Complaint #1790955 submitted on 02/17/2016 relating to Ditech Financial LLC. Complaint relates to Mortgage Conventional fixed mortgage - Loan servicing, payments, escrow account .
Complaint was submitted via Web and sent to the company on Wednesday 17th February 2016.
My husband and I purchased a home for {$98000.00} with XXXX down, we financed {$96000.00} at 9.25 % interest rate upon which we now owe {$94000.00}, and now that we are ready to refinance our current mortgage company is refusing to accept a refinance unless the entire interest for the life of the 30 year loan is paid ( interest fees at 30 yrs 9.25 % = {$180000.00} ) in addition to the current balance of principle owed. Is this legal?
Company | Ditech Financial LLC |
Complaint ID | 1790955 |
Date Received | 02/17/2016 |
Product | Mortgage Conventional fixed mortgage |
Issue | Loan servicing, payments, escrow account |
State/ZIP Code | FL 323XX |
Consumer Consent | Consent provided |
Company Public Response | Company believes it acted appropriately as authorized by contract or law |
Company Response To Customer | Closed with explanation |
Submitted | Web 02/17/2016 |
Result | Timely Response: Yes, Consumer Disputed: No |
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