Have questions? Connect with a home lending expert today!Topics:What to read nextA HELOC could be used for some or all of a home purchase, but it depends on the available credit limit and other factors. Learn more from Chase.Get real advice about buying a second home; whether it is an investment property, vacation home, or homes to fit your changing needs. Tips for buying another house.The monthly mortgage costs for a $250,000 house will vary depending on the interest rate, loan terms and the size of the down payment. Learn more with Chase.Counteroffers are formal responses to an offer to buy or sell a home, made by either party in a transaction. Read buyer and seller perspectives on counteroffers.123Footnote1A preapproval is based on a review of income and asset information you provide, your credit report and an automated underwriting system review. The issuance of a preapproval letter is not a loan commitment or a guarantee for loan approval. We may offer a loan commitment after you submit an application and we perform a final underwriting review, including verification of any information provided, property valuation and, if applicable, investor approval, which may result in a change to the terms of your preapproval. Preapprovals are not available on all products and may expire after 90 days. Contact a Home Lending Advisor for details., But, in retirement especially, you don’t want to take on more debt than necessary, since the cost of a mortgage is fixed, but the returns on your investments, the housing market and your health , Retiring is a great life accomplishment. Learn how to buy a retirement home and what you need to buy a home after retirement..