WASHINGTON – Willis is the city with the most overloaded mortgage debtors, according to a WalletHub study.
The Montgomery County city has a median mortgage debt of $143,676 and a median house value of $82,300 for a mortgage debt-to-house-value ratio of 175 percent.
The median income is $31,250. The mortgage debt-to-income ratio is 460 percent.
Other cities with the most overloaded mortgage debtors include Bell Gardens, Calif.; Ewa Beach, Hawaii; Dumfries, Va.; and Blacklist Estates, Ohio.
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