Buying a home is a significant investment of both time and money, as finding the right mortgage, setting aside funds for the down payment, and clearing up any credit issues are necessary steps in the process. Homebuyers can reduce some of the stress and frustration that comes with purchasing a home by shopping around for a lender that understands what makes the most financial sense based on credit history, income, and savings. Securing the right lender for the long-term investment of purchasing a home may also come down to what the mortgage lender has to offer in terms of incentives and promotions at the time the mortgage is approved.
Currently, Chase Bank is offering a promotional incentive for homebuyers who apply for and close on a mortgage loan after March 26, 2017. A cash back offer of $595 is available for qualified home buyers who establish a new mortgage loan with Chase Bank for a residential property. The promotion is only available to homebuyers who enroll with the provided E-coupon code through the online promotional site within 60 days of closing on the new mortgage loan from Chase Bank.
Homebuyers are required to have an existing personal checking account through Chase, or they must open a new checking account at the time of closing. Additionally, the cash back incentive requires that homebuyers establish automatic mortgage payments from their personal Chase checking account within 60 days of closing. Also, borrowers must sign up for paperless statements within two months of closing on the new mortgage to qualify for the cash back offer. The promotion cannot be combined with any other offers from Chase Bank, and it may not be used for a refinance mortgaged.
Chase Bank makes available a variety of home loan options for well-qualified borrowers, including fixed-interest-rate conventional mortgages and adjustable rate mortgages. Repayment terms and interest rates vary depending on the creditworthiness and preferences of the borrower, and every individual listed on an application must have a strong credit history and score to qualify. Additionally, Chase Bank may require proof of income or details regarding the property to be purchased in order to approve a new mortgage loan.
Founded in 1799, Chase Bank is one of the oldest, most well-established financial institutions in the country. The bank currently serves one out of every two households with one or more financial products, including deposit accounts, credit cards, and home loans.
Prospective home buyers interested in the $595 cash back offer from Chase Bank may gather additional information or apply for a new mortgage by visiting a Chase branch office, by calling a mortgage specialist at 1-866-397-1848, or by visiting the bank online.
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