"The Relationship Pricing Program is a mortgage discount program that lowers a borrower's interest rate based on how much money they keep or move into eligible Chase deposit and investment accounts."
"Under the program, borrowers may qualify for a rate reduction ranging from 5 to 100 basis points when buying a home or refinancing a mortgage."
"Customers do not need to be existing Chase banking clients to participate in the rate promotion, and there are no additional eligibility requirements beyond qualifying for a mortgage."
"The rate sale comes as lenders continue competing for borrowers in a higher-rate environment that has weighed on home affordability and refinancing activity."
Chase provides mortgage discounts through its Relationship Pricing program, applicable to FHA loans and other products. Borrowers can receive interest rate reductions based on their deposits and investments with Chase. Discounts range from 5 to 100 basis points, depending on account balances and new assets. Participation does not require existing Chase banking relationships, and borrowers can apply for loans during the promotional period. The offer aims to attract borrowers in a competitive, high-rate environment, following previous promotions earlier in the year.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]