-Company to offer more one-stop mortgage tips and tools through December 2-
CALABASAS, Calif., Nov. 8 /PRNewswire/ -- Responding to the high demand
of its successful "America's Open House" initiative launched in September,
Countrywide Home Loans, Inc., announced today that it will extend the
sought-after program through December 2, 2007. The America's Open House
campaign brings expert mortgage guidance and information to residential
open houses -- nearly 25,000 to date -- across the country, empowering
prospective home buyers with the tips and tools needed to better understand
today's home financing options.
"The positive response to this campaign has been overwhelming, and we
are pleased that Countrywide can continue to help more individuals and
families realize the American dream of homeownership through this effort,"
said Dan Hanson, managing director of Countrywide Home Loans. "It is just
one more way that we work together with local real estate professionals and
builders to deliver one-stop convenience for potential home buyers and help
them make informed, responsible decisions about their mortgages."
Through America's Open House, more than 7,000 of Countrywide's loan
experts have joined forces with local real estate agents at weekend open
houses since September 29 to educate home buyers about the basics of the
real estate market and give them the tools they need to shop for a home
loan. Countrywide representatives also are visiting new home sales offices
and working with home builders to provide the same types of services and
information.
"This educational initiative not only benefits home buyers, but it also
helps our valued business partners better serve their customers-so everyone
wins in seizing the opportunities of this buyer's market," noted Hanson.
"We've met a number of potential buyers who were disillusioned by media
reports and had nearly abandoned their dream of owning a home, but since
America's Open House they have gained confidence by better understanding
their options and knowing that they can turn to a lender they trust. Many
also have been pleasantly surprised by the range of home financing
solutions still available and the prospect of financing the home of their
dreams."
As part of the campaign, Countrywide's home loan consultants outline
specific mortgage options tailored to the open-house properties they visit
and have tools on hand to provide qualified open house visitors with
mortgage pre-approvals. By arming home shoppers with pre-approvals,
Countrywide aims to help them shop with the increased confidence of knowing
up front how much house they can afford.
America's Open House underscores Countrywide's mission to offer a wide
range of mortgage solutions to suit qualified buyers' individual needs and
financial situations.
For more information, consumers can reach their nearest Countrywide
office at 800-747-1871.
Countrywide Home Loans, Inc., -- a member of the Countrywide family:
America's #1 home loan lender as ranked for 2006 by Inside Mortgage Finance
(Feb. 2, 2007), Copyright 2007 -- originates, purchases, sells and services
home loans and is the primary subsidiary of Countrywide Financial
Corporation (NYSE: CFC). Countrywide Financial Corporation, through its
subsidiaries, provides mortgage banking and diversified financial services
in domestic and international markets. Founded in 1969 and a member of the
S&P 500 and Fortune 500, Countrywide Financial Corporation is headquartered
in Calabasas, California.
SOURCE Countrywide Home Loans, Inc.
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Related links:
http://www.countrywide.com
CONTACT:
Countrywide Home Loans, Inc., 1-800-796-8448,
pressroom@countrywide.com
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