JPMorgan Chase Mortgage Complaint

Conventional fixed mortgage Application, originator, mortgage broker

JPMorgan Chase Mortgage department,

Conventional fixed mortgage Application, originator, mortgage broker Wisconsin

We met with a mortgage lender to find out how much it would cost to close on a new home. We were told that the normal closing costs were $1300.00, but because we were premier clients, it would only be about $600.00. To start the application, the banker withdrew $480.00 from my checking account but told me it would be part of the closing costs. On Friday afternoon, - -, 2015, I contacted the lender to see if he had a closing statement ready for our - -, 2015 closing. It was at that time I found that the bank was charging me an additional $630.00. I immediately began making telephone calls, but no one was available to help me. At the closing on - -, 2015, the title company showed me a good faith estimate explaining the closing costs. This is the - time I saw the document. I asked the title company to sign, date and give me a copy of the GFE. The lender insists that my closing costs were only $630.00, but disregards my downpayment of $480.00

JPMorgan Chase customer in Wisconsin
Apr 23, 2015

* Source: CFPB Complaint Database

JPMorgan Chase response to complaint:
Closed with monetary relief

Created with Highcharts 4.2.3JPMorgan ChaseComplaint HistoryComplaints12/20111/20122/20123/20124/20125/20126/20127/20128/20129/201210/201211/201212/20121/20132/20133/20134/20135/20136/20137/20138/20139/201310/201311/201312/20131/20142/20143/20144/20145/20146/20147/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/201501020304050Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3JPMorgan ChaseApplication, originator, mortgage broker1.6%70.7%13.2%2.9%2.2%8.3%1.1%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageApplication, originator, mortgage broker2.4%74.6%8.2%5.3%1.1%6.3%1.3%0.8%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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Contact JPMorgan Chase

http://www.jpmorganchase.com/
(212) 270-6000
marianne.lake@chase.com
270 Park Ave Fl 12
New York NY 10017
JPMorgan Chase
JPMorgan Chase

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