Home Equity Lines of Credit

Improving Your Home's Value

For many of us, our home in Long Island is our largest asset. It pays to maintain and improve its value. If your home value increases, so does your home equity. In addition to increasing your personal net worth and giving you the means to trade-up, you can borrow from your greater equity using a home equity loan or line of credit from Worldwide Capital Mortgage Corp.

What is a home equity line of credit?

A home equity line of credit is a variable-rate, revolving line of credit based on the available equity in your home and other qualifying criteria.

Features and benefits

• Get a home equity line of credit from Worldwide Capital Mortgage Corp. and pay no fees or closing costs. Bank pays all closing costs on lines up to and including $500,000. For lines above $500,000, customer pays appraisal, title, and any applicable government stamps and taxes.
• During the revolving period of your line, the money is there when you need it.
• In most cases, interest is tax deductible.
• Get increased financial predictability with our fixed-rate loan which allows you to fix the interest rate, payment and term on all or part of your variable-rate balance.

Worldwide Capital Mortgage Corp. recommends using your home's equity to get the credit you want for the things you need now and in the future.