State Farm Bank Home Equity Loan Or Line Of Credit Complaints

Review and analysis of over 13 Home Equity Loan Or Line Of Credit complaints against State Farm Bank

State Farm Bank consumers have reported over 13 official complaints related to Home equity loan or line of credit. Out of the 13 consumer complaints against State Farm Bank, 38% were disputed by the consumer (i.e. the consumer was not happy with how State Farm Bank responded to their complaint) and 100% were processed in a timely manner. 8% of consumer complaints against State Farm Bank resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.

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New Home Equity Loan Or Line Of Credit Consumer Complaints


State Farm Bank Mortgage loan modification,collection,foreclosure

May 8, 2016 - In - of - my now ex-wife, - -, and I took out a HELOC with State Farm Bank ( " SFB '' ) ( Loan No. - ) that was secured through a home that I owned prior to marriage. This HELOC was secured through a Deed of Trust ( " DOT '' ) that expressly provided that repayment of the DOT was the responsibility of the Trustor who as the DOT states are " - - - and - - ; as husband and wife ( 'Trustor ' ). '' This DOT was entered into in California and under California law in the event of divorce marital debt is to be split evenly between spouses. Most succinctly, the DOT states...

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