Stop! Do not try for a mortgage at this bank unless you have 3+ months to waste while you plead with them to hurry so that you won't lose the contractors they make you retain. What a waste of time & money!! Never again!!!
We're extremely disappointed with the communication lapses and delays we've experienced with Community Bank during our home loan process. Despite assurances of a 'couple weeks' to closing, weeks turned into silence, requiring escalations to the branch manager to get basic updates.
Their staffing constraints are unacceptable. If they're unwilling to address workload by adding personnel, they should adjust their loan volume to ensure existing commitments are met. This is simply not an acceptable way to treat customers.
When I'm sure this bank has fumbled the loan. I will post the names of the people within this bank that you should stay far away from. They do not do their jobs and blame the underwriters for the slow process
Edit: The bank requested additional information regarding our experience. We promptly complied with their request. While they acknowledged receipt of the information, no specific actions or timelines for resolution were provided. Our rate lock date is soon approaching! It's possible that within 2 weeks we will be going to Empower, like we should have from the beginning!! While I understand that deadlines mean nothing to banks, they DO mean something to people that have to ask banks to borrow money. I hope your bank learns to understand what a deadline is and why it's so important to keep your word when committing to a deadline. read more