The Chase Mortgage Company is a subsidiary of the JPMorgan Chase group. The name Chase is used for US consumer and commercial banking purposes since JPMorgan and JPMorgan Chase are the names being used in worldwide deals. As a leading lender in the US market, Chase Mortgage Company offers different loan options for you to choose from.

The Chase Mortgage Company has different loan packages available for your different needs. Whether you are a first time borrower or you need to refinance you home, Chase Mortgage Company has the answers to your dilemma.

They have seven main types of mortgage packages namely Fixed rate mortgages, Jumbo Mortgages, Adjustable rate mortgages, Interest-only mortgages, Specialized loans, First-time homebuyers loans, and Homebuilder loans. The advantages of each type of mortgage package are discussed below:

Fixed Rate Mortgage

An option of a 15, 20, 30, 40 year loan term with fixed monthly payments and evenly spaced out payments.

Jumbo Mortgages

Jumbo Mortgages are called as such since they are loan amounts greater than the normal limits allowed. They come in 10, 15, 20, 25, and 30 easy installment loans bad credit term with a fixed interest rate therefore having a fixed monthly payment as well.

Adjustable Rate Mortgages

The concept of adjustable rate mortgages is that the interest rate is fixed for a chosen period, then, adjustable for the remainder period of loan. An advantage of this type of mortgage is the chance to benefit from lower interest rates in the future.

Interest-Only Mortgages

This type of mortgage enables the client to pay the interest only for the loan amount for 10 years. After which, the client will be required to pay the principal plus interest for the remainder of the loan period. Paying interest only for the first 10 years will enable the borrower to improve his cash flow. The interest-only mortgage of the Chase Mortgage Company also offers the option to have it as a fixed rate or adjustable rate mortgage.

Specialized Loan Options

The Chase Mortgage Company also offers guaranteed personal loan with bad credit to those people that do not have the usual requirement in obtaining a loan. This type of loan is very helpful to self-employed individuals and to those working abroad yet planning to invest in a US home.

First-time Home Buyers Loans

The Chase Mortgage Company also offers a light plan for those first-time home buyers. They even consider people with less than perfect credit standing. Their First-time Home Buyer loans are usually fixed rate guaranteed payday loans for bad credit that do not need borrower investment and have predictable monthly payments.

Home Builders Loans

Depending on the type of Home Builder Loan package, the interest rates differ from being a fixed rate, adjustable rate, or lock-in rate.

These are the different mortgage packages offered by the Chase Mortgage Company and it is your choice to select the best one.