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Ally Bank vs. Chase Bank mortgages
Both Ally and Chase are big names in the banking industry, but buyers should consider major differences between the two when choosing mortgage services.
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How do Ally and Chase Bank compare?


- Choose this lender for clear time estimates
- Not ideal if you’re looking for in-person support
- A good option for first-time homebuyers
- Choose this lender for great in-person help at branches in 22 states
- Watch out for frustrating customer service online and over the phone
- A good option for borrowers who want a mortgage from a well-known bank.
Loans offered
- Purchase
- Refinance
- Jumbo
- Home Equity
- FHA
- VA
- USDA
- Purchase
- Refinance
- Jumbo
- Home Equity
- FHA
- VA
- USDA
Neither of these seems the right fit?
Minimum credit score
Conventional: 620
Conventional: 620
States available
Not available in: HI
Available in all states
Pros
- Clear application timeline
- Customer discounts available
- Guides and resources available
- Flexible application process
- Online tracking
- Other banking products
- Member discounts
Cons
- No government-backed loans
- No branch locations
- No home equity line of credit (HELOC) options
- Multiple fees
- Requires fair to excellent credit
- Limited branches for in-person service
Customer reviews
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