BIG MILES FOR MORTGAGES
If you are in the market to refinance your mortgage or buy a new home don’t forget there are miles and points to be earned for those huge purchases in life. Here is a comprehensive list of the current loyalty programs that are offering bonus miles for a refinance or new home purchase.
|Buying or selling a home – Earn 2,000 miles for every $10,000 of the sale/ purchase price
Home Mortgage – Earn 1,250 miles for every $10,000 financed
Move to a new state – Earn 5,000 miles when you move with Allied, NorthAmerican or Global Van Lines
|American||Wells Fargo||Earn 1,000 AAdvantage miles for every $10,000 financed on a new purchase, refinance and home equity loans or lines of credit||Ongoing|
|Southwest||Chase||Earn up to 50,000 points||Ongoing|
|United||Chase||Earn up to 50,000 miles||Ongoing|
|Marriott Hotel||Chase||Earn up to 75,000 points||Ongoing|
NOTE: Chase bank also offers 1% discount on scheduled principal and interest payments made by electronic transfer from a Chase checking account.
With any new Chase mortgage or refinance, choose either 1% cash back or a 1% payment against your principal balance, up to $500 annually for the life of the program, when you sign up for automatic payments from a Chase personal checking account. To qualify you must have or open a Chase personal checking account by the time of your mortgage closing.
1. OPEN A NEW CHASE MORTGAGE
1% Mortgage Cash Back works with any new Chase mortgage or refinance.
2. SET UP AUTOMATIC MORTGAGE PAYMENTS – FROM YOUR CHASE CHECKING ACCOUNT
At your loan closing, complete your enrollment in our automatic mortgage payment service with your Chase personal checking account. With this convenient, FREE service, your mortgage payment is automatically deducted from your checking account. You’ll never miss a payment, never worry about looking for a stamp.
3. ENROLL IN 1% MORTGAGE CASH BACK – CHOOSE HOW YOU WANT TO RECEIVE YOUR REWARD
Deposited into your Chase checking account OR applied as a payment against your mortgage principal.
4. WATCH YOUR CASH BACK GROW
*Be sure to ask about this feature when you apply for your Chase mortgage.
NOTE: You can always find updated information on my Mortgage Bonuses page.