Countrywide Home Loans in Colorado
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Colorado Quick Facts
Colorado - The Centennial State
The U.S. acquired most of what is now eastern Colorado through the Louisiana Purchase in 1803. The remainder of the state was given to the U.S. by Mexico through the Treaty of Hidalgo in 1848. The first permanent European settles in the area were founded in 1851 in San Luis.
Colorado was part of the Nebraska, Utah, Kansas and New Mexico Territories before an early territorial government was formed in 1859. That was after the discovery of gold in Rocky Mountains in July 1858 in an area that is now a suburb of Denver. About 50,000 people came to the area in search of gold.
The Territory of Colorado was created by Congress in 1861. The Spanish called the area Colorado because of its red-colored earth, and the name was chosen for the territory and later when it became a state in 1876.
Because it received its statehood 100 years after the Declaration of Independence, Colorado earned the nickname "The Centennial State"¯
Denver remains Colorado's largest city today, and its capital. It is known as the "mile-high city” because of its elevation. In fact, Colorado is the only U.S. state that is completely above 1,000 meters (or 3,281 feet) in elevation. It has more than 500 mountain peaks higher than 13,100 feet.
Colorado Refinance and Home Equity Information
If you are a Colorado homeowner, you may be thinking about refinancing your home mortgage loan.1 There are options available to you for both refinancing and home equity loans. The loan you select will depend on your particular needs. Perhaps you want a cash-out refi to consolidate higher interest rate debt.3 Or maybe you want to lower your monthly payment or interest rate. A refinance loan could be your top choice.2 Whatever you are looking for, explore your choices carefully.
Countrywide Loan Options in Colorado
Countrywide has a range of loan options for Colorado homeowners looking to refinance. Our loan experts know your community. They also are experienced at matching homeowners with the best available loans that meet their needs. You can get started today with our interactive tools, or call a Countrywide loan expert today at 1-800-224-4207.
Cities of Colorado by Population
1. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and/or the total amount paid when compared to your current situation.
2. Affects pricing. With the refinance loan, borrowers may 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.
3. The relative benefits of a consolidation loan may vary over time and will depend on individual circumstances. The longer the property and loan at a new lower rate and term is kept, the more interest savings can be realized when compared to your current situation. The repayment period of a mortgage loan can generally be shortened when additional funds above scheduled monthly mortgage payments are consistently paid and applied to reduce the loan balance.

