chaseb2b.com Disclosures:
View the Chase Disclosures and Legal Agreements on Chase.com.
For real estate and lending professionals only and not for distribution to consumers. This is not an advertisement as defined in 12 CFR 226.2(a)(2). All products are subject to credit and property approval. Program terms and conditions are subject to change without notice. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations apply. ©2008 JPMorgan Chase & Co. All Rights Reserved.
Loan and disclosure documentation, as well as servicing and billing communications, are only available in English.
ChaseLock®, ZiPPYSM, and ChaseLoanCenterSM are service marks of JPMorgan Chase & Co.
TrioSM is a service mark of eMagic.
Fannie Mae®, Desktop Originator®, Desktop Underwriter®, DO® and DU® are registered trademarks of Fannie Mae.
Freddie Mac® is a registered trademark of Freddie Mac.
Chase SecureFlexSM, ChaseFlex, EasyClose®, DreaMaker Opportunity®, ChaseQuick, ChaseMarketingZone and ChaseLearningZone are registered marks of JPMorgan Chase & Co.
If the LTV exceeds 80%, mortgage insurance (MI) may be required and MI charges may apply. The Chase Interest Only Mortgages provide for the payment of only interest for the Initial Period and for principal and interest payments thereafter for the remainder of the loan term. Brokers and correspondents should provide customers with clear and balanced product descriptions and should advise them of potential increases in payment obligations at the end of the interest only period, applicable prepayment penalties, and pricing associated with reduced documentation programs. For our 1/1, 3/1, 5/1, 7/1 and 10/1 Interest Only Adjustable Rate Mortgage (ARM) Programs, the initial period is and the interest rate is fixed for the first 1, 3, 5, 7, and 10 years, then the interest rate adjusts every year thereafter. For our 6/3 interest only Adjustable Rate Mortgage (ARM) Program, the interest rate is fixed for the first 6 months, then adjusts every 3 months thereafter. Please note, rate add may apply on certain doc types. See Rate Sheet for details. Interest Only Product is fully amortized over 30 years. With an ARM, payments are interest only for the term selected. At the end of the term, the outstanding principal balance begins to fully amortize over the remaining years. With a Fixed rate, during the initial 10 years, payments are interest only. At the end of year 10 (month 121), the outstanding balance begins to fully amortize over the remaining 20 years. Standard Prepayment Penalties apply. Mixed Use, and Manufactured Housing are not eligible. Additional restrictions may apply.
If advertisement is presented in a language other than English, you should note that, should you open an account, the documents related to the opening and maintenance of such account are only available in English. If you have concerns about reviewing or signing important documents in the English language, Chase strongly recommends that you consult with a qualified interpreter.
Each borrower has their own unique financial situation to consider when evaluating their residential mortgage needs. Although lenders and brokers may make product recommendations, the ultimate decision regarding product selection rests with the borrower. Responsible lending includes providing the information necessary to allow borrowers to effectively evaluate products and recommendations on their own merits.
JPMorgan Chase & Co. is committed to insuring that all documentation, policies, procedures and practices employed in the making of any residential mortgage loan result in the provision of information to borrowers in a manner that will allow them to understand our products and make informed decisions. The more complex the product, the more time that should be spent ensuring that the borrower fully understands it, and how it compares to other products. In addition, products will not be marketed or sold in any manner that employs unfair and/or deceptive acts or practices. Promotional materials and product descriptions will provide information about the costs, terms, features and risks of the products. In particular, borrowers will be apprised of potential increases in payment amounts and interest rates; potential increases in the principal balance and the resulting effect of decreasing home equity (which may cause difficulty in obtaining future refinancing transactions or in obtaining cash upon the sale of the collateral); the terms of any prepayment penalties; the obligation to directly make tax and insurance payments when not included in an escrow account and, any pricing premiums attributable to reduced documentation programs.
Non-Traditional Mortgage Disclosure
The Non-Traditional Mortgage Disclosure is designed to highlight the most relevant comparison points of our various products, as well as give consumers information that they can use in comparing our products against those of our competitors. Chase requests that Mortgage Brokers provide the Non-Traditional Mortgage Disclosure to loan shoppers whenever Chase products are first discussed.
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| Spanish Version |
Spanish Version |
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| Chinese Version |
Chinese Version |
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