Gate City Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Gate City Bank 2021 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Gate City Bank 500 2Nd Ave N Fargo, ND 58102 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 8,053 |
| Total Mortgage Loan Application Amount | $1,693,755,000 |
| Average Mortgage Loan Application Amount | $163,800 |
| Highest Mortgage Loan Application Amount | $18,105,000 |
| Average Applicant Income | $112,000 |
| Highest Applicant Income | $1,793,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Gate City Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Gate City Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down Gate City Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Gate City Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Gate City Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Gate City Bank's mortgage activity for 2021.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cass County North Dakota | 1,827 | $ 414,095,000 | $ 226,000 | $ 117,000 |
| Burleigh County North Dakota | 1,152 | $ 275,520,000 | $ 239,000 | $ 115,000 |
| Ward County North Dakota | 576 | $ 120,090,000 | $ 208,000 | $ 100,000 |
| Clay County Minnesota | 558 | $ 104,780,000 | $ 187,000 | $ 94,000 |
| Grand Forks County North Dakota | 555 | $ 103,145,000 | $ 185,000 | $ 104,000 |
| Morton County North Dakota | 349 | $ 72,065,000 | $ 206,000 | $ 101,000 |
| Otter Tail County Minnesota | 315 | $ 64,265,000 | $ 204,000 | $ 116,000 |
| Williams County North Dakota | 219 | $ 54,495,000 | $ 248,000 | $ 111,000 |
| Stark County North Dakota | 170 | $ 31,010,000 | $ 182,000 | $ 107,000 |
| Stutsman County North Dakota | 133 | $ 21,395,000 | $ 160,000 | $ 88,000 |
| Becker County Minnesota | 126 | $ 39,050,000 | $ 309,000 | $ 164,000 |
| Douglas County Minnesota | 121 | $ 23,645,000 | $ 195,000 | $ 100,000 |
| Polk County Minnesota | 117 | $ 21,145,000 | $ 180,000 | $ 103,000 |
| Ramsey County North Dakota | 94 | $ 15,020,000 | $ 159,000 | $ 90,000 |
| Richland County North Dakota | 89 | $ 14,655,000 | $ 164,000 | $ 92,000 |
| Stearns County Minnesota | 53 | $ 10,145,000 | $ 191,000 | $ 96,000 |
| Foster County North Dakota | 53 | $ 6,245,000 | $ 117,000 | $ 90,000 |
| McLean County North Dakota | 48 | $ 8,220,000 | $ 171,000 | $ 136,000 |
| Traill County North Dakota | 45 | $ 6,825,000 | $ 151,000 | $ 100,000 |
| Wilkin County Minnesota | 44 | $ 6,730,000 | $ 152,000 | $ 82,000 |
| Walsh County North Dakota | 36 | $ 3,980,000 | $ 110,000 | $ 90,000 |
| Mercer County North Dakota | 29 | $ 5,035,000 | $ 173,000 | $ 111,000 |
| Maricopa County Arizona | 26 | $ 5,870,000 | $ 225,000 | $ 175,000 |
| Hennepin County Minnesota | 24 | $ 6,610,000 | $ 275,000 | $ 170,000 |
| McHenry County North Dakota | 22 | $ 3,190,000 | $ 145,000 | $ 103,000 |
| Renville County North Dakota | 21 | $ 2,655,000 | $ 126,000 | $ 97,000 |
| Bottineau County North Dakota | 19 | $ 3,995,000 | $ 210,000 | $ 114,000 |
| Sherburne County Minnesota | 16 | $ 4,420,000 | $ 276,000 | $ 141,000 |
| Barnes County North Dakota | 15 | $ 2,475,000 | $ 165,000 | $ 87,000 |
| Mountrail County North Dakota | 15 | $ 4,245,000 | $ 283,000 | $ 159,000 |
| Hubbard County Minnesota | 13 | $ 3,425,000 | $ 263,000 | $ 141,000 |
| McKenzie County North Dakota | 13 | $ 3,455,000 | $ 265,000 | $ 129,000 |
| Benton County Minnesota | 12 | $ 1,820,000 | $ 151,000 | $ 84,000 |
| Grant County Minnesota | 12 | $ 1,310,000 | $ 109,000 | $ 73,000 |
| Pope County Minnesota | 12 | $ 1,730,000 | $ 144,000 | $ 60,000 |
| Nelson County North Dakota | 12 | $ 1,560,000 | $ 130,000 | $ 74,000 |
| Dakota County Minnesota | 10 | $ 2,980,000 | $ 298,000 | $ 140,000 |
| Marshall County Minnesota | 10 | $ 1,330,000 | $ 133,000 | $ 83,000 |
| Eddy County North Dakota | 10 | $ 1,040,000 | $ 104,000 | $ 71,000 |
| Logan County North Dakota | 9 | $ 975,000 | $ 108,000 | $ 105,000 |
| Pembina County North Dakota | 9 | $ 1,225,000 | $ 136,000 | $ 88,000 |
| Ransom County North Dakota | 9 | $ 1,565,000 | $ 173,000 | $ 104,000 |
| Beltrami County Minnesota | 8 | $ 1,310,000 | $ 163,000 | $ 112,000 |
| Clearwater County Minnesota | 8 | $ 700,000 | $ 87,000 | $ 135,000 |
| Norman County Minnesota | 8 | $ 810,000 | $ 101,000 | $ 69,000 |
| Wright County Minnesota | 8 | $ 1,890,000 | $ 236,000 | $ 150,000 |
| Benson County North Dakota | 8 | $ 1,420,000 | $ 177,000 | $ 166,000 |
| Burke County North Dakota | 8 | $ 950,000 | $ 118,000 | $ 93,000 |
| Rolette County North Dakota | 7 | $ 1,065,000 | $ 152,000 | $ 79,000 |
| Ramsey County Minnesota | 6 | $ 1,350,000 | $ 225,000 | $ 158,000 |
| Todd County Minnesota | 6 | $ 1,040,000 | $ 173,000 | $ 107,000 |
| Emmons County North Dakota | 6 | $ 810,000 | $ 135,000 | $ 68,000 |
| Sargent County North Dakota | 6 | $ 1,060,000 | $ 176,000 | $ 143,000 |
| Wells County North Dakota | 6 | $ 990,000 | $ 165,000 | $ 72,000 |
| Mahnomen County Minnesota | 5 | $ 835,000 | $ 167,000 | $ 141,000 |
| Pennington County Minnesota | 5 | $ 775,000 | $ 155,000 | $ 81,000 |
| St. Louis County Minnesota | 5 | $ 2,205,000 | $ 441,000 | $ 264,000 |
| Stevens County Minnesota | 5 | $ 595,000 | $ 119,000 | $ 123,000 |
| Washington County Minnesota | 5 | $ 2,085,000 | $ 417,000 | $ 279,000 |
| Gallatin County Montana | 5 | $ 2,305,000 | $ 461,000 | $ 182,000 |
| Adams County North Dakota | 5 | $ 655,000 | $ 131,000 | $ 49,000 |
| LaMoure County North Dakota | 5 | $ 605,000 | $ 121,000 | $ 101,000 |
| Oliver County North Dakota | 5 | $ 625,000 | $ 125,000 | $ 82,000 |
| Towner County North Dakota | 5 | $ 615,000 | $ 123,000 | $ 58,000 |
| Pinal County Arizona | 4 | $ 930,000 | $ 232,000 | $ 216,000 |
| Chisago County Minnesota | 4 | $ 1,200,000 | $ 300,000 | $ 232,000 |
| Crow Wing County Minnesota | 4 | $ 750,000 | $ 187,000 | $ 72,000 |
| Morrison County Minnesota | 4 | $ 820,000 | $ 205,000 | $ 52,000 |
| Olmsted County Minnesota | 4 | $ 1,910,000 | $ 477,000 | $ 168,000 |
| Roseau County Minnesota | 4 | $ 720,000 | $ 180,000 | $ 72,000 |
| Cavalier County North Dakota | 4 | $ 490,000 | $ 122,000 | $ 82,000 |
| Griggs County North Dakota | 4 | $ 600,000 | $ 150,000 | $ 98,000 |
| Hettinger County North Dakota | 4 | $ 480,000 | $ 120,000 | $ 102,000 |
| Pierce County North Dakota | 4 | $ 590,000 | $ 147,000 | $ 40,000 |
| Steele County North Dakota | 4 | $ 590,000 | $ 147,000 | $ 114,000 |
| Anoka County Minnesota | 3 | $ 585,000 | $ 195,000 | $ 92,000 |
| Carver County Minnesota | 3 | $ 1,225,000 | $ 408,000 | $ 161,000 |
| Isanti County Minnesota | 3 | $ 305,000 | $ 101,000 | $ 40,000 |
| Lake of the Woods County Minnesota | 3 | $ 365,000 | $ 121,000 | $ 130,000 |
| Pipestone County Minnesota | 3 | $ 495,000 | $ 165,000 | $ 69,000 |
| Red Lake County Minnesota | 3 | $ 465,000 | $ 155,000 | $ 107,000 |
| Wadena County Minnesota | 3 | $ 375,000 | $ 125,000 | $ 77,000 |
| Roosevelt County Montana | 3 | $ 255,000 | $ 85,000 | $ 52,000 |
| Billings County North Dakota | 3 | $ 445,000 | $ 148,000 | $ 43,000 |
| Kidder County North Dakota | 3 | $ 705,000 | $ 235,000 | $ 110,000 |
| Tarrant County Texas | 3 | $ 475,000 | $ 158,000 | $ 217,000 |
| Jefferson County West Virginia | 3 | $ 1,455,000 | $ 485,000 | $ 114,000 |
| Mohave County Arizona | 2 | $ 480,000 | $ 240,000 | $ 83,000 |
| Pima County Arizona | 2 | $ 500,000 | $ 250,000 | $ 61,000 |
| Riverside County California | 2 | $ 980,000 | $ 490,000 | $ 144,000 |
| Weld County Colorado | 2 | $ 710,000 | $ 355,000 | $ 100,000 |
| District of Columbia County District Of Columbia | 2 | $ 640,000 | $ 320,000 | $ 265,000 |
| Lee County Florida | 2 | $ 760,000 | $ 380,000 | $ 223,000 |
| Manatee County Florida | 2 | $ 740,000 | $ 370,000 | $ 143,000 |
| Carlton County Minnesota | 2 | $ 290,000 | $ 145,000 | $ 74,000 |
| Cass County Minnesota | 2 | $ 800,000 | $ 400,000 | $ 162,000 |
| Kandiyohi County Minnesota | 2 | $ 440,000 | $ 220,000 | $ 57,000 |
| Kittson County Minnesota | 2 | $ 160,000 | $ 80,000 | $ 31,000 |
| McLeod County Minnesota | 2 | $ 370,000 | $ 185,000 | $ 109,000 |
| Scott County Minnesota | 2 | $ 1,250,000 | $ 625,000 | $ 160,000 |
| Wabasha County Minnesota | 2 | $ 430,000 | $ 215,000 | $ 0 |
| Yellowstone County Montana | 2 | $ 620,000 | $ 310,000 | $ 152,000 |
| Clark County Nevada | 2 | $ 620,000 | $ 310,000 | $ 128,000 |
| Dunn County North Dakota | 2 | $ 780,000 | $ 390,000 | $ 112,000 |
| Grant County North Dakota | 2 | $ 100,000 | $ 50,000 | $ 45,000 |
| Luzerne County Pennsylvania | 2 | $ 420,000 | $ 210,000 | $ 121,000 |
| Brookings County South Dakota | 2 | $ 390,000 | $ 195,000 | $ 98,000 |
| Custer County South Dakota | 2 | $ 500,000 | $ 250,000 | $ 160,000 |
| Lawrence County South Dakota | 2 | $ 830,000 | $ 415,000 | $ 193,000 |
| Meade County South Dakota | 2 | $ 330,000 | $ 165,000 | $ 48,000 |
| Minnehaha County South Dakota | 2 | $ 420,000 | $ 210,000 | $ 45,000 |
| Roberts County South Dakota | 2 | $ 370,000 | $ 185,000 | $ 114,000 |
| Walworth County South Dakota | 2 | $ 220,000 | $ 110,000 | $ 52,000 |
| McLennan County Texas | 2 | $ 130,000 | $ 65,000 | $ 96,000 |
| Pierce County Wisconsin | 2 | $ 530,000 | $ 265,000 | $ 95,000 |
| Boulder County Colorado | 1 | $ 285,000 | $ 285,000 | $ 101,000 |
| Jefferson County Colorado | 1 | $ 405,000 | $ 405,000 | $ 120,000 |
| Larimer County Colorado | 1 | $ 245,000 | $ 245,000 | $ 47,000 |
| Litchfield County Connecticut | 1 | $ 215,000 | $ 215,000 | $ 57,000 |
| Bay County Florida | 1 | $ 225,000 | $ 225,000 | $ 160,000 |
| Brevard County Florida | 1 | $ 365,000 | $ 365,000 | $ 107,000 |
| Flagler County Florida | 1 | $ 195,000 | $ 195,000 | $ 79,000 |
| Pasco County Florida | 1 | $ 295,000 | $ 295,000 | $ 119,000 |
| Santa Rosa County Florida | 1 | $ 145,000 | $ 145,000 | $ 100,000 |
| Sumter County Florida | 1 | $ 265,000 | $ 265,000 | $ 122,000 |
| Carroll County Georgia | 1 | $ 165,000 | $ 165,000 | $ 139,000 |
| Fulton County Georgia | 1 | $ 265,000 | $ 265,000 | $ 339,000 |
| Houston County Georgia | 1 | $ 185,000 | $ 185,000 | $ 59,000 |
| Hawaii County Hawaii | 1 | $ 195,000 | $ 195,000 | $ 185,000 |
| Wayne County Indiana | 1 | $ 235,000 | $ 235,000 | $ 220,000 |
| Cerro Gordo County Iowa | 1 | $ 95,000 | $ 95,000 | $ 98,000 |
| St. Bernard County Louisiana | 1 | $ 225,000 | $ 225,000 | $ 83,000 |
| Charlevoix County Michigan | 1 | $ 205,000 | $ 205,000 | $ 87,000 |
| Houghton County Michigan | 1 | $ 205,000 | $ 205,000 | $ 112,000 |
| Cottonwood County Minnesota | 1 | $ 455,000 | $ 455,000 | $ 200,000 |
| Faribault County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Freeborn County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 79,000 |
| Itasca County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 68,000 |
| Koochiching County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 62,000 |
| Lac qui Parle County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 97,000 |
| Le Sueur County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 84,000 |
| Mille Lacs County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 107,000 |
| Renville County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 44,000 |
| Rice County Minnesota | 1 | $ 715,000 | $ 715,000 | $ 0 |
| Steele County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 50,000 |
| Swift County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 49,000 |
| Traverse County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 31,000 |
| Itawamba County Mississippi | 1 | $ 95,000 | $ 95,000 | $ 108,000 |
| Jones County Mississippi | 1 | $ 95,000 | $ 95,000 | $ 79,000 |
| Lowndes County Mississippi | 1 | $ 165,000 | $ 165,000 | $ 59,000 |
| Boone County Missouri | 1 | $ 315,000 | $ 315,000 | $ 125,000 |
| Buchanan County Missouri | 1 | $ 225,000 | $ 225,000 | $ 56,000 |
| Cascade County Montana | 1 | $ 145,000 | $ 145,000 | $ 58,000 |
| Lewis and Clark County Montana | 1 | $ 335,000 | $ 335,000 | $ 90,000 |
| Powell County Montana | 1 | $ 95,000 | $ 95,000 | $ 85,000 |
| Sheridan County Montana | 1 | $ 45,000 | $ 45,000 | $ 51,000 |
| Silver Bow County Montana | 1 | $ 205,000 | $ 205,000 | $ 45,000 |
| Valley County Montana | 1 | $ 195,000 | $ 195,000 | $ 118,000 |
| Cass County Nebraska | 1 | $ 405,000 | $ 405,000 | $ 284,000 |
| Washoe County Nevada | 1 | $ 205,000 | $ 205,000 | $ 135,000 |
| Essex County New Jersey | 1 | $ 395,000 | $ 395,000 | $ 675,000 |
| Eddy County New Mexico | 1 | $ 255,000 | $ 255,000 | $ 72,000 |
| Rockingham County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 90,000 |
| Bowman County North Dakota | 1 | $ 215,000 | $ 215,000 | $ 157,000 |
| Dickey County North Dakota | 1 | $ 175,000 | $ 175,000 | $ 70,000 |
| Divide County North Dakota | 1 | $ 145,000 | $ 145,000 | $ 109,000 |
| McIntosh County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 146,000 |
| Sheridan County North Dakota | 1 | $ 45,000 | $ 45,000 | $ 188,000 |
| Butte County South Dakota | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Codington County South Dakota | 1 | $ 225,000 | $ 225,000 | $ 67,000 |
| Lincoln County South Dakota | 1 | $ 565,000 | $ 565,000 | $ 275,000 |
| Pennington County South Dakota | 1 | $ 105,000 | $ 105,000 | $ 55,000 |
| Dallas County Texas | 1 | $ 275,000 | $ 275,000 | $ 196,000 |
| Fort Bend County Texas | 1 | $ 205,000 | $ 205,000 | $ 131,000 |
| Lubbock County Texas | 1 | $ 225,000 | $ 225,000 | $ 188,000 |
| Montgomery County Texas | 1 | $ 245,000 | $ 245,000 | $ 96,000 |
| Williamson County Texas | 1 | $ 295,000 | $ 295,000 | $ 271,000 |
| Iron County Utah | 1 | $ 215,000 | $ 215,000 | $ 165,000 |
| King County Washington | 1 | $ 225,000 | $ 225,000 | $ 106,000 |
| Kitsap County Washington | 1 | $ 315,000 | $ 315,000 | $ 90,000 |
| Snohomish County Washington | 1 | $ 185,000 | $ 185,000 | $ 242,000 |
| Whitman County Washington | 1 | $ 385,000 | $ 385,000 | $ 279,000 |
| Barron County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 63,000 |
| Ozaukee County Wisconsin | 1 | $ 415,000 | $ 415,000 | $ 108,000 |
| Campbell County Wyoming | 1 | $ 205,000 | $ 205,000 | $ 104,000 |
Mortgage Loan Application Detail Totals for Gate City Bank in 2021
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 3,378 | $845,850,000 | $250,000 | $18,105,000 | $97,000 | $1,793,000 |
| Refinancing | 2,378 | $473,450,000 | $199,000 | $1,465,000 | $107,000 | $757,000 |
| Cash-out Refinancing | 1,367 | $307,595,000 | $225,000 | $1,045,000 | $109,000 | $1,260,000 |
| Home Improvement | 500 | $31,070,000 | $62,000 | $455,000 | $122,000 | $1,253,000 |
| Other Purpose | 430 | $35,790,000 | $83,000 | $805,000 | $125,000 | $665,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 6,894 | $1,432,610,000 | $207,000 | $1,505,000 | $105,000 | $1,793,000 |
| Not Provided | 555 | $112,745,000 | $203,000 | $1,075,000 | $122,000 | $1,260,000 |
| Not applicable | 251 | $75,055,000 | $299,000 | $18,105,000 | $0 | $0 |
| Hispanic | 105 | $19,675,000 | $187,000 | $445,000 | $76,000 | $359,000 |
| American Indian or Alaskan Native | 92 | $18,240,000 | $198,000 | $525,000 | $80,000 | $315,000 |
| Black or African American | 81 | $17,395,000 | $214,000 | $645,000 | $78,000 | $288,000 |
| Asian | 59 | $14,315,000 | $242,000 | $675,000 | $110,000 | $541,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $1,190,000 | $198,000 | $365,000 | $81,000 | $103,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 7,174 | $1,509,610,000 | $210,000 | $18,105,000 | $110,000 | $1,793,000 |
| FHA-insured (Federal Housing Administration) | 509 | $97,365,000 | $191,000 | $365,000 | $60,000 | $300,000 |
| VA-guaranteed (Veterans Administration) | 268 | $70,340,000 | $262,000 | $755,000 | $90,000 | $293,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 102 | $16,440,000 | $161,000 | $355,000 | $58,000 | $630,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 6,049 | $1,276,195,000 | $210,000 | $18,105,000 | $111,000 | $1,221,000 |
| Application Withdrawn By Applicant | 772 | $181,040,000 | $234,000 | $1,505,000 | $115,000 | $1,793,000 |
| Preapproval Denied by Financial Institution | 703 | $143,145,000 | $203,000 | $755,000 | $59,000 | $630,000 |
| Application Denied By Financial Institution | 399 | $71,485,000 | $179,000 | $1,585,000 | $77,000 | $686,000 |
| File Closed For Incompleteness | 69 | $12,635,000 | $183,000 | $405,000 | $102,000 | $491,000 |
| Application Approved But Not Accepted | 61 | $9,255,000 | $151,000 | $575,000 | $128,000 | $1,253,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not applicable | 6,951 | $1,479,125,000 | $212,000 | $18,105,000 | $112,000 | $1,793,000 |
| Debt-To-Income Ratio | 515 | $106,225,000 | $206,000 | $1,585,000 | $51,000 | $422,000 |
| Credit History | 364 | $67,860,000 | $186,000 | $745,000 | $75,000 | $630,000 |
| Credit Application Incomplete | 88 | $19,400,000 | $220,000 | $585,000 | $87,000 | $686,000 |
| Collateral | 64 | $7,920,000 | $123,000 | $395,000 | $85,000 | $222,000 |
| Employment History | 36 | $7,450,000 | $206,000 | $415,000 | $50,000 | $127,000 |
| Other | 30 | $4,850,000 | $161,000 | $445,000 | $106,000 | $295,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $925,000 | $185,000 | $225,000 | $65,000 | $82,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Gate City Bank's 2021 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Gate City Bank's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in North Dakota, download the full spreadsheet
with aggregated HMDA statistics today.