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Countrywide Mortgage Company

In March of 1969, Countrywide Credit Industries was founded by Angelo Mozilo and David Loeb.  The mortgage subsidiary was at that time called Countrywide Funding Corporation.  Although they had a public offering in only six months, they didn’t raise much capital.  Undaunted, they moved their fledgling company to Los Angeles where the housing market was booming.  Offering FHA and VA loans only proved unprofitable, and Countrywide soon  formulated a new business plan--branch offices like banks.  This strategy soon demonstrated its viability and five more branches followed swiftly.   Branches were opened in other states, and soon Countrywide was employing advanced technology to store its records. 

Already a technology leader, Countrywide branched its service to become a leader in the production of loans to low and moderate income families and minorities.  It had long been a mission of Countrywide  to lower the barriers to homeownership, and it was succeeding.  It was also succeeding in exporting its business profile.  A 1999 merger with the UK company Woolrich, PLC. combined Countrywide’s technology and efficiency with Woolrich’s local market expertise.  Countrywide now had a global presence.   Continuing to grow and evolve, Countrywide chose a new corporate name to reflect a more complete picture of who they are and where they are headed.  Countrywide Credit Industries had evolved into Countrywide Financial Corporation.

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Countrywide offers many types of loans, and applying for them is easy.  Apply online, schedule a consultation or call to speak to a loan consultant.  In the mean time, here are some of their offerings:

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Loans Funded by Countrywide Mortgage Company

  • 30, 25, 20, 15 or 10-Year Fixed Rate Loans
  • 10,7, 5, 3, 1-Year or 6-Month Adjustable Rate Loan s
  • No Down Payment Option Loans
  • Low Documentation Loans
  • One Time Close Construction/Permanent Loans
  • Jumbo Loans
  • Optimum Loan Programs
  • Credit Repair Loans
  • Credit Comeback Loans
  • Interest Only Loans
  • Home Equity Lines of Credit
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Recent Countrywide Mortgage Company News

Countrywide will work to get a good funding fit for its customers and provide excellent customer service at the same time. 

In March  of 2006, Countrywide announced that it would continue to sponsor the Rebuilding Together's Serving Those Who Serve initiative for at least two years. Countrywide has pledged $1 million for this program that provides free home modifications for American military personnel returning from Iraq or Afghanistan with debilitating injuries.  The company has been the founding sponsor of the initiative, announced on Capitol Hill in September of 2005. Since then, the program has transformed the homes of three severely injured soldiers.  This illustrates Countrywide’s commitment the people.

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Bradford Mortgage is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.

 

Bradford Mortgage is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.

Loan Type
State
Zip Code
Type of Loan Rate*        APR*
5 Year ARM
5.821%
5.033%
15 Year Fixed
5.243%
5.288%
30 Year Fixed
5.729%
5.717%
Home Equity Loan
7.420%
5.740%
HELOC
6.305%
6.990%
*Rate & APR Based on The Bradford Index
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