Sun West Mortgage Company, Inc. Mortgage Complaint

VA mortgage Loan servicing, payments, escrow account

Sun West Mortgage Company, Inc. Mortgage department,

VA mortgage Loan servicing, payments, escrow account Ohio

SUNWEST MORTGAGE. Roof damages and my insurance carrier ( - ) approved a full roof replacement. I had to inform mortgage Company Sunwest about this because the repair check was a 2 party check to me and mortgage company. After filling out all the paperwork, Sunwest informs me that they will keep up to $150.00 of the contractors money so they can pay their own inspector to come make sure work is completed. I spoke to my loan officer and my insurance carrier and neither has ever heard of this practice. I look at all my loan docs when I signed with Sunwest, and no paperwork shows that if I have an insurance claim that Sunwest will basically take a deductible out for an inspection. Now, I am going to have to owe the contractor up to $150.00 plus my deductible. Sunwest, stated they do this for the Safety of my family. They will not budge on this. I tried to even explain to them that we purchased a Permit through the county and they actually have an inspector come out and I could just forward them over the county info when completed. Sunwest said no and will still be withholding money from the repair check for their own inspector. I feel this is a shady practice and when looking for a mortgage carrier, would have never signed with them if I knew that I would be charged a fee if I have an insurance claim.

Sun West Mortgage Company, Inc. customer in Ohio
May 16, 2016

* Source: CFPB Complaint Database

Sun West Mortgage Company, Inc. response to complaint:
Closed with explanation

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