Key Questions:

1. Who are the leading lenders in Providence, Rhode Island?
   1. The leading lenders, by market share, are Jpmorgan Chase Bank, Na, Countrywide Bank, Fsb and Rbs Citizens, N.A.. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Providence, Rhode Island be in paying off their mortgage?
   1. Homeowners in Providence, Rhode Island borrowed an average of 2.19 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 Providence, Rhode Island homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Providence, Rhode Island to actually live in them?
   1. 91.3% of home owners in Providence, Rhode Island 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 Providence, Rhode Island to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Providence, Rhode Island were meaningfully less than the national average in 2008. That is to say, Providence, Rhode Island will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Providence, Rhode Island - 4.1% versus 4.8% - will reset to higher rates in 2009.