Credit Union of Ohio – Downto...

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 legit?

Credit Union of Ohio - Downtown Branch is not running a legit business. They are not aggressive towards customer satisfaction and complaint grievance redressal, Hence 1 consumer[s] submitted negative ratings, and only a few left positive feedback.

Where is Credit Union of Ohio - Downtown Branch located?

Credit Union of Ohio - Downtown Branch is headquarted at 152 E Broad St Columbus, OH 43215. You can contact Credit Union of Ohio - Downtown Branch by dialing (614) 487-6650 or visit their website cuofohio.org.

How much monetary loss is incurred by Credit Union of Ohio - Downtown Branch’s customers?

According to Credit Union of Ohio - Downtown Branch’s customers, a monetary loss of US $3252 has been reported. The severity of entire incident reports is high.

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1 Review on Credit Union of Ohio – Downtown Branch

  1. 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 : High
Reported by : Anonymous
Views :