JPMorgan Chase Mortgage Complaint

Home equity loan or line of credit Application, originator, mortgage broker

JPMorgan Chase Mortgage department,

Home equity loan or line of credit Application, originator, mortgage broker Maryland

Chase sent me a letter stating my Home Equity payment is increasing by some 300 % from $980.00 to $2400.00 and to call to see if they can lower my payment. I have been a good customer never missing a payment for both the first mortgage I have with them as well as the Home Equity. When I called they said they needed $500.00 from me before they could start the process to see if they could lower my new payment. I spoke with -. He informed me that it looked like I could combine both loans into a new mortgage and therefore avoid the huge increase in the monthly payment but I had to pay the $500.00 first. I find this a bit odd and am surprised with Chase 's behavior and appears may be some fraud going on at the bank to get $500.00 from folks

JPMorgan Chase customer in Maryland
Apr 03, 2015

* Source: CFPB Complaint Database

JPMorgan Chase response to complaint:
Closed with explanation

Consumer disputes how JPMorgan Chase handled their complaint

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Contact JPMorgan Chase

http://www.jpmorganchase.com/
(212) 270-6000
[email protected]
270 Park Ave Fl 12
New York NY 10017
JPMorgan Chase
JPMorgan Chase

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