Key Questions:

1. How at risk is Monroe, Tennessee to the subprime mortgage crisis?
   1. Loans taken out by home owners in Monroe, Tennessee are within a +/- 10 percent band of the national average. That is to say, Monroe, Tennessee will likely be affected by the subprime mortgage crisis just like the average county in the US.
2. How stretched will home owners in Monroe, Tennessee be in paying off their mortgage?
   1. Homeowners in Monroe, Tennessee borrowed an average of 1.61 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 Monroe, Tennessee homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Monroe, Tennessee?
   1. The leading lenders, by market share, are Countrywide Home Loans, Vanderbilt Mortgage and Branch Banking And Trust Co. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Monroe, Tennessee to actually live in them?
   1. 88.8% of home owners in Monroe, Tennessee 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%.