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First Franklin Loan Services

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28 complaints

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First Franklin Loan Services is a diversified wholesale lender. The company was founded in 1981. First Franklin Loan Services offers wholesale residential mortgage lending and a diverse range of related services. The company provides a lot of broker resources to its customers. To get a loan with First Franklin Loan Services, a customer can cooperate with account executives or just use an automated branded underwriting system that is called Easy Writer. The company was among the first lenders to market a FICO score-based product.

First Franklin Loan Services provides a lot of home loan solutions chosen according individual needs of a customer. Please try to contact First Franklin Loan Services Customer Service directly prior to posting any complaints on this site.

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First Franklin Loan Services Complaints & Reviews

First Franklin Loan Services Reviews

INEEDMYM...
First Franklin Loan Services - Duplicate insurance payments and did not reimburse me!

I contacted First Franklin Home loan services back in July 2010 and until now and the gave me the run around until they sold my loan to BAC Home Loan service and now they are givi...

#228031
Mar 21, 2011
275

Anonymous
First Franklin Loan Services is a Racketeering Influenced Corrupt Organization

First Franklin Loan Services act like gangsters and should be treated as such. Whether this is due to the lack of experience of corporate management or done at direction of corpora...

#203094
Oct 17, 2010
720

Anonymous
First Franklin Loan Services - Put us in foreclosure

First Franklin is a bunch of crap, dont let them mislead you for months like they did us, just so they can put you in foreclosure. the attorneys general oiffice is already investig...

#193762
Aug 13, 2010
539

Anonymous
First Franklin Loan Services - Contract Breach

First Franklin agreed to a loan modification to lower the interest rate and then turned around and jacked up the interest rate. In addition, they tried to tell us that we had to ha...

#184366
Jun 02, 2010
568

JoSantia...
First Franklin Loan Services - Did not lower payments

I got ripped off by a property manager and almost lost my house. First Franklin said that they will re-modify my loan but the payments did not come down. Now a year later, I can...

#183227
May 23, 2010
385

Dwoods
First Franklin Loan Services - Would not assist me!

I was told that First Frankin purchased my loan. They raised my interest rate. I fell on hard times. The mortgage co. refused to work with me. This is inspite of all the bail pr...

#182293
May 16, 2010
325

Darren j...
First Franklin Loan Services - Disabled Veteran about to loose his home due to this unhelpful company

I am a disabled veteran and this mortgage company said they would work with me but has not and said that I either should sell my house or I will loose it. I have a fiance and ...

#162509
Nov 20, 2009
340

Sunshine...
First Franklin Loan Services illegally entered my home and removed my stuff

First Franklin illegally entered my home, changed the locks and removed all of my belongings. All they did was say it was a mistake and returned the new key. And then they did i...

#160888
Nov 02, 2009
1128

Angelain...
First Franklin Loan Services - I fear losing my home

It started when I first closed on my home and my loan rate increased just prior to the closing. It was hard enough that the closing on my house was pushed off over and over again ...

#159434
Oct 16, 2009
552

Anonymous
First Franklin Loan Services

Anyone that deals with these jerks...just be ware yes due to them and the dumb a....they have working there...We too are in foreclosure with a 3 year old and husband in bad health....

#146277
Mar 13, 2009
1228

Anonymous
First Franklin Loan Services - FORECLOSED THANKS TO FIRST FRANKLIN

I have been trying for months to work with first franklin to sale my home due to relocation. They sold our loan once we made arrangements to catch up two payments. Then they ...

#139400
Oct 14, 2008
1168

Anonymous
First Franklin Loan Services - First Franklin - Does not post extra monies to principal as requested and post payments late

I have a mortgage with First Franklin and I send extra money to apply to my principal every month, either $126 or $626. On the statement coupon provided it asks how to apply my pay...

#139193
Oct 13, 2008
767

Anonymous
First Franklin Loan Services - Harrassing phone call in the evening

This company keeps calling my wife and I to harrass us even though we told them we are not the people they were looking for. They said we are behind in our mortgage, I have no mort...

#137912
Oct 02, 2008
396

Anonymous
First Franklin Loan Services - First Franklin

Well to our dismay and working with the resolution team at first Franklin they have not done 1 thing to modify our loan we are in construction and the last year has been a mess i h...

#137737
Oct 01, 2008
868

Jenfink
First Franklin Loan Services - They put us in foreclosure

We tried for months to get help from First Franklin and all the while we were on the repayment plan they put a ding on our credit report and charged us a fee. we tried for many mon...

#136722
Sep 24, 2008
735

Anonymous
First Franklin Loan Services - Re-payment vs modifacation

I sent in papers for a modification and got a reply for a repayment. I was never told about the 2 and why they were used. I was talked down to and several times during my conversat...

#136367
Sep 22, 2008
2697

Stang65
First Franklin Loan Services - First Franklin Entrapment Loans Beware

I refinanced my home loan with First Franklin and for one they took forever 2 they didn't roll to one item I asked them to roll into the loan and by time they told me not to pa...

#136242
Sep 20, 2008
461

Anonymous
First Franklin Loan Services - First Franklin is not customer friendly!

In May 2007, I had flown in to close on a second home. I had provided all documentations (after a gruelling guessing game by their employees). Once I left the table with what I tho...

#134119
Sep 05, 2008
350

Anonymous
First Franklin Loan Services Screwed me!!!

OMG!! 1st Franklin is a joke! My husband & I closed two years ago and just recently fell victim to downsizing. We tried to keep up, but fell behind on our mtg. When I spoke wit...

#131946
Aug 18, 2008
734

Suegatin
First Franklin Loan Services

They rip you off! They don't communicate whether they can help you or not...after letting you submit several requirements for a "supposedly" Hardship Program they hav...

#122570
May 30, 2008
818

Angie
First Franklin Loan Services - First Franklin will not Help!!

My ARM just switched to an adjustable rate with First Franklin. So far, they have lost my paperwork, and lagged on reviewing my letter and "modification" package. I am tr...

#121259
May 17, 2008
911

Callana
First Franklin Loan Services - First Franklin Resolution Team doesn't help

I am also a customer of First Franklin, They leneded me 285K at 100%, telling me that the rate was 7.5% for the big loan for 30 years..... yes... amortized for 30 years but payable...

#119907
May 05, 2008
1564

Anonymous
First Franklin Loan Services dont help you when your in need.

First Franklin led me to believe they were going to help me keep my home. Many phones were made to discuss my situation. It all started 8/07. They kept loosing my pape...

#118288
Apr 17, 2008
593

Danbury
First Franklin Loan Services - Not Consumer Friendly

We closed with First Franklin in 2004, We were talked into re-financing when the interest rates dropped in 2005. No one told us that the re-finance was an adjustable 5 year l...

#116392
Mar 25, 2008
681

Carolinev
First Franklin Loan Services - First Franklin fooled me too,and is still going...

Caroline, here..I have been fooled by First Franklin too.It started at closing,when the interest rate was changed right at closing from 7.0% which was promised to an 8.75%, ya........

#115890
Mar 19, 2008
803

Eshep29536
First Franklin Loan Services - First Franklin Loan Servicing

First Franklin Loan Servicing is horrible.I closed on the house in July 2007. My taxes and home owners insurance are escrowed and First franklin required me to have a paid up...

#113945
Feb 25, 2008
3702

Grneyedj...
First Franklin Loan Services - A Painful Leason w/1st Franklin

When I first satrted dealing with them on my refi- they were ok...but it was'nt 'til over a year into my contract that I found out that I had a ARM instead of a Fixed loan@...

#109655
Dec 30, 2007
1445

Anonymous
First Franklin Loan Services - First Franklin is the Worst

I had some difficulty in the beginnng because of a situation beyond my control. I approached First Franklin to see if they would put the one payment to the back of the loan, they r...

#106707
Nov 05, 2007
2181
Reviews 1-28 of 28

Related Information

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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