Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: icwhatudo

Qyick mind math says that makes the average loan size $250K..any special meaning in that?


3 posted on 02/26/2009 9:03:04 AM PST by ken5050 (Don't blame me, I voted for Palin!!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ken5050
His reply to your question: "No real meaning, but since most of the counties that this credit union lends in are Prince George’s, Montgomery, Howard, etc., the loan amounts are actually lower than they could be, because these areas are considered “declining markets,” meaning values are going down. This then means there are even larger restrictions on what this credit union can lend."
7 posted on 02/26/2009 9:13:40 AM PST by icwhatudo
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson