Key Questions:

1. Who are the leading lenders in Shelby, Kentucky?
   1. The leading lenders, by market share, are Jpmorgan Chase Bank, Na, Countrywide Bank, Fsb and Commonwealth Bank & Trust Comp. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Shelby, Kentucky be in paying off their mortgage?
   1. Homeowners in Shelby, Kentucky borrowed an average of 1.91 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 Shelby, Kentucky homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Shelby, Kentucky to actually live in them?
   1. 90.7% of home owners in Shelby, 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%.
4. How at risk is Shelby, Kentucky to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Shelby, Kentucky were meaningful more than the national average in 2008. That is to say, Shelby, Kentucky will likely be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in Shelby, Kentucky - 5.4% versus 4.8% - will reset to higher rates in 2009. This will likely trigger a higher amount of foreclosures caused by the reseting of subprime mortgages in Shelby, Kentucky than other areas of the US.