JPMorgan Chase & Co. Mortgage Complaint

Conventional fixed mortgage Settlement process and costs

JPMorgan Chase & Co. Mortgage department,

Conventional fixed mortgage Settlement process and costs Michigan

I live on the 5th floor of a condominium building. Chase Mortgage is demanding I provide excessive flood insurance coverage on my personal unit policy in addition to the flood coverage my association provides. On the 5th floor it is inconceivable that flood waters could ever rise high enough to enter my unit. I feel this coverage is unfair and an unnecessary and unjustified additional expense to me.

JPMorgan Chase & Co. customer in Michigan
May 10, 2016

* Source: CFPB Complaint Database

JPMorgan Chase & Co. response to complaint:
Closed with explanation

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