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Key Questions:

    1. Who are the leading lenders in Moore, North Carolina?
    2. The leading lenders, by market share, are Branch Banking And Trust Co, Wells Fargo Bank, Na and Countrywide Bank, Fsb. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Moore, North Carolina be in paying off their mortgage?
    2. Homeowners in Moore, North Carolina 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 Moore, North Carolina homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Moore, North Carolina to actually live in them?
    2. 88.0% of home owners in Moore, 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%.
    1. How at risk is Moore, North Carolina to the subprime mortgage crisis?
    2. Loans taken out by home owners in Moore, North Carolina are within a +/- 10 percent band of the national average. That is to say, Moore, North Carolina will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Moore North Carolina US
Total Applications 5,184 575,937 17,391,570
Average Loan $175.6k $168.3k $198.2k
Loan to Income Ratio 1.86 1.87 1.97
Subprime Loans 5.09% 4.68% 4.81%
Refinancing Loans 55.57% 55.98% 52.52%
Principal Dwellings 87.98% 88.95% 90.00%
Rejected Applications 10.74% 12.34% 15.15%

Nearby Counties:   Lee, Hoke, Richmond, Montgomery, Chatham

NORTH CAROLINA Mortgage Rates
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Top Ten Lenders
# Name Share Apps
1 Branch Banking And Trust Co 11.88% 620
2 Wells Fargo Bank, Na 8.54% 391
3 Countrywide Bank, Fsb 7.06% 365
4 Jpmorgan Chase Bank, Na 6.69% 304
5 Wachovia Mortgage Fsb 4.87% 210
6 Beneficial Company Llc 3.99% 288
7 State Employees' Credit Union 3.61% 241
8 Gmac Mortgage Llc 3.20% 142
9 First Bank 2.89% 174
10 Usaa Federal Savings Bank 2.86% 146