Posts Tagged ‘Chase Home Mortgage Refinancing’

Chase Home Mortgage Refinancing

The Chase Home Mortgage Refinancing is a good way to help homeowners get their finances in order. The rates for Chase as posted on May 3, 2010 are a 30 year fixed at 5.125% interest with an APR of 5.214%. The 15 year fixed has an interest rate of 4.375% and an APR of 4.543%. The 7/1 ARM has an interest rate of 4.000% with a APR of 3.705%. The 5/1 ARM has an interest rate of 3.625% with an APR of 3.472%.

The rates above are not available in all states and some variations are present. There are several assumptions that Chase makes that are associated with these rates. The most important is that your credit score is rated as excellent along with the mortgage being for a single family residence.

When refinancing there are several options, one of them is if you are current on your payments but the value of your home has declined but does not exceed the 125% level then there is the Home Affordable Refinance option. With this option you will need to speak to a mortgage specialist at Chase. Before you call make sure you have the proper documentation ready. This should include your monthly pre-tax income, your pay stubs and all other income documents that will be used to help pay off the mortgage and the last 2 years of tax returns.

If you are already a Chase customer there is special process available for you. This will include less paperwork that will allow for a faster processing of your Chase Home Mortgage Refinancing. Just go to Chase Online Banking and look at your options.

For additional resources about Chase Banking services on this website, please view Chase Debit Card.

For additional resources from another bank please view Atlantic Stewardship Bank High Interest Checking Account on one of our sister sites onlinebanksblog.com.

A valuable resource named Australian CD Rates  is available on another sister website called bestcdratestoday.com

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