Mortgage -- Trouble during payment process -- Complaint #4570146

Complaint Overview

Complaint ID: 4570146

Company: Gateway First Bank

Product: Mortgage

Sub-Product: VA mortgage

Issue: Trouble during payment process

State: New Jersey

ZIP Code: 08085

Date Received: 2021-07-22T12:00:00-05:00

Date Sent to Company: 2021-07-22T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

When I was presented with my loan estimate, I was told that Gateway would service my loan. In under a year, it has already been sold off. This would normally not be a huge issue. However, I am a property tax exempt XXXX Veteran. The amount of back and forth I had to go through with Gateway was absurd. Now, the new lender is now fighting me on the exception as well. This will now incorrectly raise my monthly payment by almost {$300.00} per month, until this is resolved.

Frequently Asked Questions

What is Complaint #4570146 about?

Complaint #4570146 was filed against Gateway First Bank regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2021-07-22T12:00:00-05:00.

How did Gateway First Bank 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 Gateway First Bank?

Yes, visit the Gateway First Bank company profile at readthecomplaint.com/company/gateway-first-bank 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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