Chase Manhattan Mortgages The new JPMorgan Chase was created on July 1, 2004, upon completion of the holding company merger between J.P. Morgan Chase & Co. and Bank One Corporation.

JPMorgan's Diversified Industries group is a leading provider of strategic advisory services and capital raising in both the public and private, debt and equity markets. The group's mission is to help clients create value as they face the competitive challenges and macro demands of an increasingly global economy. Most of JP Morgan Chase's consumer-direct lending, which includes mortgages as well as auto and personal loans, is done through the Chase channel.

Chase offers mortgage loans through both consumer direct and wholesale channels. In both cases, it offers extremely competitive interest rates, and reasonable underwriting guidelines, using both Fannie Mae and Freddie Mac products (primarily the latter) as well as niche products that are funded from their own sources. They are one of the few lenders that routinely lend on co-ops and apartments (in places like New York City), as well as stack-up (above the third story) condominiums.

While the preferred Chase borrower is an a-paper client, their products also include a wide array of expanded programs, included competitive stated income, no income/no asset, and high-ltv loans, as well as jumbo and super-jumbo loans. They also offer a special line of mortgage products for borrowers with less-than-perfect credit. Additional loans Chase might offer include Adjustable Rate Mortgages (ARM), Fixed Rate, Interest Only, LIBOR, Cash Out, Second Mortgages, and Reverse Mortgages.

The Chase website offers an extensive amount of program and pricing information, as well as special incentives – including better rates – for customers who apply online. They also offer a comprehensive line of Home Equity Loans and Lines of Credit (HELOC) in addition to conventional home purchase and refinance loans.

Chase lends throughout the United States, and is subject to the laws of the state in which specific property is located.