Homebridge Financial Services, Inc. Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Homebridge Financial Services, Inc. Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account Texas

Our mortgage was sold to Homebridge from -. After our escrow account was audited in -, we received notice that we had over a $3000.00 shortage, which is fine, however, they also wanted to add a $2500.00 cushion to our account, effectively raising our fixed rate conventional loan mortgage $450.00 a month. Despite multiple calls, and inquires, I was never given satisfactory information. Under my account online, it shows that there is no escrow information, so I am unable to keep up with PMI and other information. We asked to pay down our mortgage and dissolve our escrow account, they said that Homebridge 's " rule '' is that there are only - states allowed to do that, and Texas is not - of them. In - place their website says that you can pay down your mortgage, pay an escrow fee, and not have an escrow account, another area of the website says " no unless specified by law. " We were never given solid information, just told we had to pay or else. No one could justify or verify anything. It is very scary.

Homebridge Financial Services, Inc. customer in Texas
Apr 12, 2016

* Source: CFPB Complaint Database

Homebridge Financial Services, Inc. response to complaint:
Closed with explanation

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