Countrywide Home Loans in Vermont
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Vermont Quick Facts
Vermont – The Green Mountain State
Vermont operated as an independent republic for 14 years from 1777 until become a U.S. state in 1791. Its militia under leadership of Col. Ethan Allen played a pivotal role in the Revolutionary War. It was the 14th state to join the U.S. after the original 13 colonies.
About a million and a half acres of the state are used for agriculture, contributing to Vermont’s reputation for an idyllic, rural landscape. Dairy farming is the main focus, with Vermont producing about half the milk in New England. The state also produces cheese, butter, yogurt and ice cream. It is the home of Ben and Jerry’s Ice Cream.
Vermont also is America’s largest producer of maple syrup. Other crops include apples, honey, potatoes and Christmas trees.
Manufacturing is the major employer in the state and the second largest contributor to the economy. Products include electronic components and equipment, tools, specialty consumer products and more.
Vermont Home Equity and Refinance Loans
As a Vermont homeowner, a home equity or mortgage refinance loan may help you pay for needed repairs on your historic home. Maybe you want to make some improvements, but don’t have the cash on hand.
A cash-out refinance loan could be your answer, depending on your particular financial needs and goals.1 A no closing cost refinance option also helps keeps your upfront out-of-pockets costs low.2 Or, maybe a home equity loan or line of credit would be the way to fund your projects or consolidate your debt.3
Countrywide Loans in Vermont
Countrywide has a selection of loans for Vermont homeowners seeking a refinance or equity loan. Our loan experts know your community. And, they can help match you with a loan that can help you achieve your financial goals. We have interactive tools to get you thinking. Or, call a Countrywide loan expert today at 1-800-224-4207.
Cities of Vermont 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. Affects pricing. With the No Closing Cost Refi Option, borrowers 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.
3. 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: Vermont Dept. of Tourism Web site, and Vermont state Web site.

