DONT DO IT!! We were offered and excepeted a rate reduction for our loan on a property in Texas. After agreeing to a rate we paid an applicatin fee of $395.00 and a closing fee of about $450.00 after the the loan was approved. We signed all the closing docs with a Notary and had a date to start the new loan a month later. Then all hell broke loose. To make a long story short our loan officer and Chase bank in San Diego were not authorized to make loans for Texas properties. Our officer was still in training and didn't know he couldn't sell a Loan Mod for a Texas Property. We did not look for this loan, they called us! They wanted to start all over again with a new rate that was not exceptable to us. We said that we weren't interested in a new rate and wanted a refund. They said they would not refund the App. fee and then charged us for the $175.00 for the Notary! We are going to be suing in small claims but this is a joke. They won't even return our calls. We have been a Chase customer with no late or missed payments for about 5 years. I will be looking to refi with someone else. Chase is a Rippoff...WTF Dont say you haven't been warned!!!

My daughter started a student savings account in 3rd grade with washington mutual. She put in $5 a week and she increased it to $10 a week. She also saved her birthday and christmas money. When she had enough money $1, oooo she bought a cd. Saved another $1000 and bought another cd which was later combined into one. She is now 15 and wanted to cash in her cd and buy buy one at our credit union. As you no chase has now taken over the bank, because she was 20 days passed the cd's renewal date they charged her more than the interest she had earned all those years plus some of her own money. Shame on you chase bank for treating a child like this. The bank personal was mean to my daughter as well. Shame on you obama for bailing out big business that treat our children this way.

Chase Bank kept us in Modification for 3 years There is a way to stop them cold dead in their tracks, , File a chapter 13 on them.. they CAN NOT continue a foreclosure, it has to be done before the day of the sale...Get a lawyer that handles 13 filings..Chase is the worst offender of this Modification process ever...you must protect your self...as long as you can make payments, a 13 allows you to pay off arrears over a 3 or 5 year period...and they have NO choice, but to accept it...we were kept in modification for 3 years, then we were suddenly not approved.. and they demanded all the back money and all the difference in the lowered payments up front, they will not accept a payment now...so we get farther behind every month...they say we must clear up the back payments and all the other fees they have now charged before they will accept another payment...I know that a 13 will stop them, we have already gotten a lawyer who is reputable and knows the law... oh and ruin the credit? don't even worry about that Chase already has or will because they WILL report all the missed refused payments, and they report you as late for the entire term you were under modification...so they have already trashed your credit, or will soon... basically don't sweat it file 13 ...

Consumers!!! Alert!! Chase now has a hidden $10.00 fee each and every time you use your cash reserve, IN ADDITION, to the interest charge you pay them each month. I have a large cash reserve on my account and everytime I use it now, since Jan. 1st 2010, I am charged a fee of $10.00 as i said, in addition to the interest charge on that money. There was no mention of this in my statements, and I happen to catch it this month. I have been with Chase since I was 10 years old, I have a large amount of money in the bank and I keep it there and I don't mind paying the interest on money I borrow monthly and then pay back. BUT a $10.00 FEE? NO I will not pay this I will move my money and I suggest you do so also. This bank is sneaky with all their hidden fees and charges. Pay attention consumers or be ripped off by CHASE BANK.

To Whom It May Concern,
I am a 28 year old full time college student and full time nurse. I saved for a 20% down payment on a home and bought my first house on September of 2010. I bought something I could afford, a foreclosure for $121, 550. I found I needed flood insurance in addition to homeowners. This requirement is related to a creek in the backyard, which was added to a new flood map in 2010. My bank Cincinnati Federal required $102, 000 in flood insurance coverage which is $829 per year. The loan was sold to Chase Home Finance LLC. Chase is requiring $220, 000 in flood insurance coverage (80% of the Replacement cost of the home per home owners insurance) and the loan amount is $97, 240.
According to policy at Chase the homeowner does not have the right to maintain flood insurance coverage for the loan amount. This amount would cover the bank for the loan and the homeowner would assume all remaining risks in the event of a flood. I can see why so many people are forced into foreclosure. I am now required to pay over $800 additional per year in order to be insured for $220, 000. I am required to purchase and pay this amount as soon as possible or Chase will purchase a policy, likely costing more and will charge my escrow account.
The policy at Chase and likely at other banks is very concerning for me and everyone with a loan on a home in a flood zone. There is no protection for homeowners from the banks devastating requirements. The homeowner should responsible for the loan amount. Anything more should be optional, not required. Urgent changes are needed to put a stop to banks strong arming homeowners into the requirement for expensive flood insurance coverage they could never afford. Management at Chase was to return my call concerning this policy in 48 hours, this time has passed with no contact from Chase. All support would be greatly appreciated and beneficial to all homeowners with homes considered to be in a flood area.
Sincerely,
Catherine Gilday