Mortgage -- Applying for a mortgage or refinancing an existing mortgage -- Complaint #6864337

Complaint Overview

Complaint ID: 6864337

Company: Guaranteed Rate INC.

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Applying for a mortgage or refinancing an existing mortgage

State: Ohio

ZIP Code: 43026

Date Received: 2023-04-19T12:00:00-05:00

Date Sent to Company: 2023-04-19T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

I started the loan process with Guaranteed Rate Affinity and was asked to pre-pay an appraisal fee of {$870.00} during the loan application process. After the appraisal was completed the fee noted on the appraisal was only {$350.00} ( page 4 of the attached appraisal ). The company 's own website states it should only be a " few hundred dollars '' and that there are no additional fees ( see attachments ). I contacted the loan officer who stated there were mistakes in the charges, and it would be refunded. Now the company and loan officer refuse to respond or refund the charges.

Frequently Asked Questions

What is Complaint #6864337 about?

Complaint #6864337 was filed against Guaranteed Rate INC. regarding Mortgage specifically about Applying for a mortgage or refinancing an existing mortgage. It was received by the CFPB on 2023-04-19T12:00:00-05:00.

How did Guaranteed Rate 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 Guaranteed Rate INC.?

Yes, visit the Guaranteed Rate INC. company profile at readthecomplaint.com/company/guaranteed-rate-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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