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NEW WORLD MORTGAGE INC

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New World Mortgage Inc: Profile

Founded in 1998, New World Mortgage is a mortgage lender based in Charlotte, North Carolina. New World Mortgage specializes in both online and sub prime lending. In 2003, New World Mortgage closed more mortgage loans than any other area mortgage broker in the Charlotte metropolitan area.

A sample of New World Mortgage programs includes:

  • 1-, 3-, 5-, 7- & 10-Year Conventional and Jumbo Adjustable Rate Mortgages (ARMs)
  • 10-, 15-, 20-, 25- & 30-Year Fixed Conventional and Jumbo Loans
  • 100% and 103% Financing with No Mortgage Insurance
  • 90% & 95% No Documentation Loans
  • 90% Loan-to-Value (LTV) Investment Programs.
  • 97% Financing / 3% Down Payment Programs
  • High Debt-to-Income (DTI) Ratio and No-Ratio Programs
  • Piggyback Interest Only Second Mortgages to 100% of Home Value
  • Reduced Documentation and No Income/No Asset Programs
  • Tandem Loans: 80/15/5; 80/10/10; 75/20/5 & 80/20 with no Mortgage Insurance

New World Mortgage Inc: Notable

New World Mortgage Inc is a HUD-approved lender (US Department of Housing and Urban Development).

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  • Mortgage Refinance
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  • Debt Consolidation
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  • Multi-family
  • Condominium
  • Manufactured/mobile
 
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