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Module 3
Preparing for Home Ownership
Types of Home Loans
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Loan Products

A Wide Range AvailableMost loans can be obtained as either a fixed rate or an adjustable rate. The following table lists the most common types of loan products, plus some special features and considerations for each. Some loan programs are complex and offer options that may take more time for borrowers to understand. Talk to your home loan consultant for further details and make sure you have all the information you need to make an informed decision.

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Loan Products Table

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  Countrywide Home Loans, a division of Countrywide Bank, FSB is an Equal Housing Lender. © 2007 - 2008 Countrywide Financial Corp. Trade/service marks are the property of Countrywide Financial Corp., and/or its subsidiaries. All rights reserved. The content of this website is provided for the convenience of our readers and is for informational purposes only. Readers are encouraged to use the content of this website to supplement their knowledge and to also seek out other reliable sources of information prior to engaging in the home financing and home buying processes. The information featured herein is intended to be accurate and we will make efforts to keep this website updated. However, due to the rapid changes occurring in the programs, products, services offered within the home financing industry, we do not guarantee the accuracy of the information presented. Countrywide is not responsible for the contents of, or products or services offered on, third party Web sites and provides links to such sites solely for your convenience. This is not a commitment to lend. All rights reserved.