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Saxon Mortgage

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281 complaints

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Saxon Mortgage Services, Inc. offers home mortgages and refinancing. In different state the company operates under different names; in Kansas and Massachusetts - as Saxon Home Mortgage and in New York - SMI Home Mortgage. The company's specialization is personalized financing solutions. The company provides financial help even to people with bad credit history and bankruptcy. In 2006 the Saxon Company was acquired by Morgan Stanley Mortgage.

the web site offers the same services as Saxonitself. It is only necessary to register and make an application Please try to contact Saxon Mortgage Customer Service directly prior to posting any complaints on this site.

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Saxon Mortgage Complaints & Reviews

Saxon Mortgage Reviews

Anonymous
Saxon Mortgage IS INEFFICIENT

We submitted the required documents for the home modification. However, we sent our first payment in early (2 weeks) and Saxon posted it to principal and began billing us for the ...

#290163
Jan 18, 2012
54

Paparey64
Saxon Mortgage - Presently on foreclosure

Economy forced me out of business...saxon sent me forms for modification...isent every form they sent withexplanation for of my troubles..... i went thru this for 4-5 times with di...

#286898
Jan 06, 2012
92

AMosquera
Saxon Mortgage - Pilot Program for Saxon borrowers.

If you or anyone you know has their Saxon loan being serviced through Green River in the area of NJ please contact me. There is a pilot program were the REO Brokers who are contra...

#282548
Dec 19, 2011
103

MichB
Saxon Mortgage - Saxon lies over and over, trying to steal people's homes

My loan was sold to Saxon a few years ago and it has been a nightmare ever since. First they raised my interest rate through the roof. I called to see if there was anything that co...

#279609
Dec 06, 2011
241

CbgreeneII
Saxon Mortgage offers Modification with Higher Monthly Mortgage

Saxon offered and I accepted a modification plan. Once I read the fine print, I realized I had been had. The monthly mortgage was lower than before, but they hid housing insurance ...

#278838
Dec 02, 2011
457

MimiLopez
Saxon Mortgage - Saxon is the mafia!

They forced me into foreclosure. I was only behind 1 month. They lost a payment, then found it once I had the western union slip but said that was for the previous month I said wha...

#275359
Nov 16, 2011
353

Cujo1962
Saxon Mortgage - Saxon is owed by duich bank not american at all

Saxon is not a american owed company they work for a bank in germany i think it is called dush bank no kidden they are a broker only they dont care about any one. they will tell yo...

#272052
Nov 01, 2011
373

Kiser97
Saxon Mortgage - Saxon Complaints

In or about May 2009 through July 2009 Morgan Stanley Home Loans aka Saxon refused to provide timely documentation to my husband for his 401 K Hardship Loan requirements in order t...

#271442
Oct 29, 2011
303

Anonymous
Saxon Mortgage Services STINK!

They escrowed my money, did not pay my insurance renewal, policy got cancelled. They tried to put force placed coverage. Thanks to my independent agent, it has been corrected. T...

#270237
Oct 24, 2011
511

Freemenow
Saxon Mortgage - Saxon NO HELP! They don't care!

Saxon mortgage is not out there to help anybody. I do not even know how our mortgage got to them, I started with Ohio Savings Bank. This is ridiculous. Where is the help we tried f...

#269711
Oct 21, 2011
380

Apollo113
Saxon Mortgage - Where is the accountability?

No one complained when they signed the papers for mortgages that they should have never been qualified for in the first place, so where is the accountability? Saxon mortgage has bo...

#267287
Oct 10, 2011
210

Bsahadi
Saxon Mortgage - Really Pissed off!

Saxon Mortgage with it's one phone number is the worst business I've dealt with in 42 years of paying a mortgage. No interaction with a company employee that has any idea w...

#264342
Sep 26, 2011
253

Ire11
Saxon Mortgage - Saxon bank

I hate saxon bankthey call every day they send me the same letters every daythey send people to my home with a note to call saxonwhy will i call saxon for ...

#262888
Sep 19, 2011
442

Anonymous
Saxon Mortgage - Ridiculus Fees / Now Pay online ? Joke

So today I call back 15 times to try and pay my bill. This is because paying online is no Joke. I have never been able to access my account and it has been re-set to no avail.

#261492
Sep 12, 2011
275

Anonymous
Saxon Mortgage - Ridiculous fees to pay your bill

Why are we now having to pay $20.00 for the privilege of talking to a saxon rep? $10.00 phone pay (which used to be $2.50) and if you ever get through the website (still not workin...

#260867
Sep 09, 2011
214

Anonymous
Saxon Mortgage Fraud

In 2009 I requested a loan mod. Filed all the papers and made a deal for payment plan. Paid every month, on time from Feb. 2010 to July of 2010. In July, they returned the paymen...

#253609
Aug 05, 2011
1429

Anonymous
Saxon Mortgage - Never responded to our loan modification, we got the runaround

Saxon bought our loan from Town Bank, they are located in Texas and we live in Virginia, we were late and missed a payment or two so we needed to contact them and work out a paymen...

#251778
Jul 28, 2011
1604

Anonymous
Saxon Mortgage - Saxon Rip-off

My daughter has been trying for two years to get a loan modification. She has filled out all the paper work they have asked for,some of it twice. The Lady keeps telling her she see...

#248175
Jul 11, 2011
628

Jduenas
Saxon Mortgage - Saxon Fake Modification

Same story like others..count me IN - along with the millions of Americans who were duped and swindled by Saxon- like the others, I just want to save my home for my family. I know ...

#242403
Jun 10, 2011
630

Paul1
Saxon Mortgage - Your HAMP Modification was Denied Refile for other Approval

We have been given the run around for the past 2 years by Saxon Mortgage and like almost all the complaints here where in our HAMP was denied and we should apply again along with c...

#239321
May 24, 2011
772

Anonymous
Saxon Mortgages Absolutely Horrible Customer Service

I cannot begin to state how horrible the customer service is at Saxon Mortgages. Their customer service people are very nice, but they know nothing, are unable to make anything ha...

#238371
May 18, 2011
908

Cookie40
Saxon Mortgage is treating their customers unfairly

I sent Saxon mortgage a large downpayment in order to set up a repayment agreement. They gave me NO choice at the repayment amount; that caused me to apply for a loan modification ...

#235944
May 05, 2011
1617

Texastbl...
Saxon Mortgage - No Loan modification since January 2009

We filed for a modification December 2008. Paperwork came in January 2009; we returned the paper work and all documents asked for. Then the letters starting coming did not receiv...

#234009
Apr 24, 2011
1795

Anonymous
Saxon Mortgage - Saxon mortage company

I have been on the phone with them all day trying to speak with the person i spoke with on the 03/31/11, no one has submitted my modification paperwork, and now they want me to do ...

#230955
Apr 06, 2011
399

ShirlR53
Saxon Mortgage - Are ripping us off

We have been ripped off from saxson, we made all our payments but one and now the say we owe 5,000 on loan they lost 4 of our payments and is why we are behind on late charges , wi...

#225676
Mar 08, 2011
323

Debbie h...
Saxon Mortgage - Ihave been trying for 2 years to sell my home Saxon does nothing but give you a run around I'm ready

I'm tired of messing with saxon .I'm ready to get a lawyer.Ihave been trying for 2 years to sell my house.Saxon does nothing but give you a run a round. people have got mad...

#224755
Mar 03, 2011
466

FedFGup!
Saxon Mortgage runaround to Ocwen runaround to foreclosure

After much researching about predetory lending, fraudulent mortgage loans etc, somehow, I came across a search that showed both companies I've been dealing with in the same tit...

#223295
Feb 23, 2011
1093

MsMagnol...
Saxon Mortgage - Con Artist at work!

I have been financed with Saxon Mortgage since hurricane Katrina. What was suppose to be a modification during that time with one of their sister companies has turned into a night...

#221770
Feb 15, 2011
382

Anonymous
Saxon Mortgage - Saxon Harasses you for their mistakes

Watch out for these guys, we pay our mortgage directly each month and all of a sudden they change the acct. number on our check (we have a photo copy of it and they admitted it was...

#220252
Feb 07, 2011
330

IAMNEWSO...
Saxon Mortgage - CLASS ACTION SUIT AGAINST SAXON 734 512 6596

I AM LEADING A CLASS ACTION SUIT AGAINST SAXON MORTGAGE FOR ALL 50 STATES. NOT LATE, LATE, FORECLOSED, SHERRIF SALE OR MORTGAGE RECAPTURE. GET YOUR HOUSE BACK, STOP FORECLOSU...

#219044
Jan 30, 2011
2080
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Loans and Mortgages
Every time there is a need to borrow money person faces an option - to go to a mortgage broker or to work with a direct lender. Many people choose to work with mortgage brokers and direct lenders alike, depending on their individual situation and needs. A mortgage is a lien on a property/house that secures a loan and is paid in installments over a set period of time. The mortgage secures a person's promise that he/she will repay the borrowed money to buy a home. A person should be ready for a financial commitment that could last several decades. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. It is vital to make sure that the right mortgage is selected, the one that is right for a person, his/her future plans, and his/her financial situation. Each borrower may choose among the following types of mortgage: fixed-rate mortgage, adjustable-rate mortgage, balloon/reset mortgage, reverse mortgage. A loan is a type of debt. A loan predetermines the redistribution of financial funds over a certain period of time, between the borrower and the lender. At first the borrower receives a certain amount of money from the lender. The borrowed sum is usually but not always paid back in regular installments, to the lender. As a rule, the service is offered at a cost, which is called an interest on the debt. Under the terms of the loan, a borrower may be subject to certain restrictions - loan covenants. Loans are offered by all the financial institutions, like banks and financial services companies.

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