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Key Questions:

    1. Who are the leading lenders in Lewis And Clark, Montana?
    2. The leading lenders, by market share, are Countrywide Bank, Fsb, Wells Fargo Bank, Na and Mountain West Bank, N.A.. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Lewis And Clark, Montana be in paying off their mortgage?
    2. Homeowners in Lewis And Clark, Montana borrowed an average of 2.14 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 Lewis And Clark, Montana homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Lewis And Clark, Montana to actually live in them?
    2. 90.8% of home owners in Lewis And Clark, 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 Lewis And Clark, Montana to the subprime mortgage crisis?
    2. Loans taken out by home owners in Lewis And Clark, Montana are within a +/- 10 percent band of the national average. That is to say, Lewis And Clark, Montana will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Lewis And Clark Montana US
Total Applications 3,882 55,795 17,391,570
Average Loan $179.3k $176.7k $198.2k
Loan to Income Ratio 2.14 1.97 1.97
Subprime Loans 4.95% 5.32% 4.81%
Refinancing Loans 58.11% 57.58% 52.52%
Principal Dwellings 90.80% 89.88% 90.00%
Rejected Applications 8.29% 9.31% 15.15%

Nearby Counties:   Powell, Teton, Jefferson, Cascade, Pondera

MONTANA Mortgage Rates
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Top Ten Lenders
# Name Share Apps
1 Countrywide Bank, Fsb 16.82% 621
2 Wells Fargo Bank, Na 13.31% 553
3 Mountain West Bank, N.A. 12.70% 452
4 Beneficial Company Llc 5.85% 240
5 Gmac Mortgage Llc 4.98% 181
6 First Interstate Bank 4.29% 131
7 Gmac Bank 3.47% 112
8 Suntrust Mortgage, Inc 3.31% 118
9 Jpmorgan Chase Bank, Na 3.27% 132
10 Us Bank, N.A. 2.99% 108