Reviews: Fifth Third Bank Mortgage

Fifth Third Bank Mortgage Reviews

1.8 of 5 | 10 Reviews
Overall Rating
2.7
Rates & Fees
2.0
Customer Service
2.1
Knowledge & Expertise
  • Fifth Third Bank Mortgage works hard to be a successful, principled, involved financial institution that serves its customers and community. Since its beginning, Fifth Third has provided superior customer service and followed sound banking principles. Fifth Third began as a Midwestern regional mortgage and banking leader, and has grown to be a national mortgage powerhouse that offers a variety of loan products, including home loans, refinance loans, purchase mortgages, reverse mortgages and debt consolidation loans. It is headquartered in Cincinnati but maintains a national footprint and prides itself on superior customer service and being one of the largest mortgage lenders in the country. Fifth Third Bank offers a suite of fixed-rate and ARM loans, including conforming mortgage loans and jumbo loans. It should be considered whenever service and relationship are a priority.

    Headquarters: Cincinnati, OH
    Website: www.53.com
  • Additional Information

    Fifth Third Bank Mortgage Loans serviced 61,908
    Fifth Third Bank Mortgage Top States OH, FL, GA, IL, IN, KY, MI, MO, NC, PA, TN, WV
    Fifth Third Bank Mortgage Retail offices 379

Bills.com Rating

3.5

Fifth Third Bank has offered financial services to the eastern region of the US for over 150 years. Since its start in Cincinnati, Ohio, the company has expanded to Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia, and North Carolina. Firth Third Bank is a reputable lender that is ranked in the Fortune 500 list and is recognized as one of the most trusted retail bank by the Ponemon Institute. Although the higher fees charged to borrowers makes it a hard choice to get a mortgage with them, Fifth Third Bank make it up by giving one-on-one attention to each consumer. Fifth Third Bank has a wide selection of mortgage products from convention 30 year fixed to interest only mortgages that can be tailored to your needs.

Pros: Personal Attention, Easy Online Application.
Cons: High Fees And Rates, Limited Fifth Third Branches Nationwide.

Reviews & Ratings

Good customer service, costly loan

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Johnny W.
Cincinnati, OH  |  December 03, 2010
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3.0

3.0
Rates & Fees
5.0
Customer Service
4.0
Knowledge & Expertise

I've been banking with fifth third for over 10 years and naturally I went with the bank for my first mortgage. The loan officer was helpful in walking me through the mortgage process, but was at times unresponsive when asked about the various fees and cost when i was looking over the loan documents. It took us longer than we expected to secure the loan, but we were ultimately happy with the service we received.

Etremely slated toward themsleves and not the customers

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Charles T.
Washington, IL  |  July 05, 2011
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1.0

3.0
Rates & Fees
1.0
Customer Service
3.0
Knowledge & Expertise

never wrote a review before but I cannot give this bank a good review.

Refinance and getting screwed!

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John S.
Chicago , IL  |  September 26, 2011
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1.0

1.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

Called to asked about getting refinanced and they went through a bunch of questions with me and told me I was qualified for their streamline loan. They had me open up a billpayer account so I could receive extra savings on my interest. They wrote me an email saying not to pay my august payment because they would be closing soon on my loan. A few weeks went by and I never received any info. Running out of typing room. I am now contacting a lawyer for what's going on.

Be ready to be harrassed!

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Jane D.
College Dale, TN  |  October 01, 2011
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1.0

2.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

Horrible service! I think Fifth Third employees hate their jobs and their customers. Rude! They must take a class on how to be jerks. I have legitimate concerns over THEM not paying my insurance and taxes that are escrowed. Every year they don't pay them and I receive delinquency notices, call them and they tell me I'm wrong! I'm two seconds "late" and they are calling my office, cell, home! Yes, they don't believe in any grace period and harrass you. Due on 5th, they call you relentlessly on 6th...run!

Fifth Third does not watnt to lend money

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Debra P.
Prospect, KY  |  October 12, 2011
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1.0

2.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

I have a credit score of 793. I wanted to refinance at 50% of equity. I have been on my job for eighteen years. I owe a total of $1900 on cc. I pay my AmEx off every month. I have a perfect payment record. They denied my refinance request.

Discouraged customer

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Robin W.
Waynesville, OH  |  November 01, 2011
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1.0

3.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

53 really dropped the ball this past yr as far as I'm concerned. Me=consumer with a cr sc at 800 & on same job over 14 yrs. My 1st situation with them involved them leading me on with a loan approval until 3 days before closing then making the decision the property I was purchasing wasn't worthy...even tho it appraised. Then 53 hounds me to re-fi my current home & I relent only to be told I wasn't eligible. Seriously? They get more $ from me ea month w/current loan so why should they?

Efficient service

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Jon S.
Ashland, KY  |  November 21, 2011
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2.0

4.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

The efficiency of the staff is excellent, that is in getting you off the line and going to the next customer. The mid management has grasp the concept of getting promotions by showing fast service and getting attention to their departments but the stars they are wining are at the expense of the customers.

Fifth Third Bank helped me get a loan.

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Frank B.
Hartford, CT  |  December 08, 2011
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5.0

4.0
Rates & Fees
5.0
Customer Service
5.0
Knowledge & Expertise

Thanks to Fifth Third, i finally refinanced.

Online Mortgage Payment - NOT!!

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Rick M.
Alexandria, VA  |  December 30, 2011
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2.0

4.0
Rates & Fees
3.0
Customer Service
3.0
Knowledge & Expertise

OK, it's the 21st century and no online mortgage bill paying? Are you kidding. Also, I can't even look up balances since there's no online access. Pitiful.

Worst Customer Service Imaginable

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Therese P.
Manassas, VA  |  January 17, 2012
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1.0

1.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

It's like this company goes out of its way to devise the most archaic, frustrating, and horrible customer experience possible. They pester me night and day to refinance even though I've told no fewer than 4 different agents that I can't refi now. I've tried to change my address multiple times, but I'm pretty sure that hasn't worked and I can't get through to anyone with their tortuous phone system. Why not go online? Oh, that's right, there's no web access. Total fail.

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