SunTrust Bank Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account

SunTrust Bank Mortgage department,

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account Georgia

We purchased a home in - and were underwater by - ; received a modification which took months, but eventually had to list the home for sale in -. The process with SunTrust Mortgage took over a year and a half to resolve with them asking for $120000.00 to close. We said we did n't have that so then they asked for $60000.00 ; we could n't do that, but the bank said we would need to sign a promissory note at closing. We felt stuck and did not want to disappoint the buyers, so we agreed. Currently, we are ages - and - and still paying from our pensions on a house we had to short sale in - -. We need some advise and assistance. Thanks.

SunTrust Bank customer in Georgia
Sep 24, 2015

* Source: CFPB Complaint Database

SunTrust Bank response to complaint:
Closed with explanation

Created with Highcharts 4.2.3SunTrust BankComplaint HistoryComplaints12/20111/20122/20123/20124/20125/20126/20127/20128/20129/201210/201211/201212/20121/20132/20133/20134/20135/20136/20137/20138/20139/201310/201311/201312/20131/20142/20143/20144/20145/20146/20147/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/20151/2016051015202530Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3SunTrust BankLoan servicing, payments, escrow account1.2%60.2%12.4%14.5%7.2%4.0%0.5%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow account2.3%80.3%4.0%5.8%1.1%5.1%1.2%0.2%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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