Frequently Asked Questions

Countrywide Bank’s Full Spectrum Lending Division specializes in helping homeowners tap their available home equity to get cash, consolidate bills with a refinance loan, lower monthly payments, and reduce their interest rate.

Common Questions:

Can I start my application over the phone?

What are my chances of getting approved?

What affects interest rates?

Is there a Full Spectrum Lending office near me?

Does Full Spectrum Lending charge an application fee?

Will I have out-of-pocket costs?

What types of loan programs Full Spectrum Lending Offer?

Can I refinance without owning property?

Is my personal information secure?

If you have questions, we want to help. To speak to a Home Loan Consultant, please call 1-800-909-8217. Or read our informative question and answer section below.

Common Questions

Can I start my application over the phone?

Yes, we make applying for a home loan easy! Call us now at 1-800-909-8217. Loan Consultants are standing by, available to help you reach your home loan goals.

What are my chances of getting approved?

At Full Spectrum Lending, we love to say "yes.” You will never know what is possible if you don’t contact us to discuss your individual mortgage needs. Give us a try – we want your business. Call 1-800-909-8217.

What affects interest rates?

Many components affect the home loan interest rates available. Factors influencing loan rates include but are not limited to the economy, your credit history, the loan program chosen and the amount of equity in your home or property. For more information, call us at 1-800-909-8217. Also, be sure to check out our credit guide to learn how your credit history impacts rates.

Is there a Full Spectrum Lending office near me?

We have offices located nationwide. To find the office nearest you in seconds, use our easy online office finder.

Does Full Spectrum Lending charge an application fee?

There is no application fee. However, there are other expenses during the application process -- often called "third-party fees" -- which are collected to pay for services provided by outside parties. An appraiser, for example, charges an appraisal fee to determine the value of the property.

Will I have out-of-pocket costs?

Qualified borrowers can roll refinance costs into the mortgage and eliminate out-of-pocket expenses. When you purchase or refinance a home, however, there may be some necessary charges to cover certain costs. It really depends on what type of mortgage you are interested in and the loan options you choose.

What types of loan programs does Full Spectrum Lending Offer?

We offer a variety of home loan programs, including cash-out refinancing that allows qualified borrowers to obtain cash from their home's equity for any purpose such as buying a car, medical expenses, vacations, remodeling, or anything they wish! Another popular product is the Combo Loan, which is a type of debt consolidation refinance loan.
Home Equity loans, purchase loans, Fixed Rate loans, ARM loans (adjustable rate mortgages), and No Cost Refi loans are also popular.

Can I refinance without owning property?

No. To obtain a refinance mortgage loan, you must first own a qualifying property secured by a home loan.

Is my personal information secure?

At Countrywide Bank’s Full Spectrum Lending Division we maintain stringent security standards to ensure that your private data remains safe. We use advanced data encryption and storage technology to protect your sensitive personal information, and we are proud members of recognized online privacy and security organizations such as TruSecure^® Corporation, and VeriSign^TM, Inc.

If you would like to speak to a Home Loan Consultant regarding your situation, call us at 1-800-909-8217, now to explore your loan options. Countrywide's Full Spectrum Lending welcomes the opportunity to serve your home financing needs!