Cardinal Financial Company, LP Mortgage Complaint

Conventional fixed mortgage Credit decision / Underwriting

Cardinal Financial Company, LP Mortgage department,

Conventional fixed mortgage Credit decision / Underwriting New York

- recommended Cardinal financial company to finance a mortgage on a home purchase in - -, Fl. The bank took to long to process the application by holding up the processing over $140.00 non payment of old - bill and it took 4 weeks to appraise the property. The property was under appraised which should have given me the ability to cancel the sale but the appraisal took over 4 weeks to get done and I did not have the ability to cancel the sale. In the end I was forced to take out mortgage insurance on a property in order to to close. Similar properties like mine are selling for $15000.00 more than my property and the bank refuses to take off the PMI

Cardinal Financial Company, LP customer in New York
Mar 22, 2017

* Source: CFPB Complaint Database

Cardinal Financial Company, LP response to complaint:
Closed with explanation

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