Servis One, Inc. Complaint: Loan servicing, payments, escrow account

#1577378 23 Sep 2015

Mortgage Conventional fixed mortgage

Complaint #1577378 submitted on 09/23/2015 relating to Servis One, Inc.. Complaint relates to Mortgage Conventional fixed mortgage - Loan servicing, payments, escrow account .

Complaint was submitted via Web and sent to the company on Wednesday 23rd September 2015.

Narrative (may be redacted).

This is my XXXX complaint for BSI Financial. Per my previous complaint BSI stated my hazard insurance was n't supposed to be in escrow. They corrected that with my previous complaint, and now my hazard insurance and taxes are now in escrow. They are now charging me a monthly escrow amount of {$120.00} for my tax and insurance which is understandable, however they are also charging me a additional monthly shortage of {$190.00}. When I called into BSI Financial I was advised by XXXX XXXX that it is a " cushion ''. I would like to know why I am being charged an additional {$2300.00} as a " cushion '' for my taxes and and hazard insurance when my and taxes and hazard insurance only total {$1500.00} for the year.

Company Servis One, Inc.
Complaint ID 1577378
Date Received 09/23/2015
Product Mortgage Conventional fixed mortgage
Issue Loan servicing, payments, escrow account
State/ZIP Code FL 327XX
Consumer Consent Consent provided
Company Public Response Company believes the complaint is the result of a misunderstanding
Company Response To Customer Closed with explanation
Submitted Web 09/23/2015
Result Timely Response: Yes, Consumer Disputed: No
 

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