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Study supports efficiency of state anti-predatory laws
Chase launches qualified homebuyer programMortgagePress.comQualified homebuyer program, Chase
Chase has launched Premier Builder, a program designed to make
mortgage financing easier for qualified consumers buying homes from
premier homebuilders - homebuilders that have been in business for
five consecutive years, demonstrated sufficient net worth and
generated annual sales of at least $50 million. Borrowers also
benefit from extended rate-lock terms of up to 24 months, including
a market rate float-down option within 60 days of closing.
"Through Premier Builder, we have scaled back the documentation
we require of qualified buyers, and we have stepped up efforts to
reduce processing hassles, so buyers can close on time," said Rich
Miller, Chase's national builder executive.
Chase, a subsidiary of JPMorgan Chase & Company, is a
residential mortgage originator based in Iselin, N.J. For more
information, call (800) 962-2053 or visit www.chase.com.
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