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US BANK, N.A. 777 EAST WISCONSIN AVE
MILWAUKEE, 53202-5300

2008 Mortgage Research Cochise Arizona US
Total Applications 220 7,022 231,155
Average Loan $181.6k $199.2k $185.0k
Loan to Income Ratio 2.44 2.02 1.94
Subprime Loans 4.55% 3.00% 3.21%
Refinancing Loans 33.64% 33.87% 39.98%
Principal Dwellings 95% 88.21% 92.70%
Rejected Applications 7.27% 9.71% 13.29%
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