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King of Prussia

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Whether you are a first time home buyer or trading up to a larger home, we work to find the best home loan 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 King of Prussia Home Loans

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 mortgage lender in King of Prussia, 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 Orange 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.

King of Prussia Pennsylvania Overview & Statistics

King of Prussia Overview

As of 2007, King of Prussia's population is 18,570 people. Since 2000, it has had a population growth of 0.32 percent.

The median home cost in King of Prussia is $325,000. Home appreciation the last year has been 1.59 percent.

Compared to the rest of the country, King of Prussia's cost of living is 6.36% Higher than the U.S. average.

King of Prussia public schools spend $11,400 per student. The average school expenditure in the U.S. is $6,058. There are about 15 students per teacher in King of Prussia.

The unemployment rate in King of Prussia is 3.40 percent U.S. avg. is 4.60%). Recent job growth is Negative. King of Prussia jobs have Decreased by 0.09 percent.

King of Prussia Climate

King of Prussia, PA, gets 44 inches of rain per year. The US average is 37. Snowfall is 22 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 116.

On average, there are 207 sunny days per year in King of Prussia, PA. The July high is around 87 degrees. The January low is 22. Our comfort index, which is based on humidity during the hot months, is a 45 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

King of Prussia Housing

The median home value in King of Prussia, PA, is $325,000. Home appreciation is 1.59% over the last year. The median age of King of Prussia, PA, real estate is 38 years.

King of Prussia, PA Apartments and Rentals

Renters make up 37.63% of the King of Prussia, PA, population. 5.23% of houses and apartments in King of Prussia, PA, are unoccupied (vacancy rate).

King of Prussia Crime

King of Prussia, PA, violent crime, on a scale from 1 (low crime) to 10, is 1. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

King of Prussia, PA, property crime, on a scale from 1 (low) to 10, is 1. 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.

For related resources see also:

www.kingofprussia.com

King of Prussia Real Estate Agents

Pennsylvania First Time Home Buyers Grants

Pennsylvania First Time Home Buyer Programs

Pennsylvania Home Loans

 


   
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