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by rollo927 , Jun 26 '01
Pros: The BIG ZERO!!!!!!!! Cons: Company still doing bad business as usual.
I would like to let the world know that my mortgage company, whom I did not chose to be my lender, lacks credibility and common sense. Furthermore, they are sloppy, lazy and they conducted themselves in a very unprofessional manner in the...
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by luthermm , Jan 01 '05
Pros: I guess decent rates??? Cons: Rude Service, Not helpful during identity theft
I will start by saying that I will NEVER use Countrywide again when financing anything. My negative experience began when my wife's identity was "stolen" and fraudulent activity took place against our bank accounts. This was due in no part to any fault ...
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by kesac , Jan 25 '02
Pros: PayPlan26 cuts 7 years off a 30 yr. note Cons: PayPlan26 holds your biweekly payment for 2 wks before applying it against your interest.
I just refinanced.
The last transactions I have had with them, was when they gave me the option of paying the shortages to my escrow account, or of allowing them to charge me extra to make up the difference. I opted to pay the shortage. They took...
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by brewcrewfan , Feb 27 '09
Pros: They do an adequate job of loan servicing Cons: Too much junk mail, annoying phone solicitations
After getting my mortgage through a local bank, my loan was sold soon after and Countrywide became the servicer of my loan. I did not chose to work with Countrywide, I got stuck with working with them.As a servicer, they did a competent ...
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by pw1972 , Jul 15 '03
Pros: Large company, easy to get a hold of a customer support rep. Cons: Poor records, do not follow through on their promises, 2-3 days to receive a fax.
Our 2nd mortgage was sold to Countrywide, and immediately we started having problems with payments p ...
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by mortimer , Aug 18 '00
Pros: Nationwide, and here to stay! Cons: Very aggressive market, rates could be lower elsewhere
My wife is a mortgage processor for subsidiary of Synovus Mortgage (and competition to Countrywide). Needless to say, she is very familiar with the ins and outs of the mortgage process. We were very fortunate to have her knowledge on our side when we...
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by froggie93 , Oct 18 '00
Pros: great service Cons: initial confusion in navigation of website
My Real Estate agent recommended using Countrywide for my mortgage company. I trust my Real Estate Agent and felt quite comfortable in his recommending Countrywide.
Upon contacting Countrywide I was put in touch with a mortgage specialist...
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by mcintd02 , Jan 12 '07
Pros: none Cons: deceptive, liars,
In August, 2006 I refinanced my home. My husband was ill and I needed to complete some work around the house so I needed the money. I went on line to one of the places where mortgage companies supposedly fight for your business. Of course I had at least ...
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by jmm1021 , Dec 29 '99
Pros: Some loan agents are very helpful; good website for tracking loan balances and payments Cons: Fund misappropriations, inaccurate statements, computer glitches, loan shopping
I recently moved and found myself searching for a mortgage. My prior mortgage and second were with Countrywide. I found my initial experience with Countrywide to be very beneficial and the broker assigned to our loan was helpful for our situation....
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by hoonga , Jun 27 '06
Pros: None, after over 10 calls into them Cons: Poor customer service,
Unreliable, Unknowledgeable staff
My mortgage recently got transferred to them and it's been a nightmare since. I sent a cheque including both my regular payment plus a large prepayment on the 1st of the month. I got a letter two weeks later letting me know my mortgage had been ...
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by charmander3192 , Jun 03 '03
Pros: Can't think of any Cons: Everything!!!
Well, let's see.... we applied for a refinance on April 15th.... promised loan would close 1 st week in May...didn't even get to sign papers until May 25th!! (kept getting the run around). We signed papers on the 25th and we await our 3 day grace...
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by jwarner8 , Jul 10 '00
Pros: None Cons: Poor service after signing on the doted line
I refinanced my home with Countrywide home loans about 2 years ago and wouldn't do it again if my life depended on it. The initial phase was a breeze, but after that you can give up.
I attempted to send the first two payments to...
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by Luvmykdz , Mar 12 '01
Pros: Honest, dependable, quick response time, and a truly amazing company. Cons: NOT ONE!
Let me tell you a little bit about COUNTRYWIDE, and the lady who "got my phone call one afternoon". My husband and I had to move to a larger home, along with our 3 small children. We did not want to RENT AGAIN, BUT our "credit history" had quite a few...
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by colorado14ners , Jul 13 '07
Pros: None. highest fees, closing costs and interest rates in the industry... Cons: Excessive costs and rates make them more expensive than the maffia.
Countrywide cannot compete with smaller lenders that choose to spend their revenue on things other than advertising. How does countrywide pay for all those commericals you see every day on TV? Your closing costs and fees, which are the highest in the ...
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by diane_medina , Mar 09 '00
Pros: none Cons: see above
My ex and I purchased a house through countrywide 3 years ago. It took them forever to get the financing done. Then last June (99) I bought my ex out and financed through countrywide again. I went to closing and paid all the closing costs, and signed all...
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