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Chase Home Finance Llc

chase home finance llc
Question: What does 'Escrow Disbursement Account in Trust' mean?

My mom just received a check from Chase Home Finance, and it only says :

Chase Home Finance LLC
Escrow Dibursement Account in Trust
For Various Mortgagors

We dont know if we are supposed to cash it or what. Does someone know what it is??

Thanks!
It does not come with a letter or anything explaining, that is what the check says.

Answer: the escrow accounts are moneys put on "hold" until all the numbers expenses,debits,etc are properly taken care of ,usually on the sale or purchase of property,once everything is in the "clear"any money due is given to the property's buyer or seller.if the check is in your mom's name she can cash it.hope that helps.

Investment Finance Tips : Tips on Home Equity Loans


Chase Home Finance

chase home finance
Question: HAS ANYONE HAD ANY MORTGAGE PROBLEMS WITH CHASE Home Finance?PLEASE TELL ME YOUR STORY.?

MINE IS HORRIBLE.

Answer: No, but I had a credit card with them and they totally screwed me over! I hate that company and will never do any business with them ever again!

Meant to explain, but got fired up! Anyway... had a credit card with about 10k on it from our wedding and when we bought a house they jacked the interest up to 30% from 5%!!! They said we were a greater risk.

Max B - Chase You Home


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