Key Questions:

1. Who are the leading lenders in Monroe, New York?
   1. The leading lenders, by market share, are Hsbc Mortgage Corp, Wells Fargo Bank, Na and Esl Federal Credit Union. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Monroe, New York be in paying off their mortgage?
   1. Homeowners in Monroe, New York borrowed an average of 1.38 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 Monroe, New York homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Monroe, New York to actually live in them?
   1. 92.6% of home owners in Monroe, New York 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 Monroe, New York to the subprime mortgage crisis?
   1. Loans taken out by home owners in Monroe, New York are within a +/- 10 percent band of the national average. That is to say, Monroe, New York will likely be affected by the subprime mortgage crisis just like the average county in the US.