Universal American Mortgage Company, LLC Conventional Adjustable Mortgage (Arm) Complaints

Review and analysis of over 1 Conventional Adjustable Mortgage (Arm) complaints against Universal American Mortgage Company, LLC

Universal American Mortgage Company, LLC consumers have reported over 1 official complaints related to Conventional adjustable mortgage (ARM). Out of the 1 consumer complaints against Universal American Mortgage Company, LLC, 0% were disputed by the consumer (i.e. the consumer was not happy with how Universal American Mortgage Company, LLC responded to their complaint) and 100% were processed in a timely manner. 100% of consumer complaints against Universal American Mortgage Company, LLC resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.

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New Conventional Adjustable Mortgage (Arm) Consumer Complaints


Universal American Mortgage Company, LLC Mortgage settlement process and costs

January 17, 2016 - During the purchase of our home, we completed and finalized a mortgage loan with UAMC. After it was finalized, UAMC realized they made an error and could not sell the loan to a - party. They then asked us to please do them a favor and refinance the loan. UAMC would cover all expenses so we would have no out of pocket fees and then they would be able to sell the loan. I was told in writing, numerous times, that we would not have to come out of pocket for ANYTHING. On the day we were to sign the papers, the notary told us we owed $1600.00. Prior to signing anything, we called the loan off...

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