Countrywide Home Loans in Connecticut
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Connecticut Quick Facts
Connecticut has a long and interesting history. First explored by the Dutch, it was one of the original 13 U.S. colonies. It was the fifth state admitted to the union in 1788.
As with most early colonies, its economy was based on agriculture and trade. But, as a smaller state, its area for farming was limited and it began an era of manufacturing. Today, Connecticut continues to have a strong manufacturing base. It is well known for production of nuclear submarines, as well as jet engines and helicopters.
Connecticut's most well known corporate industry is insurance. The city of Hartford is often referred to as the insurance capital of the world. The Hartford Insurance Company began operating there in 1810. More than 100 insurance companies are based in the state.
Tourism also is a major contributor to the economy. The state is filled with scenic beauty, colonial villages with historic homes, golf courses, beaches and other attractions.
One of the country's most well known universities, Yale, is in Connecticut. It also is one of the largest employers in the state and has contributed to a growing biotechnology industry.
Connecticut Refinance and Equity Loans
Are you researching mortgage refinance or equity loans for your Connecticut home? There are many reasons people consider a new home loan. Before you make a decision on a loan, it's a good idea to set your financial goals.
Do you want to lower your monthly payment or reduce your interest rate?1 Or a cash-out refi to consolidate higher interest rate debt?3 Do you want to use your home's available equity to make need repairs or improvements?
These are all popular reasons for a new loan.
Countrywide Loans in Connecticut
Countrywide offers a variety of loans for Connecticut homeowners to help them achieve their financial goals. Our loan experts know your community. And, they are skilled at helping homeowners like you find the best available loan that meets your goals. You can use our interactive tools to get started. Or, call a Countrywide home loan expert today at 1-800-224-4207.
Cities of Connecticut 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.
Information gathered from state of Connecticut Web site.
