Mortgage Fee Cost
Understanding services, fees and costs
Cost for mortgages past due or in default
This section shows the common costs that you may have to absorb if your mortgage loan is past due or in default. These costs may vary depending on the service required, your location, how quickly the service is needed, if the work is done under extraordinary circumstances, and any investor or other legal requirements such as state or local laws. You may have to absorb other costs that are not listed here.
The costs listed below make up the Corporate Advance Balance located in the loan overview section on your monthly statement.
Property value
Property preservation
To ensure the property is occupied and maintained
- Inspection – $20
- Securing property – $1-$930
- Lawn care/snow removal – $2-$410
- Winterization – $3-$200
- Debris or vehicle removal – Based on contractors’ bids
- Damage repairs – Based on contractors’ bids
- Treating mold – Based on contractors’ bids
- Capping utility lines – $1-$200
- Utility payments – Based on local rates charged by utility company
If you’re seeking mortgage assistance, go to chase.com/MortgageAssistance to find the information you need to apply for help.
Last revised May 2023