Conventional fixed mortgage Loan servicing, payments, escrow account
Santander Bank US Mortgage department,
Conventional fixed mortgage Loan servicing, payments, escrow account Massachusetts
We recently requested that Santander Bank ( our mortgage holder ) would suspend the escrow account requirement for property taxes on our mortgage loan. At the time of our signing, we were told we could apply for such a waiver in 2 years after good standing on our loan. When we applied for the waiver in due time, we were informed of a fee of - of our mortgage balance equaling $460.00. This fee is unexplained, inappropriate and unfair. At no time at our signing or in our phone conversations with the bank was such a fee described or explained.
Santander Bank US customer in Massachusetts
Oct 31, 2015
* Source: CFPB Complaint Database
Santander Bank US response to complaint:
Closed
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