Is CHEIFS legit?

• Where it operates: 22 states, from CHEIFS's own list.
• Published terms: CHEIFS publishes enough of its pricing for us to model its cost: 13.7% a year in our standard example. Every term and its source.
• CFPB complaints: none found under a CHEIFS name in the CFPB database as of September 30, 2026. It may file under a different legal name.
• Lawsuits and enforcement: none found in our review of primary sources.

1. Look up the company's license in NMLS Consumer Access and with your state's financial regulator.
2. Read its CFPB complaints and our regulatory tracker.
3. See whether you'd qualify on CHEIFS's requirements.
4. Put the offer through the CHEIFS calculator and compare it with the alternatives.

Is CHEIFS legit?

CHEIFS is a real company that publishes its terms and the states it serves. Legit isn't the same as a good deal, though: an HEI usually costs more than a HELOC if you can get one.

Is CHEIFS a scam?

Nothing in the public record we reviewed suggests a scam: CHEIFS is a real provider with published terms. The more useful question is cost: in our standard example it costs 13.7% a year, and more if you sell early or your home grows fast.

Has CHEIFS been sued?

We found no lawsuit or enforcement action involving CHEIFS in our review of primary sources.

What do customers complain about with CHEIFS?

We found no CFPB complaints under its name.