Mortgage -- Applying for a mortgage or refinancing an existing mortgage -- Complaint #4972962

Complaint Overview

Complaint ID: 4972962

Company: Specialized Loan Servicing Holdings LLC

Product: Mortgage

Sub-Product: Other type of mortgage

Issue: Applying for a mortgage or refinancing an existing mortgage

State: Pennsylvania

ZIP Code: XXXXX

Date Received: 2021-12-03T12:00:00-05:00

Date Sent to Company: 2021-12-22T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

During the purchase of my home it was never brought to my attention that one of my mortgage was a balloon mortgage and after 15 years the remind amount must be paid in full. In this case the amount due is XXXX I tried numerous time to trying to set up a payment plan. I spoken with a few staff member in regards my concern and they always have the same response. I being in my home over 15 years and prefer not loosing my home due to not having agreement with the lender in places.

Frequently Asked Questions

What is Complaint #4972962 about?

Complaint #4972962 was filed against Specialized Loan Servicing Holdings LLC regarding Mortgage specifically about Applying for a mortgage or refinancing an existing mortgage. It was received by the CFPB on 2021-12-03T12:00:00-05:00.

How did Specialized Loan Servicing Holdings 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 Specialized Loan Servicing Holdings LLC?

Yes, visit the Specialized Loan Servicing Holdings LLC company profile at readthecomplaint.com/company/specialized-loan-servicing-holdings-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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