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Friday, September 30, 2011 - 1:30 PM

IN RESPONSE TO REVIEWS

Flagstar Bank (5 stars)
  First let me say about the partial payments, bi weekly and  payment change date comment tht was made,

 You can not change your due date . Period with any bank you are given a 15 day grace period  which does not mean  that your payment isnt due till the 15th READ YOUR NOTE . Secondly they do have a bi weekly payment but what most people dont understand is that you can make one extra payment a year and still accomplish the same results as a bi weekly payment . You also have to be current and you will be one month ahead when you are set up on the bi weekly payment plan . Partial payments will cause you to get a late fee.   Your payment is due in full  each month on the first , read your mortgage docs.

 

  Ok for the payoff lady , there is an automated payoff line which if you listened to the first message when you call in you would have heard the option to push a number to go to that area.

Lastly  perhaps you people so read your documents before you call bitching about things.  I am sorry that you cant understand why you cant just make payments when you want to but fact of the matter is you signed the docs.

 I have never had any issues sometimes the wait time is long but its that same at any other place i call. 
8
christinachristina1 posts since
Sep 30, 2011
Rep Points: 8
1. Tuesday, November 22, 2011 - 10:41 AM
Thanks Christina.  We are about to enter into a brand new relationship with Flagstar in 15-yr mortgage.  So far, the their reviews have been far from pleasant.  I am one to read the good and bad while taking note of the site that hosts review logging.  Since we are not anywhere near its banks, I am hoping my online or phone experience will start to be a tolerable one (no problems with BofA or WF in the past).  Any more tips on dealing with Flagstar would be much appreciated!
2
racketboyracketboy1 posts since
Nov 22, 2011
Rep Points: 2
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