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Key Questions:

    1. Who are the leading lenders in Greenup, Kentucky?
    2. The leading lenders, by market share, are Home Federal, City National Bank Of Wv 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 Greenup, Kentucky be in paying off their mortgage?
    2. Homeowners in Greenup, Kentucky borrowed an average of 1.44 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 Greenup, Kentucky homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Greenup, Kentucky to actually live in them?
    2. 93.1% of home owners in Greenup, Kentucky 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 Greenup, Kentucky to the subprime mortgage crisis?
    2. Loans taken out by home owners in Greenup, Kentucky are within a +/- 10 percent band of the national average. That is to say, Greenup, Kentucky will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Greenup Kentucky US
Total Applications 2,169 215,096 17,391,570
Average Loan $99.4k $124.5k $198.2k
Loan to Income Ratio 1.44 1.65 1.97
Subprime Loans 5.21% 7.48% 4.81%
Refinancing Loans 60.26% 56.96% 52.52%
Principal Dwellings 93.13% 90.81% 90.00%
Rejected Applications 16.18% 12.84% 15.15%

Nearby Counties:   Carter, Boyd, Lewis, Elliott, Lawrence

KENTUCKY Mortgage Rates
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Top Ten Lenders
# Name Share Apps
1 Home Federal 12.02% 222
2 City National Bank Of Wv 9.52% 247
3 Beneficial Company Llc 8.70% 182
4 Countrywide Bank, Fsb 5.45% 103
5 First & Peoples Bank And Trust 5.02% 151
6 Fifth Third Mortgage Company 4.59% 89
7 Flagstar Bank 3.58% 75
8 Community Trust Bank, Inc. 3.45% 42
9 Peoples Bank, National Associa 3.14% 63
10 Advanced Financial Services In 3.03% 53