Citimortgage, Inc
Escrow account/payment increase

Citimortgage, Inc. Didn't follow the initial Escrow Routine which was using the unique loan once they purchased our mortgage. They didn't place enough money into escrow, had additional money since risk insurance was $243.00 significantly less than initial quantity mentioned within the mortgage, can't and certainly will not take into account that cash. Simply because they didn't place enough profit the Escrow account, our mortgage cost went up nearly $200.00 per month. I had been underneath the impact they have to check out the initial conditions of the mortgage upon getting it. Additionally, we requested financing change simply to discover we weren't entitled to one till we were three or four funds behind; we didn't wish to drop behind and get into foreclosure. After getting incorrect data from many Citimortgage repetitions, we wound up placing our house within our Section 7 Bankruptcy since Citimortgage left us no option. These were not being truthful around. The worthiness of the house transpired and we were scared they may punch us having a deficiencey mortgage. We'd have attempted to save lots of the house, but we experienced that people could not trust Citimortgage, Inc. Today, we simply require sometime to conserve money to lease.

Company: Citimortgage, Inc
Country: USA
State: Illinois
City: Crest Hill

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