Mike Watson
Senior Home Lending Advisor
NMLS ID: 1000765
Fax:
(619) 819-4100
Connect with me:
About Michael
Mike proudly serves clients in the Chula Vista, CA area and specializes in lending to self-employed clients, home equity lines of credit, FHA and VA mortgages, condo and co-op lending, first-time homebuyer programs, and conforming loans and jumbo mortgages. Whether you're a first-time homebuyer, need to expand or downsize, or are looking for a second home, Mike is here to help you find a mortgage to fit your needs. Starting with a review of your finances, Mike can help you get a clear picture of what might work best for you. Mike will explain your options, answer any questions you may have, keep you informed and guide you through every step of the mortgage process. Above all, Mike wants to ensure that you have a positive home lending experience.
Mortgage Tools 1
Chase MyHome6. All things home. All in one place.
Sign in to Chase MyHome to search for the home you’d like, see sales trends, estimate your budget, find a loan and more.
Find a home you love
Search home listings, neighborhood information and more, based on your needs.
Explore homesWhat's your price range?
How much home can you afford? Enter you information to help determine your homebuying budget.
Go to affordability calculator7Explore your options
For a first home or refinance8. Compare rates, see loan options and find offers that meet your needs and goals.
See your loan optionsBenefits of working with a Chase Home Lending Advisor
See how our Home Lending Advisors are ready to help you with everything from preapproval13 to finding the right loan, application guidance and more.
Frequently Asked Questions
When is it time to stop renting and buy a home?
When debating between renting vs. buying, you need to think about your lifestyle and finances. While renting can provide more flexibility, owning a home enables you to build equity in the property and may provide tax benefits.
Buying a home is a huge step, especially when you’re moving from renting to owning.
Buying a home is a huge step, especially when you’re moving from renting to owning.
How can I get information on mortgage loan options?
At Chase, you can choose from several types of mortgage loans to finance your home purchase. A Home Lending Advisor can help you understand the differences between the various loan options so you find one that best suits your financial situation.
Once you understand what you want out of a home, determining your housing budget is essential. After determining a loose housing budget, you'll need to decide how much you'll be comfortable paying each month. Your real estate agent will help you find the right home based on all of these factors. Looking for more information? Read our guide on “How to Find the Perfect Home!”
Once you understand what you want out of a home, determining your housing budget is essential. After determining a loose housing budget, you'll need to decide how much you'll be comfortable paying each month. Your real estate agent will help you find the right home based on all of these factors. Looking for more information? Read our guide on “How to Find the Perfect Home!”
What documents will I need to apply for a mortgage?
Traditional loans usually require documents that verify your employment, income and assets, and may include:
• Your Social Security number
• Pay stubs for the last two months
• W-2 forms for the past two years
• Bank statements for the past two or three months
• One to two years of federal tax returns
• A signed contract of sale (if you've already chosen your new home)
• Information on current debt, including car loans, student loans and credit cards
• Your Social Security number
• Pay stubs for the last two months
• W-2 forms for the past two years
• Bank statements for the past two or three months
• One to two years of federal tax returns
• A signed contract of sale (if you've already chosen your new home)
• Information on current debt, including car loans, student loans and credit cards
What is better: a fixed or an adjustable interest rate?
If you plan to be in your home for more than seven years, you may want to consider a fixed-rate mortgage, which offers predictable payments and long-term protection against rising mortgage interest rates. If you plan to be in your home for seven years or less, an adjustable-rate mortgage (ARM)2 could be attractive. Keep in mind that with an ARM, your monthly payments have the potential to go up each time your interest rate adjusts.
Current Chase mortgage rates14
Purchase
Refinance
Calculators1
We’ve got all the tools you need to help you make the right decisions.
Use your annual income and expenses or maximum mortgage payment amounts to estimate the home price you can afford.