Universal American Mortgage Company, LLC Va Mortgage Complaints

Review and analysis of over 9 Va Mortgage complaints against Universal American Mortgage Company, LLC

Universal American Mortgage Company, LLC consumers have reported over 9 official complaints related to VA mortgage. Out of the 9 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. 11% 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 Va Mortgage Consumer Complaints


Universal American Mortgage Company, LLC Mortgage application, originator, mortgage broker

March 19, 2017 - - and - were in the process of buying a property in -, Florida. The process started around the beginning of -/-/- and lasted until -/-/-. The mortgage company was Universal American Mortgage Company ( UAMC ), and the loan officer that handled the loan was -. The entire process lasted around 4 months. It lasted so long that we needed to provided the same information ( updated ) over, and over again. - was -, she was put on - around -/-/-. She had a - on -/-/- and was put on bed rest as well, she was - weeks -. Her - was going to last until th...

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Universal American Mortgage Company, LLC Mortgage loan modification,collection,foreclosure

November 30, 2016 - Universal American Mortgage Company , LLC ( UAMC ), committed multiple violations of CFPB and Federal Regulations during my evaluation for Loss Mitigation Workout options. The application contained inaccurate financial information, which differed from the evidence submitted and was not discovered or properly reviewed. There was a violation of dual-tracking as well. After being denied for Loss Mitigation Workout, I appealed the decision within the allotted time ( 30 days ). While reconsidering loss mitigation options following the acceptance of my appeal, UAMC 's lawyers submitted a Motion for ...

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Universal American Mortgage Company, LLC Mortgage credit decision / underwriting

March 1, 2016 - I am a - veteran with a service connected 90 % - rating. Last year in - we went looking for a new home. For two years, I had been working on my credit reports. I repaired a lot of issues and once my scores went above the required -, my wife and I went home shopping. Across the street from our church and daughters school was a new home subdivision just going in. It was being built and constructed by -. In - of 2015 we found our home and through -, contacted the mortgage company called UAMC ( Universal American Mortgage Company ). They immediately approved us and we signed a...

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Universal American Mortgage Company, LLC Mortgage credit decision / underwriting

October 23, 2015 - Our mortgage lender qualified us for a 5/1 ARM VA Jumbo 100 % financing loan at 3.125 % interest for $590000.00. On -/-/2015 we opened up escrow on a home. 12 days before our close date ( -/-/15 ) our mortgage lender contacted us via telephone to inform us that we have been approved for our loan ; however not the initial 5/1 ARM VA Jumbo loan- unless we were to put 25 % down of the difference from $410000.00 and our purchase price. Our lender stated that we are able to receive a fix rate 30 year mortgage at the interest rate of 3.875 % without any lender credit or an interest r...

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