Keybank 1

-* I rated Keybank with a minus one star based on my experience with Keybank on my home loan. My Minimum Mortgage payment was $ 559.68 and for several years I was paying $ 650.00 per month asking Keybank to applied the difference towards Principle. What Keybank did every other month was to applied the full $650.00 towards interest only and then the following month applied the full $ 650.00 towards principle. I called and asked what was going on and I could never get a satisfactory answer. The only way I could get Keybank to properly apply the payment was to send two payments; one for the minimum payment and the second check for additional principle with a statement on the check "Principle Only". When I first started this process late 2006; January 2007, Keybank reverse my princple payment for December 2006 in the amount of $ 650.00 to interest only. On my 1098 for 2007, Keybank did not include the $ 650.00 in the amount of interest I paid to Keybank. I added the $ 650.00 to my tax return and wrote a statement and included the mortgage statement showing the reverse principle to interest.

I paid off Keybank early (about ten years early) and I estimated that Keybank over charged me $ 3,791.35 for interest. I compared the amount of interest I paid to Keybank and the amount that Keybank claimed on the Tax Form 1098 and they did not $ 1,706.84 of interest that Keybank charged me.

If anyone knows a good lawyer that can help me in this matter, please email me at James1178@gmail.com