Review and analysis of over 19 Conventional Fixed Mortgage complaints against Prospect Mortgage
Prospect Mortgage consumers have reported over 19 official complaints related to Conventional fixed mortgage. Out of the 19 consumer complaints against Prospect Mortgage, 16% were disputed by the consumer (i.e. the consumer was not happy with how Prospect Mortgage responded to their complaint) and 100% were processed in a timely manner. 16% of consumer complaints against Prospect Mortgage resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 5% resulted in non-monetary compensation.
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintStop harassing phone calls, know your rights and what you can do to stop them
Stop Calls
Prospect Mortgage Mortgage settlement process and costs May 25, 2016 - My loan was cleared to close and my mortgage company sent me mydisclosuress. I looked everything over, signed them and returned them. 3 days later I get an email with another set of disclosures with about $ - more in loan fees. They claimed I changed the loan terms to cash out and raised ltv. Nothing changed on our end from the original disclosures I signed numerically to the second set they sent with the fees doubled. I was finally told someone made a mistake on the rate lock and I 'm paying for it. I was forced to close the loan as it was for permanent financing and I absolutely had to cl... |
Prospect Mortgage Mortgage settlement process and costs April 7, 2016 - We bought our first house and closed -/-/-. We used a Loan Officer, - -, from Prospect Mortgage to do our loan for us. We had been in contact with this loan officer in - but had put our home search on hold. A realtor friend had highly recommended her when we had started looking for a house a couple years ago. She had taught a first time homebuyers class and we were so impressed in her ability and willingness to explain and teach us that we sought her out again -/-/- to work with her. In the beginning of our search she was great - always answering the phone, returning ema... |
Prospect Mortgage Mortgage application, originator, mortgage broker August 27, 2015 - Prospect Mortgage, -, SC --is placing a mortgage on -, SC declaring there is no litigation '' related to the property, when indeed litigation has initiated with : -, South Carolina, - - ( - ) --This attorney is a class action firm and their last similar but smaller litigation for the same type of structural defects '' was $200.00 -. Prospect mortgage hopes to place this mortgage denying that any litigation exists, before the litigation is registered in the land records ''. My complaint is this is UNETHICAL at best and perhaps worse. ... |
Prospect Mortgage Mortgage application, originator, mortgage broker June 2, 2015 - The Complainant engaged a lender, Prospect Mortgage, - ( Prospect '' ), to obtain financing on the purchase of a residence. The purpose of this complaint is to notify the CFPB that Prospect has refused to timely fund the Complainant 's loan pursuant to a Letter of Commitment. As a result, and as detailed below, Complainant is likely to incur significant financial damage. Complainant has reason to believe that Prospect does not have sufficient funds available to fund its loan commitments and/or engages in a practice of issuing more loan commitments than it is able to process. The Complainan... |