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WalletHub: Texas city home to most overloaded mortgage debtorsWalletHub: Texas city home to most overloaded mortgage debtorshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=240622020-03-25T05:00:00Z2020-03-25T15:00:00Z

​​​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. 

texaslogo.pngThe Real Estate Center has more information on housing:​
WalletHub
Houston-The Woodlands-Sugar Land
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