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GATE CITY BANK 500 2ND AVENUE NORTH
FARGO, 58102

2008 Mortgage Research Clay Minnesota US
Total Applications 323 484 3,507
Average Loan $90.1k $108.2k $102.4k
Loan to Income Ratio 1.28 1.32 1.35
Subprime Loans 1.86% 1.45% 2.11%
Refinancing Loans 29.41% 33.68% 30.97%
Principal Dwellings 98.14% 96.07% 98.32%
Rejected Applications 9.60% 8.06% 5.67%
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