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April 12, 1991 - Image 2

Resource type:
Text
Publication:
The Detroit Jewish News, 1991-04-12

Disclaimer: Computer generated plain text may have errors. Read more about this.

The Chase CustomFIT Mortgage:

IF INTEREST RAMIS
GO UP, YOU WIN.
IF INTEREST RATES
GO DOWN, You WIN.

Start with a competitive rate for a Fixed Initial Term
of 3, 5, 7 or 10 years. Convert later on to a fixed rate if
it works to your advantage.

You know how unpredictable interest rates
are. Which is whyyou should consider a
Chase CustomFlT mortgage. It gives you far
more control over rates than you may have
thought possible.
You may enjoy a low rate now
Perhaps a lower rate later. The Chase
CustomFlT mortgage combines the pay-
ment savings of an adjustable rate mortgage
with the security of a fixed rate mortgage.
You receive a competitive rate to start, with
the guarantee that it will remain the same
for a Fixed Initial Term of up to 10 years.
To give you even greater control, you have
the power to switch to a fixed rate on the first
day of any month after the sixth month and
up to and including the 60th month of your
loan. So if interest rates decline, you have the
opportunity to save even more—without refi-
nancing. All it takes is a phone call. And you'll
save thousands of dollars in refinancing costs.

If you do not decide to convert to a fixed
rate, your loan will automatically become a
1-year adjustable rate after your Fixed Initial
Term—with a rate cap that's lower than
those of many other lenders.
Talk it over with a Chase Consultant.
Your Chase Personal Financial Consultant is
a knowledgeable professional who can help
you obtain the CustomFlT mortgage that
best meets your needs. For more informa-
tion, call Chase now
If your borrowing needs are up to $1
million or more, talk to a Chase Personal
Financial Consultant.

Chase Personal
Financial Services

CHASE

NEP

4243

CHASE MANHATTAN OF MICHIGAN

BLOOMFIELD HILLS
Ross Roy Building
100 Bloomfield Hills Parkway Suite 140
Bloomfield Hills, MI 48304

313-645-6466

© 1991 Chase Manhattan Financial Services, Inc.

EQUAL HOUSING
OPPORTUNITY

8-

2

FRIDAY, APRIL 12, 1991

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