Deed-in-lieu | Eligibility Guidelines | Mortgage Assistance | Home Lending | Chase.com
How will this impact your current loan?
Payments end when the Deed-in-lieu is completed.
The loan will be terminated and interest payments end upon completion of the deed-in-lieu.
Loan term (length)
Life of loan cost
Depending on the investor/insurer’s riles, part of the shortfall may need to be paid. Consult your tax professional to discuss any impact to tax liability.