Friday, September 30, 2011 - 1:30 PMIN 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
christina1 posts since
Sep 30, 2011
Rep Points: 8
1. Tuesday, November 22, 2011 - 10:41 AMThanks 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
racketboy1 posts since
Nov 22, 2011
Rep Points: 2