Latest Dean Co-operative Bank Reviews
DBReviewed By Dean B. Jun 28, 2012
Banking Is Fine. Mortgage Has Been Nothing But Awful To Miserable Since Closing.
The only word that really comes to mind is inexperienced. I have had nothing but headaches since the closing of my mortgage back in 2006. My property requires flood insurance as the bottom 4 feet of my basement are in a "flood zone" since having this insurance, no one has been able to actually determine escrow as no one on the bank end has a real clue as to what is going on.
After 4 years of the loan the bank decides to double the amount of required coverage and add $1,000. 00 a year in payments at my expense, conveniently this happens as my wife if 7 months pregnant with our first. The little man turns one and we get notification that our escrow account is all messed up from this and we now owe an extra $500. 00 a month to our already high payment because we are underwater from the market change since 2006.
We can't refinance, i have had telemarketers hang up on me after i tell them what we own on the house. I work 3 jobs, and my wife works as well, we're struggling to keep the 3 of us afloat and dean bank magically wants an extra $6k? What gets me the most is that their slogan is "we see people, not numbers" or something to that extent... Bullshit.Thank you for your feedback Is this review helpful?