- Report: #1172320
Report - Rebuttal - Arbitrate
Complaint Review: pentagon federal credit union
pentagon federal credit union2930 Eisenhower Avenue Alexandria, Virginia USA
Pentagon Federal Credit Union penfed Lender changes mortgage insurance requirements Alexandria Virginia
*Author of original report: Change in coverage required
*Consumer Comment: The lender is probably right
*Consumer Comment: Read your master condo flood coverage policy
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What is being disputed now is the amount of HO6 flood insurance is needed.
They are essentially pulling switcheroo. Approving my loan then requiring me to get additional insurance that was not required as part of the loan. This would increase my costs significantly each year and do not feel should be penalized due to this. (assuming that this was really required)
This report was posted on Ripoff Report on 08/25/2014 10:57 PM and is a permanent record located here: http://www.ripoffreport.com/r/pentagon-federal-credit-union/Alexandria-Virginia-22314/Pentagon-Federal-Credit-Union-penfed-Lender-changes-mortgage-insurance-requirements-Alexa-1172320. 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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