PNC Bank Mortgage Complaint

Home equity loan or line of credit Loan servicing, payments, escrow account

PNC Bank Mortgage department,

Home equity loan or line of credit Loan servicing, payments, escrow account Florida

I have a - mortgage on my principal residence for $130000.00 originated in -/-/- by - - mortgage as an interest-only loan with a 10.25 % interest rate. - - was purchased by PNC Bank in -/-/- and they have been the servicer of my loan since then. I am not currently in a hardship but am unable to refinance my loan because there is approximately $120000.00 in negative equity in my house. I have spoken with every department within PNC and noone is willing help. My monthly interest-only payment is $1100.00. I have paid a little more than $100000.00 in interest as of now and still owe $130000.00.

PNC Bank customer in Florida
Apr 14, 2015

* Source: CFPB Complaint Database

PNC Bank response to complaint:
Closed with explanation

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