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Key Questions:

    1. Who are the leading lenders in Camden, Missouri?
    2. The leading lenders, by market share, are Wells Fargo Bank, Na, Countrywide Bank, Fsb and Jpmorgan Chase Bank, Na. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Camden, Missouri be in paying off their mortgage?
    2. Homeowners in Camden, Missouri borrowed an average of 1.31 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 Camden, Missouri homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Camden, Missouri to actually live in them?
    2. 52.4% of home owners in Camden, Missouri 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 Camden, Missouri to the subprime mortgage crisis?
    2. Loans taken out by home owners in Camden, Missouri are within a +/- 10 percent band of the national average. That is to say, Camden, Missouri will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Camden Missouri US
Total Applications 3,749 379,587 17,391,570
Average Loan $203.8k $143.1k $198.2k
Loan to Income Ratio 1.31 1.75 1.97
Subprime Loans 4.72% 6.26% 4.81%
Refinancing Loans 59.72% 59.50% 52.52%
Principal Dwellings 52.41% 90.00% 90.00%
Rejected Applications 10.35% 11.93% 15.15%

Nearby Counties:   Miller, Laclede, Morgan, Dallas, Hickory

MISSOURI Mortgage Rates
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Top Ten Lenders
# Name Share Apps
1 Wells Fargo Bank, Na 12.73% 482
2 Countrywide Bank, Fsb 7.03% 300
3 Jpmorgan Chase Bank, Na 5.85% 229
4 Us Bank, N.A. 4.19% 153
5 Citimortgage, Inc 3.59% 141
6 Premier Bank 3.20% 112
7 Amtrust Bank 3.16% 127
8 Beneficial Company Llc 2.74% 120
9 Gmac Mortgage Llc 2.09% 84
10 Hsbc Mortgage Corp 2.00% 82