LoanCareReviews of loancareservicing.com

This company is absolutely the worst! I hate that my loan was transferred to them. I entered into a repayment agreement for one month while I was facing hardship and set up automatic drafts as agreed. However, my escrow payment increased significantly, which raised my monthly payment. Instead of notifying me about this change, I was hit with missed payment notices because my prearranged auto-drafts which I was explicitly told I couldn’t cancel once scheduled were no longer enough to cover the new amount. This led to late fees being added every month without any communication from them. When I contacted the company, the automated system said I was only $78.35 delinquent, but online it showed I was a full month behind on my mortgage. Every representative I spoke with gave me a different past due amount, and I couldn’t understand where any of them were getting their numbers from. It’s frustrating beyond belief! Additionally, the escrow minimum requirement is a joke, and the way they apply the escrow portion of each mortgage payment is inconsistent and confusing. This company is a complete disaster and honestly shouldn’t be in business. I’ve even started recording every conversation with their reps because the information they provide is so inconsistent and unreliable.

Absolute piece of trash of a company. They owe me an escrow refund and are pretending to have paid and blaming my lack of receipt of the funds on the US Postal Service. Its almost like dealing with someone who doesn't have the money and is making up lies. I don't think they plan on paying - just extending the process and hoping I forget. STAY AWAY. I'm beginning the refi process today!!

The employees at Loancare must eat nasty pills before arriving at work. They have the meanest customer representatives I have ever dealt with. They are unknowledgeable and rude. But perhaps that is to be expected when we as customers do not have the option to change loan servicers. Escrow dept has NO idea what Insurance dept is doing when dealing with the same loan. I asked for notes to be put in file and they do not get there. I asked for escrow to be reviewed and NOT make insurance payment because I paid it myself. 2 weeks later the buffoons pay it. They claim all calls are recorded but when asked to review the call, they decline. Why? Because they know they are rude, incompetent and would be retrained or fired for treating "CUSTOMERS" the way they do. Pitiful excuse of a company.

I borrow 300dls then I pay already 240 now I need to pay 715 dls more im super stress and this appointed I regret why I borrow 300dls

James is great to deal with always so quick to respond and very understanding!

James has been nothing but amazing with me and my loan. He has helped me through some very difficult times with no hassle. I highly recommend loan care

This company is a complete scam. I wish we were in the position to refinance at a higher rate just so we can work with a different mortgage servicer. We began the process of a loan modification and after completing all their requests on time and without error, we were awarded the modification, only to later call and be told that underwriting was missing a page a from our packet, and they are now planning for foreclose on our residence. Not one time were we ever notified of anything being missing from our packet (via telephone or in writing). We've called countless times and spoke to various reps (who by the way always provide conflicting information) and were always quoted the modification amount when calling to make our mortgage payment. If we weren't approved for the modification and underwriting was missing a page, wouldn't they have told us that when we called to make the payment or at least give us our regular mortgage amount as the payment amount??? However, after reading other reviews, we see that this is their scam; they wait for the 6-month mark and make up lies so they can enter your property into foreclosure. Apparently, from what our attorney says, many unlawful businesses do this as a way to double dip (foreclose on your home and take the equity and whatever thy can get for the sale price and then leave you with a large bill). We are taking immediate action to put an end to this. We've contact the CFPB, HUD, and our state consumer protection office to assist in the matter. We have also reached out to our local media outlets to raise awareness of this injustice. We recommend others do the same.

Very good and fast services easy to get loan with loan care I recommend to everyone the need help thanks loan care.