Tuesday, November 16, 2010 - 12:49 PM
STAY AWAY FROM THE MORTGAGE DEPT!!Hamilton State Bank
My husband and I built a house this year and used (after high recommendations from the builder) went with Hamilton State Bank for our construction loan. Our house was finished in May and the bank has been trying to do the final closing on our house ever since then. It is now the middle of November, and they still have NO idea when we are closing. I will call, leave a message, and they call me back days sometimes weeks later, if at all. When I talk to them, they tell me that we are close and they will call back the next week, never to be heard from until I call three weeks later. The builder told me that I would have to pay minimal construction interest because they should have us closing within 30 days. Since then we have paid almost $1200 a month in interest! It has gotten beyond the point of ridiculous!! I don't know if we are the only case of this happening to a customer or not but I do NOT recommend this bank for mortgages!!
2,148 posts since
May 9, 2010
Rep Points: 3,153
1. Saturday, February 9, 2013 - 5:18 AM
Did they do the mortgage or did they broker it to another bank?