Mortgage -- Trouble during payment process -- Complaint #4785142

Complaint Overview

Complaint ID: 4785142

Company: Security National Financial CORP

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

State: Texas

ZIP Code: 780XX

Date Received: 2021-10-06T12:00:00-05:00

Date Sent to Company: 2021-10-06T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

XX/XX/XXXX we closed on your new home. The initial loan amount with SecurityNational Mortgage Company was {>= $1,000,000}. On XX/XX/XXXX I made a {$1000.00} principal payment. SNMC sent me a monthly statement that shows this payment. In XXXX my loan was transferred to a new servicer for {>= $1,000,000}. The new servicer ( XXXX XXXX XXXX ) claims they can not post new payments on the account because SNMC has not forwarded them the previous payment. SNMC is therefore preventing me to pay off my loan early. I reached out to SNMC multiple times. They first told me all the payments were forwarded. I called again today XX/XX/XXXX and they mentioned a request started XX/XX/XXXX to their accounting department and advised me it takes accounting 3 weeks for those payments to be transferred.

Frequently Asked Questions

What is Complaint #4785142 about?

Complaint #4785142 was filed against Security National Financial CORP regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2021-10-06T12:00:00-05:00.

How did Security National Financial CORP 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 Security National Financial CORP?

Yes, visit the Security National Financial CORP company profile at readthecomplaint.com/company/security-national-financial-corp 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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