• Report: #153905

Complaint Review: Vanderbilt Mortgage

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  • Submitted: Tue, August 16, 2005
  • Updated: Tue, August 16, 2005

  • Reported By:eatonton Georgia
Vanderbilt Mortgage
P.o Box 9800 Maryville, Tennessee U.S.A.

Vanderbilt Mortgage ripoff Maryville Tennessee

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Our manufactured home... bought in 1993 was financed through Chase! Then suddenly without any warning... we were mailed a letter stating that Vanderbilt was now our mortgage holder!

We have had homeowners insurance with chase!
Then suddenly our payments sky rocketed from 350 a month,insurance included.... to 394 a month!!!
Vanderbilt claimed we had a "lack" of insurance when they became our new mortgage company!!!

Mind you... we never knew the mortgage was changing hands!

They said they picked up the lapse of insurance... which we are to pay back monthly... that explained their increase in the monthly mortgage!
We owe the escrow...

These people talk in riddles and u cant get a straight answer!

If you do get behind by a month...they will call and hound you
resentlessly... yet if they owe u money... different story!

Sharks....

Jane
eatonton, Georgia
U.S.A.

This report was posted on Ripoff Report on 08/16/2005 05:30 PM and is a permanent record located here: http://www.ripoffreport.com/r/Vanderbilt-Mortgage/Maryville-Tennessee-37802/Vanderbilt-Mortgage-ripoff-Maryville-Tennessee-153905. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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