Key Questions:

1. Who are the leading lenders in Iredell, North Carolina?
   1. The leading lenders, by market share, are Countrywide Bank, Fsb, Jpmorgan Chase Bank, Na and Branch Banking And Trust Co. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Iredell, North Carolina be in paying off their mortgage?
   1. Homeowners in Iredell, North Carolina borrowed an average of 2.06 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 Iredell, North Carolina homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Iredell, North Carolina to actually live in them?
   1. 91.5% of home owners in Iredell, North Carolina 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 Iredell, North Carolina to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Iredell, North Carolina were meaningfully less than the national average in 2008. That is to say, Iredell, North Carolina will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Iredell, North Carolina - 4.0% versus 4.8% - will reset to higher rates in 2009.