Louis Vela
- Chase Certified in VA Loans
Recent Reviews
- Rating 5.0May 19, 2023Thank you Louis for your excellent service.You made it happen for me in purchasing my knew home. I will refer to you the next person that is interested in a loan officer .
- Rating 5.0May 9, 2023Louis was a great partner before, during and after our closing. I can think of no better person to work with at Chase or anyone who is has a better work ethic than Louis does! I never hesitated to ask him about anything with the process and he always got the answer and gave 100% effort on our behalf! Will be happy to use him again for the next house and you should too!!!Response from Louis VelaMay 9, 2023Your review of Louis Vela made us so happy, JoAnn. Here at Chase we strive for excellence, so we are pleased to hear we met your expectations! We hope you will choose Chase for any future mortgage needs.
Sincerely, Chase - Rating 5.0April 20, 2023Thank you so much Louis. You are so kind, thorough, and patient. I had so many questions and you answered all of them. If I know of anyone looking for a mortgage I will tell them about you and ChaseResponse from Louis VelaApril 20, 2023Thank you, Maryellen, for this glowing review. We are glad Lousi Vela was able to answer your questions throughout the process. It is our goal to be an advisor and guide during this exciting time. Reviews like yours help our business grow!
Sincerely, Chase - Rating 5.0April 20, 2023Thank you Mr.Louis vela for your patience and your professionalism. I had so many questions through this process and you went above and beyond to make my experience with Chase Bank a great one . It's the people skills , patients and communication that made this experience a great one , thanks to you Mr. Louis vela and God bless.Response from Louis VelaApril 20, 2023It means so much to us that you left such positive feedback, Erasmo. We are glad Louis Vela was able to answer your questions throughout the process. It is our goal to be an advisor and guide during this exciting time. Thank you for choosing Chase!
Sincerely, Chase - Rating 5.0March 2, 2023ExcellentResponse from Louis VelaMarch 3, 2023Thank you, Robin, for speaking to your positive experience. We are thrilled Louis Vela was able to help you. It was a pleasure working with you and hope you'll choose Chase again in the future.
Sincerely, Chase - Rating 5.0February 5, 2023If you looking for someone who is very knowledgeable and passionate on getting your deal done. This is the man for the job. Louis is very responsive, and always willing to help guide you through the process. Outstanding customer experience. Thank You and looking forward to doing business in the future.Response from Louis VelaFebruary 5, 2023Thank you, Robert, for your rave review. We are delighted Louis Vela was responsive to your needs. We appreciate customers like you.
Sincerely, Chase - Rating 5.0January 25, 2023Louis was invaluable during my recent purchase of a new home. He was in constant contact without me throughout the entire process and always kept me informed during each step from beginning to end. He ensured that we closed on time and it was a flawless closing. I can not speak highly enough about Louis’ performance he was awesome! I look forward to working with Louis again in the future for the purchase of my next home. Thank you Louis!Response from Louis VelaJanuary 25, 2023Thank you, Angela, for this glowing review. We are delighted to hear that Louis Vela provided you with such a great experience. We look forward to working with you again in the future.
Sincerely, Chase - Rating 5.0January 19, 2023Louis was awesome to work with! His expertise, and knowledge made the difference in landing our desired property in a competitive marketplace. He went above and beyond to contact the sellers agent to thoroughly explain the lending process to assure them of a smooth closing process. He definitely delivered on the promise. Will recommend 10/10!!Response from Louis VelaJanuary 20, 2023Thank you, Cody, for this glowing review. We are glad to hear Louis Vela's knowledge was helpful to you. It was a pleasure working with you and hope you'll choose Chase again in the future.
Sincerely, Chase - Rating 5.0October 24, 2022Exceptional customer service, very responsive, attentive, friendly, and very knowledgeable! Best Experience I’ve ever had with purchasing a home.Response from Louis VelaOctober 24, 2022Thank you, Andrea, for your review. We are delighted to hear that Louis Vela provided you with such a great experience. If you need assistance in the future, please reach out.
Sincerely, Chase - Rating 5.0September 24, 2022Louis is a first class lending advisor. His attention to details and eagerness to explain options was outstanding. Very personable and easy to work with.Response from Louis VelaSeptember 25, 2022Thank you, Rob, for your review. We are glad that Louis Vela was able to outline all options for you during this exciting time. Working with you was truly our pleasure.
Sincerely, Chase - Rating 5.0September 15, 2022My wife was a processor for many years at Bank of America. I had not purchased a home in 32 years and this experience was beyond my expectations. Louis Vela, our loan officer was absolutely fantastic. He kept us informed throughout the process
- Rating 5.0September 1, 2022Loan specialist were very professional, friendly and helpful explaining everything and helpful. Great job by Louis Vela and crew!
- Rating 5.0September 1, 2022Louis Vela was beyond helpful and by far the best broker I have ever worked with.
- Rating 5.0August 11, 2022Louis Vela and Maureen Dillon were the best loan officers I have ever had! I am thoroughly impressed and blown away with my great experience with Chase. From start to finish, Louis and Maureen handled my mortgage loan application with care and was always available, with quick responses and communication. I am very grateful to have worked with such great professionals and I will return to Chase from now on! Best experience ever!!!
- Rating 5.0July 16, 2022Louis was fantastic he meet our every need & went above & beyond to make sure every step of the way was smoothResponse from Louis VelaJuly 16, 2022Thank you, Lacey , for this glowing review! We are delighted Louis Vela provided an exceptional experience. If you need assistance in the future, please reach out!
Sincerely, Chase - Rating 5.0June 15, 2022Excellent service,I would Not exchange Mr Louis for no one else !!!Response from Louis VelaJune 15, 2022Hi, Jacqueline, we wanted to reach out and say “Thanks!” for your positive feedback. We are delighted to hear that Louis Vela provided you with such a great experience. It was our pleasure to help you with your loan.
Sincerely, Chase - Rating 5.0June 10, 2022I can't say enough about the help Louis gave me. He helped online and in-person every step of the loan. I felt very safe in the whole process.Response from Louis VelaJune 10, 2022It was so nice of you to leave such positive feedback of Louis Vela, Bonnie. Here at Chase we stride for excellence, so we are pleased to hear we met your expectations! We appreciate customers like you!
Sincerely, Chase - Rating 5.0May 26, 2022Louis did an amazing job getting our loan dialed in a timely fashion. He made the loan process as smooth as possible from cradle to grave. He's very thorough and he explains every step along the way. He communicates very well and he is extremely knowledgeable. He sets the right expectations and from application to closing we were done in 3 weeks. I was overwhelmed with Joy how smooth everything went. I would recommend Louis to my family and friends, he's a must if you are looking to purchase or refinanceResponse from Louis VelaMay 26, 2022Ryan, your review made us smile! We are delighted Louis Vela provided an exceptional experience. We hope we get a chance to work with you again in the future.
Sincerely, Chase - Rating 5.0May 6, 2022Louis is so beyond helpful and available when we needed him. In this stressful and fast-paced market, working with Louis was the easiest part of buying our home. I have already recommended him to everyone I know that's looking into buying a home and so should you. He was very approachable and personable when talking to him. I will hopefully be able to use him again next time I buy a home.Response from Louis VelaMay 9, 2022Ryan, we can't thank you enough for your positive review. Purchasing a home can be stressful. We're glad to hear that Louis Vela made the process so smooth for you. Working with you was truly our pleasure.
Sincerely, Chase - Rating 5.0May 2, 2022The best home lending Advisor I’ve worked with! Explained Everything in detail and was always there answering my texts and phone calls with questions I had. I highly recommend him!!Response from Louis VelaMay 4, 2022Your review of Louis Vela made us smile, Luis. Every customer has different needs and each situation is unique. It is important for us to stay as flexible as possible - glad we could do that for you. Reviews like yours help our business grow!
Sincerely, Chase - Rating 5.0February 14, 2022Louis Vela is great to work with. Helps to make a great experience and is easy to work with. Thank you for all your help.Response from Louis VelaFebruary 16, 2022It makes us so happy to hear about your positive experience, Frank. We are thrilled Lou Vela was able to help you. If you need assistance in the future, please reach out!
Sincerely, Chase - Rating 5.0May 14, 2020Everyone handling my loan was so very helpful, no matter how many questions and calls I made. Thank you
What Chase offers
Frequently Asked Questions
Buying a home is a huge step, especially when you’re moving from renting to owning.
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!”
• 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
The annual percentage rate (APR), is the cost of credit over the term of the loan expressed as an annual rate. The APR shown here is based on the interest rate, any points, and mortgage insurance for FHA loans. It does not take into account the processing fee or any other loan specific finance charges you may be required topay. Rates are estimated by state and actual rates may vary.
Purchase Rates: Rates displayed in the table include approximately 1 point and are based on the following assumptions: conforming 30 year fixed, 15 year fixed, 7/6 ARM and 5/6 ARM based on a loan amount of $300,000 to $349,999 with a down payment of 20%. 30 year fixed FHA based on a loan amount of $200,000 to $249,999 with a down payment of 3.5%. 30 year fixed Jumbo based on a loan amount of $1,000,000 to $1,049,999 with a down payment of 30%. All loans assume a single family residence, purchase loan, mortgage rate lock period of 30 days and customer profile with excellent credit.See estimated monthly payments
Refinance Rates: Rates displayed in the table include approximately 1 point and are based on the following assumptions: conforming 30 year fixed, 15 year fixed, 7/6 ARM and 5/6 ARM based on a loan amount of $300,000 to $349,999 with a loan-to-value of 75%. 30 year Jumbo based on a loan amount of $1,000,000 to $1,049,999 with a loan-to-value of 70%. All loans assume a single family residence, refinance loan, mortgage rate lock period of 45 days in all states except NY which has a rate lock period of 60 days and customer profile with excellent credit. See estimated monthly payments
About Chase Home Lending
1. The NMLS ID is a unique identification number that is issued by the Nationwide Mortgage Licensing System and Registry (NMLS) to each Mortgage Loan Originator (MLO) 2. The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown here is based on the interest rate, any points, and mortgage insurance for FHA loans. It does not take into account the processing fee or any other loan-specific finance charges you may be required to pay. Rates are estimated by state and actual rates may vary. Rate, points and APR may be adjusted based on several factors, including, but not limited to, state of property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value and your credit score. Your final rate and points may be higher or lower than those quoted based on information relating to these factors, which may be determined after you apply. Tools and calculators are provided as a courtesy to help you estimate your mortgage needs. Results shown are estimates only. Speak with a Chase Home Lending Advisor for more specific information. Message and data rates may apply from your service provider. FHA loans require an up-front mortgage insurance premium (UFMIP), which may be financed, or paid at closing, and monthly premiums will apply. For the Adjustable-Rate Mortgage (ARM) product, interest is fixed for a set period of time, and adjusts periodically thereafter. At the end of the fixed-rate period, the interest and payments may increase according to future index rates. The APR may increase after the loan closes. 3. This Homebuyer assistance finder (Tool) is provided by Workforce Resource, LLC, and is not affiliated with JPMorgan Chase, N.A. (Chase). The Tool is provided as a courtesy for the purpose of finding available grants in your area. Chase does not guarantee the search results. Program availability and eligibility criteria are subject to change without notice. Neither the accuracy of program information nor the suitability of a program for your situation are guaranteed. The search results displayed should not be considered an exhaustive list of grants that may be available for you. Speak with a Chase Home Lending Advisor for more specific information or to learn about additional programs. 4. The Chase Homebuyer Grant is available on primary residence purchases only. Customer may be eligible for the $2,500 or $5,000 savings when applying for a DreaMaker℠, Standard Agency, FHA and VA home purchase mortgage loan product and where applicable census tract requirements are met. Income limits and homebuyer education apply on a DreaMaker mortgage. The Chase Homebuyer Grant funds will be applied at purchase loan closing first to points on the loan, if any, then to Chase fees, then to non-Chase fees or down payment. Grant funds may not be used for the down payment on an FHA purchase loan. The Homebuyer Grant may be considered miscellaneous income and may be reportable on Form 1099-MISC (Miscellaneous Information) or Form 1042-S (Foreign Person’s U.S. Source Income Subject to Withholding) to the customer and the IRS, for the year in which they are awarded. We encourage customers to consult with a personal tax advisor for questions about the impact to personal income tax returns. 5. The Chase VA Loan Purchase Closing Cost Benefit will be applied at closing first to points on the loan, if any, then to Chase fees, then to non-Chase fees. Closing cost benefit may not be used for the down payment and any remaining funds will be applied as a principal reduction. The benefit is available only on primary residence purchase loans and is not available for any refinance loans. The Chase VA Loan Purchase Closing Cost Benefit may be considered miscellaneous income and may be reportable on Form 1099-MISC (Miscellaneous Information) or Form 1042-S (Foreign Person's U.S. Source Income Subject to Withholding) to the customer and the IRS, for the year in which they are awarded. We encourage customers to consult with a personal tax advisor for questions about the impact to personal income tax returns. Ð'd6. Property search is provided by HouseCanary, Inc. (HouseCanary), a licensed real estate brokerage. HouseCanary, powered by ComeHome, is not affiliated with JPMorgan Chase, N.A. (Chase). ComeHome is provided to you as a courtesy. Chase is not responsible for the real estate services and the search results provided by ComeHome. Restrictions and limitations apply to the access of Chase MyHome. All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. Home lending products offered by JPMorgan Chase Bank, N.A. Member FDIC
Sincerely, Chase