Banco Popular North America Mortgage Complaint

Home equity loan or line of credit Loan servicing, payments, escrow account

Banco Popular North America Mortgage department,

Home equity loan or line of credit Loan servicing, payments, escrow account California

I had an equity line of credit with Banco Popular. In -/-/2011 I was granted a discharge of debt the equity line of credit was not part of the BK. For the past 9 months I have been working on the credit so that I could re finance the house. Banco Popular had to be paid off in order for me to have any hope of getting a loan. Over the course of several months I was able to negotiate a payoff and a promissory note. I gave them $ - and agreed to a no interest payback for a fixed amount over 36 months. The balance after making - more payments was $10000.00. My refinance lender told me that we could go ahead with the refinance, however he could not get BP to send a payoff amount. After several weeks - sent a letter asking for a few - dollars more that I agreed to pay in the promissory note. When I challenged them on it, they revised the amount of the payoff but told me that they were going to issue a - for the difference. During my escrow period I received a statement from - reflecting my payments and the amount due almost $ - dollars more than the amount we agreed to in the note.

Banco Popular North America customer in California
Dec 09, 2016

* Source: CFPB Complaint Database

Banco Popular North America response to complaint:
Closed with non-monetary relief

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