supplied all documentation requested and answered all questions. One month later, we were denied out of the blue on the sole basis of our student loan balances. We were not informed that 1 percent of our student loan balance would be used as our payment amount. That is not our payment amounts, which are reflected on our credit reports. The 1 percent payment amount is 8 times larger than our actual income-based payment amount. We can easily aff...

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Credit Union Mortgage Association Mortgage application, originator, mortgage broker

April 25, 2015 - I applied for a mortgage for a rental property. Prior to denial they never asked for nor received any verification documents. When I protested not the denial, but the way they had arrived at the decision, they changed loan officers. I then provided tax returns and bank statements as verification of income. I was once again denied. I never received any official documentation as to the application, nor did I receive a denial letter, containing the reasons for denial. I believe I was also supposed to receive something containing my credit score. I have no documentation to upload in support of thi...

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