Chase, short for JP Morgan Chase Bank, offers flexibility and discounts with its home equity loans. For HELOCs, homeowners can access their line of credit for up to 10 years, followed by a 20-year repayment period. Fees include a $50 origination fee and a $50 annual fee. The Chase fixed-rate lock option allows you to switch from a variable rate to a fixed rate on all or a portion of your line of credit. Homeowners can also utilize a one-time cash payment with a refinance.
You can get a discounted interest rate with a qualified Chase checking, savings, or investment account. As an added plus, customer service is available on weekends.