Types Of Loans

New Purchase

Pursuing the "American Dream" will ultimately lead you to one of the most exciting and significant events of your life, owning your own home. Besides achieving your goal, purchasing a new home has many added benefits including tax deductions and the convenience of home equity lines of credit.

Allow our highly trained professional loan consultants to help during this sometimes confusing course.
At Worldwide Capital Mortgage we will assess your individual needs, determine the right loan options to you, and thoroughly explain all aspects of the loan process including rate and term. Let us help make your decision that much easier.Worldwide Capital Mortgage takes care of ensuring that your loan is a top priority.  Our unique
Pre-Qualification program is a guarantee to you that you have a serious and complete loan approval in your hand before you begin shopping for your dream home. You can begin shopping with confidence because you know up front what house payment you can qualify for, and the price range of homes that will be appropriate for you. As always, there are never any surprises, no hidden fees nor disappointments.

Do you currently have a Home Equity Loan with a high interest rate? Switch your loan to the much lower rates Worldwide Capital Mortgage offers. Just complete and submit your Home Equity Loan online application (click here). Upon approval of your loan, you can use your loan proceeds to pay off your existing home equity loan and enjoy our lower rates. You’ll save money and it's quick and easy to do.

At Worldwide Capital Mortgage, you can borrow up to 125% of the equity in your home. For example: If your home has a current market value of $300,000 and an outstanding mortgage balance of $180,000, you have $195,000 in available equity. That’s the amount you can borrow. $300,000 x 125%= $375,000 less first mortgage balance of 180,000 leaves $195,000 in borrowing power.

Here are some of the reasons Worldwide Capital Mortgage Home Equity Loan clients have decided to take advantage of our low rates:

- Debt consolidation (paying off higher interest credit cards and other debt)
- Medical expenses
- Education expenses
- Home improvements (renovations and repairs)
- Major purchases (cars, boats and home appliances)
- Vacation and family expenses

Debt Consolidation/Poor Credit

Sometimes bills can get to be overwhelming. By the time one is finished being paid off, there is another one waiting for you in the mailbox. But why should your credit have to suffer from you trying to keep your head above water? You don’t have to anymore. You are not alone.

If you have less-than-perfect credit we can put debt consolidation, home improvements, a new home, or even a family vacation at your finger tips - fast!

We’re people just like you and understand that your intentions are good, but sometimes finances can get out of hand. It can happen to any of us. That’s why Worldwide Capital Mortgage is here to help you rebuild your credit and your future.

Worldwide Capital Mortgage has first and second mortgage programs to fit your needs. We get homeowners, just like you, the cash they need even when their credit history is less-than-perfect.

Discover how to use the equity in your home to:

- Consolidate your debt into one easy, lower monthly payment
- Make home improvements -- add on a room, remodel
- Save for your retirement or your children’s future
- Take a long overdue trip for two -- somewhere exotic
- Get cash for any reason
- Pay back debit and credit card balances

Refinance

Refinancing can accomplish a variety of goals, but for some the most basic of reasons are to save money by getting a lower interest rate or to save money by using a tax-deductible loan (the refinance) to pay off non-tax-deductible debt.

People most commonly use a refinance loan to:

- Convert a high interest rate mortgage into a lower interest rate
- Lower their cost of debt by converting non-tax-deductible debt, such as credit cards or car loans, to tax--   deductible mortgage debt
- Convert an adjustable rate mortgage into a fixed rate
- To reduce the term of their mortgage

Consolidate a first and second mortgage into one lower-rate mortgage
Provide instant cash for family needs and expenses (tuition, medical expenses, etc.)

* The articles and materials on this Web site are for general information only and are not intended to provide specific advice or recommendations for any individual. The information on our site is intended to be accurate. However, your individual credit rating may vary, dependent on your credit history.

Accomplishing your goals can be simple and unnerving when you have Worldwide Capital Mortgage looking over your shoulder. But if you have any additional questions and concerns, you can call us at (866) EZFUNDZ or send us an email.