Cookies on BBB.org

We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Manage Cookies
Share
Business Profile

Loan Servicing

LoanCare, LLC

Headquarters

Reviews

This profile includes reviews for LoanCare, LLC's headquarters and its corporate-owned locations. To view all corporate locations, see

Find a Location

LoanCare, LLC has 3 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • LoanCare, LLC

      3637 Sentara Way Virginia Beach, VA 23452-4262

      BBB accredited business seal
    • LoanCare, LLC

      601 Riverside Ave. Bldg 5 3rd Floor Jacksonville, FL 32204

      BBB accredited business seal
    • LoanCare

      4330 W Chandler Blvd Chandler, AZ 85226-4965

    Customer Review Ratings

    1.06/5 stars

    Average of 267 Customer Reviews

    Want to share your experience?

    Leave a Review

    Review Details

    • Review fromDarbie B

      Date: 07/03/2024

      1 star
      Hope you never have an insurance claim while they are your mortgage company. Request something and you send it. They say they got it. A few days later it's somehow gone missing. Been going through this for 11 months!!! They hold your insurance money hostage and make every excuse not to pay it to you. My insurance company has said multiple times this is by far the worst mortgage company to deal with. All while my house is still getting destroyed. Orginal cost of repairs was $***** now close to $**** in repairs due to cost of stuff rising and additional water damage. I have personally paid over $*** for repairs thus far and they refuse to reimburse me for it out of my own insurance funds! I'm now at a point of having to hire an attorney as I'm left with no other options. My insurance went from $**** a year to just going up to $*** a year due to repairs not being completed. Steer clear of these people at all cost!!!
    • Review fromJohn R

      Date: 06/28/2024

      1 star
      Awful. Zero flexibility on how to pay. I want to pay my variable loan on the two payments per month method -- they can't accommodate. Tried to pay extra principal -- went in as interest. What a mess. They have me over a barrel because I can't refi away. Thinking of options for some sort of lawsuit.
    • Review fromSheila K

      Date: 06/20/2024

      1 star
      Worse Customer Service that I have ever dealt with on our home mortgage loan. Do not use this company for your home loan. I was trying to payoff my home mortgage. I was unable to use the online payment option. I was told that final payment had to be made by cashiers check and sent to Loancare *** ********** *** San Francisco CA. Payment was never recorded and they then issued late fees on the loan. I have called Customer Service and they stated the check was mailed to the wrong address which their customer service department provided to me. They would not own up to their mistake and said so sorry but I need to send another check to another address - PO Box **** Virginia Beach VA. Are you kidding me!!!! I have no idea where my cashiers check is now and they want another check! DO NOT USE THIS LOAN SERVICE!
    • Review fromKatie T

      Date: 06/18/2024

      1 star
      Would give this company zero stars if possible. Absolute worst experience. I was trying to refinance my home with loan care who is my current lender. What a horrible decision. Months wasted, with horrible communication, service and follow up. Would not recommend to anyone.
    • Review fromFran A

      Date: 06/17/2024

      1 star
      I received no return phone calls and dead end emails saying they have not received my paperwork but yet I sent them numerous times. Catherine ******** never returns my calls and only sends emails weeks later saying she hasn't received them while at the same time she replies going on vacation or will be out of the office. I have sent papers since Dec of 2023 and still no resolution.
    • Review fromWhitney M

      Date: 06/13/2024

      1 star
      Worst bank to ever have my mortgage through.
      House burned down 5 months ago, they have my insurance check, each person I talked to gave me different answers, pending review right now in the corporate office says it’ll take 10 days today has been 14 and I’ve gotten no answers. This place needs shut down.
    • Review frommatt L

      Date: 06/11/2024

      1 star
      Won't stop harassing me stating I have no homeowners insurance. I've provided proof and been told it was received multiple times. Garbage company that doesn't deserve to be in business
    • Review fromDan D

      Date: 06/07/2024

      1 star
      LoanCare, LLC is a complete garbage company. We have sent in extra payments labeled "principal only" for months and months. The continuously place our money in a suspense account and hold it until we call in. We have to call every single month and have it disputed. The cash department tells us that this is how the system is set up and can't be changed. This is unacceptable and needs to be changed. We are paying off our mortgage early just to get rid of this crooked company.
    • Review fromMike D

      Date: 06/06/2024

      1 star
      Terrible. I have paid my mortgage on time for years. We had a tornado come through and LoanCare holds the funds and demands paperwork from the insurance company that is not customary. My insurance stated that over **K claims, they never dealt with such a difficult company. Meanwhile, my funds sit in their account and my house stays in pieces.
    • Review fromRobert N

      Date: 05/30/2024

      1 star
      LoanCare, LLC probably has the distinct honor of gathering the most incompetent (or evil) group of people ever assembled to form a company. They seem completely incapable of depositing a loan payment, even when mailed at least a week or more early, and yet they never have a problem charging a $**-dollar late fee for THEIR incompetence. When called they will acknowledge their error and seem most willing to help, but don't be fooled: as soon as they are off the line your conversation has been erased from their memory and it's back to complete incompetent business as usual. Now they even are mandating we send our payments by certified check. When called on this the person on the phone said that they could not access our account, it had been locked. Then we were told that any further conversation would have to be conducted through email. No more person to person, no going up the chain of command. LoanCare customer service at its finest. I would love to leave 0 stars, but this site won't let me. How the *** can possibly see this as an A+ company is beyond me.

    BBB Business Profiles may not be reproduced for sales or promotional purposes.

    BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.

    When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

    BBB Business Profiles generally cover a three-year reporting period, except for customer reviews. Customer reviews posted prior to July 5, 2024, will no longer be published when they reach three years from their submission date. Customer reviews posted on/after July 5, 2024, will be published indefinitely unless otherwise voluntarily retracted by the user who submitted the content, or BBB no longer believes the review is authentic. BBB Business Profiles are subject to change at any time. If you choose to do business with this company, please let them know that you checked their record with BBB.

    As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation. BBB charges a fee for BBB Accreditation. This fee supports BBB's efforts to fulfill its mission of advancing marketplace trust.