Yes, Chase Home Finance generally allows borrowers to make extra payments towards their mortgage. This can help reduce the principal balance more quickly and potentially save on interest over the life of the loan. However, it is important for borrowers to review the specific terms of their mortgage agreement to ensure there are no restrictions or penalties associated with making extra payments. In many cases, lenders may apply these additional payments directly to the principal, which can significantly impact the overall amount of interest paid. To better understand the implications and options available, it may be helpful for borrowers to visit the Chase Home Finance website for detailed information and guidance specific to their loan.
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