Against my better judgement, I took my realtors advice and shopped my loan around to them. Everything was okay to begin with, but once the deal was signed and the closing was imminent we saw the truth. This company is as unprofessional and nefarious as they come. The closing was delayed for 6 weeks for reasons unknown to everyone but them. Beyond the delays, the biggest problem was that we fought tooth and nail for the seller to pay for a huge problem with the house (about $12k of problems) and finally got them to give the money to us on closing. I had asked if this was going to be a problem getting this money back at closing, and they said of course not. Behold, when the loan finally came through this lender actually required us to use all that money for closing costs and points...We never saw a dime of that cash since it was all absorbed by them. Estimated that the bait and switch cost us about $6k after closing. They don't even service the loans, the just sell them immediately. Do yourself a favor and find a real bank.
Description of Work: Provided a conventional 30-year fixed loan for our first home purchase.
Rating Category
Rating out of 5
quality
1.0
value
1.0
professionalism
1.0
responsiveness
1.0
punctuality
1.0
$8,000
J MATTHEW P.
11/2004
5.0
mortgage broker
 + -1 more
THEY WERE VERY HELPFUL IN WALKING US THROUGH THE MORTGAGE PROCESS AND GETTING THE PAPERWORK TAKEN CARE OF. I RECOMMEND THEM HIGHLY.
Description of Work: RECEIVED A MORTGAGE FOR OUR FIRST HOME.
Rating Category
Rating out of 5
quality
5.0
value
5.0
professionalism
5.0
responsiveness
5.0
punctuality
5.0
Yes, I recommend this pro
$369
PATTI I.
09/2001
5.0
mortgage broker
 + -1 more
VERY PROFESSIONAL AND INFORMATIVE. SHE REALLY KNOWS HER BUSINESS.
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FAQ
CHICAGO BANCORP is currently rated 3.7 overall out of 5.
No, CHICAGO BANCORP does not offer free project estimates.
No, CHICAGO BANCORP does not offer eco-friendly accreditations.
No, CHICAGO BANCORP does not offer a senior discount.
No, CHICAGO BANCORP does not offer emergency services.
No, CHICAGO BANCORP does not offer warranties.
CHICAGO BANCORP offers the following services: MORTGAGE LOANS, REFINANCING, NEW HOME LOANS.