Colonial National Mortgage is a division of Colonial Savings F.A. and is headquartered in Fort Worth, Texas. They also have branches in Oklahoma, Colorado, Kansas, and Louisiana.

Review

Note: Read Our Top Five Mortgage Complaints!

Their website says “Since 1952, Colonial National Mortgage has been doing the right thing for homebuyers nationwide, helping them finance what is probably the biggest material investment of their lives. We retain the servicing on 99% of loans we make, which means we don’t sell your loan to other companies once you close, so you always know who to call when you have questions.”

They had over $3.7 billion in mortgage applications in 2011 with refinancing being almost double that of purchase loans.

Fannie Mae released the names of servicers who were awarded a designation in their STAR Program which is for overall performance, foreclosure prevention, and customer service. Colonial Savings received 3 out of 5 stars for 2012.

We are depending on you, our readers, to let us know what you think of their mortgage rates and service. Input a comment below and give us your thoughts.

Website and Phone Contacts

Website:
www.cnmcs.com

Phone:
(800) 937-0423

Ratings and Complaints

The BBB reports on 4/13, “22 complaints closed with BBB in last 3 years | 12 closed in last 12 months” with an A+ rating. This rating is for their headquarters listing and for the bank as a whole not just the mortgage division.

The comment section holding the reviews on the company is right below. Tell us about any problems, fraud, or scams. We would really like to hear your experience, good or bad, with this company, so add your comments by typing in what you think in the comment text box and then hit submit. Once your comment passes moderation, your review will appear.

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