Review and analysis of over 1 Conventional Adjustable Mortgage (Arm) complaints against Polaris Home Funding Corp
Polaris Home Funding Corp consumers have reported over 1 official complaints related to Conventional adjustable mortgage (ARM). Out of the 1 consumer complaints against Polaris Home Funding Corp, 0% were disputed by the consumer (i.e. the consumer was not happy with how Polaris Home Funding Corp responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Polaris Home Funding Corp resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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Polaris Home Funding Corp Mortgage application, originator, mortgage broker December 3, 2015 - I received an urgent notice about my mortgage in an official looking envelop. This was unsolicited and did not indicate that it was a marketing flyer. It refered to 'guideline changes ' and that I was selected for a 'reduction progarm ' which will 'lower my monthly payment significantly. ' This, it turns out was untrue, but assumed they would pay off my fixed rate loan for a variable rate loan, however, the variable rate was n't much better than my fixed rate and did not amount to a 'signficantly lower payment ' compared to my current mortgage. This letter was alarming, deceptive and felt pred... |