Countrywide Home Loans in Alaska
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Alaska Quick Facts
Alaska – The Last Frontier
Alaska is one of only two U.S. states not bordered by another state. The size of the state is sometimes hard to grasp. It is larger than the next three largest states combined: California, Texas and Montana. And, it has more coastline than all the other U.S. states combined. Its capital city, Juneau, is the only U.S. state capital that can be reached only by water.
In 1867, U.S. Secretary of State William H. Seward arranged to purchase Alaska from Russia for $7.2 million, or 2 cents an acre. Many Americans thought this was a foolish decision and called it “Seward’s Folly.”
With the discovery of gold in Canada’s Yukon Territory in 1897, people flocked to the area, heading to the gold fields through Alaska. It also was the launch of the area’s commercial salmon fishing industry. Yet, Alaska didn’t receive true territorial status until 1912. Statehood didn’t come until 1959.
Today, the main contributors to Alaska’s economy include oil drilling, seafood and tourism.
Alaska Refinance and Home Equity Loans
As an Alaskan homeowner, you may want to find out more about refinance and home equity loans or home equity lines of credit.
Refinance loan choices include:
- A cash-out refinance loan that gives you extra money to consolidate bills1 or pay for home repairs
- A no closing cost refinance option to help hold down your out-of-pocket expenses for a new loan at closing.2
Equity loans or equity line of credit are another option if you have equity in your home.
Your particular financial needs and goals will help you decide which loan is best for you.
Countrywide Loans in Alaska
Countrywide has a range of refinance and equity loans available for Alaska homeowners. Our loan experts are experienced in helping homeowners find the loan that best meets their particular needs. And, they know your community. Countrywide’s interactive tools can help get you started. Or, call one of our loan experts today at 1-800-224-4207.
Cities of Alaska by Population
2. Affects pricing. With the No Closing Cost Refi Option, borrowers finance the closing costs instead of paying for them at closing. Borrowers who pay closing costs at closing may qualify for a lower interest rate. Some upfront fees (ex. credit report and appraisal) may apply and may be credited at closing. Call for details.
Information gathered from: State of Alaska Web site, Alaska Dept. of Commerce Web site, and Alaska Historical Society Web site.

