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Key Questions:

    1. Who are the leading lenders in Antrim, Michigan?
    2. The leading lenders, by market share, are Jpmorgan Chase Bank, Na, Fifth Third Mortgage Company and Fifth Third Mortgage, Mi Llc. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Antrim, Michigan be in paying off their mortgage?
    2. Homeowners in Antrim, Michigan borrowed an average of 1.42 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 Antrim, Michigan homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Antrim, Michigan to actually live in them?
    2. 74.1% of home owners in Antrim, Michigan 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 Antrim, Michigan to the subprime mortgage crisis?
    2. Loans taken out by home owners in Antrim, Michigan are within a +/- 10 percent band of the national average. That is to say, Antrim, Michigan will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Antrim Michigan US
Total Applications 1,311 472,702 17,391,570
Average Loan $164.5k $134.5k $198.2k
Loan to Income Ratio 1.42 1.67 1.97
Subprime Loans 5.26% 5.89% 4.81%
Refinancing Loans 71.01% 57.74% 52.52%
Principal Dwellings 74.07% 91.29% 90.00%
Rejected Applications 17.77% 16.35% 15.15%

Nearby Counties:   Charlevoix, Kalkaska, Grand Traverse, Otsego, Emmet

MICHIGAN Mortgage Rates
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Top Ten Lenders
# Name Share Apps
1 Jpmorgan Chase Bank, Na 9.73% 138
2 Fifth Third Mortgage Company 6.64% 56
3 Fifth Third Mortgage, Mi Llc 6.30% 70
4 The Huntington National Bank 6.20% 98
5 Countrywide Bank, Fsb 5.90% 78
6 Wells Fargo Bank, Na 5.78% 72
7 Gmac Mortgage Llc 5.33% 55
8 Citimortgage, Inc 3.59% 41
9 Phh Mortgage Corporation 2.25% 22
10 Gmac Bank 2.21% 26