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Wells Fargo Complaints and Reviews

Totally Dishonest With the Process And Unfair

Mar

18

2010

During the loan application loan for refinancing there were too many inconsistencies and missus that ended up on my spending way too much time and money and at the end the loan was not even approved. I went through 5 different loan applications because each time I was close to closing time Wells Fargo changed the loan processor.

So the application expired and the new processor required the same information all over again. After 6 months of we’ll Fargo asking for the same information, they notified that the only way to get the loan approved was if I buy internal insurance coverage for my condo. I did got a policy and submitted all documentation.

Now they are telling me that the condo association insurance is short on wind coverage for about $300K the current policy is 97, 359, 646and the bank requires to be 97, 709, 796. This is after they have the same information for the past 6 months and made me spent all this time, aggravations and money to come to this point.

I am currently wells fargo customer and it is clear that they don’t want to refinance my loan with lower interest. They are totally dishonest with the process and very unfair to their customers. I hope someone can do something about to stop this bank for treating people in such unfair way.

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In: Loans Posted By: Henryalvarez [ Grey Star Level]

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Totally Dishonest With the Process And Unfair

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