Chase Home Equity Loans Review
Chase is an FDIC-insured banking institution that offers a myriad of financial services, including home equity loans. Founded in 1799 in Manhattan, Chase Bank acts as a direct financial lender. The company is notable for allowing borrowers to switch from a variable rate to a fixed rate within the loan period, making it an attractive home equity lender.
ConsumersAdvocate.org Rating: 7.2 / 10 (Very good)
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This company is the worst. I have faxed written signed borrower authorization over 6X to the payoff department and ten days later I still do not have a payoff statement. The property is under escrow, and due to Chase Home Equity Heloc department the Seller is very close to being in breach of the contract due to Chase not being able to provide a written payoff statement. The borrower has also called and requested many times and is getting the same response, or should I say lack there of. Do not get a loan here as they may cost you the sale of your property. They are unwilling to recognize the importance and urgency and could care less about their consumer. I highly recommend working with a... Read More