Complaint Review: Rushmore Loan Management Services LLC - Los Angeles California
Rushmore Loan Management Services LLC Overestimated escrow shortage for a higher mortgage payment Los Angeles California
*Author of original report: Yes, they have added random fees.
*Consumer Comment: Questions
In July 2019 we chose another insurance company for our homeowner's insurance policy. We saved over 1200 dollars annually by doing so and our property taxes did not increase. Not only did Rushmore not reduce our mortgage payment; they have increased the payment.
They estimated a $500 escrow shortage initially, then once they realized we had switched insurance carriers they arbitrarily estimated an escrow shortage of more than $3000. Again, by changing we saved over 1200 dollars annually on insurance, taxes did not increase, and we had never missed a mortgage payment.
They keep adding random fees also. We have filed a complaint with Consumer Finance.
This report was posted on Ripoff Report on 12/05/2019 12:08 PM and is a permanent record located here: https://www.ripoffreport.com/report/rushmore-loan-management-llc/los-angeles-california-escrow-1488643. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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