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Key Questions:

    1. How at risk is Bollinger, Missouri to the subprime mortgage crisis?
    2. Subprime loans taken out by home owners in Bollinger, Missouri were meaningfully less than the national average in 2006. That is to say, Bollinger, Missouri will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Bollinger, Missouri - 10.2% versus 12.0% - will reset to higher rates in 2008.
    1. How stretched will home owners in Bollinger, Missouri be in paying off their mortgage?
    2. Homeowners in Bollinger, Missouri borrowed an average of 1.57 times their annual income for their mortgage. This compares to 1.83 for all of the US. Based on the national average, there will be a normal risk that Bollinger, Missouri homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Bollinger, Missouri?
    2. The leading lenders, by market share, are Beneficial Company Llc, Us Bank, N.A. and Countrywide Home Loans. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Bollinger, Missouri to actually live in them?
    2. 92.6% of home owners in Bollinger, Missouri that applied for a mortgage in 2006 live in their homes versus owning them as an investment property. This compares to the national average of 89.0%.
2006 Mortgage Research Bollinger Missouri US
Total Applications 488 651,576 33,304,682
Average Loan $78.7k $116.7k $184.9k
Loan to Income Ratio 1.57 1.55 1.83
Subprime Loans 10.25% 12.34% 11.98%
Refinancing Loans 54.30% 52.98% 50.05%
Principal Dwellings 92.62% 89.02% 88.97%
Rejected Applications 19.88% 12.36% 12.36%

Nearby Counties:   Cape Girardeau, Madison, Perry, Stoddard, Wayne

Top Ten Lenders
# Name Share Apps
1 Beneficial Company Llc 8.81% 43
2 Us Bank, N.A. 6.56% 32
3 Countrywide Home Loans 6.35% 31
4 Us Bank North Dakota 5.94% 29
5 Bank Of America, N.A. 3.69% 18
6 Gmac Mortgage Llc 3.28% 16
7 Nationstar Mortgage Llc 3.07% 15
8 Wells Fargo Fin'L Missouri Inc 2.87% 14
9 Wells Fargo Bank, Na 2.66% 13
10 First State Community Bank 2.46% 12