Refinancing benefits
Refinancing benefits
Chase offers a variety of options that allow your employees to tap into their home's equity and take cash out.
We can help employees free up money by lowering monthly mortgage payments or providing a one-time cash-out payment during refinancing by tapping into the equity of their home.
Possible benefits of refinancing:
- $1,000 credit at closing
- Lower monthly mortgage payments
- Pay less interest over the life of the loan
- Shorten the length of the mortgage
- Switch from an adjustable rate to a more stable fixed rate
- Consolidate high-interest debt into the mortgage
- Help with unexpected life events
A cash-out refinance could help with large expenses such as:
- Home renovation projects
- Tuition and school fees
- Unexpected/emergency expenses