Are Countrywide Home Loans the Right Choice for You?
Countrywide Home Loans is a home mortgage lender that originates loans countrywide. The company has offices nationwide and offers lending services for mainly single-family residential homes, but also offers lending services for multi-family residences (commercial property).
Countrywide Home Loans
is a subsidiary of Countrywide Financial Corp, the largest independent residential mortgage lending company in the United States. Countrywide Financial Corp, formerly Countrywide Credit Industries was started in 1969 and was formed as a "country wide" lender.
Countrywide Home Loans
offers many innovative lending programs for both first-time home buyers as well as existing home owners.
Countrywide home loans have several home loan options to choose from. These can be for a home, vacation home or investment properties. They include:
* Loans up to $2 million
* Fixed or adjustable rate loans
* Financing for single family residences
* Financing for one to four unit properties with Countrywide Home Loans
However, as with any lending institution, including Countrywide Home Loans, it's important to compare interest rates. Also compare lock periods, which means how long the lender is willing to lock you into a specified rate. Some lenders offer 30-day locks, while others offer as long as 90 days. That allows you to have plenty of time to either find a home (if you are in the process of buying) or go through the refinance process (if you are refinancing).
Below is a direct link to Countrywide Home Loans website, along with some great resources that will help you in the mortgage financing process. You can read several helpful articles about home loans our use their interactive home loan advisor for help on what kind of loan is best for you and your family.
In addition to the link to Countrywide Home Loans, be sure to check out our pages entitled: What is a Home Equity Loan
?? Home Mortgage Loan
, Home Equity Loan Rates
, Home Improvement Loans
, and Home Loan Calculator
elsewhere on this site.