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Consumer Banking

Chase Prepares Homeowners for Potential Natural Disasters

Chase Donates Mortgage-Free Home to Houston Family after Hurricane Harvey

NEW YORK, NY Aug 21, 2018 As we approach the one-year anniversary of Hurricanes Harvey and Irma’s devastation on the Gulf coast, Chase Home Lending is providing homeowners with proactive tips to prepare for a season of potential hurricanes, tornadoes and wildfires.

Natural disasters cost hundreds of billions of dollars in property loss and damages, and have an overwhelming impact on the lives of those affected. Hurricanes Harvey and Irma hit several Gulf States, causing historic flooding in Houston. Similarly, it was the worst year on record for wildfires on the West Coast, displacing thousands of families.

“As we reflect on the storms that hit Texas and Florida last year, Chase continues to be a part of the Houston Strong community to help with the recovery,” said Peter Muriungi, Head of Servicing at Chase Home Lending. “Relief is available and we’re here to help with options.”

In partnership with Houston Area Urban Community Development Corporation (HAUCDC), Chase donated a mortgage-free, fully renovated home to the Avant family who lost their home in Hurricane Harvey. In addition, area-businessman and philanthropist Jim “Mattress Mack” McIngvale generously surprised the family with nearly $14,000 in furniture and accessories from Gallery Furniture to help the Avant family transition into their new home. This home donation mirrors thousands of homes Chase has worked with nonprofits to donate to deserving families and veterans over the last ten years.

Last year, Chase committed to keeping Houston strong by providing over $33 million in immediate relief, worked with customers on more than $1.2 billion in loans and mortgages in the greater Houston area and offered 136,000 homeowners at least a 90-day special protection period on payments to help them get back on their feet. Approximately 450,000 customers were affected in total.

If you or a loved one has been impacted by a disaster, please call the Chase Special Care Line to discuss your Chase mortgage 888-356-0023 or visit our webpage on disaster relief.

Media Contact

Keosha Burns, Keosha.Burns@chase.com

Keosha Burns, Keosha.Burns@chase.com