Freedom Mortgage Mortgage Complaint

Conventional fixed mortgage Settlement process and costs

Freedom Mortgage Mortgage department,

Conventional fixed mortgage Settlement process and costs North Carolina

Good afternoon. In -/-/- we began a refinance process with our current mortgage company, Freedom Mortgage. Of course, as requested, we submitted all paperwork and documentation as it was requested and in a very timely manner. We were told that we would close on several different dates, all of which never happened. Yesterday we were told that our rate had expired and that we would be responsible for the penalty even though we had followed all of the directions and requests. The penalty would increase our mortgage payment by over $100.00 a month ... .not making any sense to refinance if that 's the case. We were told even though we had done what we were responsible for, we would pay the penalty and there was nothing they could do. Unacceptable

Freedom Mortgage customer in North Carolina
Feb 16, 2016

* Source: CFPB Complaint Database

Freedom Mortgage response to complaint:
Closed with explanation

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