Webster Bank Complaint: Application, originator, mortgage broker

#1653039 12 Nov 2015

Mortgage Home equity loan or line of credit

Complaint #1653039 submitted on 11/12/2015 relating to Webster Bank. Complaint relates to Mortgage Home equity loan or line of credit - Application, originator, mortgage broker .

Complaint was submitted via Web and sent to the company on Wednesday 18th November 2015.

Narrative (may be redacted).

I have a mortgage with Webster Bank on a condo worth {$100000.00}. The balance after 12 years is {$47000.00} and the mortgage started at about {$59000.00}. My car broke down from shoddy repairs at a dealer and I applied for a Home Equity Line of Credit for {$5000.00} to {$10000.00} and the rejection letter I got today says I applied for a loan fro {$32000.00}. They are a predatory lender when trying to refinance or apply for refinance or anything regarding an existing mortgage. I asked for a copy of my application I made over the phone with my local branch XXXX and have n't gotten it yet. I was referred to XXXX Credit Counseling XXXX XXXX whom I have been to when I got the mortgage on my house XXXX. I have had nothing but trouble with identity theft since. Webster Bank put all these identity theft flags on all my accounts and did not take that into consideration when I applied for my loan. I applied over the phone XXXX XXXX XXXX XXXX, XXXX, CT

Older American

Company Webster Bank
Complaint ID 1653039
Date Received 11/12/2015
Product Mortgage Home equity loan or line of credit
Issue Application, originator, mortgage broker
State/ZIP Code CT 067XX
Consumer Consent Consent provided
Company Public Response
Company Response To Customer Closed with explanation
Submitted Web 11/18/2015
Result Timely Response: Yes, Consumer Disputed: No
 

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