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Loan
Programs that we offer.
The following is a partial list of programs offered
by Mortgage World Inc., Inc. with a brief description of the key elements.
- CONVENTIONAL: Programs available for
the borrower who needs 95% financing. 97% loans are available under
specific limits.
- COMMERCIAL: programs available for owners
of commercial properties.
- 100% RATE OR TERM RE-FINANCING: For
the customer wanting to obtain a lower interest rate. Loans are
based on a maximum of 90% of appraised value.
- SECOND HOME: A program for the homebuyer
wishing to purchase a vacation home. This purchase can be financed
up to 90% depending on the loan amount.
- INVESTOR/RENTAL PROPERTY: Buyers who
are looking to generate rental income by purchasing these types
of properties. Multiple property ownership is allowed under certain
programs. Financing up to 90% is available.
- NO INCOME VERIFICATION: This offers
the self employed borrower or special borrower who wish not to provide
tax returns, P&L's, or pay stubs to finance 80% on a refinance
or 90% on a purchase.
- BALLOON/ARM'S: These programs are intended
for the homebuyer who feels they will only occupy the property for
a short period of time.
- NON-CONFORMING: For customers with bruised
credit or debt ratios up to 50%. Loans with LTV's of 90% and over
$500,000 are available.
We work to get you the best loan possible.
Our qualification process is simple and fast!
Fill out our easy online
loan application!
"...great
service!" K. Parks - Morton Ins. Agency "
"...everything explained in detail, trustworthy" C. Davis,
Age 71
"...I had slow credit and got a 6.25% fixed rate" F. Chumbley
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Corporate
Office
8600 Preston Hwy, Ste. 100
Louisville, KY 40219
Phone: (502) 479-5600
Fax: (502) 479-5622
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© 2002 Mortgage World Inc.
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