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Delaware Quick Facts
Delaware – America’s Corporate Home
Delaware holds a unique place in America as the corporate home to 61 percent of the Fortune 500 companies and half of all U.S. firms traded on the New York Stock Exchange and NASDAQ. This small state plays a very big role in business as the legal home to almost one million businesses.
Delaware has one of the few Courts of Chancery in the U.S. This 200-year old business court has written much of modern U.S. corporate case law. The state’s general corporation law also gives companies wide latitude in managing their organizations. These factors, along with Delaware’s complete package of incorporation services, have made it a most business friendly state.
The Delaware Division of Corporations also is a revenue generator for the state. Incorporations revenue in 2007 made up 22 percent of the state’s general fund. Other contributors to the economy include agriculture, fishing, manufacturing, mining and tourism.
Other interesting facts about Delaware:
- It was named after Thomas West, Third Baron De La Warr.
- It is 96 miles long and ranges from 9 to 35 miles wide.
- During the Civil War, although it was a slave state, it stayed in the Union.
Lower Your Mortgage Payment in Delaware
Do you want to lower the mortgage payment on your Delaware home? Do you want to reduce your interest rate? A mortgage refinance loan may be able to help you achieve your goal.1
Depending on your particular situation, you may be able achieve those goals or others, such as using a cash-out refinance loan to pay off high interest debt.2 Or, using extra cash from a home equity loan or equity line of credit to make home repairs or improvements. Research the types of loans for your needs.
Countrywide Loans in Delaware
Countrywide offers a range of refinance and equity loans and lines of credit in Delaware. Our loan experts can help match you with the loan to help you achieve your financial goals. Plus, they know your community. Our interactive tools can get you started, or call a Countrywide loan expert today at 1-800-224-4207.
Cities of Delaware 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. 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 Delaware Web site and Secretary of State’s Web site.

