Equitable Bank

2.5/5 β˜… based on 8 reviews

Contact Equitable Bank

Address :

30 St Clair Ave W #700, Toronto, ON M4V 3A1, Canada

Phone : πŸ“ž +7
Website : http://www.equitablebank.ca/
Categories :
City : V

30 St Clair Ave W #700, Toronto, ON M4V 3A1, Canada
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Paul Montague on Google

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EQ was working perfectly well for us until we tried to make a large withdrawal. The site has literally locked us out, and although the online agent has been empathetic, EQ has held over $100k against our wishes for more than a week without any solution. Because they have no brick and mortar locations, I could never use EQ again... I can't afford to fight to get my own money out. I'm a retired business owner, and have seen anything like this in over 30 years. If you use these guys, be forewarned and don't be surprised if something like this happens.
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Rose L on Google

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Worst mortgage company ever. When I had a big Bank buy out my mortgage there were so many hidden fees and every time they would tell me it's more money to pay out even though I specifically asked for a specific date what the amount would be and even to today after we closed last week they want more money from my current mortgage company which is TD and they are very reputable and paid out everything that was sent to them as they requested and now they still claim TD did not pay them everything This is the worst mortgage company ever as mentioned above I do not recommend stay far away from them I understand people take them because they are willing to take anybody regardless of your financial position but they will cost you a fortune Never-again Equitable the best thing I ever did was leave your bank! Be so careful when your new institution pays them out as they will claim every single time that they received the payout past 2 p.m. and start charging you interest $44 a day including weekends even though they are not opened.
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Ola C on Google

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They pray on desperate people, worst mortgage company. Hidden fees: discharge, maintenance, interest...Please stay away and find another way, I regret ever getting involved with them. You will pay them extra upfront, then monthly then when you try to leave, go through the paperwork very well and calculate the total that this will cost you...you will be in shock
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Sai Yogeswaran on Google

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I have had the pleasure of working with Roseanne, she is a caring and hardworking person who made our dreams come true. She really cares about her clients and has gone above and beyond, helping my family and I in obtaining a mortgage for our first home. I would highly recommend everyone ask for her. Cant say enough good things about her. Great service, great attitude, great person.
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Andy F on Google

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Absolutely terrible experience! I should’ve looked at the reviews for Equitable Bank first! I had a really good real estate deal and applied for a mortgage at Equitable Bank because the big lenders don’t provide mortgages for co-ownership buildings (similar to condos but setup differently). I had all my documents ready since I’m familiar with mortgage applications. I found out on the last day (5th business day) that they could not approve my application because they were concerned I worked two jobsβ€”for more than 2 years! Seriously? I almost lost the amazing deal by putting my trust in Equitable Bank. Thankfully, I was able to extend the financing condition and go to another lender.
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Mary Lynn Bastian on Google

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I had a computer meltdown and my password manger disappeared and was locked out of my email. If that wasn't bad enough my entire banking was online. All the major banks got me up in running in no time. EQ has been dragging me around for 2 weeks ++. Still no access to my funds and the issue is being "escalated". No protocols in place, simply and totally confusion and deception when dealing with the public. Don't put your savings here. You might never get access to them
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Waqas Rao on Google

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I am just resonating another review and completely agree: Worst mortgage experience ever I have gone through. They have very high interest rates comparing to the market of other brokers. They have worst customer service ( nice people with very limited data and poor information). Always long wait over the phone. Unexplained charges by end of your contract even my new bank couldn't explain it to me. Unreasonable high penalties if you want to walk away before the end of your contract. If there is lower than 1 star I will go with it. I don't recommend it for anyone. Please do more shopping around before signing with them
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Rob Dizio on Google

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The worst experience I have ever had. They tell you one thing and do another. The amount I was quoted at payout was not what I was charged. They have an excuse for everything. They take advantage of people in difficult situation. Outrageous fees charged for no reason. Never use them you will regret it.

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