Chase Mortgage Review
Established 1799
383 Madison Avenue New York City, NY 10017NMLS #399798
Summary:
Chase Bank, one of America’s largest financial institutions, offers a robust selection of home loan products. Known for its reputation, extensive branch network, and digital tools, Chase provides a mix of in-person and online services to meet diverse customer needs.
Good Fit For:
Borrowers looking for a mix of personalized service and online convenience. Chase offers competitive mortgage rates, a wide range of loan products, and unique benefits for its existing banking customers.
Highlights:
- Comprehensive mortgage product options, including conventional, FHA, VA, and jumbo loanss
- Discounted rates and fees for Chase Private Clients and existing account holders
- Intuitive online tools, such as the Chase MyHome® platform, to streamline the mortgage process
- Nationwide network of branches for borrowers who prefer in-person assistance
Things to keep in mind:
- Chase does not currently offer home equity lines of credit (HELOCs)
- Rates and terms are competitive but may vary based on the borrower's credit profile
Products:
Purchase Options
- Conventional
- FHA
- VA
- Jumbo
- DreaMaker® Loans: Chase’s unique offering with lower down payment and credit requirements, ideal for moderate-income buyers
Refinance Options
- Rate and Term Refinance
- Cash-out Refinance
- Streamlined Refinance Options (for FHA or VA loan holders)
Customer Experience
Chase Bank blends traditional customer service with modern technology, offering borrowers a flexible experience. Their Chase MyHome® platform simplifies the home loan journey by providing tools for prequalification, loan tracking, and rate locking. Whether you prefer online or face-to-face interactions, Chase’s loan officers are available to assist throughout the process.
As one of the top lenders, Chase provides a wealth of educational resources, including mortgage calculators and articles. Borrowers can also benefit from tailored guidance through Chase's branches, especially for complex financial scenarios.
Chase rewards its banking customers with discounts on closing costs and better mortgage rates, making it a great choice for those already in the Chase ecosystem.
Chase Bank stands out for its combination of competitive loan options, customer perks, and a seamless digital experience. Borrowers who value the stability of a well-established institution, along with the flexibility of online tools, will find Chase to be a compelling choice.
Chase Scores:
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