Countrywide Home Loan Financing
Get a customized mortgage quote for a property in your area. Local representatives are on hand to help you with new home loans, refinancing,
equity loans and more.
Custom Mortgage Quotes in Your Area
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Our mission is to provide house-shoppers and homeowners with a useful resource for making the home-buying
process a little easier. With so many types of home loans and so many varying options available, consumers need a place they
can go for quick, helpful information. Whether you're a veteran homeowner or a first-time buyer, take some of the headache out
of home buying by using some of our free services countrywide.
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Frequently Asked Question
What are points? Answer:
Points are a dollar amount paid to a lender for making a loan. A point is one percent of the loan amount. When getting a mortgage loan, a borrower generally has the option to "buy" one or more points, in order to bring his interest rate down. Normally for each point "bought," the interest rate is reduced by one-fourth of a percentage point. Home Buying Vocabulary
FHA MortgagesThe Federal Housing administration a government agency created in 1934 provides insurance on some types of home loans.The buyer pays a one-time fee of 3.8% of the loan amount for the mortgage insurance premium at closing time.
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FHA Mortgages