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!!)
To: ken5050
His reply to your question: "No real meaning, but since most of the counties that this credit union lends in are Prince Georges, 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
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