First American Bank Mortgage Rates

First American banks level of Incompetency is epic. Whether you are considering banking mortgages or any other form of borrowing, cash management or anything else banking related I would steer as clear as possible. While the level of customer service is average, they are not honorable people and that goes straight to the top. When push comes to shove, they will most certainly serve themselves. The choices for banking are many with institutions that Well serve your needs in a far more honorable way.

Warning! Read TRID rules for mortgages to prevent late date surprises. Compare your Loan Estimate to your Closing Disclosures sent just prior to closing. There are rules as to how much and what can change. The Consumer Protection agency has extensive information for buyers to review on the matter. There is also an tip line if you feel you are being mistreated. As a real estate practitioner, I am shocked by the incompetence exhibited by First American Bank. "Disclosures Matter" OLM

This bank has been a nightmare to work with since day 1. They held to 20% on our 80/20 mortgage on a home we purchased just before the real estate bubble burst in 2007. Wee sold in a short-sale in 2012, and 1st American didnt get what they wanted from the primary lender, so they have been punishing us. They ‘help’ by refinancing the loan high-interest balloon loans every 5 years. They show no compassion for unemployment issues, serious financial strain, nor anything else - they are downright rude. They lied to our real estate attorney in the short sale process and have continued to do so. Through a debt negotiator we were able to reduce the amount owed, and we are paying a ridiculous amount each month, yet these payments are not reflected and they are tanking our credit. I have filed a formal complaint with the States Attorney for predatory lending practices. Do not trust this bank!