Mortgage >> Chevy Chase Bank
All about Chevy Chase Bank
Chevy Chase Bank provides banking convenience to each and every customer that means allows customers to bank when, where and how they want. Chevy's headquarter is located in the Washington metropolitan area. It has more than 250 branches and 1,000 ATMs to offer convenience to the customers. Chevy Chase Bank is determined to serving the banking needs of all of its communities including low-to-moderate income customers.
It offers many pleasing priced financial products and services, including checking and savings accounts, CDs, the Chevy chase check card, Chevy chase online banking, home equity, mortgage, credit card and consumer loan products, investments and insurance, small Business products and services, commercial products and services and many more. Through its online banking one can save ones time as well as money. It makes easy to access to the deposit, credit, and investment accounts and allows to check the balances, view transactions, transfer funds between accounts, pay and receive bills and many.
Chevy's Home loan express is a better way to secure your home financing that has an advantage of fast, easy and secure online mortgage application process which completes your work with in minutes on a wide variety of mortgage products. Chevy Chase Bank offers various types of mortgage products from innovative monthly adjustable rate mortgages to low or no down payment options. Among those you can choose the best
One depending on your needs. After getting loan you can have 24 hours access to it for account information and payments through its online banking, telephone banking and ATMs. Chevy Chase Bank divided its mortgages into tow categories. Those are Innovative Mortgages and Traditional Mortgages.
Types of MortgagesAdjustable-Rate Mortgages are recommended to borrowers who desire to take advantage of a minimum monthly payment to save money and Plan to refinance or sell their property in a few years. Fixed-Rate Mortgages are suggested to borrowers who are ready to pay a higher interest rate in return for protection against the possibility of rising interest rates and interested in building equity in their property through monthly principal and interest payments. 7/23 Balloon Mortgages are well suited to borrowers who seek for a lower introductory rate and payment while still having the predictability of an initial fixed monthly payment. Cashflow Payment Option Loans offer up to four different payment options each month including minimum Payment, 15-Year amortizing payment, 30-Year amortizing payment and interest-only payment.
- Adjustable-Rate Mortgages
- Fixed-Rate Mortgages
- 7/23 Balloon Mortgages
- Interest-Only Fixed-Rate Loan
- Cashflow Payment Option Loans
It offers various types of loans. Every loan features pleasing interest rates, and discounts are available for customers who have their monthly loan payments automatically deducted from the checking account. Chevy Chase Bank is offering different types of loans including Automobile Loans, Boat/Camper/Recreational Vehicle Loans, Unsecured Personal Loans, Secured Fixed-rate Loans, Personal Line of Credit for Overdraft Protection etc. Chevy Chase Bank applying for a loan is very easy and convenient, even you can apply by phone.
Contact Information of Chevy Chase Bank
 (1) |
||
| Over all Chevy Chase Bank Rating | ||
| Coverage |  |
20% |
| Cost |
|
40% |
| Customer Service |  |
20% |
| Claims |  | 20% |
| Reviews | |
 |
|
| Location: | Tucson, Arizona |
| Type of Mortgage: | First Time Home Buyer |
| Date: | 03-18-2009 |
| Coverage |  |
| Cost |  |
| Customer Service | |
| Claims | |
| Summary | |
This is one of the worst banks I have ever dealt with. I have a Home Equity loan through them. I set up a checking account for the sole purpose of having automatic withdrawal and save .5%APR. They canceled my automatic payment and did not notify me. I started receiving phone calls saying I had not made my payment, when in fact I had sent the $ to the bank. It took them 5 months to figure out that the problem was the auto pay was no longer in place. Then I was insured the auto pay would be reinstated. Of course it was not and I had to deal with the same problems for the next four months. Once again this month the lender messed up yet they are holding me accountable by charging me a late fee of $39.00 This is a fee they have charged me multiple times in the past for THEIR errors. The lender told me when the auto pay posted on the 28th of Feb, the funds were not available in the bank. Two day later I get my bank statement showing the funds were available on the 24th of Feb. I called the bank and I was advised that not only were the fund available, but no attempt had been made for the auto pay. The Home Equity lending department of Chevy Chase Bank are a bunch of liars and crooks! I will be reporting them to the BBB. Don't get a home equity loan with CHB. . |
|
