Usacomplaints.com » Business & Finance » Complaint / Review: Wells Fargo Refinance - Wells Fargo holding my mortgage hostage. #629918

Complaint / Review
Wells Fargo Refinance
Wells Fargo holding my mortgage hostage

Never use Wells Fargo to acquire your mortgage. I'd been a faithful client for more than 10 years with exemplary credit (more than 800) and also have never missed a cost. I've known clients to Wells Fargo previously, but after my current encounters I'll never again. After buying another condo in ny many years ago by having an interest-rate of 5.75% I'd the opportuinity to refinance roughly 24 months ago. It took weeks for that procedure to obtain finished just for Wells Fargo to return and state that my co-op didn't possess the necessary quantity of insurance to qualify my mortgage for replacing. Firstly, I currently experienced my loan with Wells Fargo what exactly danger were they getting by replacing my mortgage? Subsequently, no additional lender seemed to have any difficulties with replacing loans in my own co-op. The only real cause I will think about is the fact that it had been solely a company choice to preserve me spending in a higher level. Because that encounter I determined lately to refinance at HSBC provided used to do not need to pay for a lot of costs like I'd formerly simply to get my refinancing declined by Wells Fargo. It's been near to a few months and that I have nevertheless not had the opportunity to refinance and my rate-lock has terminated. The main reason? Since Wells Fargo continues to be awaiting documents from their factory release a my mortgage. Definitely f'ing amazing.in a nutshell, never use Wells Fargo. Your expertise is likely to be terrible obtaining a mortgage from their store and you will be much more unpleasant should you choose to refinance your mortgage as time goes on with another lender.


Offender: Wells Fargo Refinance

Country: USA   State: New York

Category: Business & Finance

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google