This review is from Home Equity Line of Credit from Chase
mjkutz said
I have just got a form letter downgrading my credit line from $220,000.00 to $75,000. The reason "...weve used a proven valuation method to estimate your home's value..." Unfortunately the method is not stated. My guess is the put there finger in the wind and put their issue in my lap.
If my calculation are correct Chase values my house at 34% of the value we had established and had bargained on in good faith.
Shame on you Chase!!

