Chase Home Finance Teams with Safety Experts to Offer Incentive

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Chase Home Finance Teams with Safety Experts to Offer Incentive-

Based Loan Programs

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RISMEDIA, Feb. 3 — Chase Home Finance announced a new builders'

incentive program as part of an alliance with No Burn of California

to promote preventative safety in the home. Chase Home Finance, the

home finance arm of JP Chase & Co., has extended a loan rate

and discount reduction plan to the state's commercial and custom

homebuilders that use No Burn of California's fire and mold

retardant as part of new home construction.

No Burn of California, based in Rowland Heights, offers fire and

mold retardants that deprive wood from igniting and keep mold from

getting the food it needs to grow. The company has a line of

products that can be sprayed onto the wood during the framing phase

of new construction or renovation. There also are products that may

be applied to drywall or other surfaces that can accept paint.

No Burn of California's mold products are warranted for ten years in

keeping with homebuilders' warranty programs. The company carries

the only known complete line of non-toxic, non-carcinogenic

technology that protects against fire and mold in one product.

In this bold effort on behalf of consumer safety and to broaden

Chase's commercial and custom homebuilder base, Lilly McBee of Chase

Home Finance, the originator of the program, expects this to be a

win-win situation for all.

" The added incentive for home builders and homebuyers to use a

product that could save millions in loan costs and has the potential

to save many lives, makes good sense, " said McBee. " I believe this

is just the beginning of how Chase, working together with No Burn of

California, can enhance this industry and entire communities. "

No Burn of California CEO Bob Heinrich, who previously was CEO of

the International Code Council and International Conference of

Building Officials -- the companies that develop and write model-

building, fire, residential and plumbing codes that all U.S.

construction must adhere to -- expects the time is coming when using

these types of products on new homes will be a standard building

requirement much like the smoke detector has become. The first

builders to use them will be recognized as pioneers in making

California homes fire- and mold-safe by using preventative means.

" It's time for people to change their focus from how to handle a

fire after it's started, to protecting the home from igniting to

begin with, " said Heinrich. " Once a house is doused with water, you

may then have to contend with the possibility of mold damage, which

to get rid of can carry a huge expense and present a lot of

problems. "

While a variety of fire and mold resistant products have been on the

market for some time, No Burn of California's line is believed to be

the only non-toxic, non-carcinogenic retardant known and was even

developed using food grade ingredients. Plus, it is so effective,

you can take a torch to a paper towel sprayed with No Burn of

California products and it will not ignite.

Heinrich says that homeowners whose homes are protected with fire

and mold retardants most likely will qualify for future insurance

discounts, which in some states, is already being offered.

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