Review and analysis of over 4 Conventional Adjustable Mortgage (Arm) complaints against Prospect Mortgage
Prospect Mortgage consumers have reported over 4 official complaints related to Conventional adjustable mortgage (ARM). Out of the 4 consumer complaints against Prospect Mortgage, 25% were disputed by the consumer (i.e. the consumer was not happy with how Prospect Mortgage responded to their complaint) and 50% were processed in a timely manner. 0% of consumer complaints against Prospect Mortgage resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% 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 July 31, 2016 - In - 2015 I was shopping for my - mortgage. I was negotiating with several lenders. - -, then with Prospect Mortgage, matched an offer from another lender - 20 % down and 3.125 % rate. When I started reviewing the initial paperwork, the numbers looked incorrect. I mentioned to - that I did n't expect to have to bring as much cash to close as the paperwork suggested. - reiterated over and over that lenders are required to overestimate, that the actual amount at closing was going to be significantly less. I continued to express concern with the numbers, but she was incessan... |
Prospect Mortgage Mortgage application, originator, mortgage broker September 22, 2015 - Prospect Mortgage was the mortgage company that we worked with to close on our new construction home. Throughout the build process my wife and I worked extensively with Prospect Mortgage and the home builder to expedite paperwork, timelines, and decisions so that there were no issues with the timeline. We were to close on the property - -, all parties ( Builder, Prospect Mortgage, wife and myself ) knew this date well in advance to that day. Around - -, Prospect Mortgage contacted us and stated that we would not be able to close on - - because the - party Appraisal company... |