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Key Questions:

    1. How at risk is Clark, Wisconsin to the subprime mortgage crisis?
    2. Loans taken out by home owners in Clark, Wisconsin are within a +/- 10 percent band of the national average. That is to say, Clark, Wisconsin will likely be affected by the subprime mortgage crisis just like the average county in the US.
    1. How stretched will home owners in Clark, Wisconsin be in paying off their mortgage?
    2. Homeowners in Clark, Wisconsin borrowed an average of 1.52 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 Clark, Wisconsin homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Clark, Wisconsin?
    2. The leading lenders, by market share, are Mid-Wisconsin Bank, Associated Bank, N.A. and Abbybank. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Clark, Wisconsin to actually live in them?
    2. 89.2% of home owners in Clark, Wisconsin 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 Clark Wisconsin US
Total Applications 2,217 539,730 33,304,682
Average Loan $88.6k $128.5k $184.9k
Loan to Income Ratio 1.52 1.61 1.83
Subprime Loans 11.41% 11.15% 11.98%
Refinancing Loans 66.44% 59.05% 50.05%
Principal Dwellings 89.22% 90.14% 88.97%
Rejected Applications 13.94% 11.91% 12.36%

Nearby Counties:   Jackson, Taylor, Wood, Eau Claire, Chippewa

Top Ten Lenders
# Name Share Apps
1 Mid-Wisconsin Bank 9.83% 218
2 Associated Bank, N.A. 7.17% 159
3 Abbybank 6.54% 145
4 M&I Marshall & Ilsley Bank 5.73% 127
5 Beneficial Company Llc 5.37% 119
6 Community Bank Of Central Wisc 3.79% 84
7 Countrywide Home Loans 3.74% 83
8 Gmac Mortgage Llc 2.57% 57
9 Ameriquest Mortgage Company 2.21% 49
10 Citifinancial, Inc. 2.17% 48