Mortgage -- Trouble during payment process -- Complaint #10353893

Complaint Overview

Complaint ID: 10353893

Company: Lakeview Loan Servicing, LLC

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

Sub-Issue: Private mortgage insurance (PMI)

State: Connecticut

ZIP Code: 064XX

Date Received: 2024-10-04T12:00:00-05:00

Date Sent to Company: 2024-10-04T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

In 2023, I initiated a process to attempt to remove my PMI with a servicer. I submitted a complaint at that time, the process was never completed, and the mortgage was sold late last year to Lakeview Mortgage. I attempted to start this process again with them in XXXX. Since that time I've sent XXXX separate requests via their website, requesting either a call or paperwork to initiate this process, and in all but the first case ( which said in order to handle this process I needed to update my phone number? ) I was told I'd get some guidance within XXXX days ... which has never happened. I'm paying {$160.00} per month for PMI. The mortgage balance is {$410000.00}. Their own estimator is showing the value at {$660000.00} ... and their system does not even factor in that we finished the basement of the property and added XXXX square feet in living space ( which is when I initially attempted to get the PMI removed from the former servicer ).

Frequently Asked Questions

What is Complaint #10353893 about?

Complaint #10353893 was filed against Lakeview Loan Servicing, LLC regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2024-10-04T12:00:00-05:00.

How did Lakeview Loan Servicing, LLC respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Mortgage) and describe your issue in detail.

Can I see other complaints against Lakeview Loan Servicing, LLC?

Yes, visit the Lakeview Loan Servicing, LLC company profile at readthecomplaint.com/company/lakeview-loan-servicing-llc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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