Review and analysis of over 4 complaints against Paramount Residential Mortgage Group, Inc.
Paramount Residential Mortgage Group, Inc. consumers have reported over 4 official complaints related to Credit decision / Underwriting. Out of the 4 consumer complaints against Paramount Residential Mortgage Group, Inc., 50% were disputed by the consumer (i.e. the consumer was not happy with how Paramount Residential Mortgage Group, Inc. responded to their complaint) and 100% were processed in a timely manner. 50% of consumer complaints against Paramount Residential Mortgage Group, Inc. resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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Paramount Residential Mortgage Group, Inc. Mortgage credit decision / underwriting June 23, 2016 - It has been 10 weeks since I applied for a mortgage loan with PRMG. We have gotten nothing but the run around. My file was escalated to the branch manager, who told me I had been denied due to collections. I informed the branch manager that was wrong, and provided evidence to prove I do not have the number of collections he said I did. Branch manager never returned my call. My file was then escalated to the VP and he was able to remove my file out of the denial state and told me they would be working on it. Now we are dealing with the underwriter not calculating the condominiums association re... |
Paramount Residential Mortgage Group, Inc. Mortgage credit decision / underwriting June 8, 2016 - -/-/2016 I applied for a loan with Paramount Residential Mortgage Group based out of -, Ga. I was mislead in thinking that my loan would be approved by the local loan officer. He kept informing me that we will close your loan. With his confidence, I put money down on a home, paid for an inspection and an appraisal. To my dismay about six days before the projected close date on the contract, he pulls the plug and gives a denial. I feel that an act of detrimental reliance has occurred. I lost money based on his advice. ... |