Mortgage -- Closing on a mortgage -- Complaint #4401920

Complaint Overview

Complaint ID: 4401920

Company: Zillow Group INC.

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Closing on a mortgage

State: Michigan

ZIP Code: 49525

Date Received: 2021-05-24T12:00:00-05:00

Date Sent to Company: 2021-05-24T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Older American

Consumer Narrative

On XX/XX/2021 I made my first mortgage payment to Zillow Home Loans. With the normal payment I made a {$96.00} extra principal payment and an extra {$50.00} to escrow. This reduced my principal balance to {$200000.00} and increased my escrow balance to {$3500.00}. On XX/XX/XXXX I was notified that my loan was sold to XXXX XXXX, a servicing company associated with XXXX Mortgage. I received my first statement from XXXX XXXX and discovered that the extra principal and extra escrow were both missing from my initial statement sent me from XXXX XXXX on XX/XX/XXXX. Attached are copies of both the Zillow Mortgage Company and XXXX XXXX. I have filed a complaint with you for XXXX XXXX but now realize that perhaps Zillow failed to inform them of this missing payment of extra principal and escrow. I have yet to receive a resolution from XXXX XXXX so I wanted to submit this complaint so Zillow would have to answer as well.

Frequently Asked Questions

What is Complaint #4401920 about?

Complaint #4401920 was filed against Zillow Group INC. regarding Mortgage specifically about Closing on a mortgage. It was received by the CFPB on 2021-05-24T12:00:00-05:00.

How did Zillow Group 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 Zillow Group INC.?

Yes, visit the Zillow Group INC. company profile at readthecomplaint.com/company/zillow-group-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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