MilePoint Newsletter 	


[IMAGE]	 Refinance with MilePoint Long-term interest rates have hit their lowest level in years.  In fact, the 15-year rate is currently at its lowest level on record!  There is no better time than now to help reduce your monthly expenses and help our country's economy get back on track.   What are the top 5 reasons to purchase or refinance a home?  In today's market, purchasing a home may be less expensive than renting If you currently own a home, refinancing may lower your monthly payment Refinancing with a "cash out" option can help payoff or consolidate higher interest rate debts By refinancing, you can convert an Adjustable Rate Mortgage (ARM) to a low fixed rate Refinancing to a shorter term loan (from a 30-year to a 15-year loan), can save you thousands of dollars in interest  PLUS, you can use miles to save even more on your next mortgage or refinancing with Chase and CitiMortgage!   [IMAGE]   As a MilePoint member, you can choose to redeem your miles and points for automatic savings of up to $500 on mortgage settlement costs when you choose Chase Manhattan for your home financing needs.  So whether you are purchasing your first home or a vacation home, or just considering the refinance of your current mortgage, Chase can help save you time and money.   Of course, you'll receive all the other benefits of being a Chase customer, including a Free Affordability Estimate or Refinance Savings Analysis. We offer a Passport-To-Purchase Preapproval
 Program so you can shop with confidence knowing Chase Manhattan, the nation's leader in mortgage lending, already approves you. This can increase your negotiating power with the seller and help you close the loan more quickly.    Chase also offers expanded qualifying ratios, some of the most flexible in the industry, so that with sufficient equity, you may be able to finance a larger home! You can lock in an interest rate right over the phone so that you are protected, should rates rise. For a nominal fee, you also have the option to float down to a lower rate, should interest rates fall while your loan is being processed.   Tell me more ?     [IMAGE]   Use miles for $500 closing cost savings, or a 1/4% reduction in loan origination point(s).   We specialize in working closely with companies like MilePoint to give you mortgage financing advantages you won't find anywhere else. Our wide array of mortgages gives you many choices, so you can find the one that meets your needs perfectly. You'll also be able to save money when you choose from our superior group of financial solutions. Call us today at 1-800-353-7989.     Benefits  As a MilePoint Member, you will receive...  Either $500 off your closing costs or 1/4% reduction in loan origination point(s), by applying 25,000 miles  Preferred Interest Rates  No PMI (Private Mortgage Insurance) with less than 20% down  National School Report helps you choose the right school for your child  Guaranteed on-time closing or you receive $400 toward closing costs  Access to a wide variety of Citigroup products and services  CitiQuik
 provides a mortgage loan approval in just minutes from start to finish and cuts the paperwork to a bare minimum.  SureStart
 helps you shop with the confidence of a cash buyer. We'll let you know up front how much financing you qualify for, saving you time and legwork.   Tell me more ?   	[IMAGE]	
		[IMAGE]