The Chase CustomFIT Mortgage:
IF INTEREST RATES
GO UP, YOU WIC.
IF INTEREST RATES
GO DOWN, YOU WIN.
Start with a competitive rate for a Fixed Initial Term
of3, 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 why you should consider a
Chase CustomFlT mortgage. It gives you far
more control over rates than you may have
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 vou 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
CHASE MANHATTAN OF MICHIGAN
Ross Roy Building
100 Bloomfield Hills Parkway, Suite 140
Bloomfield Hills, MI 48304
©1991 Chase Manhattan Financial Services, Inc.
FRIDAY, APRIL 26, 1991