Litton Loan Servicing will steal your money Houston Texas

They are holding my second mortgage. When they got it, it was $12,600 at 12%. Needless to say, I wanted to get this paid off asap. My first payment to them was a double payment. When I got my second statement, I noticed that my balance wasn't much different. When I called them, they informed me that my extra payment had been applied to pre-paid interest because I hadn't directed them to do otherwise. They said they'd reapply the payment(which, amazingly, they did).

My second payment was for $150 extra and there was a very specific note telling them to apply it to my principle. This one was done properly.

My third payment was a triple payment with a very specific letter. It was applied improperly again, with each being applied as a single payment, and very little going to my priciple. If I hadn't caught it, I would have been out hundreds of dollars.

I'm taking out a home equity loan and paying them off. If you can avoid it, AVOID LITTON LOAN. If you can't WATCH YOUR BALANCES MONTHLY. They'll screw you any chance they get.

Paul
Naples, Maine
U.S.A.