The Money Source Inc Mortgage Complaint

FHA mortgage Loan servicing, payments, escrow account

The Money Source Inc Mortgage department,

FHA mortgage Loan servicing, payments, escrow account California

A copy of the email I sent to Money Source and as of this writing, I have not received a response. Is it legal to add more $ $ $ to the property tax for escrow when the property tax did not go up and the amount was correct on the final docs? When prior to refinance all the amounts were correct but after refinance the amount is not correct. My property taxes are $4500.00 for the year. Spoke to a representative on the - -, 2016 who said the amount will be adjusted to reflect the correct amount of property taxes being for escrow. When called today the representative stated someone overrode it. I refinance in - 2016 with the same company, TheMoneySource. Below reflects prior to - 2016 and now : 3.875 %. 3.25 % Principal $580.00. $570.00 Interest. $1100.00 $950.00 Escrow. $660.00. $890.00 Total. $2300.00. $2400.00 Final docs : See attached few pictures There are - pages with different figures for the estimate which I asked the notary and since the correct amounts were on other forms of the documents she figure it was a mistake Ridiculous. Instead of more money going to principal someone added it towards my escrow ( taxes and insurance ) and my taxes did not go up. I 'm paying more

The Money Source Inc customer in California
Jan 18, 2017

* Source: CFPB Complaint Database

The Money Source Inc response to complaint:
Closed with monetary relief

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints

{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}}

{{x.COMPLAINT_WHAT_HAPPENED | preview}}...

Read more