SunTrust Banks, Inc. Mortgage Complaint

Conventional fixed mortgage Application, originator, mortgage broker

SunTrust Banks, Inc. Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker North Carolina

In -/-/- I contacted my mortgage company SunTrust to inquire about refinancing because I had moved into my rental townhouse which was now my primary residence. I received an estimate and was told I would have no closing costs and only would need to bring that month 's payment ( -/-/- ) to closing. Later they came back saying I needed a $500.00 appraisal which I paid for. Throughout the process they repeatedly asked for documents I had already given them and even up until last week, I was still being asked where I lived! After much delay and - I finally was given a closing date of -/-/-. Today, after I asked for the cost to close, I was sent a revised estimate of $5000.00! I was told they had originally done the estimate with my townhouse as a single family home. The appraisal clearly stated as did ALL other documentation that my residence is not a single family home. It is no longer worth doing the refinancing at all and all they can say after every mistake they have made is " sorry ''. I wasted $600.00 in fees to date.

SunTrust Banks, Inc. customer in North Carolina
Dec 16, 2016

* Source: CFPB Complaint Database

SunTrust Banks, Inc. response to complaint:
Closed with monetary relief

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