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Phone: (630) 225-7575 Fax: (630) 812-0708 View Additional Phone Numbers 1801 S Meyers Rd Ste 500, Oakbrook Terrace, IL 60181
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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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This business is not BBB accredited.
Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
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Reason for Rating
BBB rating is based on 13 factors. Get the details about the factors considered.
Factors that raised the rating for Peoples Home Equity, Inc. include:
- Length of time business has been operating
- Complaint volume filed with BBB for business of this size
- Response to 1 complaint(s) filed against business
- Resolution of complaint(s) filed against business
Customer Complaints Summary Read complaint details
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||1|
|Total Closed Complaints||1|
Customer Reviews Summary Read customer reviews
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||3|
Licensing, Bonding or Registration
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
These agencies may include:
Illinois Department of Financial and Professional Regulation
100 W. Randolph, 9th Fl, Chicago IL 60601
Phone Number: (312) 814-4500
Type of Entity
Business ManagementMr. Phil Lekousis, Branch Manager
Mortgage Lender Financial Services Real Estate Services Financing Loans Real Estate Loans Mortgage Brokers Reverse Mortgage Real Estate Credit (NAICS: 522292)
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.
Customer Review Rating plus BBB Rating Summary
BBB Customer Review Rating plus BBB Rating Overview
THIS LOCATION IS NOT BBB ACCREDITED
1801 S Meyers Rd
Oakbrook Terrace, IL 60181 (630) 225-7575 (630) 225-7563 (630) 225-7370 Directions
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Additional Phone Numbers
- (630) 225-7563(Phone)
- (630) 225-7370(Phone)
Complaint Trends - Last 3 Years
Customer Review Trends
BBB Customer Review Rating plus BBB Rating Overview
BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.
|Customer Review Experience||Value|
|Positive Review||5 points per review|
|Neutral Review||3 points per review|
|Negative Review||1 point per review|
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Star Rating scale
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Problems with Product/Service
Read Complaint Details
Complaint: I have asked multiple times for my name and number to be removed from their data base but I still receive the unwanted solicitation calls. Today when I asked again for my information to be removed I was told it can not be removed and the calls will continue because it is an automated system.
Desired Settlement: Solicitation calls to stop.
Business Response: Initial Business Response /* (1000, 5, 2014/07/25) */ Contact Name and Title: ******* ******** Contact Phone: XXX-XXX-XXXX x111 Contact Email: *********@peopleshomeequity.com Peoples Home Equity, Inc. does not have an automated system where a customer cannot be removed. Mr. ******** ***** has been removed from the database. He should no longer receive any phone calls from Peoples Home Equity, Inc.
Customer Reviews Summary