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March 26, 1994 - Image 47

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-03-26

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

Tailoring mortgages
up to $2 million or more to fit your needs.

1 1% CHASE

Manhattan knows that in a chang-

Call Chase for:

ing economy, flexible financing options can give

• Flexible Financing Options
Including the Chase
CustomFlT® Mortgage

you a significant advantage.

That is why a Chase Relationship Manager will

help tailor a financing program that is right for you. It may

• Dedicated Service from One

include the Chase CustomFlT mortgage, an excellent alter-

Relationship Manager from
Application through Closing

native to traditional 30-year fixed rate mortgages. The

Chase CustomFIT offers a competitive initial interest rate

• Prompt Loan Decisions

that can be locked in for 3, 5 or 7 years, and could create

• Simple Application Process

an initial savings of up to $555 a month or more.

Discover the financing options and savings oppor-

CHASE MANHATTAN.

PROFIT FROM THE EXPERIENCED

tunities that are right for you at Chase.

As an example, assume a $500,000 fixed rate loan with a 30-year term at an interest rate of 8.25% and one point (APR 8.37%) and a monthly payment of $3,756.
Comparing this loan to a 3/1 CustomFIT loan with a 30-year term at an interest rate of 6.625% and one point (APR 6.348%) with 36 equal monthly payments of
$3,201 and 324 payments of $3,048 results in a $555 savings in your initial monthly payments. The APR is subject to increase after the initial interest rate term.
Additional closing costs apply. This interest rate may or may not be in effect at the time your loan is approved.

Call your local Chase office today. ----

4253

Bloomfield Hills
200 East Long Lake
Bloomfield Hills, MI 48304

810-645-6466

EQUAL HOUSING
OPPORTUNITY

© 1994 Chase Manhattan Personal Financial Services, Inc.

IN•TELLIGENT,

INDIVIDUALIZ

I)

FINANCING

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