Latest reviews about Countrywide Home Loan Company

srrisor says "After 4 yrs of paying faithfully, I'm losing my home!" about Countrywide Home Loan Company

srrisor — Tue, 13 Oct 2009 18:01:36 GMT

In 2005 I bought a house financed through Countrywide. In 2008, I filed for divorce and subsequently bankruptcy...that's when things got really sticky! Even though I didn't include my home in the bankruptcy and had EVERY intention of keeping my home, have made ALL of the payments on the mortgage ON TIME, I am now in the process of losing my home because Countrywide failed to file a proper mortgage on my house!!! The bankruptcy trustee discovered that Countrywide never filed a valid mortgage, and is now taking ownership of my home right out from under me. All of this because Countrywide didn't properly file the mortgage. I've invested well over $50k in "my home" over the past 4 years and have nothing to show for it - all of my payments GONE, the money I took from my 401k for the down-payment GONE, the dream of owning my own home GONE!!!

...

swoogietwo says "Thanks for the mess" about Countrywide Home Loan Company

swoogietwo — Mon, 05 Oct 2009 20:11:11 GMT

This loan company is the reason the economy is where we are at today. They resold the mortgages that people don't even know who their paying anymore.

...

dakizae says "A good home loan company" about Countrywide Home Loan Company

dakizae — Thu, 01 Oct 2009 23:51:44 GMT

I was surprised by the quick credit approval from Country Wide. I had heard bad things about the company and experienced nothing but kindness, quickness and quality from this company. I was even approved for quite a bit more than I anticipated!

...

kimi001 says "Countrywide Home Loans are the cause of mortgage turmoil." about Countrywide Home Loan Company

kimi001 — Thu, 03 Sep 2009 21:42:53 GMT

Countrywide Home Loan Company has been one of the largest lenders in the US that often hired sleazy sales people and made corrupt loans to homeowners. These homeowners are now the ones who are losing their homes to foreclosure. Look at your newspaper listing of foreclosures and you see a lot of Countrywide foreclosures or often the loans they eventually sold to other investors on the foreclosure listing. Their loan officers made a ton of commission money while putting homeowners in financial jeopardy.

...

moneywise says "Was not there for me as a borrower" about Countrywide Home Loan Company

moneywise — Fri, 28 Aug 2009 16:32:03 GMT

When the ""Help for homeowners" program came out. I was told to contact my mortgage company to see if I can get either refinancing or a program for lower mortgage payments, When I contacted Countrywide, I was told that a fedex package would arrive with an offer. I did not recieve the package for a month and when i finally got it, the offer was for MORE money than i am currently paying!!! What kind of help is that?? CountryWide not helping it's customers!

...

jcornwell610 says "horrible first time home buyer experience!!!" about Countrywide Home Loan Company

jcornwell610 — Mon, 20 Jul 2009 20:10:15 GMT

Recently we were pre-approved for an FHA loan and were working directly with Deanna L. Phillips. At the beginning we were thrilled to start this process, as we were first time home buyers. Not only did she lack the professional experience in day to day communication but she was not knowledgeable in the loans she was dealing with. Numerous phone calls and emails went unanswered for days, and it is our belief that her own incompetency caused us to lose our dream home.

For us this turned out to be one of the worse experiences we have ever had to deal with. We cancelled our loan with Bank of America (Country Wide) and will now be working with another lender that knows what they are doing. It is not right that people are allowed to ruin this once in a lifetime experience for someone because of their own lack of ability to do their job - with absolutely no repercussions.

I would not recommend the lender or mortgage company to ANYONE that I know.

...

pissedoff2 says "Being generous on the star giving!" about Countrywide Home Loan Company

pissedoff2 — Wed, 15 Jul 2009 16:01:14 GMT

...

kilmer7165 says "Get into a home now" about Countrywide Home Loan Company

kilmer7165 — Wed, 27 May 2009 18:14:28 GMT

When I bought my first home it was with countrywide, the agent was friendly and worked very hard to get me into a house. Since self employment is my motto it makes it very difficult when trying to qualify income except with previous tax returns. Since I am a long distance trucker there are some tax breaks that help lower taxes but also lower my actual income and the agent from Countrywide worked closely with my accountant for the details to qualify me for a mortgage. I was totally impressed with the quality of service. When a medical injury cost most of my income to dissipate Countrywide again worked with me to keep me in my house. It was an impressive job of customer service and I will be forever gratefull for the caring representation of the folks at countrywide. Unlike other borrowers they never bundled and sold my mortgage for profit at the time so luckily it was always the same folks that worked with me so they new my history of ontime payments and were always there to help...

...

phantomsong says "Would give 0 stars if possible" about Countrywide Home Loan Company

phantomsong — Sat, 23 May 2009 15:23:45 GMT

From my experiences with Countrywide I think they must be one of the most disgraceful and incompetent lenders. I had the misfortunate of having a mortgage and HELOC with Countrywide. Below are the main issues I had:

Unauthorized credit report pulls: When I was a Countrywide customer, they called me on 2 separate occasions to ask if I was interested in refinancing. Both times I asked what the rate was and since they were unappealing I declined. Yet it turns out they pulled my credit report each time without telling me just to give me refinance rates during a 1-minute phone call!

HELOC woes: HELOC fees were exorbitant. For a $25k draw they charged $669 origination and $455 termination fees. I was refinancing with another lender and needed the HELOC closed ASAP. Even after I paid off the HELOC account in full, it took Countrywide 6 weeks to close the account. And that was after paying a $30 "expedited payoff fee" plus 4 phone calls and 2 visits to the local branch.

ESCROW woes: At the beginning...

...

ViewFromParadise says "Countrywide is now named COUNTRYFRIED" about Countrywide Home Loan Company

ViewFromParadise — Wed, 22 Apr 2009 16:52:12 GMT

People beware. Countrywide has been under investigation for over three years.
Even though they are now owned by Bank of America things have not improved
or changed. Even though they have been sued by 10-15 States they are playing
the same tricks. Yes, they are trying to stay away from Sub-prime exotic mortgages
but whether you are a new applicant or a current mortgage holder with them they
still have horrific accounting policies and inaccuracies that cause migraines.
They will ask you to fax them-they lose all your documents. Customer Service is
absolutely obnoxious and practically non existant.

Their Mortgage Servicers are actually COLLECTION Agencies.
They are continuing to ignor the new FED RULES
and individual States directives of the Class Action Suits.
They wasted the bailout dollars from T A R P funds and are not assisting
their current qualified Mortgage holders.

FIND ANOTHER LENDER DO NOT USE COUNTRYFRIED.

...

hydravis says "Yayyyy" about Countrywide Home Loan Company

hydravis — Thu, 12 Mar 2009 06:01:41 GMT

CoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolz
CoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolz

CoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolz
CoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolz
CoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolzCoolz...

comet55 says "Countrywide, making home ownership a nightmare before you start." about Countrywide Home Loan Company

comet55 — Tue, 10 Mar 2009 21:49:48 GMT

I am now on my 3rd different closing date with Countrywide, they have pushed it back and pushed it back. I have been in communication with them nearly daily, initiated by me, and they still can't get it together. I asked weeks ago if there was any other info they would need from me. I was assured they did not need any more info, then they started asking for more paperwork the day before I was supposed to close (the second time). They then asked for me to file an addendum to extend the close date 1 week "just in case", now 1 week later I have still not closed! For some reason your loan has to go through multiple people to process. My initial Mortgage officer has been helpful, but then it had to go to underwriters and processors who have been slow, rude, and mostly useless....

greisinger7 says "They really really really do suck people.... DON'T DO IT!!!" about Countrywide Home Loan Company

greisinger7 — Tue, 10 Mar 2009 02:58:21 GMT

This company lost payments, increased payments, took double payments from our personal account, put an unauthorized escrow on our account which included taxes, insurance and water and sewer. There was no need because we were never late on any of them. Then continuously applied payments to the escrow instead of to the balance due, put negatives on my credit report claiming that we were late after they applied it elswhere. After I reported them to the BBB they responded to me by trying to charge me $40 for a payment over the phone. This is a company that is very slimy in how they deal with there customers because according to an Attorney I spoke to, it is legal, Slimy but legal...

hollyalp says "They bought my loan and have been great" about Countrywide Home Loan Company

hollyalp — Fri, 23 Jan 2009 15:02:05 GMT

I got a mortgage through quicken loans two years ago and as soon as the paperwork was processed, country wide bought me out. They have since been extremely helpful. I love that i can log on online and pay my bills and see all my account information right there!...

cajunlady0 says "Done right the first time" about Countrywide Home Loan Company

cajunlady0 — Sun, 11 Jan 2009 20:05:00 GMT

My husband and I bought a home 3 years ago and since Countrywide had the lowest interest rate that we could find on a 15 year home loan, we went with them. A great FICO score can get you the best rate from any company you choose to borrow from. Everything went great.......no problems......we pay our note a week before it is due and other than a few bothersome phone calls in the beggining trying to get us to re-finance at a better rate (which there was none -- was just a mass phone call pitch to everyone with loans) we have had no problems with them.

We did not get a home above our means or a note that we could not afford. We did not have to call them to re-negotiate our loan because we did it right the first time.

I see all this bashing against a company that is only "partially" to blame.....the buyers are the other party that should take responsibility. I understand that people get in binds and need help from time to time, but it is NOT the lender of your home loan that should...

...