Mortgage -- Trouble during payment process -- Complaint #6719125

Complaint Overview

Complaint ID: 6719125

Company: Arvest Bank Group, INC.

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

State: Texas

ZIP Code: 770XX

Date Received: 2023-03-19T12:00:00-05:00

Date Sent to Company: 2023-03-19T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/23 I sent a letter requesting the mortgage company pay a tax bill of {$2400.00}. I submitted a coupon for ONE tax bill of this exact amount to the mortgage company. I had some money in escrow and wanted to apply the funds to that ONE bill as I mentioned on the phone. I received a call to confirm, I said yes. On XX/XX/23 Arvest bank made a payment of {$6600.00}. My mortgage has now increased over {$1000.00} a month. The other taxes were not yet due and I did not request this payment. This has caused significant financial strain. The representatives listened to the calls and admitted this was an error but the Mortgage company has yet to offer solutions to assist or to help.

Frequently Asked Questions

What is Complaint #6719125 about?

Complaint #6719125 was filed against Arvest Bank Group, INC. regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2023-03-19T12:00:00-05:00.

How did Arvest Bank Group, 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 Arvest Bank Group, INC.?

Yes, visit the Arvest Bank Group, INC. company profile at readthecomplaint.com/company/arvest-bank-group-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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