Credit Union of Ohio – Downtown Branch

Applied For A Home Equity Loan

I applied for a home equity loan and went through the entire process.

The paperwork showed that the appraisal would be $250 however, when it came time to do the appraisal we were told that ours would cost $400 with no explanation why.

We decided to go ahead with it and the appraiser came out.

The appraisal came in way low and the appraiser documented totally false information on the appraisal.

Also, he gave comps that were not appropriate.

When I pointed this out I was told that I could do an appeal of the appraisal.

I did the appeal and the appraiser corrected the false statements and also said that if I could find better comps he would use those.

I complained about this botched appraisal and asked for a refund of the fee since we paid such a high price for it.

We were refused the refund. This would have been the only appropriate resolution to this problem.

Is Credit Union of Ohio - Downtown Branch a scam?
Credit Union of Ohio - Downtown Branch is a scam and a bad service provider as per the report filed on dirtyscam.com. They are not aggressive towards their customer satisfaction and complaint grievance.
Is Credit Union of Ohio - Downtown Branch legit?
First Credit Union of Ohio - Downtown Branch is not a legit business owner or provider. You must take necessary precautions/measures before buying or using their services.
How many reviews are submitted by Credit Union of Ohio - Downtown Branch’s consumers?
There is/are 1 review(s) posted about Credit Union of Ohio - Downtown Branch and it indicates that the severity of the scam is High.
Where is Credit Union of Ohio - Downtown Branch located?
Credit Union of Ohio - Downtown Branch is located at 152 E Broad St, Columbus, OH 43215, USA. You can contact Credit Union of Ohio - Downtown Branch by dialing (614) 487-6650 or visit their website cuofohio.org before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Credit Union of Ohio - Downtown Branch’s customers?
According to the report(s), US $3252 was the total loss incurred by Credit Union of Ohio - Downtown Branch’s customers.

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1 review on Credit Union of Ohio – Downtown Branch

  1. Michele Collins

    This would have been the only appropriate resolution to this problem.

    I applied for a home equity loan and went through the entire process. The paperwork showed that the appraisal would be $250 however, when it came time to do the appraisal we were told that ours would cost $400 with no explanation why.

    We decided to go ahead with it and the appraiser came out. The appraisal came in way low and the appraiser documented totally false information on the appraisal. Also, he gave comps that were not appropriate.

    When I pointed this out I was told that I could do an appeal of the appraisal. I did the appeal and the appraiser corrected the false statements and also said that if I could find better comps he would use those.

    I complained about this botched appraisal and asked for a refund of the fee since we paid such a high price for it. We were refused the refund. This would have been the only appropriate resolution to this problem.

Reviews:1
Reported Loss :3252 $
Severity of Scam :High
Reported by : Anonymous
Views :