Homethinking shows you transactional histories of real estate agents and mortgage lenders.
Realtors: Get Listed / Login

Key Questions:

    1. How at risk is Burleigh, North Dakota to the subprime mortgage crisis?
    2. Loans taken out by home owners in Burleigh, North Dakota are within a +/- 10 percent band of the national average. That is to say, Burleigh, North Dakota will likely be affected by the subprime mortgage crisis just like the average county in the US.
    1. How stretched will home owners in Burleigh, North Dakota be in paying off their mortgage?
    2. Homeowners in Burleigh, North Dakota borrowed an average of 1.39 times their annual income for their mortgage. This compares to 1.83 for all of the US. Based on the national average, there will be a normal risk that Burleigh, North Dakota homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Burleigh, North Dakota?
    2. The leading lenders, by market share, are Wells Fargo Bank, Na, Dakota Community Bank and Gate City Bank. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Burleigh, North Dakota to actually live in them?
    2. 93.2% of home owners in Burleigh, North Dakota that applied for a mortgage in 2006 live in their homes versus owning them as an investment property. This compares to the national average of 89.0%.
2006 Mortgage Research Burleigh North Dakota US
Total Applications 5,582 34,373 33,304,682
Average Loan $104.9k $93.6k $184.9k
Loan to Income Ratio 1.39 1.29 1.83
Subprime Loans 11.36% 11.02% 11.98%
Refinancing Loans 38.62% 40.25% 50.05%
Principal Dwellings 93.16% 93.36% 88.97%
Rejected Applications 7.69% 9.66% 12.36%

Nearby Counties:   Sheridan, Kidder, Emmons, Morton, Oliver

Top Ten Lenders
# Name Share Apps
1 Wells Fargo Bank, Na 11.63% 649
2 Dakota Community Bank 8.04% 449
3 Gate City Bank 7.97% 445
4 Abn Amro Mortgage Group, Inc. 7.67% 428
5 Countrywide Home Loans 6.50% 363
6 Starion Financial 4.96% 277
7 Countrywide Bank, N.A. 3.31% 185
8 American Bank Center First 3.17% 177
9 Phh Mortgage Corporation 2.71% 151
10 Capital Credit Union 2.62% 146