Chase Mortgage Program covers a wide range of home finance requirements for different categories of homebuyers. There are two broad categories – home purchase and refinance. The programs have been designed keeping in view the typical needs of first home buyers, existing homeowners and those who want to take cash out of the equity. Browse our website to get more details about the various mortgage programs offered by JP Morgan Chase Bank. To discuss it briefly here is a list of some of the most common ones if you are new to homeownership experience.

• Fixed Rate Mortgages for a 15-year as well as for a 30-year period
• Adjustable Rate Home Loans with flexibility to choose from a wide array of options including 1, 3, 5, 7 and 10 Year ARMs
• Interest Only Loans
• Special mortgage programs for people with less than perfect credit history that may include FHA and VA mortgages, low-down-payment financing solution, DreaMaker with low closing costs and more

Chase Mortgage Refinance Program

Refinancing can work in streamlining your financial obligations and resources. JP Morgan Chase offers a good platform to help you conceive a plan and achieve a target through a variety of refinance options. Here is a quick list for some of the most common Chase Mortgage Refinance Programs.

• Fixed-Rate Mortgages with 10, 15, 20, 25, 30 and 40 year fixed terms
• Adjustable-Rate Mortgages with 5/1, 7/1 and 10/1 ARMs and 10 to 40 year terms
• Jumbo Loan for non-conforming requirements up to $2 million
• FHA Fixed First-Time Homebuyer Mortgage with fixed as well as adjustable rate options
• Home Affordable Refinance Program (HARP) with less documentation requirements and faster approval time
• Chase Mortgage Rate Reduction Program

Chase Mortgage Hardship Program

Chase Mortgage Hardship Program is available for borrowers who have missed a few payments are now behind on their mortgage. There is not one but several programs aimed at different kinds of homeowners at different stages of default. Customers facing hardship should approach Chase Homeownership Center or contact a loss mitigation specialist if they have already received a foreclosure notice. Here are some of the home retention options that the bank offers.

• Loan Modification
• Repayment Plan
• Partial Claims (for FHA Loans)

Chase Home Loan Modification Program

Chase Home Loan Modification Program is by far the most popular home retention option and it has really helped many save their houses. If you have missed one or two payments or expect that it will happen soon you must start immediately to contact Chase Homeownership Center by calling 866-550-5705. Depending upon your current financial condition you may qualify for federal government’s Home Affordable Modification Program (HAMP). If not then you have option to go for a regular Chase home loan modification which involves a few steps and takes considerable amount of time for approval. Browse our website to get detailed information about Chase Mortgage Modification Program.