Review and analysis of over 43 Conventional Adjustable Mortgage (Arm) complaints against BMO Harris
BMO Harris consumers have reported over 43 official complaints related to Conventional adjustable mortgage (ARM). Out of the 43 consumer complaints against BMO Harris, 33% were disputed by the consumer (i.e. the consumer was not happy with how BMO Harris responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against BMO Harris resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 2% 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
BMO Harris Mortgage application, originator, mortgage broker April 12, 2017 - I submitted a mortgage application with a mortgage banker, - -, who works at the - - Branch of BMO Harris Bank ( - - - - -, -, MN - ). He mishandled the application so badly that we would have been unable to close on our home at the already agreed upon date. As a result, we withdrew the application and secured a mortgage through another bank. The current issue I have is that - - and BMO Harris Bank ( including his supervisor, - -, and the branch manager, - - ) refuse to return my $490.00 application deposit. As unprofessionally as my applica... |
BMO Harris Mortgage loan servicing, payments, escrow account May 4, 2016 - BMO Harris Bank in Wisconsin called me today. The collections dept representative claimed that the mortgage was overdue by 3 months. This issues has been previously resolved twice. The account was set on auto payment. It is a variable rate. The payment increased by $1.00 and the auto payment failed to make the adjusted monthly amount. The system they use then automatically claims the account has not been paid. The technical errors were corrected. Then it happened again, the apparently do a system restore and all the past problems are brought back. I received a call today stating the account ... |
BMO Harris Mortgage loan servicing, payments, escrow account April 26, 2016 - We have a first mortgage with BMO Harris bank. This mortgage was first issued in -/-/-, and was acquired by BMO Harris bank through a series a bank mergers and acquisitions. As a side issue, my wife and I filed for bankruptcy in -/-/-. We did not reaffirm the mortgage debt, but continued to make timely payments as our intention was to keep the property. Shortly after BMO Harris acquired our mortgage, they stopped sending us monthly mortgage statements. Because it is an adjustable rate mortgage with property taxes escrowed, the monthly amount due changes frequently, at least twice ... |
BMO Harris Mortgage application, originator, mortgage broker April 25, 2016 - i applied for a loan the loan officer looked up the credit score and told me the score was at - was to low to refinance but when i looked it up on experian i took the - scores over to the branch bank they sent it to the loan dept it was at - how is that different also the bank sends me papers to sign thing to me the loan went though but it did't that 's not costumer service the branch bank said it should go though ... |
BMO Harris Mortgage loan modification,collection,foreclosure January 28, 2016 - Last month after - and before - a voicemail was left for me on a co-workers line by a representative of BMO Harris Bank. My supervisor listened to the voicemail because my co-worker was out of the office and she gave me the message. I called BMO that day and told a representative what had happened and that I could not get these types of phone calls at work. I wanted to talk to whoever it was that had called, but after putting me on hold for over 10 minutes I had to hang up, since I was at work. This morning my co-worker hands me message slip. BMO has again called me at work and left a vo... |
BMO Harris Mortgage loan servicing, payments, escrow account January 11, 2016 - My Mortgage with - was sold to BMO Harris Bank in - of -. I have never had an escrow account as part of my loan agreement as I originally paid 20 % against the sale value of my house. After my mortgage was transferred I continued to pay my monthly payments as usual until I received a statement in - of - where it indicated that BMO Harris paid my year end property taxes and Homeowners insurance. On top of that they paid - dollars more against my property taxes then the actual cost. All property taxes were current and on top of all this I had paid my property taxes and Homeowne... |
BMO Harris Mortgage loan modification,collection,foreclosure September 3, 2015 - I am seeking your help because my mortgage company is refusing to help me avoid foreclosure, it is now over 9 months since I was laid off and bmo Harris bank told me that they were going to help me modify my loan. Now after several months under review working -, they just told me that they are not going to help me avoid foreclosure because it is not on the best interest of the investor to help me or my familyPlease help!!!!!!! - - ... |
BMO Harris Mortgage credit decision / underwriting July 15, 2015 - I applied for a - mortgage with BMO Harris ( 25 % personal cash down payment ) and was denied given the reasons of Limited Credit Experience '' and Unable to Verify Income. '' I have a - imperial score, provided all information requested including source of funds, -, and employer letter with my start date of -/-/- that included compensation. I have history of credit cards paid in full, vehicle loan, as well as continuous employment since graduation from - in -/-/- and after a 1 Yr - from - University in -/-/-. I feel my application was denied because of racia... |