Mortgage -- Trouble during payment process -- Complaint #5550470

Complaint Overview

Complaint ID: 5550470

Company: Huntington National Bank, The

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

State: Ohio

ZIP Code: 45069

Date Received: 2022-05-06T12:00:00-05:00

Date Sent to Company: 2022-05-06T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

I have XXXX on my mortgage. The lender is Huntington Bank. On the lenders mobile app i was informed that I can have XXXX removed if I have 20 % equity in the house. According to the Homeowners Protection Act XXXX must be removed when the balance of the loan drops to 78 %. So I used some savings to pay down the mortgage quickly below the 78 % threshold so that I would no longer need to pay the $ XXXX in XXXX. Huntington is refusing to drop XXXX unless I pay them a fee to drop the XXXX. Huntington needs to drop the XXXX since I have reached 22+ % equity and NOT charge me a fee to drop it.

Frequently Asked Questions

What is Complaint #5550470 about?

Complaint #5550470 was filed against Huntington National Bank, The regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2022-05-06T12:00:00-05:00.

How did Huntington National Bank, 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 Huntington National Bank, The?

Yes, visit the Huntington National Bank, The company profile at readthecomplaint.com/company/huntington-national-bank-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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