Stonegate Mortgage Corporation Mortgage Complaint

FHA mortgage Settlement process and costs

Stonegate Mortgage Corporation Mortgage department,

FHA mortgage Settlement process and costs Florida

I am in the process of closing on a FHA mortgage and I am financing the MIP. So instead of my loan amount being $200000.00 it is now $200000.00 including the - % MIP charge. But I received my Closing Disclosure ( - - and although I am financing the - % MIP, They are still asking me to bring that amount of money to the closing table. Can you please advise before I sign the closing disclosure and close on this loan. Thank you very much.

Stonegate Mortgage Corporation customer in Florida
Dec 22, 2016

* Source: CFPB Complaint Database

Stonegate Mortgage Corporation response to complaint:
Closed with non-monetary relief

Created with Highcharts 4.2.3Stonegate Mortgage CorporationComplaint HistoryComplaints7/201410/20144/20155/20156/201510/20151/20165/201612/20163/201700.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Stonegate Mortgage CorporationSettlement process and costs50.0%8.3%41.7%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageSettlement process and costs2.8%76.1%6.4%6.3%1.1%5.3%1.5%0.4%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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