Cornerstone Home Lending Inc. Loan Servicing, Payments, Escrow Account Complaints

Review and analysis of over 12 complaints against Cornerstone Home Lending Inc.

Cornerstone Home Lending Inc. consumers have reported over 12 official complaints related to Loan servicing, payments, escrow account. Out of the 12 consumer complaints against Cornerstone Home Lending Inc., 0% were disputed by the consumer (i.e. the consumer was not happy with how Cornerstone Home Lending Inc. responded to their complaint) and 100% were processed in a timely manner. 8% of consumer complaints against Cornerstone Home Lending Inc. 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 Loan Servicing, Payments, Escrow Account Consumer Complaints


Cornerstone Home Lending Inc. Mortgage loan servicing, payments, escrow account

November 23, 2016 - I have requested through my current lender that I would like the PMI removed from my current loan and have had difficulties in getting this resolved. I finally received a letter from them and it required me to pay a $470.00 fee for an appraisal. I paid this fee and have waited and just received an email stating it will now cost $1400.00 for an appraisal to see if the value on my property has increased to remove the PMI. This is not acceptable....

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Cornerstone Home Lending Inc. Mortgage loan servicing, payments, escrow account

April 12, 2016 - I received an escrow disclosure statement from my mortgage company, Cornerstone Lending, letting me know that my escrow account is in arrears by $8000.00, giving me - options to resolve the issue, 1 is to pay the $8000.00 in full or spread over 12 months thus making my new monthly payment $2700.00 beginning -/-/16. This is the first time I 've heard of my escrow shortage and I have less than a month to start paying this new amount since I do n't have $ - I can just pay in 1 lump sum. I do n't have the ability to make a - dollar payment for the next 12 months either. Talk a...

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Cornerstone Home Lending Inc. Mortgage loan servicing, payments, escrow account

February 26, 2016 - My mortgarge was sold from - - - - - immediately to Cornerstone Lending. My first issues began when I paid my shortage amount in - 2015. I paid in plenty of time for it to be applied to my account. My bank statement showed Cornerstone cashed my check on - -. I called to make sure the payment had been applied, I was told it had not been as of -/-/-. I had to call back in a few days to make sure, which I did. I was told a few days later that the amount was applied and my new payment would be -. They did not credit my account which resulted in the wrong amount bein...

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Cornerstone Home Lending Inc. Mortgage loan servicing, payments, escrow account

November 18, 2015 - An impound escrow was placed on my account due to unpaid taxes from the previous owner. I 've since paid the taxes to remove the escrow. I do expect a refund of that amount, but it is n't the source of this complaint. The escrow remains. After - hours on the phone over the past six weeks, I still have not received any of the promised calls from a supervisor. My mortgage payment has doubled, and there is no one I can talk to. ...

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Cornerstone Home Lending Inc. Mortgage loan servicing, payments, escrow account

November 11, 2015 - 9 months after closing my loan I get a - package. They need me to re do my loan, because them and FHA do n't agree on the appraisal and FHA wo n't finalize the -, so they can resell it to a - party. They expect my payment to go up, me to pay additional closing costs, and for me to get no credit for the last 9 months of payments. I get no phone call, no letter, just a package in the mail and no instructions. ...

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Cornerstone Home Lending Inc. Mortgage loan servicing, payments, escrow account

April 17, 2015 - Regarding : Cornerstone Home Lending - - -, NJ -Website : - Account Overcharge : Cornerstone Home Lending is the servicer of my home loan. I made my - payment on my new construction home in -/-/2014. My local bank sold my loan to Cornerstone soon after I closed on my loan. In -, The - County, T- Appraisal district Chief Appraiser came to my home, measured it and gave me an estimated tax amount. In - of -/-/2014, Cornerstone paid my taxes of $2400.00. Since I had been paying an estimated '' amount of $500.00 / month since my - payment, Cornerstone sent me ...

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