Review and analysis of over 2 complaints against Service 1st Mortgage, Inc.
Service 1st Mortgage, Inc. consumers have reported over 2 official complaints related to Credit decision / Underwriting. Out of the 2 consumer complaints against Service 1st Mortgage, Inc., 50% were disputed by the consumer (i.e. the consumer was not happy with how Service 1st Mortgage, Inc. responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Service 1st Mortgage, 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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Service 1st Mortgage, Inc. Mortgage credit decision / underwriting June 1, 2016 - Service 1st is targeting veteran mortgage holders with deceptive advertising and misleading disclosures that grossly underestimate escrow accounts and try to convince veterans to switch from low fixed rates to adjustable mortgages at extremely high costs.... |
Service 1st Mortgage, Inc. Mortgage credit decision / underwriting March 2, 2016 - Receive multiple misleading mortgage refinance letters from Service 1st Mortgage Inc. Letters imply they are from Veterans Administration and /or current mortgage lender. Letters attempt to get you to think they are calling about your existing loan and need to take action on your existing loan. In reality, it is a refinance offer ( at higher rate ) and attempts to mislead consumer about escrow refunds. See attached copy of letter. ... |