USAA Savings Mortgage Complaint

Home equity loan or line of credit Loan modification,collection,foreclosure

USAA Savings Mortgage department,

Home equity loan or line of credit Loan modification,collection,foreclosure New Jersey

In - or - we contacted our second mortgage company requesting a modification with regard to our second mortgage with USAA Federal Savings Bank, the bank advise us that we did not need to request mortgage modification in order to maintain our lower interest rate due to the SCRA. We were to obtain a modification on our first mortgage with - - - mortgage. USAA Federal Saving Bank is telling us they are not offering any modification or refinancing regarding our secondary mortgage in order to lower higher current rate now of 8.5 %, after they told us we did not need to, and our rate would remain at 4 %.

USAA Savings customer in New Jersey
May 20, 2016

* Source: CFPB Complaint Database

USAA Savings response to complaint:
Closed with explanation

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