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Sunday, April 3, 2011 - 5:00 PM

Horrible Mortgage Department

USAA Bank (3 stars)
I have had USAA for many years for my insurance needs and have added pretty much everything since. Checking, savings, investments...you name it. Those departments are just incredible: great customer service, good resources and plans and hassle free data.

But the Mortgage department is atrocious, I mean all-time bad. I had a ton of problems with my loan processing and the title company had a very difficult time reaching my mortgage representative. On the day I was to close, I waited all day for a call or some sort of instruction and it never came. The title company was told the loan was held up in underwriting where it had been for a week and no one from USAA ever called me to let me know the status.

We did not close and no apology, explanation or status was received. When I complained my mortgage representative said, "Yeah blame me, everyone else does!" No one from USAA has contacted me since and when I wrote a review for their customer website, it was never posted. It is pretty much the same review I've written here.

Looks like USAA is getting too big, too fast and I am seriously considering transferring some of my financial assets away from this bank. Too bad, this was probably the best financial company I've ever dealt with.
5
mlombamlomba1 posts since
Apr 3, 2011
Rep Points: 5
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