Banco Popular de Puerto Rico Complaint: Application, originator, mortgage broker

#1707231 16 Dec 2015

Mortgage FHA mortgage

Complaint #1707231 submitted on 12/16/2015 relating to Banco Popular de Puerto Rico. Complaint relates to Mortgage FHA mortgage - Application, originator, mortgage broker .

Complaint was submitted via Web and sent to the company on Wednesday 16th December 2015.

Narrative (may be redacted).

I completed a Streamline Refinance application with Banco Popular de Puerto Rico and on XXXX XXXX, 2015 received the initial Loan Estimate. On XXXX XXXX, 2015 I personally signed the disclosures at the nearest branch ; this same day I was charged the origination fee. As requested by the loan originator, XXXX XXXX, I proceeded to gather various documents needed to complete the file, including copy of my drivers license, utility bill and copy of my Social Security Card, and all were sent by email on or before XXXX XXXX, 2015. On XXXX XXXX, 2015 I received a letter by regular mail from Banco Popular indicating that in order to submit the application for approval, I neede to send the same documents previously provided, the SS card, driver 's license and utility bill. The documents were emailed to loan processor once again. Afterwards, I have made various attempts to verify the status of my application without obtaining any decision from Banco Popular. More than 45 days have passed since loan application without a decision and I fear they will change the offer I received for this transaction.

Company Banco Popular de Puerto Rico
Complaint ID 1707231
Date Received 12/16/2015
Product Mortgage FHA mortgage
Issue Application, originator, mortgage broker
State/ZIP Code PR 009XX
Consumer Consent Consent provided
Company Public Response Company chooses not to provide a public response
Company Response To Customer Closed with explanation
Submitted Web 12/16/2015
Result Timely Response: Yes, Consumer Disputed: No
 

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