Washington Federal Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Washington Federal Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account Washington

I have a mortgage with Washington Federal bank. I do not have any other account with them. I would like to make extra principal payments against my mortgage. I would like to make these extra principal payments online like I do all other payment transactions at other financial institutions. It is convenient and flexible with respect to timing and amount. Washington Federal does not allow making payments online against a mortgage account. I do n't understand how a large financial institution can not allow online payments. The only way I can pay down my mortgage principal is to mail in a cheque or to visit a branch. I feel that Washington Federal is purposely making it inconvenient to pay down my mortgage so that they can collect more interest.

Washington Federal customer in Washington
Mar 12, 2016

* Source: CFPB Complaint Database

Washington Federal response to complaint:
Closed with explanation

Consumer disputes how Washington Federal handled their complaint

Created with Highcharts 4.2.3Washington FederalLoan servicing, payments, escrow accountSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow accountSource: Consumer Financial Protection Bureau

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