Get approved more easily for full financing and no down payment.
Would you like to learn more about the My Community100 and your other loan options? It takes just 30 seconds. Get started now!
Call 800-320-3765 x312 or fill out this form.
Get approved for complete financing on a new home
- Worldwide Financial Resources offers more aggressive approvals for home buyers who earn a lower level of income.
- The My Community100 loan is more affordable than other 100 percent financing loans and you pay less private mortgage insurance (PMI).
- Interest-only payment options are also available, making this loan even more affordable.
Little or no down payment is required with cheaper private mortgage insurance (PMI)
- The Community100 loan doesn't require you to have a down payment for a new home. You can get financing for your new home's entire purchase price.
- The seller may make up to six percent concessions to pay all your closing costs. This means you could buy a home and pay nothing out-of-pocket!
Consolidate your first and second mortgages into one
- If you're refinancing, get rid of that adjustable rate on your home equity loan and refinance your first and second mortgages into one loan.
- The MyCommunity100 gives you a fixed rate and you only have to make one payment instead of two.
How the Community100 loan works
- The MyCommunity100 loan is a traditional 30-year fixed rate mortgage. Your rate and payment are fixed for the life of the loan.
- You can lower your mortgage payment by making interest-only payments. You can pay only the interest for the first 10 years of the loan or interest plus as much principal as you wish. After 10 years, the full monthly principal and interest payment is due.
No pre-payment penalties
- Worldwide Financial Resources always allows you to pay more than the required monthly principal and interest payment to pay off your loan earlier.
- 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!
Who it's for
- Lower income families, college students, or young families just starting out.
- First-time home buyers who can't afford a down payment.
- People who reside in a hurricane-impacted community, a Fannie Neighbors area, or in a community that is underserved by lenders.
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
|
