Mortgage -- Struggling to pay mortgage -- Complaint #4993766

Complaint Overview

Complaint ID: 4993766

Company: Money Source, INC., The

Product: Mortgage

Sub-Product: VA mortgage

Issue: Struggling to pay mortgage

State: Kentucky

ZIP Code: 401XX

Date Received: 2021-12-09T12:00:00-05:00

Date Sent to Company: 2021-12-09T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

We currently are have a mortgage with the money source. I am XXXX, my spouse is a XXXX veteran. We got behind cause my hours at work were not what they typical would be. We got behind in the mortgage. I reached to my mortgage company, we submitted a modification request which was suggested to me. We were denied due to them saying application missing a page but no one communicated that to me. We resubmitted application. We were told during this process not to make a payment so we didn't. Go more behind. I went and ahead & made payment last month. Found out today, we are denied again. I asked the next option. They said a repayment plan over 3 months or 6 months. I Said okay I can't do 3 months. They said, you'll have to feel out application for the XXXXmonths. I said okay. I said whats protecting my house until I know if I'm approved, they said nothing. I tried to make my normal monthly payment, they said since I'm on no assistance plan, they can only accept the total amount of {$10.00}, XXXX. This is ridiculous Please help

Frequently Asked Questions

What is Complaint #4993766 about?

Complaint #4993766 was filed against Money Source, INC., The regarding Mortgage specifically about Struggling to pay mortgage. It was received by the CFPB on 2021-12-09T12:00:00-05:00.

How did Money Source, INC., The 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 Money Source, INC., The?

Yes, visit the Money Source, INC., The company profile at readthecomplaint.com/company/money-source-inc-the 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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