LoanDepot Mortgage Complaint

VA mortgage Loan servicing, payments, escrow account

LoanDepot Mortgage department,

VA mortgage Loan servicing, payments, escrow account California

We refinanced our home ; we paid the principal and interest for -, - and - ; we went into escrow in - so did n't pay the - mortgage payment ( closing escrow today ). The payoff information Loan Depot provided includes interest for -, even though we already paid it. I am trying to get them to see that this is - payment. The representative I talked to said we were paying the principal and interest in arrears, but that is incorrect : we always pay the principal in advance - industry-wide practice. Thus, they did n't bill us for the - principal but just for the - principal and interest AND - interest. When I called two weeks ago the woman I spoke to agreed with me and promised a corrected closing information to the escrow company but it still included the - interest. This is over $500.00 and a burden to senior citizens so I want the money back. Can you help?

LoanDepot customer in California
May 13, 2015

* Source: CFPB Complaint Database

LoanDepot response to complaint:
Closed with explanation

Created with Highcharts 4.2.3LoanDepotComplaint HistoryComplaints11/20121/20137/20138/20139/201310/201311/201312/20132/20144/20145/20149/201410/201411/201412/20141/20153/20154/20155/20156/20157/20159/201510/201511/201512/20151/20162/20163/20164/20165/20166/20167/20169/201611/201612/20161/20172/20173/201702468Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3LoanDepotLoan servicing, payments, escrow account100.0%Closed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow account2.3%80.3%4.0%5.8%1.1%5.1%1.2%0.2%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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