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Key Questions:

    1. How at risk is Blaine, Oklahoma to the subprime mortgage crisis?
    2. Loans taken out by home owners in Blaine, Oklahoma are within a +/- 10 percent band of the national average. That is to say, Blaine, Oklahoma will likely be affected by the subprime mortgage crisis just like the average county in the US.
    1. How stretched will home owners in Blaine, Oklahoma be in paying off their mortgage?
    2. Homeowners in Blaine, Oklahoma borrowed an average of 1.25 times their annual income for their mortgage. This compares to 1.83 for all of the US. Based on the national average, a significantly lower risk that Blaine, Oklahoma homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Blaine, Oklahoma?
    2. The leading lenders, by market share, are Beneficial Company Llc, Countrywide Home Loans and Wells Fargo Funding, Inc. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Blaine, Oklahoma to actually live in them?
    2. 93.2% of home owners in Blaine, Oklahoma 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 Blaine Oklahoma US
Total Applications 399 296,801 33,304,682
Average Loan $65.1k $94.6k $184.9k
Loan to Income Ratio 1.25 1.29 1.83
Subprime Loans 12.78% 12.66% 11.98%
Refinancing Loans 48.37% 43.07% 50.05%
Principal Dwellings 93.23% 90.17% 88.97%
Rejected Applications 14.29% 12.07% 12.36%

Nearby Counties:   Major, Kingfisher, Canadian, Dewey, Custer

Top Ten Lenders
# Name Share Apps
1 Beneficial Company Llc 7.52% 30
2 Countrywide Home Loans 6.77% 27
3 Wells Fargo Funding, Inc 3.51% 14
4 Jpmorgan Chase Bank 3.51% 14
5 American Home Mortgage Corp. 3.26% 13
6 Vanderbilt Mortgage 2.76% 11
7 Gmac Mortgage Llc 2.76% 11
8 Hfc Company Llc 2.26% 9
9 Ameriquest Mortgage Company 2.26% 9
10 Accredited Home Lenders, Inc 2.26% 9