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Key Questions:

    1. Who are the leading lenders in Blaine, Montana?
    2. The leading lenders, by market share, are Stockman Bank Of Montana, Wells Fargo Bank, Na and Us Bank, N.A.. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Blaine, Montana be in paying off their mortgage?
    2. Homeowners in Blaine, Montana borrowed an average of 1.55 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 Blaine, Montana homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Blaine, Montana to actually live in them?
    2. 93.7% of home owners in Blaine, Montana 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 Blaine, Montana to the subprime mortgage crisis?
    2. Loans taken out by home owners in Blaine, Montana are within a +/- 10 percent band of the national average. That is to say, Blaine, Montana will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Blaine Montana US
Total Applications 63 55,795 17,391,570
Average Loan $103.7k $176.7k $198.2k
Loan to Income Ratio 1.55 1.97 1.97
Subprime Loans 4.76% 5.32% 4.81%
Refinancing Loans 39.68% 57.58% 52.52%
Principal Dwellings 93.65% 89.88% 90.00%
Rejected Applications 11.11% 9.31% 15.15%

Nearby Counties:   Phillips, Hill, Fergus, Petroleum, Chouteau

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