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Key Questions:

    1. How at risk is Auglaize, Ohio to the subprime mortgage crisis?
    2. Loans taken out by home owners in Auglaize, Ohio are within a +/- 10 percent band of the national average. That is to say, Auglaize, Ohio will likely be affected by the subprime mortgage crisis just like the average county in the US.
    1. How stretched will home owners in Auglaize, Ohio be in paying off their mortgage?
    2. Homeowners in Auglaize, Ohio borrowed an average of 1.46 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 Auglaize, Ohio homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Auglaize, Ohio?
    2. The leading lenders, by market share, are Jpmorgan Chase Bank, Superior Federal Credit Union and Beneficial Company Llc. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Auglaize, Ohio to actually live in them?
    2. 95.0% of home owners in Auglaize, Ohio 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 Auglaize Ohio US
Total Applications 3,271 1,026,780 33,304,682
Average Loan $90.6k $110.1k $184.9k
Loan to Income Ratio 1.46 1.51 1.83
Subprime Loans 10.91% 11.61% 11.98%
Refinancing Loans 59.03% 53.72% 50.05%
Principal Dwellings 95.05% 90.79% 88.97%
Rejected Applications 17.03% 15.33% 12.36%

Nearby Counties:   Shelby, Allen, Mercer, Van Wert, Putnam

Top Ten Lenders
# Name Share Apps
1 Jpmorgan Chase Bank 12.14% 397
2 Superior Federal Credit Union 5.90% 193
3 Beneficial Company Llc 5.23% 171
4 Fifth Third Mortgage Company 4.22% 138
5 Citifinancial, Inc. 3.91% 128
6 Countrywide Home Loans 3.15% 103
7 Wells Fargo Bank, Na 2.72% 89
8 Nationstar Mortgage Llc 2.35% 77
9 National City Bank 2.26% 74
10 First Natl. Bank In New Bremen 2.20% 72