Chase adds no-closing-cost option to fixed-rate loansMortgagePress.comNo closing costs, Chase
Chase has added a no closing cost option for new amortizing and
balloon home equity loans, available to borrowers who meet Chase's
underwriting guidelines (except in the Carolinas and other states
where Chase Home Equity does not do business).
Chase's No Closing Cost fixed-rate home equity loans are
available with fixed repayment terms of five to 20 years and
balloon repayment terms of 30 and 15 years. They are available on
loan amounts of up to $1 million, with full-doc and stated-income
options and up to 100 percent combined loan-to-value.
Chase, a subsidiary of JPMorgan Chase and Company, is a consumer
and commercial bank based in New York. For more information, call
(888) 342-4273 or visit www.chase.com.