Key Questions:

1. Who are the leading lenders in Kitsap, Washington?
   1. The leading lenders, by market share, are Countrywide Bank, Fsb, Jpmorgan Chase Bank, Na and Wells Fargo Bank, Na. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Kitsap, Washington be in paying off their mortgage?
   1. Homeowners in Kitsap, Washington borrowed an average of 2.48 times their annual income for their mortgage. This compares to 1.97 for all of the US. Based on the national average, a signficantly higher risk that Kitsap, Washington homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Kitsap, Washington to actually live in them?
   1. 91.4% of home owners in Kitsap, Washington 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 Kitsap, Washington to the subprime mortgage crisis?
   1. There were significantly less subprime loans taken out by home owners in Kitsap, Washington than the national average in 2008. That is to say, Kitsap, Washington will be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Kitsap, Washington - 2.3% versus 4.8% - will reset to higher rates in 2009. This will mean that there will be less foreclosures caused by the reseting of subprime mortgages in Kitsap, Washington than other areas of the US.