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We have been trying well over a year to cancel the PMI on our house. We bought a foreclosure, and our LTV qualifies us for not being able to pay this in the first place.

My first email to this dreadful excuse of a mortgage company was back on 1/6/16, and my request was ignored. I emailed AGAIN on 11/9/16. I didn’t hear back until 11/21/16 and was requested to email a list of the updates we have done on the house since we moved in. I followed up on 11/28/16 after I received no response, and again on 11/29/16.

We did not hear back until 12/2/16 asking us to send in a check for $475 (way too much money for an appraisal but that’s beside the point). 12/15/16 I followed up with yet another email as I hadn’t heard if they had received my check, and when the appraisal was to be scheduled. I called into the customer service line after our appraisal had been completed to see what our next steps were. They would not provide me with a number for the PMI department and told me to email them again so 12/24/16 I followed up yet again, after almost a week goes by since our appraisal was conducted with an email.

12/27/16 we FINALLY received notification that we will have PMI removed, and I quote from the email “Please be advised you have met the required 75.0% for PMI cancellation. Your loan is being submitted to management for approval. Once PMI is cancelled you will receive a letter regarding the removal of PMI shortly following”. 1/1/17 payment, we were billed for PMI.

I hadn’t heard back on removal of the PMI from our monthly payment so I emailed again on 1/7/17 and got their standard “We have received your request and will begin our initial analysis of your loan within 3-5 business days.” I still have not heard back so I emailed again on 1/11/17 as my payment for 2/1/17 comes out tomorrow and PMI is still on there. I have never met a company that cares so little about its customers. I have literally been fight.

On 1/11/17 I finally received notification that they were canceling the PMI however instead of canceling it effective of the previous month, they still charged me for $55 for this month. I have yet to hear back on my request for them to refund me.

Product or Service Mentioned: Cenlar Loan.

Reason of review: Poor customer service.

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Anonymous
#1648671

I'm dealing w/ them now re. removing my PMI.

I submitted a few complaints to the BBB.org of New Jersey to see if they can help expedite things. Totally unacceptable they don't give a phone number for the PMI Dept.

Anonymous
#1640659

It is totally unacceptable they refuse to give us a phone number for the PMI department. Customer service is non existent after you sign the loan documents.

Anonymous
#1627310

Can someone explain where the 75% is coming from? My mortgage documents state 80 or 78 but I got the same email from them saying 75% if less than 5 years. What is this scam?

Ezel
#1557826

im trying to get rid of pmi insurane i have a new appraisel on my condo what kind i do mr sebastian

Anonymous
#1515638

This is exactly what i have been desling with too. Literally the exact ssme senerio.

Its bern 4 years and a new answer everytime. And im not paying them to appraise thats just ***

Anonymous
#1497560

I have the similar experience. Worst PMI department. i have been following up on PMI removal since 6 months and do not have a resolution.

Anonymous
#1281815

all I will say run fast and dont look back if you dont have money to fight them you will get so bend out of shape i had them for one year now i,m no longer with them for the same reason everyone have with this bad company.i keep fighting until i got myself out the customer service dept is a joke not even the manger know what *** they doing but im a fight i want give up until im happy they should not every be in business.

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