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How would you rate Mr. Cooper?
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New Jersey
1 review
2 helpful votes
Follow Stacie H.
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Worst company ever.
March 25, 2023

I have had nothing but problems since coming to this company. When I was first switched, I got over 20 phone calls in 5 days. When i finally called back to find out what they have been calling for, I was told they didn't have any idea why I was being called. Customer service is terrible. They give you the run around and never get your problems solved. They don't mail you your statement/bill until after it's due (I haven't received my bill in over 6 weeks) and then they try to make you pay a late fee for their mistakes. This company is a complete nightmare. I have had to call twice a week for the past 3 months because of something that got messed up. This place is a joke. The moment I have the opportunity I am getting away from them immediately. It's a constant fight with them. I can't even get them to mail be my bill in a timely fashion. But I get all of their other mail. Please avoid at all costs.

Date of experience: March 25, 2023
New Jersey
2 reviews
8 helpful votes
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Awful Mortgage Company
September 18, 2023

My mortgage was just transferred to Mr. Cooper. They can't find my payment. They have no live phone support. Their "Live Chat" consists of poorly trained reps who cut and paste pre-written responses. Once you encounter a problem with Mr. Cooper - there is no way to resolve it. The answer to the song lyric, "Will it go 'round in circles?" is YES if you do business with Mr. Cooper.

Date of experience: September 18, 2023
California
1 review
9 helpful votes
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These guys are horrible I paid my loan off over a month and a half ago and have not received my escrow or over payment funds back. My real estate taxes are now overdue and I will be charged late fees and penalties because this corrupt company is illegally holding my money. I have left multiple messages to speak to a supervisor and have been told I will receive a call with in 24 to 48 hours... 7 days later I am still waiting for a call. This company is very incompetent, inept, and unprofessional.

Date of experience: February 19, 2021
Illinois
1 review
6 helpful votes
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Worst ever
January 28, 2021

Talked me into a re-finance. Paid $400 for an appraisal, then left me hanging & changed my processor a few times. Finally got fed up and told them to forget it. Now I am out the $400. A joke of a company to deal with

Date of experience: January 28, 2021
California
1 review
6 helpful votes
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I've had this home loan and house for more than 11 years. Never had i had an issue until Mr. Cooper home loan services took over my loan. They failed to pay my homeowners through my impound account despite taking my money every month. Additionally, it is virtually impossible to get in touch with an actual human being at this company. This place is completely useless.

Date of experience: September 13, 2023
Illinois
1 review
9 helpful votes
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HORRIBLE MORTGAGE COMPANY
February 23, 2022

My review of one star is quite generous. I only gave it a one because I had to fill this field in. Beware of 'Mr. Cooper. The name suggests a friendly type of business. Their customer service is TERRIBLE. You call them with an issue and spend some time with them trying to resolve the problem, and they do absolutely nothing about it. It's like talking to yourself. Buyer beware. MR. COOPER SUCKS!

Date of experience: February 23, 2022
Tennessee
1 review
11 helpful votes
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Stay away!
September 23, 2020

Mr. Cooper used our escrow account to pay someone else's hazard insurance. They admitted their error, but 4 months later, there's still no refund to our account. We cannot refinance now because of the negative escrow balance we now have due to their error. We were told a check was sent and they went as far as giving us a check number, but the check never arrived. We have made numerous calls and sent emails, but they are no longer communicating with us. This is fraudulent and wrong! STAY AWAY FROM MR. COOPER!

Date of experience: September 23, 2020
Florida
1 review
8 helpful votes
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Good luck getting past the automated system. It will never let u talk to anyone. This company also messed my escrow account up and had me paying hundreds of dollars more than I was suppose to. There automated system alone makes me never ever want to business with company ever again.

Date of experience: December 4, 2023
Idaho
1 review
4 helpful votes
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Mr. Cooper purchased my mortgage from Quicken Loans, and the experience has been nothing short of a nightmare.

I have always paid my mortgage bi-weekly. That is a foreign concept to this company who, even if you are paid ahead by the normal monthly payment, they have hoops and forms and voided checks to jump through (1990's called and wants its business processes back) and you actually have to get two months paid ahead for them to even consider. Customer Service is awful and they just pawn you off. Welcome letter from Jay Bray, CEO says "I have great news!

Your mortgage has been assumed by Mr. Cooper!" He is a liar.

That news was awful and it's been awful ever since. I tried to contact the company to share my experience being so awful and complicated and I was completely dismissed.

Date of experience: November 15, 2020
Minnesota
1 review
6 helpful votes
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Horrible company
September 20, 2019

This company is horrible. Our loan was sold to them from our previous mortgage company. We have our payments set up o line to come out twice a month yet they sent a fat lady every month with a sheet of paper saying we're 16 hours late on our payment. They can shove their papers in her fat rolls & get over a late payment.

Date of experience: September 20, 2019
Kentucky
1 review
12 helpful votes
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Only for interest Charges, payment no for principal account. I want to get Cancellations of Deferral Request after I pay all the amount of *******. 27 dollars. But they just delayed and delayed to respond and tell me to wait. Really bad service for money.

Date of experience: February 8, 2021
New York
1 review
29 helpful votes
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0FG from Mr. Cooper
February 16, 2021

I missed a mortgage payment. Absolutely my fault. Too bad it was 30+ days when I realized it. You see, I received a confirmation of payment email, my father died, and I was offered a new job all in the same week. I paid all dues and requested a gesture of goodwill, explaining everything, to repair my credit. I have no other missed payments in my history. Anywhere. They told me no, and that everything has been reported accurately. You can do so much better looking for a lender.

Date of experience: February 16, 2021
Arizona
1 review
3 helpful votes
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Worst company ever!
November 12, 2021

My bank sold my loan to these clowns a couple months ago... I had no say in it! I made the mistake of trying to do a recast with them... 3 months later... no recast. However they did let me know that I "qualify" for a home warranty! I told the girl I would rather have bamboo shoots up my finger nails than buy anything from them!

Date of experience: November 12, 2021
Missouri
1 review
5 helpful votes
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After a year of waiting to purchase a home from Mr. Cooper they declined my offer. How I don't know but I do know I'm in a legal contract. They put the house back on the market and took someone else offer. They did this before the second lien holder approved my amount. Talk about fraudulent activities, so I filed a civil lawsuit. I'm going to let the legal system fight for me and my children. How can you do someone with a illness like that but they did they didn't care. Now they trying to pressure me into signing a mutual cancellation agreement, I didn't agree to anything, but thanks I do look forward to seeing them in court.

Date of experience: September 27, 2020
Georgia
2 reviews
9 helpful votes
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Mr. Cooper is a fraud! My mom was advised that she would have to pay for flood insurance so she purchased flood insurance through USAA & after being assigned to my mom's account, you went into my mom's Escrow and stole $974! After she purchased the insurance! USAA had your company return the money, but since then your company has found another way to get my mom's money... buy adding an extra almost $100 to her mortgage! This has to stop! She's a widow. Your company is a scam!

Date of experience: June 11, 2020
Canada
2 reviews
8 helpful votes
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Terrible nonexistent customer service. They violate Marketing Laws as I remove myself from receiving marketing material and phone contacts and yet all I keep being inundated with marketing material and sales calls asking me to refinance. This is the worst mortgage company on the face of the earth I actually put my house up for sale so I can get rid of the mortgage.

Date of experience: May 14, 2019
New York
1 review
5 helpful votes
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Our loan was bought by Mr. Shady Cooper! And they actually come to your home and try to embarrass you by putting letters on your door... month late or so... mail it! But no they like their crappy tactics! Stop trespassing and use the mail and all their phone calls omg! Look elsewhere!

Date of experience: August 5, 2019
Texas
1 review
7 helpful votes
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Idiot's
November 13, 2019

This mortgage company is the most incompetent company we have ever dealt with, we have been trying to add a simple escrow to our account for about a year now and they cannot figure out how to get it done. I wish Citi bank didn't sell our loan to them, I cant stress enough how much we cant stand their stupidity!

Date of experience: November 13, 2019
Montana
1 review
4 helpful votes
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I only gave them one star because it wont let me give them no stars. Mr. Cooper has no customer service. I have talked with 7 people to try to get a payoff number, I have been given different info from each. I was even told by a manager that my info would be ready on Thursday, but on Friday I am told the process just started on Thursday and it would be 4-5 more days.and of course I cant talk with that manager any more, would not even return my call from the direct line she gave me to contact her.

Date of experience: April 9, 2021
Colorado
1 review
5 helpful votes
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Mr. Cooper has lost 3 payments In 6 months. Each time I called I was on hold for over a hour and than hang up on twice. I was told on two different occasions that is was against their policy to help customers

Date of experience: September 3, 2019

Overview

Mr. Cooper has a rating of 1.3 stars from 440 reviews, indicating that most customers are generally dissatisfied with their purchases. Mr. Cooper ranks 236th among Mortgages sites.

service
173
value
156
shipping
15
returns
15
quality
153
+17