Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago, 08/20/2022

User Stats

317
Posts
71
Votes
Paul Winka
  • Rental Property Investor
  • St Louis, MO
71
Votes |
317
Posts

I've had enough. Need to fire a mortgage servicer.

Paul Winka
  • Rental Property Investor
  • St Louis, MO
Posted

I kicked off 4 loans last year as a borrower, some involving multiple properties in one loan. My loans were then sent for service. The mortgage servicer has been just awful from the start. I know "awful" is subjective, but in my case I am still fighting with them to pay the property taxes that are now more than 3 months late on 4 properties, despite me telling them early on about the problem. Also, out of nowhere, my bank account was drafted for another customer's mortgage and it took three months to get it stopped. They're not replying to emails, they just fall into a black hole. Countless phone calls lasting 40 minutes or more. There is much, much more, but I won't get into that here.

Time to bring out the big guns. Their ever-so-helpful reply of "sorry for your inconvenience" isn't enough. I want to get them fired and have my loan serviced elsewhere. I am contacting the originator to see what remedies they can provide. Meanwhile, I want to see what advice I can get here. Even if it will cost me a little bit by hiring an attorney, or something else with teeth. 

What can I do? 

Loading replies...