Conventional adjustable mortgage (ARM) Settlement process and costs
Cardinal Financial Company, LP Mortgage department,
Conventional adjustable mortgage (ARM) Settlement process and costs Washington
We went through the whole process and I got the final approval. However, in the final paperwork I found out that my fees increased by $2600.00, and there was no notice or communication from my loan officer. When I finally got hold on my mortgage officer ( on the day I was supposed to sign ), she explained that the change is due to the fact that my property is formally considered a condo, not a townhouse - and it 's my fault that I did not know the difference and mislead them. In my case, the lender knew that this was a condo from the appraisal report that came 20 days ago. Looking back, I realized that the lender never gave me the actual rate lock document, just the itemized fee worksheet.
Cardinal Financial Company, LP customer in Washington
Oct 07, 2015
* Source: CFPB Complaint Database
Cardinal Financial Company, LP response to complaint:
Closed with monetary relief
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