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Key Questions:

    1. Who are the leading lenders in Prince George'S, Maryland?
    2. The leading lenders, by market share, are Countrywide Bank, Fsb, Jpmorgan Chase Bank, Na and Hfc Company Llc. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Prince George'S, Maryland be in paying off their mortgage?
    2. Homeowners in Prince George'S, Maryland borrowed an average of 2.73 times their annual income for their mortgage. This compares to 1.97 for all of the US. Based on the national average, a signficantly higher risk that Prince George'S, Maryland homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Prince George'S, Maryland to actually live in them?
    2. 94.6% of home owners in Prince George'S, Maryland 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 Prince George'S, Maryland to the subprime mortgage crisis?
    2. There were significantly less subprime loans taken out by home owners in Prince George'S, Maryland than the national average in 2008. That is to say, Prince George'S, Maryland will be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Prince George'S, Maryland - 3.1% versus 4.8% - will reset to higher rates in 2009. This will mean that there will be less foreclosures caused by the reseting of subprime mortgages in Prince George'S, Maryland than other areas of the US.
2008 Mortgage Research Prince George'S Maryland US
Total Applications 68,568 393,039 17,391,570
Average Loan $262.1k $250.3k $198.2k
Loan to Income Ratio 2.73 2.36 1.97
Subprime Loans 3.05% 3.37% 4.81%
Refinancing Loans 66.37% 62.93% 52.52%
Principal Dwellings 94.57% 92.36% 90.00%
Rejected Applications 18.13% 13.47% 15.15%

Nearby Counties:   Anne Arundel, Charles, Calvert, Howard, Montgomery

MARYLAND Mortgage Rates
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Top Ten Lenders
# Name Share Apps
1 Countrywide Bank, Fsb 9.92% 6,633
2 Jpmorgan Chase Bank, Na 6.87% 4,465
3 Hfc Company Llc 5.04% 2,991
4 Wells Fargo Bank, Na 4.57% 3,508
5 Suntrust Mortgage, Inc 3.68% 2,258
6 Gmac Mortgage Llc 3.63% 2,018
7 Bank Of America, N.A. 3.09% 3,160
8 Wells Fargo Funding, Inc 2.93% 1,566
9 Citimortgage, Inc 2.86% 1,931
10 Gmac Bank 2.12% 1,150