Countrywide Home Loans in Maryland
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Maryland Quick Facts
Maryland – A Star-Spangled State
Maryland’s first settlers arrived in 1634. They had been sent by Lord Baltimore, namesake of the state’s largest city. He was granted a charter for the “Maryland Colony” by King Charles I. The colony was named in honor of his wife, Henrietta Maria.
Maryland was one of the original 13 colonies that revolted against the British in the Revolutionary War. It was the seventh state admitted to the Union in 1788. In 1790, Maryland gave a portion of its land to the federal government to create Washington, D.C.
Another war along the shores of Maryland led to the U.S. national anthem. During the War of 1812, the British invaded the Chesapeake Bay region in the summer of 1814. Francis Scott Key witnessed the British attack on Fort McHenry, which was protecting Baltimore. It led him to write “The Star Spangled Banner.”
Today, Maryland has a thriving economy. In fact, the state of Maryland has the highest median household income in the nation at $65,144 annually. Economic growth is fueled by a number of sectors including information technology, telecommunications, aerospace and defense, biotechnology, agriculture and fishing.
Home Equity Loans and Refinancing in Maryland
If you are a Maryland homeowner, you may have some financial needs that can be addressed by exploring your home mortgage options. Maybe your historical home needs repairs or improvements but you don’t have the cash available. Or perhaps you have substantial equity in your home and you want to get a cash-out refinance loan to consolidate higher-interest debt.1 Maybe you simply want to lower your monthly payment or your interest rate.2
Whatever your financial goals, a refinance loan, home equity loan or home equity line of credit may be an option for you.
Countrywide Loan Options in Maryland
Countrywide has loan options for Maryland homeowners. Our loan experts are skilled at matching homeowners with the loan that best meets their needs. And, we are in your community. We can work with you to help you explore your home loan options. You can get started today with our interactive tools. Or, call a Countrywide home loan expert today at 1-800-224-4207.
Cities of Maryland by Population
1. 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.
2. 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.
Information for this page from the U.S Census Bureau (highest median income), Maryland visitor’s Web site, visitmaryland.org, and state of Maryland Web site.

