Fifth Third Bank Mortgage Complaint

Conventional fixed mortgage Application, originator, mortgage broker

Fifth Third Bank Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker Illinois

I live in - I recently applied for a refinance loan with 53 Bank to combine my mortgage and equity loan together for a lower interest rate. I have had my mortgage and equity loans with 53 Bank for over - years. 53 Bank recently ( -/-/2015 ) did an appraisal of my home with a company - - located in -. The appraisal valued my home at $60000.00. The appraisal appeared to be based on foreclosed properties and/or condo properties. At one time 53.com appraised my property at $140000.00, a couple of years ago at $120000.00. My complaint is that I feel that 53 Bank uses improper appraisals to deny mortgage loans in my area

Fifth Third Bank customer in Illinois
May 22, 2015

* Source: CFPB Complaint Database

Fifth Third Bank response to complaint:
Closed with explanation

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