Standard Mandatory

Experience the added value offered by the Mandatory Team at Chase. We offer you proven reliability, unmatched experience and the full range of resources to help you accomplish your goals and objectives. Our Standard Mandatory Program offers you competitive pricing, a flexible delivery schedule, and strong relationship management. 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.

Programs and Products

Eligible products FHA/VA, Conventional Fixed Rate and Conventional ARMs per Chase guidelines
Minimum trade amounts No minimum
Delivery 8 / 15 / 30 / 45 / 60 day
Delivery tolerance +/-2.00%

Commitment Management

Funding Flow
Commitment rolls 15 or 30 day
Roll cost set at time of commitment
Swaps Available between eligible products, terms and security rates
Pair offs Based on current market security price vs. original security price

Loan Level Adjusters

Loan extensions

3 days to clear suspense items prior to extension fees being assessed

Fees and adjusters Fees and Feature price adjusters apply to loans as stated in the Correspondent Lending Guide and/or daily rate sheet

For more information please contact your Account Executive or the Mandatory Trade Desk.

Mandatory Pricing: 800-250-5015
CHF.Mandatory@chase.com

 
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