Countrywide Home Loans in Iowa
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Iowa Quick Facts
Iowa - The Hawkeye State
Iowa was originally part of the Louisiana Purchase, the land that the U.S. bought from France in 1803. The area was not open for settlement until the 1830s. Enough people moved into the area that by 1846 Iowa was accepted as the 29th U.S. state.
Iowa's fertile soil was perfect for farming and agriculture has been a vital element in its economy. About 89 percent of the land in the state is in farms. The cash receipts for farm products are the third highest in the country. Iowa is first is pork, corn and egg production. It is second in soybean and red meat.
In addition to traditional farming, there are 400 certified organic farms in the state with about 100,000 acres of farmland. The state also has 180 farmers' markets.
Although agriculture is the mainstay of its economy, Iowa also as a growing industrial sector. It produces machinery, electric equipment, chemical products and ethanol.
Iowa has a strong commitment to quality education. The graduation rate for high school seniors is among the highest in the country at 88.9 percent.
Iowa Home Equity and Refinance Loans
Are you thinking about refinancing your Iowa home mortgage loan? People have many different reasons for refinancing. The most common are to:
- Lower the interest rate
- Lower the monthly payment1
- Consolidate debt with a cash-out refinance loan2
- Make home improvements or repairs with a cash-out refi
Your financial goals may help you decide which loan is best for you. You can choose from a refinance loan, a home equity loan or a home equity line of credit.1
Countrywide Loans in Iowa
Countrywide offers loan options for Iowa homeowners. Our loan experts know how to help homeowners find the loan that will best match their needs. Countrywide also knows your community. Our interactive tools are an easy way to get started. Or, call a Countrywide home loan expert today at 1-800-224-4207.
Cities of Iowa 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.
3. 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.
Information gathered from state of Iowa Web site and links, and Iowa Dept. of Economic Development/Travel Iowa Web site.

