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Key Questions:

    1. Who are the leading lenders in Las Animas, Colorado?
    2. The leading lenders, by market share, are Countrywide Bank, Fsb, Jpmorgan Chase Bank, Na and Beneficial Company Llc. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Las Animas, Colorado be in paying off their mortgage?
    2. Homeowners in Las Animas, Colorado borrowed an average of 2.03 times their annual income for their mortgage. This compares to 1.97 for all of the US. Based on the national average, there will be a normal risk that Las Animas, Colorado homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Las Animas, Colorado to actually live in them?
    2. 88.4% of home owners in Las Animas, Colorado that applied for a mortgage in 2008 live in their homes versus owning them as an investment property. This compares to the national average of 90.0%.
    1. How at risk is Las Animas, Colorado to the subprime mortgage crisis?
    2. Loans taken out by home owners in Las Animas, Colorado are within a +/- 10 percent band of the national average. That is to say, Las Animas, Colorado will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Las Animas Colorado US
Total Applications 812 370,468 17,391,570
Average Loan $147.3k $222.3k $198.2k
Loan to Income Ratio 2.03 2.06 1.97
Subprime Loans 4.80% 2.84% 4.81%
Refinancing Loans 55.42% 52.20% 52.52%
Principal Dwellings 88.42% 88.06% 90.00%
Rejected Applications 11.95% 12.06% 15.15%

Nearby Counties:   Otero, Pueblo, Huerfano, Crowley, Bent

COLORADO Mortgage Rates
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Top Ten Lenders
# Name Share Apps
1 Countrywide Bank, Fsb 9.78% 84
2 Jpmorgan Chase Bank, Na 9.40% 58
3 Beneficial Company Llc 8.37% 67
4 Wells Fargo Bank, Na 5.86% 47
5 Gmac Mortgage Llc 5.70% 40
6 Community Banks Of Colorado 5.45% 41
7 Us Bank, N.A. 4.02% 26
8 Gmac Bank 3.66% 25
9 International Bank 3.46% 53
10 Mortgage Solutions Of Colorado 2.74% 22