Cardinal Financial Company, LP Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Cardinal Financial Company, LP Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account North Carolina

I bought a house in -, refinanced at $320000.00 with Cardinal Financial in -. Assessed value was $340000.00. Made improvements to the house that resulted in a higher value. Cardinal Financial sent out an appraiser on my cost. The appraisal came back at $400000.00. Cardinal Financial has in their eligibility criteria a minimum seasoning requirement that is waived if improvements are made resulting in a higher appraisal value. They are now refusing to waive the seasoning with the excuse " How do we know the improvements resulted in the higher appraisal? ''

Cardinal Financial Company, LP customer in North Carolina
Sep 09, 2016

* Source: CFPB Complaint Database

Cardinal Financial Company, LP response to complaint:
Closed with explanation

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