Mortgage Options And Buying A Home

Mortgage Products

Personal Options for Mortgage Loans

What kind of mortgage option are you looking for?

If you’re buying a home, we want to help you with a mortgage that matches your lifestyle as much as your house. Countrywide Bank’s Full Spectrum Lending Division offers flexible, affordable mortgage loans to match your purchasing needs. Explore our home loan products and personal options to discover the best available choices for you.

If you’d like to learn more, our experienced loan consultants are eager to provide information and tips to help you identify the best available loan option for you. Just call 1-800-909-8217 for a FREE, no-obligation consultation.

Our mortgage loans are customized to suit the needs of virtually every individual home buyer, and we encourage our clients to choose the best available loan to meet their needs and realize their dreams.

Adjustable Rate Mortgages (ARMs)

Fixed-Period ARMs (or Combination Rate Mortgages)

Fixed Rate Mortgages

Key Features

Key Features

Key Features

Initial monthly payments may be lower, compared with other loans

May help homebuyers qualify to borrow a greater amount

Starts with a fixed rate period ranging from 1 to 10 years

After fixed rate period, loan turns adjustable rate

Good option for borrowers who plan to live in their home for a short period

Good option for buyers who plan to stay in the home for the long term, 5-10 years or more

Payments and rate will not change for the life of the loan

Low Down Payments

Helps reduce the cash needed up front with low down payments
Depending on credit history, can choose between low down payments or even NO down payment
May also be able to use gift funds, seller contributions or second mortgages for down payment

Credit Improvement

Choice of fixed rate or combination rate mortgages for qualified borrowers
May help borrowers with credit problems qualify for mortgage and rebuild credit

Reduced Home Loan Paperwork

Application process requires little or no paperwork regarding income or assets
Can be a good option for qualified business owners and the self-employed

Investment Property

Loans to help borrowers finance investment property

Vacation Homes and Properties

Loans to help borrowers purchase vacation homes

We have loan programs for just about every customer’s needs. Give us a call at 1-800-909-8217 . Our loan consultants can help you find a loan option that suits your needs.