What loan suits your needs?

Chase offers loans that can meet almost every mortgage need. Whether you're planning to own your home for a few years or for the long term; if your credit rating is fantastic or less than perfect; no matter what your down payment — we have a solution that can help you.

A variety of our mortgage products are shown below. A Chase loan officer can analyze your needs, explain your options and answer your questions. Give us a call at 1-800-873-6577.

Fixed rate mortgages

Loan Description Benefits
15-, 20-, 30- and 40-year fixed
Interest rate is guaranteed to remain fixed for the stated period of the loan.
  • Predictable monthly payments;
  • Ability to spread payments out over a long period of time.

Jumbo mortgages — Loans for amounts greater than conventional limits

Loan Description Benefits
10-, 15-, 20-, 25-, and 30-year fixed rate jumbo
Loans for amounts greater than conventional limits. Interest rate is guaranteed to remain fixed for the stated period of the loan.
  • Predictable monthly payments;
  • Ability to spread payments out over a long period of time.

Adjustable rate mortgages 2

Loan Description Benefits
1/1, 3/1, 5/1, 7/1 and 10/1 ARM
Interest rate is fixed for 1, 3, 5, 7 or 10 years, and becomes adjustable for the remainder of the loan. For example, a 5/1 ARM would have a fixed interest rate for the first five years and then convert to an adjustable rate for the remaining term of the loan.
  • Lower early payments than fixed mortgages.
  • Ability to take advantage of better rates in the future.
3/1, 5/1, 7/1, 10/1 ARM (40 year)
Interest rate is fixed for the first 3, 5, 7 or 10 years depending on the loan you choose and will then become adjustable for the remainder of the loan. For example a 5/1 ARM (40 year) provides a fixed interest rate for the first five years and then adjusts every year thereafter, for the remaining 35 years of the loan.
  • Stable monthly payments with the ability to take advantage of better rates in the future.

Interest-only mortgages 1

Loan Description Benefits
Interest-only fixed (30 year)
Loan initially requires the payment of interest only for the first 10 years. The following 20 years require a fully amortizing payment (principal and interest). Interest rate remains stable for the entire 30 year loan term.
  • Lower initial payments.
  • And improved borrower cash flow.
Interest-only ARM (3/1, 5/1, 7/1, 10/1)
Loan initially requires the payment of interest only for the first 10 years. The following 20 years require a fully amortizing payment (principal and interest). The initial interest rate change will occur on the 3rd, 5th, 7th, or 10th year (based on the chosen ARM product) and will then adjust every year thereafter for the remainder of the loan, based on the movement of the index.
  • Lower initial payments.
  • And improved borrower cash flow.

Specialized loan options that provide greater flexibility for different borrower needs. 1, 2, 4

Loan Description Benefits
ChaseFlex International Borrower Fixed (15 & 30 Yr) & 5/1 ARM
Loans that permit reduced documentation or no income verification. Interest only option available on the 5/1 ARM.
  • Helpful for those living abroad to purchase or refinance a home in the U.S.
  • Most useful for self-employed borrowers.

Affordable programs that assist first-time homebuyers. 2, 3

Loan Description Benefits
DreaMaker Opportunity
Fixed & ARM loans up to 40 year terms, used to purchase a 1-4 unit primary residence up to 97% financing.
  • No borrower investment required.
  • Credit flexibilities allowed, even if you don't have perfect credit. Closing cost assistance may also be available.
Guaranteed rural housing
Fixed rate loan used to purchase / no cash out refinance of a primary residence in a rural location. Financing available up to 97%.
  • Product tailored to rural / designated locations.
FHA Fixed (15 & 30 Yr) & ARMs (1/1, 3/1, 5/1 & 7/1)
Loans that are insured by the government used to purchase or refinance 1-4 unit properties.
  • Low down payment.
  • Flexibilities if you have "less than perfect" credit.
FHA Secure (15 & 30 Yr Fixed & 5/1 ARM)
Loans that are insured by the government used for no cash out refinance for 1-4 unit properties.
  • Low down payment.
  • Flexibilities if you have "less than perfect" credit.

Loans to help you build a home or an addition to a home.

Loan Description Benefits
Single-close construction to permanent fixed rate
Guaranteed interest rate for 30 or 15 years.
  • Single-close or single fund with modifications to permanent loans.
Single-close construction to permanent ARM
Interest rate is locked in for 1, 3, 5, 7, or 10 years; adjusts every year thereafter.
  • Single-close or single fund with modifications to permanent loans.
Single-close construction to permanent interest-only — fixed (30 year)
Lock interest rate for 10 years with fully amortizing payment for rest of the term.
  • Single-close or single fund with modifications to permanent loans.
Single-close construction to permanent interest-only — ARM
Loan initially requires the payment of interest only for the first 10 years. The following 20 years require a fully amortizing payment (principal and interest). The initial interest rate change will occur on the 3rd, 5th, 7th, or 10th year (based on the chosen ARM product) and will then adjust every year thereafter for the remainder of the loan, based on the movement of the index.
  • Single-close or single fund with modifications to permanent loans.

Streamlined application and approval for Chase customers. 2

Loan Description Benefits
Chase Signature Series®
A program for customers with a mortgage serviced by Chase that allows for simplified process to refinance their mortgage. Available with Fixed or ARM loans.
  • Faster approvals and less documentation for Chase customers.

1. Depending upon your credit profile, interest only loans are available and provide for the payment of interest only for a set period of time, and payments of principal and interest thereafter for the remainder of the loan term. While making interest only payments, principal is not reduced. At the end of this period your monthly payment will increase, possibly substantially, because you will be required to pay down the outstanding principal. Always consider paying more than the minimum payment to pay down the principal.

2. For the Adjustable Rate Mortgage (ARM) product, interest is fixed for a set period of time, and adjusts periodically thereafter. At the end of the fixed rate period the interest and payments may increase. The APR may increase after the loan consummation.

3. For down payments less than 20% mortgage insurance (MI) is required and MI charges apply.

4. A fee may be charged for reduced documentation. Additional restrictions also apply. Additionally, first time homebuyers are not eligible.


Homebuying?
Refinancing?

1-800-873-6577

M-F, 8 am to 10 pm ET
Sat, 9 am to 5 pm ET

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Our most popular loan types

(as of January 2008)

  • 30-year fixed
  • 15-year fixed
  • 7/1 Interest Only Jumbo

Factors that might get you a better deal