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Key Questions:

    1. How at risk is Cabell, West Virginia to the subprime mortgage crisis?
    2. Loans taken out by home owners in Cabell, West Virginia are within a +/- 10 percent band of the national average. That is to say, Cabell, West Virginia will likely be affected by the subprime mortgage crisis just like the average county in the US.
    1. How stretched will home owners in Cabell, West Virginia be in paying off their mortgage?
    2. Homeowners in Cabell, West Virginia borrowed an average of 1.30 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 Cabell, West Virginia homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Cabell, West Virginia?
    2. The leading lenders, by market share, are Jpmorgan Chase Bank, City National Bank Of Wv and Beneficial Company Llc. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Cabell, West Virginia to actually live in them?
    2. 89.7% of home owners in Cabell, West Virginia 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 Cabell West Virginia US
Total Applications 5,738 118,174 33,304,682
Average Loan $83.9k $104.0k $184.9k
Loan to Income Ratio 1.30 1.46 1.83
Subprime Loans 10.86% 12.81% 11.98%
Refinancing Loans 47.73% 48.95% 50.05%
Principal Dwellings 89.68% 91.04% 88.97%
Rejected Applications 18.14% 14.79% 12.36%

Nearby Counties:   Lincoln, Wayne, Putnam, Mason, Boone

Top Ten Lenders
# Name Share Apps
1 Jpmorgan Chase Bank 7.65% 439
2 City National Bank Of Wv 7.37% 423
3 Beneficial Company Llc 6.06% 348
4 Countrywide Home Loans 5.07% 291
5 Branch Banking And Trust Co 4.34% 249
6 Vanderbilt Mortgage 3.80% 218
7 Gmac Mortgage Llc 3.62% 208
8 Huntington Federal Savings Bk 3.31% 190
9 Wells Fargo Finl West Virginia 3.31% 190
10 Fifth Third Mortgage Company 3.17% 182