Complaint Review: Guardian Savings Bank - Granite City Illinois
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
- Author Confirmed
- Guardian Savings Bank Nameoki Rd Granite City, Illinois U.S.A.
- Phone:
- Web:
- Category: Miscellaneous Companies
Guardian Savings Bank I NEED HELP!! THEY'VE RAISED MY MORTAGE DUE TO A NEGATIVE ESCROW Granite City Illinois
*Consumer Comment: Unfortunately, you would still have to pay the taxes on it....
Show customers why they should trust your business over your competitors...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
Ive had my mortgage with Guardian Savings Bank for a year and a half now and my payments have been 616.00 (including taxes and insurance). I opened mail from them the other day and seen that my escrow account was negative 1475.00 and that starting November 1 our payment would go up to 838.00.
I called the bank and spoke with a guy who informed me that once a year they do a so called audit to make sure everything is correct and they noticed that when they figured up our mortgage payment that instead of adding our correct taxes of 1900.00 a year into our payment they went off of my grandmas (used to own the house) senior freeze tax rate of around 600.00 or so a year to calculate our house payment and he said it was their mistake they shouldve checked into that before the loan was finalized, he also advised something about when my grandmother purchased the home some 30 years ago that the appraisal value jumped up from then until now and that our payment with everything included should have never been 616.00 it should have been 715.00.
The piece of mail stated we had 12 months to pay off and speaking with the bank guy he advised we were one of their larger mistakes so he would work with us and divide it up over 36 months raising our house payment to 755.00. I am still not satisfied and would like to know why they didnt catch this at the end of last year or sooner and how can I now be liable for their mistake, I never would've bought the home if I would have known the house payment would be that much. Is there any advise or can anyone help?
Rodney
granite city, Illinois
U.S.A.
This report was posted on Ripoff Report on 09/28/2008 09:28 PM and is a permanent record located here: https://www.ripoffreport.com/reports/guardian-savings-bank/granite-city-illinois-62040/guardian-savings-bank-i-need-help-theyve-raised-my-mortage-due-to-a-negative-escrow-gra-376812. 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
If you would like to see more Rip-off Reports on this company/individual, search here:
#1 Consumer Comment
Unfortunately, you would still have to pay the taxes on it....
AUTHOR: J G Shrugged - (U.S.A.)
SUBMITTED: Monday, September 29, 2008
The time to ask questions about how much the taxes will be is before the sale, or even before putting in an offer. You can always contact your local tax office to make sure that they (the loan co.)have the correct amount. But that's the way it is.
Your RE agent should have helped you with it, but they probably didn't want to work that hard for a sale - because they would only get paid if you bought the place - so they have no incentive to encourage you not to buy the property!
Advertisers above have met our
strict standards for business conduct.
