Get a lower rate and increase your monthly cash flow!
Best Rate & Lowest Fees, Guaranteed!
You're guaranteed to receive the lowest available market interest rates and closing costs Guaranteed! If we cannot beat a competitor's rate/fee structure, we'll pay you $600.00 in cash!
See the terms and conditions of our Best Rate / Low Fee Guarantee
See the difference an Adjustable Rate Mortgage could make for you!
30-Year Fixed vs. Adjustable Rate Payments*
|
Loan Amount
|
30-Year Fixed
Payment at
6.5%
|
ARM
Interest-only
Payment
|
Annual
Difference
|
Difference
Over 3 Years
|
|
$150,000
|
$950
|
$852
|
$1,180
|
$3,540
|
|
$200,000
|
$1,260
|
$1,120
|
$1,681
|
$5,042
|
|
$300,000
|
$1,900
|
$1,680
|
$2,641
|
$7,923
|
|
$500,000
|
$3,160
|
$2,800
|
$1,180
|
$3,540
|
This chart is informational only. Your actual payment may be different.
Lower your mortgage rate and monthly payment
- An adjustable rate mortgage (ARM) can give you a lower monthly mortgage payment than a conventional fixed-rate loan over the initial fixed-rate period.
- Combine an ARM with an interest-only option and you could lower your payments even more.
- Use your increased cash flow to pay off high-interest credit card debts, save for a rainy day, or contribute more to your 401k. The choice is yours.
We'll customize a mortgage to match your situation
- The average homeowner moves every seven to nine years, so why get a 30-year mortgage? Worldwide Financial Resources adjustable rate mortgages feature loan terms that match your lifestyle.
- Our mortgage bankers work hard to get you into the best loan for your situation.
No pre-payment penalties
Worldwide Financial Resources Loans allows you to refinance your mortgage at any time with absolutely no pre-payment penalties. In fact, Worldwide Financial Resources is the only lender in the country who offers a FREE REFINANCE PROGRAM .
If rates drop after you close you can refinance to the lower rate WITH NO CLOSING COSTS!
How the Adjustable Rate Mortgage loan works
- Your interest rate is fixed for the first three, five, or seven years.
- After the initial fixed-rate period, the interest rate could adjust every twelve months depending on the market.
- Interest rate adjustments are capped at 6 percent above your initial rate over the life of your loan and two percent per adjustment period. For example, if your initial interest rate is 4.5 percent, your rate can never adjust higher than 10.5 percent and never more than two percent a year.
- Actual mortgage payments will vary based on individual client situation and current interest rates.
- Download the Consumer Handbook on Adjustable Rate Mortgages
Who it's for
- Anyone looking to lower their interest rate and monthly mortgage payment.
- Homeowners planning on moving in the next three, five or seven years.
|
