Colorado State Bank & Trust Mortgage

Complete Joke

Not happy Do Not do a mortgage with Colorado State Bank & Trust Mortgage trying to get help is a total and complete joke.

1st I bought a home in late  before FHA changed their rules on PMI insurance I closed at the closing my loan officer told me pay down the house to 90% loan to value and the insurance comes off.

I did as told we sold a rental property and paid the home down to 150 called to have the insurance removed that’s when I get the first shock I’m sorry sir we cannot remove the insurance till you have had the loan 5 years minimum.

I get a letter stating that the PMI insurance is dropping 1/2018.

I’m ok with this not happy but ok fast forward I get my statement for January guess what PMI is still on the loan.

I call They tell me make your payment we will open a claim to find out why and they can’t find the letter that they sent me stating the PMI is dropping off the loan.

I sent the letter in to them they call me oh the insurance isn’t dropping till March.

My suggestion DO NOT USE these guys for a loan very difficult to get help let alone get answers.

Use anyone but CO STATE BANK and trust.

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Olde Wadsworth Boulevard 5648
Arvada 80002 CO US
Get directions
Reviews:0
Reported Loss :2586 $
Severity of Scam :Extremely High
Reported by : Anonymous
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