Chase Manhattan Mortgage Corp
Prepayment penalty of $3000 found when refinancing again
- 04-17-2006
- 1
I had been a customer of this company for years as they took over the mortgage from some other company. I had met an individual that, unbeknownst to me, ran up thousands on my credit cards within months, which I could not pay, so I decided to call Chase and inquire about refinancing. They were, of course, all too willing to help, but I had to re-finance or risk problems with credit in the future. Within about 2 years, interest rates came down where it was attractive to re-finance again, only to find out that Chase had installed a PRE-PAYMENT PENALTY of $3000. Trying to save money would only cost me more. Absolutely disgusting; don't ever do business with this company.
Company: Chase Manhattan Mortgage Corp
Country: USA
State: California
City: San Diego
Address: P.O. Box 509011
Phone: 8005487912