Wells Fargo Mortgage Complaint

FHA mortgage Settlement process and costs

Wells Fargo Mortgage department,

FHA mortgage Settlement process and costs Maryland

I put in an offer on a house which was accepted on -/-/2013. I had already been pre-approved by Military Family Home Loans ( co-owned by - and Wells Fargo ) who was the originator of my loan. I had to constantly re-submit requested documentation due to dealing with - underwriters ''. Additionally, I was never presented with the closing paperwork prior to actually closing on my house. The closing date was set for -/-/2013, and as of - the night before we still had not received the closing paperwork or final amount needed for the down payment. On the day of closing, the paperwork was finally received shortly before closing at -, and I come to find that my monthly payment was increased to $1700.00 a month, approximately 11 % more than the original $1600.00 I was quoted in the Uniform Residential Loan Application/HUD. Upon calling my loan officer, I was informed that the underwriter made a mistake regarding property taxes, and there was nothing she could do. Therefore I had no choice but to close at that time, or risk losing the house.

Wells Fargo customer in Maryland
Jul 09, 2015

* Source: CFPB Complaint Database

Wells Fargo response to complaint:
Closed with explanation

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Contact Wells Fargo

http://www.wellsfargo.com/
(866) 249-3302
[email protected]
420 Montgomery St Frnt
San Francisco CA 94104
Wells Fargo
Wells Fargo

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