Key Questions:

1. Who are the leading lenders in Mcdonough, Illinois?
   1. The leading lenders, by market share, are Citizens National Bank, Beneficial Company Llc and Mb Financial Bank Na. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Mcdonough, Illinois be in paying off their mortgage?
   1. Homeowners in Mcdonough, Illinois borrowed an average of 1.14 times their annual income for their mortgage. This compares to 1.97 for all of the US. Based on the national average, a significantly lower risk that Mcdonough, Illinois homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Mcdonough, Illinois to actually live in them?
   1. 94.6% of home owners in Mcdonough, Illinois 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%.
4. How at risk is Mcdonough, Illinois to the subprime mortgage crisis?
   1. There were significantly more subprime loans taken out by home owners in Mcdonough, Illinois than the national average in 2008. That is to say, Mcdonough, Illinois will be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in Mcdonough, Illinois - 10.0% versus 4.8% - will reset to higher rates in 2009. This will mean that there will be more foreclosures caused by the reseting of subprime mortgages in Mcdonough, Illinois than other areas of the US.