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Key Questions:

    1. Who are the leading lenders in Klickitat, Washington?
    2. The leading lenders, by market share, are Countrywide Bank, Fsb, Wells Fargo Bank, Na and Wells Fargo Funding, Inc. Do you have the best rate possible? Find out your credit score or browse
    1. How stretched will home owners in Klickitat, Washington be in paying off their mortgage?
    2. Homeowners in Klickitat, Washington borrowed an average of 2.17 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 Klickitat, Washington homeowners will default on their mortgage payments in the coming years.
    1. How likely are the owners of homes in Klickitat, Washington to actually live in them?
    2. 86.2% of home owners in Klickitat, 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%.
    1. How at risk is Klickitat, Washington to the subprime mortgage crisis?
    2. Loans taken out by home owners in Klickitat, Washington are within a +/- 10 percent band of the national average. That is to say, Klickitat, Washington will likely be affected by the subprime mortgage crisis just like the average county in the US.
2008 Mortgage Research Klickitat Washington US
Total Applications 1,178 485,622 17,391,570
Average Loan $180.9k $248.0k $198.2k
Loan to Income Ratio 2.17 2.40 1.97
Subprime Loans 4.92% 2.68% 4.81%
Refinancing Loans 62.14% 62.13% 52.52%
Principal Dwellings 86.16% 90.81% 90.00%
Rejected Applications 13.33% 11.61% 15.15%

Nearby Counties:   Yakima, Skamania, Kittitas, Benton, Clark

WASHINGTON Mortgage Rates
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Top Ten Lenders
# Name Share Apps
1 Countrywide Bank, Fsb 11.34% 135
2 Wells Fargo Bank, Na 7.72% 79
3 Wells Fargo Funding, Inc 5.88% 53
4 Jpmorgan Chase Bank, Na 5.25% 58
5 M&T Bank 4.97% 42
6 Gmac Mortgage Llc 2.90% 30
7 Hfc Company Llc 2.80% 26
8 Riverview Community Bank 2.70% 42
9 Columbia River Bank 2.69% 41
10 Gb Mortgage, Llc 2.34% 23