Mortgage -- Closing on a mortgage -- Complaint #11263816

Complaint Overview

Complaint ID: 11263816

Company: Taylor Morrison Home Funding, INC.

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Closing on a mortgage

Sub-Issue: Closing disclosure or other related disclosures

State: Georgia

ZIP Code: 30040

Date Received: 2024-12-25T12:00:00-05:00

Date Sent to Company: 2024-12-25T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I requested to remove XXXX XXXX XXXX which was mentioned as Optional on my CD. But the Lender/Closing attorney mandated me to buy it in order to proceed with closing and that too exclusively from them. I mentioned it says optional but XXXXXXXX XXXX XXXXXXXX refused to remove. It looks like they inserted some clause in the purchase agreement stating I have to buy from them. I had reached out to XXXXXXXX XXXX XXXXXXXX XXXX on XX/XX/year> when initial CD was provided. I was told, Owner 's title policy ( optional ) can not be removed and charged {$1500.00}.

Frequently Asked Questions

What is Complaint #11263816 about?

Complaint #11263816 was filed against Taylor Morrison Home Funding, INC. regarding Mortgage specifically about Closing on a mortgage. It was received by the CFPB on 2024-12-25T12:00:00-05:00.

How did Taylor Morrison Home Funding, INC. 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 Taylor Morrison Home Funding, INC.?

Yes, visit the Taylor Morrison Home Funding, INC. company profile at readthecomplaint.com/company/taylor-morrison-home-funding-inc 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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