Mortgage -- Trouble during payment process -- Complaint #5827011

Complaint Overview

Complaint ID: 5827011

Company: Cmg Financial Services, INC.

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

State: California

ZIP Code: 91750

Date Received: 2022-07-30T12:00:00-05:00

Date Sent to Company: 2022-08-12T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

This complaint is for better clarification and in addition to a complaint filed on XX/XX/XXXX # XXXX. I have been making double payments on my CMG financial mortgage ( loan # XXXX ) for the last year. Per CMG Financial 's policy any amount over the mortgage payment goes towards principle on the loan. This month ( XX/XX/2022 ) I paid a little over double my mortgage payment. The second payment I made for {$1300.00} this month ( which should have all gone towards principle ) was applied towards interest and only {$29.00} of that amount was applied towards principle. I have called them seven different times. Each time they informed me that it would be taken care of in 3 days. It has been approximately 3 weeks and I have spoke with XXXX on XX/XX/XXXX, XXXX on XX/XX/XXXX, XXXX and XXXX XX/XX/XXXX and most recently XXXX # XXXX on XX/XX/XXXX and several other CMG agents whose names I do not recall, and they still have not fixed the payment problem.

Frequently Asked Questions

What is Complaint #5827011 about?

Complaint #5827011 was filed against Cmg Financial Services, INC. regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2022-07-30T12:00:00-05:00.

How did Cmg Financial Services, INC. 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 Cmg Financial Services, INC.?

Yes, visit the Cmg Financial Services, INC. company profile at readthecomplaint.com/company/cmg-financial-services-inc 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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