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Key Questions:

    1. How at risk is Weston, Wyoming to the subprime mortgage crisis?
    2. Subprime loans taken out by home owners in Weston, Wyoming were meaningful more than the national average in 2006. That is to say, Weston, Wyoming will likely be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in Weston, Wyoming - 15.0% versus 12.0% - will reset to higher rates in 2008. This will likely trigger a higher amount of foreclosures caused by the reseting of subprime mortgages in Weston, Wyoming than other areas of the US.
    1. How stretched will home owners in Weston, Wyoming be in paying off their mortgage?
    2. Homeowners in Weston, Wyoming borrowed an average of 1.35 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 Weston, Wyoming homeowners will default on their mortgage payments in the coming years.
    1. Who are the leading lenders in Weston, Wyoming?
    2. The leading lenders, by market share, are Pinnacle Bank-Wyoming, Wells Fargo Bank, Na and Gmac Mortgage Llc. Do you have the best rate possible? Get quotes from mortgage lenders.
    1. How likely are the owners of homes in Weston, Wyoming to actually live in them?
    2. 93.2% of home owners in Weston, Wyoming 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 Weston Wyoming US
Total Applications 501 49,799 33,304,682
Average Loan $100.0k $136.8k $184.9k
Loan to Income Ratio 1.35 1.59 1.83
Subprime Loans 14.97% 11.53% 11.98%
Refinancing Loans 44.91% 45.83% 50.05%
Principal Dwellings 93.21% 90.72% 88.97%
Rejected Applications 7.19% 10.59% 12.36%

Nearby Counties:   Crook, Niobrara, Campbell, Converse, Platte

Top Ten Lenders
# Name Share Apps
1 Pinnacle Bank-Wyoming 10.78% 54
2 Wells Fargo Bank, Na 9.18% 46
3 Gmac Mortgage Llc 6.79% 34
4 Wells Fargo Fin'L Wyoming, Inc 6.19% 31
5 Countrywide Home Loans 6.19% 31
6 Beneficial Company Llc 5.19% 26
7 Suntrust Mortgage, Inc 5.19% 26
8 First Interstate Bank 2.79% 14
9 Ameriquest Mortgage Company 2.79% 14
10 Nationstar Mortgage Llc 2.59% 13