Key Questions:

1. Who are the leading lenders in Schenectady, New York?
   1. The leading lenders, by market share, are Trustco Bank, Countrywide Bank, Fsb 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 Schenectady, New York be in paying off their mortgage?
   1. Homeowners in Schenectady, New York borrowed an average of 1.74 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 Schenectady, New York homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Schenectady, New York to actually live in them?
   1. 94.3% of home owners in Schenectady, 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 Schenectady, New York to the subprime mortgage crisis?
   1. Loans taken out by home owners in Schenectady, New York are within a +/- 10 percent band of the national average. That is to say, Schenectady, New York will likely be affected by the subprime mortgage crisis just like the average county in the US.