BB&T Financial Mortgage Complaint

Home equity loan or line of credit Application, originator, mortgage broker

BB&T Financial Mortgage department,

Home equity loan or line of credit Application, originator, mortgage broker Texas

Over a period a six months, my - mother applied for a large loan from BB & T in -. Over that period my mother was asked to pay for an appraisal fee of over $500.00 and was led to believe that she was in line for the loan. Over a six month period she was, I feel, led on my a young employee at the bank who played to her motherly instincts. While salesmanship is a part of business, my mother spent thousands of dollars on an apartment under false impression it turns out, that the loan was a mere days away. This process cost her thousands of dollars over a six month span. While this is in no way a predatory loan, I feel that my senior citizen was indeed led on by BB & T.

BB&T Financial customer in Texas
Dec 10, 2016

* Source: CFPB Complaint Database

BB&T Financial response to complaint:
Closed with explanation

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