Government Shutdown Assistance:
We’re Right Beside You.

If you are a federal employee and experiencing financial impact due to the government shutdown, we’re here to help! We may be able to assist you with:

  • Short-term loans with no fees or interest
  • Loan payment assistance options

Please reach out to your lender, call 701-293-2400, or email us at OnlineBanking@GateCity.Bank today. Learn more >

Loan-to-Value (LTV) Ratio

Definition

The ratio of the loan principal (amount borrowed) to the appraised value (selling price). For example, on a $100,000 home with a mortgage loan principal of $80,000, the LTV is 80%. The LTV will affect programs available to the borrower. Generally, the lower the LTV, the more favorable the program terms offered by lenders.