This spring/summer season, mortgage rates are even more attractive than at the start of 2010, and many of our clients are finding it useful to re-assess their current situation.  It may be an ideal time for you to consider purchasing a home, refinancing an existing mortgage, or establishing a home equity line of credit.

At J.P. Morgan you can expect:

·         Competitive rates, no points and no prepayment penalties. Also, a rate discount of 0.125% with automatic payments from your J.P. Morgan account

·         Exceptional service through a dedicated Private Banking team who will help you through the life of your loan

&midd ot;         Flexible structures, such as mortgages for trusts, LLCs, and other non-traditional arrangements 

·         Underwriting guidelines tailored to unique compensation and cash flow circumstances

On the attached page, and below I have included our current rates, many of which remain at or near historic lows.  I think you will find them very competitive.

If it is helpful to you, I am available any time to discuss potential strategies that can help you take advantage of the low mortgage rates this spring/summer.

Have a great Memorial Day Weekend,

Brian Person

215-640-3666

Please see below for J.P. Morgan’s mortgage rates as of May 23, 2011. Rates reflect 0 points, a 60-day lock period and a 0.125% reduction with direct debit from a J.P. Morgan checking account.

APR means annual percentage rate.

Note: rates are available for mortgages in excess of $10MM. Please call for a rate quote.

No commitment to lend by J.P. Morgan should be construed or implied. Rates are indicative and subject to change.

At J.P. Morgan, we personally service all of our mortgages. Instead of a call center or a broker who is unfamiliar with your financial picture, your dedicated J.P. Morgan team simplifies the mortgage process and is a single point of contact for all loan matters.

*Mortgages under $250,000 have 1 point.

JPMorgan Chase Bank, N.A. Member FDIC