Arbor Residential Mortgage LLC Mortgage Complaint

Arbor Residential Mortgage LLC Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account California

To whom it may concern, In -/-/- I refinanced my mortgage on my home for a better rate. This cost a good amount of money up front and I took a great deal of time in selecting the best option and company to purchase this new mortgage from. I eventually came to an agreement with - and received a Good Faith Estimate and moved froward with a refinanced loan I was happy with, though expensive to acquire, it was with -. Around -/-/- I was informed my monthly payment was increasing by $180.00 due to a shortage of escrow. My mortgage has escrow since my home is worth less than I paid for it. The problem with this increase is my taxes and insurance have only decreased over the years, not increased. So why should my monthly payments increase. Actually my taxes did go up, $3.00 per year, my insurance went down around $20.00 a year. I 'm thus disputing any changes and request my loan monthly payments to remain as is. Thank you, - --