but when we tried to make the XXXX payment on the loan Lima One rejected the payment and put us into default. Once we went into default status it was not possible to obtain conventional financing and things went from bad to worse. Lima One would not accept our payments and they initiated foreclosure proceedings against us.

What the CFPB Record Shows About but when we tried to make the XXXX payment on the loan Lima One rejected the payment and put us into default. Once we went into default status it was not possible to obtain conventional financing and things went from bad to worse. Lima One would not accept our payments and they initiated foreclosure proceedings against us.

but when we tried to make the XXXX payment on the loan Lima One rejected the payment and put us into default. Once we went into default status it was not possible to obtain conventional financing and things went from bad to worse. Lima One would not accept our payments and they initiated foreclosure proceedings against us. has accumulated 1 consumer complaint in the CFPB public database, with filings active across 0 U.S. states. Of those submissions, 1 includes a consumer narrative — the verbatim description of the reported problem that the CFPB collects alongside each filing. The earliest complaint on file dates back to We b, and the most recent logged activity is We bought , giving this record a multi-year window of observable consumer sentiment.

Looking at response behavior, but when we tried to make the XXXX payment on the loan Lima One rejected the payment and put us into default. Once we went into default status it was not possible to obtain conventional financing and things went from bad to worse. Lima One would not accept our payments and they initiated foreclosure proceedings against us. reports a 0% timely-response rate and has closed 0% of cases with a written explanation to the consumer. 0% of complaints were closed with monetary or non-monetary relief — an outcome signal that tracks how often consumers walked away with some form of remediation. A further 0% of responses were formally disputed by the consumer after the company replied, a useful marker of resolution quality independent of sheer volume. The most-reported product category for this record is "rate and payment for this loan. What was NOT disclosed was how the disbursement of our funds we had put into the holdback account would work. This was OUR money that we gave to Lima in CASH to use to repair the property. However", and the single most common underlying issue is "then supply invoice and receipt of the work completed and then there would be an inspection that Lima charged US for every time there was a repair. Because of Covid we would sometime have to wait weeks if not months to get an inspector out and then to get your company to sign off. This was burdensome and difficult".

Complaint volume is heavily influenced by company size, customer base, and market footprint — larger financial institutions routinely carry more filings purely because they serve more consumers. A complaint is a consumer-reported allegation, not proven wrongdoing, and a timely or relief-flagged closure does not by itself confirm fault. Use this page as one input among many when evaluating but when we tried to make the XXXX payment on the loan Lima One rejected the payment and put us into default. Once we went into default status it was not possible to obtain conventional financing and things went from bad to worse. Lima One would not accept our payments and they initiated foreclosure proceedings against us.: cross-check against the CFPB Consumer Complaint Database directly, review your own contract terms, and consult a licensed professional for financial, legal, or regulatory advice. This page is informational only.