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PERSONAL BANKING PERSONAL BANKING

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Woori America Bank (WAB) is here to help you purchase the home of your dreams!
Woori America Bank is specialized in financing applicants who are looking to purchase or refinance their primary, secondary, or investment homes.

If you have a property in mind, do not hesitate to visit the nearest Woori America Bank
branch location.

Please click on the below link for a complete list of Mortgage Loan Originators.

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ARE YOU CONSIDERING BUYING A HOME OR REFINACING?

Substitution into an appropriate home mortgage

BUY A HOME

REFINANCE YOUR HOME(CASH - OUT AVAILABLE)

Consult now for the right mortgages!

Replace your existing home mortgage loan!

You can choose fixed or adjustable rate term.

You may Lower your monthly payment.

How much will the monthly payment be?

You can convert to a fixed-rate or adjustable-rate loan.

What are the program requirements?

You can consolidate your existing debt obligations.

WOORI AMERICA BANK'S CONVENTIONAL HOME MORTGAGE LOAN PRODUCTS

HOME MORTGAGE LOAN PRODUCTS

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FIXED - RATE MORTGAGE

ADJUSTABLE - RATE MORTGAGE (ARM)

FEATURES

  • Interest rate & monthly principal and interest (P&I) payment remains the same for the life of loan.
  • Various loan-term options are available.
  • Interest rate & monthly principal and interest (P&I) payment remains the same for an initial period, then adjusts annually.
  • Interest rate cap is set to limit on how high interest rate can go.

BENEFITS

  • Fixed monthly P&I payments may help you budget easily.
  • You can secure your interest rate from rising interest rates for the life of the loan.
  • It may be suitable if you plan to stay in your home for a long time.
  • Generally the initial interest rate on an ARM is lower than on a fixed-rate mortgage.
  • It may provide you flexibility if you are planning to move or refinance again within a short period and/or who expect growth in your future income.

CONSIDERATION

  • The longer the term of your loan, the lower your monthly P&I payments will be.
  • The Shorter the term of your loan, the lower overall interest paid will be.
  • Monthly P&I payment may be lower during initial period, but then may increase or decrease as the interest rate adjusts.
  • There is no guarantee that you will be able to refinance again to lower your rate and payments.

The maximum loan amount is $2,000,000.

ADDITIONAL HOME MORTGAGE PROGRAM

MORTGAGE PROGRAM

FIRST TIME BUYER

AFFORDABLE HOUSING

FOREIGN NATIONAL HOME MORTGAGE

Loan amount up to $500,000

Loan amount up to $300,000

Loan amount up to $2,000,000

phone iconFor more information, please visit your local branches or customer service 1-888-MyWoori(699-6674)