Customer ReviewsforMutual of Omaha Mortgage
358 Customer Reviews
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Review from Heather K
1 star09/18/2024
My father was looking into possibly getting a reverse mortgage on his home. He reached out to Mutual of Omaha Mortgage and "***** from Mutual of Omaha" replied from the phone number (949) ********. "Hi, it's ***** from Mutual of Omaha. I see that the package arrived at your house. lol. Is this your front porch? lol. And you think paying off a $**,*** mortgage isn't enough??!!" along with a picture of the proof of delivery of the packet on my fathers porch. My father did not respond. 13 days later my father received an additional text, "Hi ***** it's ***** from Mutual of Omaha we updated your file and now we can pay off your mortgage and offer $*k instead of *." My father then handed me the phone to reply what he was needing to which I (my father) replied what he was looking to borrow money wise along with, "I appreciate you taking the time to message again, but I also want to make sure this will be worth my time, as well". ***** replied, " 'My home appraises for over $***k... the equity in the home is over $**k.' your statement, we don't grant you 100% of the equity in home because you're staying in the home! You want $**,***? Sell your home and have to move find a new place uproot your family. Boxes, moving stuff, at (age)? Nightmare. The idea is to STAY IN THE HOME. This is NOT a cash grab, this is about securing a long term financial position to set yourself up for enough funds to pass the test of time. You have no or very little savings. Is that safe? Isn't this better than you current path? Go ahead, keep paying on that mortgage you'll have for * more years lol. Any 'extra funds' are just gravy bud." THEN REPLIED AGAIN WITH, " 'I want my mortgage paid AND $**,***!' It's like the impossible list for Santa ****** It's like you want your cake AND eat it too". I responded to ***** at my father's approval,Bullying, making fun of and degrading IS NOT ACCEPTABLE, nor should it EVER BE TOLERATED.Mutual of Omaha Mortgage Response
09/27/2024
Mutual is sorry to learn of your father's frustration with the loan process. Mutual has addressed the matter and responded directly to the complainant outside the BBB portal.Mutual of Omaha Mortgage Response
10/02/2024
Mutual contacted the complainant directly to resolve the complaint. Mutual is very sorry to learn of the borrower's frustration with the loan experience and believes it has resolved the complaint to the complainant's satisfaction.Review from Morgan K
1 star09/12/2024
I had a horrible experience with Mutual of Omaha Mortgage. It started out ok our LO represented himself well and had promises of sunshine and rainbows. As time went on things started to feel wrong (for lack of a better word) At first communication was good, not great but good enough in these busy times. We were getting all of our documents submitted and all info requested in a timely manner. Then all of a sudden we were getting emails or phone calls stating they never received the info so we had to submit it all again. This happened 3 times. We were strung along for almost 7 weeks and had to push closing 3 times. Communication started getting less and less as time went on. I would call and leave a voicemail or send emails and not receive an answer in a timely manner or i just wouldn't get an answer at all. Once he sent our info into underwriting they kept asking for the same things over and over that had already been submitted more than once. This is when he told my agent that they sent the loan to upper management but he said don't worry it will be fine. And the most unprofessional thing he did was text (not call, not email, text) our agent and said "sorry its a no go" and that was it. no explanation no call text or email to me (the applicant) not a word. So we had our loan app transferred to another company and he told our agent he "couldn't" have our info sent to the new place. After that I was also informed the appraisal also would not be transferred until it was paid in full despite having paid it the beginning of August. He didn't tell us we had an extra cost that was not paid. We have the receipt for being paid in full. Another thing i had an issue with was he would tell me one thing over the phone and a completely different thing in an email about the same subject. I understand its a busy time and that things happen sometimes but this experience was very unprofessional and held us and the sellers up for almost 2 months for no good reason.Review from Johnny G
1 star08/19/2024
***************************** came on strong and convincing that he could get me a Refinance VA loan on my home. i paid for the Appraisal, Termite Inspection Water Test etc out of my own Pocket..they denied my Loan saying my property was Unacceptable and inadequate collateral. called and left two messages was sent a message that he would call me today didnt happen. i feel that this company has discriminated against me. i am very disappointed in ******* for his nonresponse after he said he would answer any questions for me..Mutual of Omaha Mortgage Response
08/22/2024
Mutual did not uncover any discrimination in connection with the loan transaction and submitted a detailed response to the complainant's email address on 8/22/2024.Review from Baltazar G
1 star08/14/2024
Well... Things certainly took a turn today. At first I thought *************************** represented himself well and was very supportive. Today, after signing the initial disclosures yesterday I've learned how sleezy of a sales person he really is. After working with him and saying I must have the appraisal completed by the 19th. (Sent him the agreement and worked with him via text message) He told me to use someone else because he's not with the "***** bullsh*t" and assured me he advised me the August 24th. Needless to say we won't be doing business with Mutual of Omaha Mortgage and will do business elsewhere.Mutual of Omaha Mortgage Response
09/20/2024
Mutual of Omaha Mortgage, Inc. believes that this review was submitted to the wrong party. Mutual acted as the mortgage lender on this transaction, and the individual listed in the review is not employed by us. He is associated with a third-party mortgage broker, Move Home Lending. We are sorry to learn of your frustration with your mortgage broker. It appears that this loan was never submitted to Mutual for underwriting.Review from Robert K
5 stars06/29/2024
Mr. *************************** with Mutual of Omahas Reverse Mortgage Department was heaven sent. I was feeling very anxious and uneasy because I lacked a clear understanding of how a reverse mortgage would work in my situation. Connecting with an agent who had been in the business for years representing a FIVE STAR company quickly dissolved my angst. **** patiently answered all my questions. He walked me through the entire process resulting in an outcome that I could not be happier with. My wife and I love our home and it is such a great feeling knowing that we can age in place.Review from Walter M
1 star06/21/2024
The agent say things to get you to fill out application for a loan for much more money than what you need, then they do credit check and come up a fake excuse to deny you the loan! Then I fill like I just give up a lot of personal information and if they get hacked, ther go's my personal information,agen.Mutual of Omaha Mortgage Response
07/31/2024
Mutual of Omaha Mortgage, Inc. responded to the reviewer's complaint via email on 7/31/2024. Mutual's investigation determined that the adverse action was valid. Mutual of Omaha Mortgage complies with all state and federal laws regarding the safeguarding of a borrower's nonpublic personal information.Review from salvatore p
1 star05/31/2024
they **** been dealing with them for 2 months still no mortgage cant get an answer from anybody would not recommend them to anybodyMutual of Omaha Mortgage Response
06/28/2024
A detailed response was emailed directly to the review. Mutual reviewed the complaint and determined that the company was actively trying to track down necessary documentation to complete the reviewer's transaction. There is no evidence of delays or unresponsiveness.Review from Maria A
1 star05/30/2024
Mutual of Omaha Mortgage worst experience ever, when we started the process they told me I qualify for a consolidation so after I pay for the appraisal they start acting weird, no returning my calls or texts and when I was lucky enough to get a respond they said the under writing team was reviewing my application, do not waste your time or your money with this company. I give this company 1 star on the review just because it doesn't let me post it with out it.Mutual of Omaha Mortgage Response
06/28/2024
Mutual of Omaha Mortgage, Inc. provided a detailed response directly to the reviewer via email. Mutual's review found that the reviewer was notified of the status of her loan in a timely manner and didn't find evidence of delays in the loan process.Review from George B
1 star05/23/2024
Do not use this company! I noticed out of every review and complaint this company comes up with some reason to justify their inadequate performance and practices. Please save yourself the headache and hoop jumping and stay away from them. If I ran my small business as they run this big business I would be in legal trouble at best. They strung me along right up to two days before closing asking for paperwork that should have been checked pre closing. So $1000 dollars out of pocket and they made me bump my homeowners insurance premium up all to say two days before closing they cant do it. So Im sure they will come up with some excuse to justify their inability to have competent people do loans as seen on the reviews So take my advice STAY AWAY FROM THEMMutual of Omaha Mortgage Response
06/21/2024
Mutual reviewed the complaint and provided a detailed response to the complainant via email. The investigation did not uncover any signs of unnecessary document requests, inadequacy, or incompetence.Review from Triston S
5 stars01/24/2024
I previously posted a 1 star review regarding Omaha mutual. However it was premature. Im posting this to retract my former review and to give 5 stars. I have to commend *********************** for reaching out to me and taking care of all my needs. Very helpful with all questions and helped me feel more confident in my ability to purchase my first home. Thank you for what you do. I am looking forward to working with Omaha Mutual and ***********************.
Customer Review Rating
Average of 358 Customer Reviews
Contact Information
1 E 22nd St Ste 401
Lombard, IL 60148-6159
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