Chase has expanded its Bulk Bid commitment program to make sending business our way even easier.
Chase Bulk Bid gives you maximum flexibility during the loan delivery process. The Bulk Bid program offers funding at a weighted average price and is available for Agency-eligible loans that meet the Chase underwriting guidelines as well as for Non-Agency loans that are underwritten to your pre-approved guidelines* At Chase we realize in today's market you must explore and take advantage of every opportunity to minimize costs and maximize profits. As a Chase Mandatory customer, you retain control and flexibility affording you the power to direct your production and increase your returns.
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Programs and Products
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Eligible products |
All eligible products per Chase guidelines or per your pre-approved guidelines |
| Minimum trade amounts |
$3,000,000 |
| Delivery |
Set at time of commitment |
| Delivery tolerance |
Established at time of commitment |
|
Commitment Management
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Funding |
Scheduled fund date established at time of commitment
|
| Swaps |
Substitutions may be considered, may impact overall package price |
| Loan Level Adjusters |
Pair offs |
Based on current market security price vs. original security price |
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|
Fees and adjusters |
Loans fund at weighted average price which includes all fees and feature price adjusters |
For more information please contact your Account Executive.
Mandatory Pricing: 800-250-5015
CHF.Mandatory@chase.com
*Additional terms and conditions may apply for Non-Agency loans.