BMO Harris Mortgage Complaint

BMO Harris Mortgage department,

Home equity loan or line of credit Loan servicing, payments, escrow account Indiana

I took out a - mortgage line of credit a number of years ago through - - - Bank. I paid every payment on time. - - - Bank was bought out by BMO Harris Bank several years ago. The line of credit loan continued as it had with - & - Bank. I continued to make payments on time, never falling short even one time. In the fall of - I received a letter from BMO Harris bank stating they were discontinuing this type of loan and called the note due in - -. Even though we were very ill prepared to refinance, we took the fall to attempt to prepare our home and our finances for this transition. I went - Bank to secure a mortgage to pay off my - mortgage and the note demand from BMO Harris. When our home appraised for less than we hoped, we had to shift to a - and - mortgage.


Bank several times in this matter and they insist on charging this exorbitant fee. Large businesses such as these have a big advantage over the general public. They can bully the average consumer like me since I have no resources to battle against them. I struggle from paycheck to paycheck while they simply expect me to fork over an additional $900.00. This is a predatory practice that should not be allowed. I have faithfully paid my - & - mortgage on time, every time to - Bank since. I do find it very strange that a company that I never seeked to do business with now has a stranglehold over my life and finances. To a normal middle class working family, this seems mighty unfair. I would appreciate some intervention in the matter. Thank You - - - --