Key Questions:

1. Who are the leading lenders in Mora, New Mexico?
   1. The leading lenders, by market share, are Beneficial Company Llc, Countrywide Bank, Fsb and Wells Fargo Fin'L New Mexico. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Mora, New Mexico be in paying off their mortgage?
   1. Homeowners in Mora, New Mexico borrowed an average of 1.86 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 Mora, New Mexico homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Mora, New Mexico to actually live in them?
   1. 91.5% of home owners in Mora, New Mexico 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 Mora, New Mexico to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Mora, New Mexico were meaningfully less than the national average in 2008. That is to say, Mora, New Mexico will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Mora, New Mexico - 4.2% versus 4.8% - will reset to higher rates in 2009.