BBB Accredited Business since 11/01/2013
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Peoples Home Equity, Inc. is a mortgage lender which provides customized loans and a wide variety of loan products to meet the needs of different populations who need home mortgages, retail mortgages, reverse mortgages, and other sources of capital. Located in Oakbrook Terrace, IL, this company serves the western suburbs of Chicago, including Lombard, Villa Park, Oak Brook, Elmhurst, Elk Grove Village, Bensenville, Wheaton, Naperville, Carol Stream, Downers Grove, Clarendon Hills, Hinsdale, Western Springs, Glen Ellyn, Brookfield, Broadview, Melrose Park, Northlake, La Grange, Glendale Heights, Lisle, Countryside, Stone Park, Berkeley, Willowbrook, Hillside, Northlake, River Forest, and Wood Dale. The company has locations across the United States, including Arizona, Tennessee, North Carolina, and Florida. The company has been in business since 2001 is a fully functional Conventional and Government HUD approved lender.
This company provides customized loans to retail and personal clients depending on their credit score and needs, with no application fees and a variety of financing options available that will suit their budget and financial goals. Interested individuals first submit a request, then receive a quote for a mortgage or other type of loan, and then close the deal and receive their loan. Types of loans available include Adjustable Rate Mortgages, 30-year fixed mortgages, 20-year fixed mortgages, 15-year fixed mortgages, 10-year fixed mortgages, FHA loan, VA loan, HARP refinance, and reverse mortgages.
Visit the website for Peoples Home Equity, Inc. to learn more about the services available from this company, read about the company's background, and apply for a mortgage or other type of loan.
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A BBB Accredited Business since 11/01/2013
BBB has determined that Peoples Home Equity, Inc. meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.
BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.
Reason for Rating
BBB rating is based on 16 factors. Get the details about the factors considered.
Factors that raised Peoples Home Equity, Inc.'s rating include:
- Length of time business has been operating.
- Complaint volume filed with BBB for business of this size.
- Response to 2 complaint(s) filed against business.
- Resolution of complaint(s) filed against business.
- BBB has sufficient background information on this business.
Customer Complaints SummaryRead complaint details
|Complaint Type||Total Closed Complaints|
|Advertising / Sales Issues||2|
|Billing / Collection Issues||0|
|Problems with Product / Service||0|
|Guarantee / Warranty Issues||0|
|Total Closed Complaints||2|
Customer Reviews Summary Read customer reviews
0 Customer Reviews Customer Reviews on Peoples Home Equity, Inc.
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||0 Customer Reviews|
According to the company, it maintains a satellite office, Savannah Mortgage, in Scottsdale AZ. A separate report is available on that company at www.phoenix.bbb.org.BBB file opened: 02/13/1998Business started: 01/01/1997
Licensing, Bonding or Registration
This company is in an industry that may require licensing, bonding or registration in order to lawfully do business. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Type of Entity
Incorporated: October 2009, TN
Contact InformationPrincipal: Mr. Phil Lekousis (Branch Manager)
Mortgage Lender, Real Estate Services, Financial Services, Reverse Mortgage, Mortgage Brokers, Real Estate Loans, Loans, Financing