Mortgage Reviews

First National Fixed Mortgage Consumer Reviews

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(17 reviews)
First National Fixed Mortgage
1.7 out of 5 stars:
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Extra fees/last minute changes

by Very Dissatisfied on Sep 15, 2021
1 out of 5 stars

This company was terrible to deal with and caused so much stress. They were still asking for new paperwork on the closing day even though the mortgage was arranged 6 weeks before closing.
We arranged bridge financing for 4 days and I was shocked at all of the hidden fees. $250 just because; $100 to register a mortgage on the old property; $100 to release the mortgage on the old property; $150 in extra legal fees plus interest. It was the most expensive 4-day loan I could imagine.
They changed the mortgage conditions twice 3 days before the closing date.

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Won't let you pay off sooner

by John on Sep 8, 2021
1 out of 5 stars

They make it very complicated to make additional payments and pay off your mortgage sooner...

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They are con men

by Sha on May 26, 2021
1 out of 5 stars

When we signed on with First National they said the penalty was 4 months interest but it turns out they have a catch that they can base it on the rate differential of the mortgage - whichever is greater so instead of $4000 it’s 14000. These guys are terrible!
Go with anyone else if you can!

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