Homethinking shows you transactional histories of real estate agents and mortgage lenders.
Realtors: Get Listed / Login

Key Questions:

    1. How at risk is Clark, Illinois to the subprime mortgage crisis?
    2. Loans taken out by home owners in Clark, Illinois are within a +/- 10 percent band of the national average. That is to say, Clark, Illinois will likely be affected by the subprime mortgage crisis just like the average county in the US.
    1. How stretched will home owners in Clark, Illinois be in paying off their mortgage?
    2. Homeowners in Clark, Illinois borrowed an average of 1.19 times their annual income for their mortgage. This compares to 1.83 for all of the US. Based on the national average, a significantly lower risk that Clark, Illinois homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Clark, Illinois?
    2. The leading lenders, by market share, are First Bank & Trust, Sb, Casey State Bank and Old National Bank. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Clark, Illinois to actually live in them?
    2. 91.2% of home owners in Clark, Illinois that applied for a mortgage in 2006 live in their homes versus owning them as an investment property. This compares to the national average of 89.0%.
2006 Mortgage Research Clark Illinois US
Total Applications 907 1,378,587 33,304,682
Average Loan $71.4k $173.9k $184.9k
Loan to Income Ratio 1.19 1.81 1.83
Subprime Loans 13.01% 13.38% 11.98%
Refinancing Loans 49.39% 50.65% 50.05%
Principal Dwellings 91.18% 90.76% 88.97%
Rejected Applications 17.42% 13.14% 12.36%

Nearby Counties:   Crawford, Edgar, Cumberland, Coles, Jasper

Top Ten Lenders
# Name Share Apps
1 First Bank & Trust, Sb 12.90% 117
2 Casey State Bank 11.25% 102
3 Old National Bank 8.71% 79
4 First Financial Bank Na 6.73% 61
5 Regions Bank 5.95% 54
6 Beneficial Company Llc 3.09% 28
7 Wells Fargo Bank, Na 2.98% 27
8 Gmac Mortgage Llc 2.65% 24
9 Jpmorgan Chase Bank 2.32% 21
10 Countrywide Home Loans 2.21% 20