Wirly

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Chase Refinance Review

4.2/5 ratingBest for: Existing Chase customers

By the Wirly Editorial Team

Key Statistics

Total Originations

150,275

HMDA 2023

Avg Loan Amount

$0

National average

Denial Rate

0%

National average

States Active

8

With HMDA filings

At a Glance

Min Credit Score

620

Loan Types

Conventional, FHA, VA, Jumbo

Notable Features

  • Relationship discounts for Chase banking customers
  • In-branch and online application options
  • DreaMaker program for lower-income borrowers

HMDA Lending Data

Top states by refinance origination volume. Source: HMDA 2023

StateOriginations
CA88,917
NY28,738
MA13,442
IL10,916
OR3,816
CT3,299
WY694
DC453

Pros and Cons

Pros

  • +Rate discounts for existing Chase banking customers
  • +Nationwide branch network for in-person support
  • +Strong reputation and financial stability

Cons

  • -Less competitive rates without relationship discounts
  • -Approval process can be slower than online-only lenders
  • -No USDA loans

Frequently Asked Questions

Is Chase good for refinancing?

Chase is rated 4.2/5 on Wirly and is best suited for borrowers looking for existing chase customers. They processed 150,275 refinance originations nationally in 2023, according to HMDA data.

What credit score do I need for Chase?

Chase requires a minimum credit score of 620 for mortgage refinancing. However, better rates are typically available for borrowers with scores of 740 or higher.

What loan types does Chase offer?

Chase offers Conventional, FHA, VA, Jumbo refinance loans. VA loans are available for eligible military members and veterans.

What is Chase's denial rate?

Chase's national refinance denial rate is 0%, based on 2023 HMDA data. Denial rates vary by state and borrower profile.

How does Chase handle complaints?

CFPB complaint data for Chase can be found on the Consumer Financial Protection Bureau's complaint database.

Ready to explore Chase?

Visit their site to check current rates, or use our tools to compare.

This review is for educational purposes only and does not constitute financial advice. HMDA data sourced from the CFPB. Complaint data from the CFPB Consumer Complaint Database. Wirly is not a lender or mortgage broker. See our methodology.