Cincinnati
Home Mortgage Loans
Get The Lowest Interest Rate On
Cincinnati Home Mortgage Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best Cincinnati home
mortgage solution for
you. Constantly surveying the hundreds of mortgage lenders as well as
anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For
Cincinnati Home Mortgages
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a
Cincinnati home mortgage lender, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
At the top of our list right now is ING DIRECT
Cincinnati Home Mortgage.
They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.
They are still approving the majority of applications for Cincinnati
home mortgages. As an added feature that is very customer friendly, ING
will approve online applications in under 3 minutes.
Cincinnati Ohio
Overview & Statistics
Cincinnati Overview
As of 2007, Cincinnati's population is 332,252 people. Since 2000, it has had a population growth of 0.29 percent.
The median home cost in Cincinnati is $148,400. Home appreciation the last year has been -10.17 percent.
Compared to the rest of the country, Cincinnati's cost of living is 20.21% Lower than the U.S. average.
Cincinnati public schools spend $6,517 per student. The average school expenditure in the U.S. is $6,058. There are about 16 students per teacher in Cincinnati.
The unemployment rate in Cincinnati is 5.50 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Cincinnati jobs have Increased by 1.88 percent.
Cincinnati Climate
Cincinnati, OH, gets 40 inches of rain per year. The US average is 37. Snowfall is 8 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 115.
On average, there are 176 sunny days per year in Cincinnati, OH. The July high is around 88 degrees. The January low is 24. Our comfort index, which is based on humidity during the hot months, is a 41 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Cincinnati Housing
The median home value in Cincinnati, OH, is $148,400. Home appreciation is -0.17% over the last year. The median age of Cincinnati, OH, real estate is 55 years.
Cincinnati, OH Apartments and Rentals
Renters make up 54.56% of the Cincinnati, OH, population. 10.83% of houses and apartments in Cincinnati, OH, are unoccupied (vacancy rate).
Cincinnati Crime
Cincinnati, OH, violent crime, on a scale from 1 (low crime) to 10, is 7. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Cincinnati, OH, property crime, on a scale from 1 (low) to 10, is 7. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
Cincinnati Home Mortgage
Resources
Listed below are a variety of resources
relating to Cincinnati home mortgage loans:
Cincinnati Real Estate Agents
Ohio First
Time Home Buyers Grants
Ohio First
Time Home Buyer Programs
Ohio Home Mortgage Loans
www.ci.cincinnati.oh.us
For the latest updated information, visit
Cincinnati Home Mortgage news stories.
Finally, you may want to visit
Mortgage Rates Predictions to find out if now is a good time to apply for a
Cincinnati Home Mortgage Loan.
This
website provides complete state-by-state contact information for down
payment grants. We suggest that you
send for the free CD that takes you step by step through the application
forms to ensure that you complete the grant applications properly.