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Key Questions:

    1. How at risk is Belknap, New Hampshire to the subprime mortgage crisis?
    2. Subprime loans taken out by home owners in Belknap, New Hampshire were meaningfully less than the national average in 2006. That is to say, Belknap, New Hampshire will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Belknap, New Hampshire - 10.4% versus 12.0% - will reset to higher rates in 2008.
    1. How stretched will home owners in Belknap, New Hampshire be in paying off their mortgage?
    2. Homeowners in Belknap, New Hampshire borrowed an average of 1.74 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 Belknap, New Hampshire homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Belknap, New Hampshire?
    2. The leading lenders, by market share, are Countrywide Home Loans, Beneficial Company Llc and Ameriquest Mortgage Company. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Belknap, New Hampshire to actually live in them?
    2. 83.4% of home owners in Belknap, New Hampshire 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 Belknap New Hampshire US
Total Applications 8,213 147,951 33,304,682
Average Loan $168.9k $165.6k $184.9k
Loan to Income Ratio 1.74 1.75 1.83
Subprime Loans 10.41% 9.89% 11.98%
Refinancing Loans 58.54% 55.80% 50.05%
Principal Dwellings 83.40% 91.59% 88.97%
Rejected Applications 12.20% 11.90% 12.36%

Nearby Counties:   Merrimack, Carroll, Strafford, Grafton, Rockingham

Top Ten Lenders
# Name Share Apps
1 Countrywide Home Loans 6.57% 540
2 Beneficial Company Llc 4.18% 343
3 Ameriquest Mortgage Company 3.87% 318
4 Gmac Mortgage Llc 3.49% 287
5 Laconia Savings Bank 3.29% 270
6 Citizens Bank New Hampshire 3.23% 265
7 Td Banknorth, N.A. 2.97% 244
8 Wells Fargo Bank, Na 2.96% 243
9 Washington Mutual Bank 2.57% 211
10 Nationstar Mortgage Llc 2.33% 191