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Countrywide Home Loans in Oregon

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Legal Disclaimer: The Cyberhomes™ property valuation results from the use of some and/or all of the following: automated valuation technology, statistical modeling, public records data (as available from time to time) and human logic combined to provide a rational estimate of the possible selling price of a residential property. This valuation is and does not constitute an appraisal. This valuation contains no representations or warranties regarding a property's marketability, functional or economic obsolescence, environmental damage, compliance with existing building and safety codes and regulations, or flood insurance determination. This valuation does not warrant the accuracy or completeness of any public record information or data sources used to help determine this valuation.

The valuations are provided "as is" and Countrywide Financial Corporation and/or its affiliates (collectively 'Countrywide') make no representation or warranty of any kind, express or implied, with respect to their accuracy, completeness, or currentness, including without limitation the implied warranties of merchantability and fitness for a particular purpose or non-infringement.

This property valuation tool is provided by Fidelity National Financial, Inc. Fidelity National Financial is not affiliated with Countrywide Financial Corporation ('Countrywide') or any of its affiliates. Countrywide makes no guarantees or warranties regarding this property valuation tool and is not responsible for the accuracy of any of the data provided. In processing applications for and making decisions regarding home loan financing, Countrywide determines the value of a property using data and valuation tools that Countywide considers appropriate for its underwriting criteria and internal decision making (collectively referred to as 'processes') and such processes may reach a different valuation than that provided by using this tool. Countrywide is not bound by or in any way obligated to accept, use or refer to the valuation and data provided by this tool in conjunction with any loan application or request for home financing.

Oregon Quick Facts

State Population:
3,421,399
State Capital:
Salem
Median Housing Value:
$236,600
Median Income:
$35,357
Avg Household Size:
2.51
Land Area:
68,667 sq mi
State Code:
OR
Largest City:
PORTLAND - 537,081
2006 Data from http://www.census.gov

Oregon - The Beaver State

President Thomas Jefferson asked Meriwether Lewis and William Clark to lead the first American expedition across the continent to the Pacific. The Lewis and Clark Expedition reached the mouth of the Columbia River at the Pacific Ocean near present-day Astoria in November 1805.

It wasn't until 35 years later that settlement in area really began. Between 1840 and 1850, about 53,000 people traveled across America on the Oregon Trail to settle the state. Three times as many may have taken the trail, but continued on to Washington or California. Others stopped along the way and settled in places that looked promising.

Forest, timber and related industries have been a major part of Oregon's economy throughout its history. Fishing and agriculture also play important roles.

Over the past 20 years, the economy has been moving into new sectors, such as high-tech, electronics and tourism. Tourists are attracted by Oregon's wide range of outdoor recreation opportunities. Tourism is now the state's third largest revenue generator.

Equity Loans and Refinance in Oregon

An equity loan, an equity line of credit or a refinance loan may be options for you as an Oregon homeowner with financial goals. The loan that's right for you will depend on a number of factors including your financial goals. These may include: lowering your monthly payment,1 reducing your interest rate, making home repairs, or consolidating your high interest debt with a cash-out refinance loan.2

Countrywide Loans in Oregon

Our loan experts know your community. Countrywide can help Oregon homeowners achieve their financial goals with its loan options. Countrywide's loan experts can help you find the refinance, equity loan or equity line of credit option that will best help you meet your goals. Our interactive tools can get your started. Or, call a Countrywide loan expert today at 1-800-224-4207.

Cities of Oregon 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 the state of Oregon Web site, the Oregon Secretary of State Web site, the Travel Oregon Web site, and Welcome to Oregon Web site.

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