Josh: Lamps recommended Swans
McEachran, 18, is in line to make his Swans debut on Saturday as Brendan Rodgers' side make the long trip north to Sunderland, looking to build on an unbeaten run that stretches to five games following Sunday's magnificent 3-2 victory over Arsenal.
Rodgers had long made clear his intent to bring the England Under-21 international in until the end of the season, with the player opting for the move to south Wales over the likes of Aston Villa and Wigan as he looks to gain more first team experience having been under-used by Andre Villas-Boas.
And he revealed how Lampard, who himself had a spell on loan with Swansea in 1995, playing nine games and scoring a solitary goal, had told him nothing but good things about the club.
"I spoke to Frank (Lampard) a few times before I came down here, and he told me I would love it. He said it is a really nice place with great fans," he said.
"I watch Frank in training every day, he always talks to me and that. I aspire to be a player like him.
"I had a few options, but I thought Swansea would be the best club for me with their style of play. There were a few other clubs - Aston Villa had a big interest, I think Bolton were there and Wigan."
McEachran had also worked previously with Rodgers when the Northern Irishman was involved in the youth set-up at Stamford Bridge under Jose Mourinho, becoming friends with the manager's son, Anton.
And the Swans' renowned passing style, which has been brought sharply into focus by their win over the Gunners, was also an attraction, with McEachran comparing the Premier League side to European champions Barcelona.
"I knew last week that I was definitely going to come to Swansea," he said.
"I know Brendan and the style of football Swansea play, so I am really excited to be here.
"I watched the Arsenal game, and their passing - the way they play football - it is just like watching Barcelona, really.
"The style of football Swansea play means it could really good or it could go terrible, but Brendan has stuck by it and everything, and they have done really well. I can't wait to play now.
"There is a lot of competition down here, and I just want to be part of that and train well. There are no guarantees, and I just need to work for my place.
"I wasn't getting the game time at Chelsea, so I thought I needed to get games and try to prove myself to everyone, so this will help me.
"Chelsea are one of the best teams in the world, so it means I need to be patient and wait for my time."
Rodgers, who is set to open talks over an extension to his contract, had promised that his side would keep their feet on the ground after claiming their first major top-flight scalp of the season against the Gunners.
And with the Swans set to face a tough test against a Black Cats side who have been rejuvenated under Martin O'Neill, Rodgers is confident of another strong display after admiring the standard of training this week.
"As a manager, you want to have as many good players as you possibly can to keep the level of training high and keep the competition high," he said.
"It is about making sure our squad is strong, and I feel as each week goes by it is getting stronger.
"The level and the quality of training on Thursday was so high. These are players that are training on an Astroturf pitch, these are players that don't have the luxurious pitches and state-of-the-art training facilities.
"Yet they can go out week in, week out, and produce the level of performances they do. That is what makes it even more admirable."