Overview of Chase Manhattan Mortgage
Whether you are looking to buy a new home, refinance your
current home, or inquire about a home equity loan, Chase Manhattan
Mortgage has been a leading mortgage and home loan lender
Chase Manhattan Mortgage is under the larger network of JPMorgan
Chase and Company, a firm that is a leader in investment banking,
financial transaction processing, financial services for businesses
and consumers, private equity and asset and wealth management.
With assets of around $1.1 trillion and recently having merged
with Bank One of America, the Chase brand will soon serve
850,000 businesses and 31,000 commercial businesses. Within
the near future, Chase will have 2,300 branches in 17 states
and will dispense 87 million credit cards.
Also called CMMC, Chase Manhattan Mortgage Corporation handles
all home financing needs of Chase customers across the United
States and in the Virgin Islands. First home loans are offered
through CMMC in all states but New York. Home equity products
are offered in 40 states, and loans only in Mississippi.
Home equity products are available for primary residences
where owners reside with one to four families in residence.
They are also available for co-ops and condominiums. Exceptions
to this may apply In Texas and Downstate New York. Properties
that are second homes, such as vacation homes, may also be
applicable for home equity, but special restrictions may apply
In Connecticut, New Jersey, New York and Texas, home equity
credit and loans will be paid by JPMorgan Chase Bank. In Texas
and some other geographical areas, credit and loans will be
offered through Chase Manhattan Bank, USA, also called Chase
As one of the largest mortgage companies in the country and
part of the JP Morgan Chase family, Chase Manhattan Mortgage
continues to provide excellent products and service to America’s
homeowners and homebuyers.