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WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, 50328

2008 Mortgage Research Vermont US
Total Applications 963 1,135,800
Average Loan $204.9k $220.6k
Loan to Income Ratio 1.53 2.03
Subprime Loans 3.63% 3.21%
Refinancing Loans 52.75% 47.39%
Principal Dwellings 74.14% 90.29%
Rejected Applications 16.41% 21.04%
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