CIT Bank National Association Mortgage Complaint

Reverse mortgage Loan modification,collection,foreclosure

CIT Bank National Association Mortgage department,

Reverse mortgage Loan modification,collection,foreclosure South Carolina

My mom took out a reverse mortgage with Financial Freedom. She will lose her house in court due to foreclosure. Financial Freedom gave her a $220000.00 mortgage in -/-/- for a house that was appraised at $130000.00 in -/-/-. Financial Freedom also used houses that are not comparables. They are in a more prestigious neighborhood. It also appears they charged her fees that are not consistent with those on your site including surveying her property which was not surveryed when she bought it 2 year earlier. It appears they also charged her fees in excess of the.- % loan orginiation. Everything they have done is horrible. How can they possible steal money

CIT Bank National Association customer in South Carolina
May 13, 2016

* Source: CFPB Complaint Database

CIT Bank National Association response to complaint:
Closed with explanation

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