Countrywide Home Loans in Nevada
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Nevada Quick Facts
Nevada - The Silver State
Nevada is the seventh largest state in the country. Yet most of its population is concentrated in the Las Vegas and Reno metropolitan areas. In fact, the Federal government controls 87% of the state, and large portions of the state are uninhabited.
Mining, particularly silver, was a driving force in the state's economy in its early years. Gambling also was common. It was outlawed in the early 1900s as part of a national effort to end gaming. The state made it legal again in 1931 to help jump-start its economy. It is the state's main source of revenue today.
During the Cold War era following World War II, the U.S. government began testing nuclear weapons in the desert outside Las Vegas. From 1951 to 1962, above ground tests took place at the Nevada Test Site. Underground testing continued into the early 1990s.
Today, in addition to gambling, Nevada is known for its quick marriages, quickie divorces and legalized prostitution. It also is among the fastest growing states in population.
Nevada Cash Out Refinance Loans
Cash out refinance loans may be of interest to Nevada homeowners who want to achieve a number of financial goals. By refinancing your home mortgage you may be able to lower your monthly payment or your interest rate.1
The extra cash from a cash out refi can help you pay off high interest consumer debt2 or allow you to make some needed home repairs or improvements. Investing money in your home for improvements often pays off when it is time to sell your home in the future. Be sure to do your homework to get the most from your investment in your home.
Countrywide Loans in Nevada
Countrywide offers cash-out refinance loan and other refinance options for Nevada homeowners. Other loan choices include home equity loans and home equity lines of credit. Let a Countrywide loan expert help you find the best loan for your needs. Get started with our interactive tools, or call a Countrywide loan expert today at 1-800-224-4207.
Cities of Nevada 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: Nevada Dept. of Cultural Affairs Web Site, onlineNevada.com, travelNevada.com, and the U.S. Census Bureau Web site.

