Chase International Relocation

Yes, however this is only required for the assets used to qualify for the loan. Your Home Lending Advisor can connect you with a Chase banker in your new hometown. You can also go to chase.com to learn more about available products and services.

We have fixed and adjustable-rate mortgages available with a variety of terms. Your Home Lending Advisor can help you find products based on your unique needs.

We require a minimum loan-to-value (LTV) of 80%, with possible LTV exceptions of 85%-89.99% including substantial compensating factors. Any money being used as an asset or reserve on the purchase transaction will need to be moved to a U.S. asset account. We will need to obtain a copy of the most recent two months’ asset statements from the foreign account that shows money leaving the account and entering a U.S. asset account.

Yes. Two years of work history is needed to verify income (i.e., W2s, paystubs, K1’s and tax returns if applicable).

Traditionally, loan approval criteria require a credit score in order for you to be eligible for mortgage financing. The international relocation program does allow loan approvals without having U.S. credit. As a substitute we need to obtain a foreign credit report with translation if applicable. In situations where a foreign credit report isn't available, we will be required to create a non-traditional credit history. To do this, we will need documentation that supports a minimum of a 12-month payment history on four separate accounts. We will need 12 months of canceled checks or bank statements confirming timely payment has been made. Documentation to support your current credit history for the past 12 months of housing payment, credit card and insurance along with one other account will be needed to create the report.

Provide your Home Lending Advisor with the documents to submit for no-cost translation services. The process takes approximately one week.

We can use your U.S. corporate housing address on the application. Please note, the U.S. address of record cannot be a P.O. Box or a personal mailbox rental.  If you’re a repatriating U.S. citizen and would like to apply prior to residing in the U.S., please contact your Home Lending Advisor for further guidance. If you are a Foreign National you must be in the U.S. with a valid address prior to application.

Yes. Please provide all housing debt, including foreign liability.

It can take up to 10 business days from receipt of your documents and translation.

You can anticipate 60 days or more from preapproval.

If you are a U.S Citizen, we recommend that you live in the U.S. prior to signing a purchase contract. If you’re a U.S. citizen, you may be able to use a verified address of record prior to residing in the U.S. Talk with your Home Lending Advisor about your unique circumstances.  If you are a Foreign National you must reside in the U.S. with a valid U.S. address prior to application.