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Key Questions:

    1. Who are the leading lenders in Glacier, Montana?
    2. The leading lenders, by market share, are Stockman Bank Of Montana, Beneficial Company Llc and Countrywide Bank, Fsb. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Glacier, Montana be in paying off their mortgage?
    2. Homeowners in Glacier, Montana borrowed an average of 1.18 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 Glacier, Montana homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Glacier, Montana to actually live in them?
    2. 93.4% of home owners in Glacier, 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 Glacier, Montana to the subprime mortgage crisis?
    2. Loans taken out by home owners in Glacier, Montana are within a +/- 10 percent band of the national average. That is to say, Glacier, Montana will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Glacier Montana US
Total Applications 167 55,795 17,391,570
Average Loan $106.0k $176.7k $198.2k
Loan to Income Ratio 1.18 1.97 1.97
Subprime Loans 4.79% 5.32% 4.81%
Refinancing Loans 43.11% 57.58% 52.52%
Principal Dwellings 93.41% 89.88% 90.00%
Rejected Applications 8.38% 9.31% 15.15%

Nearby Counties:   Pondera, Flathead, Teton, Toole, Lake

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Top Ten Lenders
# Name Share Apps
1 Stockman Bank Of Montana 40.18% 48
2 Beneficial Company Llc 9.40% 14
3 Countrywide Bank, Fsb 7.56% 14
4 Wells Fargo Bank, Na 7.06% 19
5 Us Bank, N.A. 4.95% 9
6 Suntrust Mortgage, Inc 4.93% 11
7 New Day Financial, Llc 3.80% 4
8 Jpmorgan Chase Bank, Na 3.46% 6
9 Montana Mortgage Company 3.15% 4
10 Taylor, Bean & Whitaker 2.88% 3