JP Morgan Chase centers in Florida

Florida homeowners have another place to turn to for assistance. Chase is trying to slow down the number of foreclosures occurring in Florida with new centers that they have opened Palm Beach, Miami, Broward County, and Boynton Beach. The homeowners foreclosure centers are aimed at helping borrowers modify their current mortgages and keep their homes.

The resources provided at these centers is extensive. Borrowers can meet face-to-face with a housing counselor. The service is provided by Chase. Loan advisor at the centers will review the borrowers financial situation, and this face to face contact is something that is especially helpful when navigating the process for a loan modification.

To date, almost 20,000 Florida homeowners have been counseled by housing specialists at a Chase homeowner center since the company began opening offices in early 2009.

The lender is doing research before opening a new branch. Chase decided to choose Palm Beach Gardens because the South Florida region has a high number of troubled loans. The bank has estimated that it has about 25,000 borrowers behind on their payments in just the Miami-Dade, Palm Beach, and Broward county areas.

Advantages of face to face foreclosure counseling

There are many. Numerous studies show that meeting with a counselor in person has proven to be much more successful when modifying mortgages and lowering a homeowners monthly payments. Borrowers, lenders and banks that are currently working through the federal government Making Home Affordable program continually complain of lost paperwork, delays and incorrect documents submissions, which prolongs the loan modification process and causes more people to lose their homes, or to not even ask for help in the first place.





However, having a real person to talk to can cut down on the confusion and speed up the process.

For example, if someone walks into a Chase office, the lender will support them, and stay with them through the entire modification process. They will hold their hand through the entire process. In addition, foreclosure specialists and housing counselors from JP Morgan Chase are willing to meet with borrowers on weekends, at their workplace, or in their homes, if necessary. They will go to whenever the homeowner needs them to be.

The Chase Boynton Beach center is located at 555 N. Congress Ave., suite 206 and can be reached at (561) 738-2550. The Palm Beach Gardens center is located at 3399 PGA Blvd., suite 120, and can be reached at (561) 775-7121.





By Jon McNamara

“Related Links” are listed below.




Contact Us

About Us


Privacy policy