Key Questions:

1. Who are the leading lenders in Cumberland, New Jersey?
   1. The leading lenders, by market share, are Countrywide Bank, Fsb, Gateway Funding Dms, Lp and Wells Fargo Funding, Inc. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Cumberland, New Jersey be in paying off their mortgage?
   1. Homeowners in Cumberland, New Jersey borrowed an average of 1.89 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 Cumberland, New Jersey homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Cumberland, New Jersey to actually live in them?
   1. 93.8% of home owners in Cumberland, New Jersey 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%.
4. How at risk is Cumberland, New Jersey to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Cumberland, New Jersey were meaningful more than the national average in 2008. That is to say, Cumberland, New Jersey will likely be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in Cumberland, New Jersey - 5.6% versus 4.8% - will reset to higher rates in 2009. This will likely trigger a higher amount of foreclosures caused by the reseting of subprime mortgages in Cumberland, New Jersey than other areas of the US.