Anyone with experience with a HELOC from Chase

[Brad Semenoff]

I know the prevailing advice is to bank locally, but I've looked at the rates that Chase bank has for their HELOC and they seem to have better terms than what the local banks have posted. I particularly like the fact that the posted max APR is only 7.14% compared with a max of 18% with local banks. Does anyone have any experience using Chase for their HELOC? Am I missing something? My primary mortgage is with them and I haven't had any problems.