Residential Finance Survey |
|
Properties with government-insured rental market during all of year preceding survey and cooperatively owned apartments^^ or guaranteed first mortgage | |||||
---|---|---|---|---|---|
Total mortgaged properties |
FHA first mortgage |
Other insured or guaranteed first mortgage@5 |
Properties with privately-insured first mortgage |
Not insured | |
50-or-more housing properties with traditional first mortgage |
61105 | 6261 | 6316 | 4635 | 43893 |
PROPERTY CHARACTERISTICS Property Location by Geographic Area Inside MAs |
56593 | 5409 | 5554 | 4400 | 41229 |
In central cities | 31475 | 3295 | 2013 | 2618 | 23549 |
Not in central cities | 25118 | 2115 | 3541 | 1782 | 17680 |
Outside MAs | 4513 | 852 | 763 | 235 | 2664 |
Number of Housing Units 50 to 74 housing units |
17736 | 1343 | 1977 | 1339 | 13076 |
75 to 99 housing units | 9285 | 1046 | 701 | 700 | 6837 |
100 to 149 housing units | 12855 | 1785 | 780 | 907 | 9384 |
150 to 199 housing units | 7963 | 701 | 1819 | 452 | 4991 |
200 to 299 housing units | 7604 | 857 | 678 | 573 | 5496 |
300 to 499 housing units | 4542 | 377 | 262 | 595 | 3307 |
500 to 999 housing units | 979 | 122 | 89 | 61 | 706 |
1,000 or more housing units | 142 | 29 | 10 | 7 | 96 |
Manner of Acquisition By purchase |
55274 | 5762 | 5758 | 4256 | 39497 |
Placed one new mortgage | 43602 | 4633 | 4721 | 3395 | 30853 |
Placed two or more new mortgages | 3144 | 283 | 337 | 270 | 2254 |
Assumed mortgage(s) already on property | 5072 | 524 | 481 | 413 | 3654 |
Assumed mortgage(s) already on property and placed new mortgage |
1096 | 134 | 45 | 53 | 864 |
Borrowed using assets other than this property as collateral |
438 | 45 | 20 | 34 | 338 |
Paid all cash-no borrowing | 1275 | 104 | 101 | 45 | 1024 |
Other manner | 647 | 38 | 54 | 46 | 510 |
By inheritance or gift | 425 | 45 | 45 | 49 | 287 |
By divorce | 20 | 4 | 5 | 0 | 11 |
By tax free exchange of other property |
728 | 73 | 31 | 52 | 572 |
By foreclosure or assignment | 403 | 27 | 12 | 26 | 337 |
By some other manner | 1401 | 120 | 62 | 85 | 1134 |
Not reported | 2854 | 230 | 403 | 167 | 2055 |
Source of Downpayment@1 Properties purchased 1995 to 2001 (part) |
22844 | 2171 | 1752 | 1704 | 17216 |
Sale of stock or other partnership shares for this project |
3251 | 272 | 194 | 241 | 2544 |
Sale of previously owned stocks, shares, or other securities |
472 | 9 | 39 | 105 | 320 |
Sale of land or other real estate | 2135 | 144 | 230 | 244 | 1518 |
Owner's cash, bank deposits, share accounts, or bonds |
9730 | 788 | 689 | 720 | 7534 |
Borrowing from a retirement plan | 44 | 3 | 0 | 4 | 37 |
Borrowing using assets other than this property as collateral |
1323 | 64 | 34 | 146 | 1079 |
Proceeds from an insurance policy | 31 | 0 | 3 | 0 | 28 |
From a state or local government source | 393 | 20 | 53 | 9 | 311 |
From a non-profit organization | 245 | 31 | 24 | 19 | 171 |
Proceeds from sale of tax credits | 1090 | 96 | 108 | 112 | 774 |
From parents or relatives | 246 | 9 | 0 | 115 | 122 |
Other cash source | 1169 | 137 | 61 | 120 | 851 |
Non-cash source | 214 | 10 | 18 | 9 | 176 |
No downpayment required | 1895 | 404 | 109 | 72 | 1310 |
Not reported | 3238 | 359 | 376 | 200 | 2302 |
Other properties | 37020 | 4001 | 4505 | 2875 | 25639 |
Not reported | 1241 | 89 | 60 | 56 | 1037 |
Year Property Acquired 1999 to 2001 (part) |
10626 | 1192 | 796 | 608 | 8030 |
1997 and 1998 | 9376 | 722 | 591 | 681 | 7381 |
1995 and 1996 | 5465 | 447 | 467 | 561 | 3990 |
1990 to 1994 | 7755 | 826 | 705 | 564 | 5660 |
1985 to 1989 | 8238 | 628 | 778 | 985 | 5847 |
1980 to 1984 | 7377 | 1106 | 580 | 475 | 5216 |
1975 to 1979 | 6270 | 714 | 1995 | 317 | 3244 |
1970 to 1974 | 3538 | 428 | 261 | 293 | 2556 |
1969 or earlier | 2462 | 197 | 144 | 152 | 1968 |
Building and Land Acquisition Acquired at same time |
41894 | 4248 | 3058 | 3486 | 31102 |
Not acquired at same time | 15583 | 1731 | 2813 | 903 | 10135 |
Land not owned by building owner | 551 | 44 | 33 | 33 | 441 |
Not reported | 3078 | 237 | 412 | 213 | 2215 |
Property New or Previously Owned When Acquired Acquired by purchase |
55274 | 5762 | 5758 | 4256 | 39497 |
New | 21461 | 2628 | 3466 | 1502 | 13864 |
Previously owned | 32972 | 3075 | 2159 | 2662 | 25076 |
As residential property | 31082 | 2933 | 2075 | 2275 | 23798 |
Converted from nonresidential use | 1890 | 142 | 84 | 387 | 1277 |
Other | 353 | 31 | 88 | 56 | 178 |
Not reported | 488 | 28 | 45 | 36 | 379 |
Other properties | 2978 | 269 | 155 | 213 | 2341 |
Not reported | 2854 | 230 | 403 | 167 | 2055 |
Year Structure Built 1999 to March 2000 |
1873 | 443 | 80 | 95 | 1254 |
1997 and 1998 | 3191 | 347 | 200 | 168 | 2476 |
1995 and 1996 | 2276 | 152 | 314 | 248 | 1563 |
1990 to 1994 | 3355 | 297 | 367 | 252 | 2439 |
1980 to 1989 | 14864 | 1602 | 1656 | 1062 | 10543 |
1970 to 1979 | 18739 | 2112 | 2802 | 1492 | 12334 |
1960 to 1969 | 8445 | 693 | 465 | 547 | 6740 |
1950 to 1959 | 2539 | 91 | 141 | 191 | 2117 |
1940 to 1949 | 1280 | 200 | 53 | 126 | 901 |
1939 or earlier | 4543 | 324 | 237 | 455 | 3526 |
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part) |
17882 | 1749 | 1316 | 1180 | 13636 |
Less than $20,000 | 4160 | 538 | 227 | 226 | 3168 |
$20,000 to $39,999 | 6550 | 504 | 500 | 474 | 5072 |
$40,000 to $59,999 | 3868 | 352 | 311 | 225 | 2979 |
$60,000 to $79,999 | 1860 | 220 | 181 | 114 | 1345 |
$80,000 to $99,999 | 735 | 83 | 51 | 44 | 557 |
$100,000 to $124,999 | 324 | 29 | 23 | 36 | 236 |
$125,000 to $149,999 | 179 | 11 | 13 | 38 | 118 |
$150,000 to $174,999 | 50 | 1 | 5 | 17 | 27 |
$175,000 to $199,999 | 42 | 1 | 3 | 0 | 38 |
$200,000 to $249,999 | 69 | 6 | 1 | 2 | 61 |
$250,000 to $299,999 | 13 | 3 | 0 | 1 | 8 |
$300,000 to $499,999 | 10 | 1 | 0 | 0 | 9 |
$500,000 or more | 9 | 0 | 0 | 3 | 6 |
Median | 34579 | 33354 | 37206 | 35368 | 34368 |
Mean | 40690 | 37798 | 43206 | 45901 | 40367 |
Other properties | 43224 | 4511 | 5001 | 3455 | 30257 |
Value Less than $1,000,000 |
2667 | 469 | 294 | 262 | 1642 |
$1,000,000 to $1,999,999 | 7938 | 868 | 1120 | 534 | 5417 |
$2,000,000 to $2,999,999 | 8583 | 824 | 667 | 614 | 6477 |
$3,000,000 to $3,999,999 | 7819 | 752 | 517 | 603 | 5946 |
$4,000,000 to $4,999,999 | 5102 | 455 | 372 | 336 | 3939 |
$5,000,000 to $7,499,999 | 10845 | 1017 | 716 | 1110 | 8002 |
$7,500,000 to $9,999,999 | 4599 | 465 | 243 | 273 | 3618 |
$10,000,000 to $14,999,999 | 7167 | 674 | 1778 | 411 | 4305 |
$15,000,000 to $19,999,999 | 2564 | 309 | 163 | 140 | 1952 |
$20,000,000 to $29,999,999 | 2211 | 230 | 319 | 236 | 1425 |
$30,000,000 to $39,999,999 | 678 | 54 | 67 | 38 | 520 |
$40,000,000 to $49,999,999 | 346 | 32 | 36 | 47 | 231 |
$50,000,000 or more | 586 | 112 | 26 | 31 | 418 |
Median | 4695105 | 4476324 | 5656045 | 4909241 | 4625663 |
Mean | 7358174 | 8016966 | 7404740 | 7387779 | 7254377 |
Value Per Housing Unit@8 Less than $20,000 |
8571 | 1061 | 741 | 635 | 6134 |
$20,000 to $39,999 | 22371 | 2422 | 1985 | 1986 | 15978 |
$40,000 to $59,999 | 16078 | 1429 | 2509 | 936 | 11205 |
$60,000 to $79,999 | 6789 | 556 | 524 | 511 | 5199 |
$80,000 to $99,999 | 3106 | 335 | 303 | 202 | 2265 |
$100,000 to $124,999 | 1840 | 202 | 148 | 133 | 1358 |
$125,000 to $149,999 | 955 | 98 | 48 | 68 | 740 |
$150,000 to $174,999 | 405 | 32 | 12 | 45 | 315 |
$175,000 to $199,999 | 228 | 28 | 12 | 12 | 176 |
$200,000 to $249,999 | 326 | 29 | 15 | 38 | 244 |
$250,000 to $299,999 | 166 | 14 | 8 | 3 | 140 |
$300,000 to $499,999 | 164 | 18 | 4 | 65 | 77 |
$500,000 or more | 106 | 37 | 5 | 1 | 63 |
Median | 39652 | 37090 | 43445 | 36939 | 39794 |
Mean | 48827 | 48838 | 46563 | 49603 | 49070 |
Purchase Price as Percent of Value@8 Acquired by purchase |
55274 | 5762 | 5758 | 4256 | 39497 |
Purchased 1997 to 2001 (part) | 17882 | 1749 | 1316 | 1180 | 13636 |
Less than 60 percent | 2100 | 289 | 125 | 144 | 1541 |
60 to 69 percent | 1113 | 131 | 74 | 54 | 854 |
70 to 79 percent | 2189 | 479 | 157 | 72 | 1480 |
80 to 99 percent | 5895 | 326 | 404 | 384 | 4781 |
100 percent or more | 6572 | 524 | 555 | 527 | 4967 |
Median | 92 | 79 | 95 | 97 | 92 |
Purchased 1990 to 1996 (part) | 11943 | 1126 | 1089 | 1021 | 8708 |
Less than 40 percent | 1123 | 88 | 62 | 79 | 894 |
40 to 59 percent | 1810 | 159 | 116 | 161 | 1374 |
60 to 79 percent | 2807 | 261 | 197 | 281 | 2068 |
80 to 99 percent | 2442 | 216 | 190 | 221 | 1816 |
100 percent or more | 3737 | 403 | 524 | 270 | 2541 |
Median | 82 | 85 | 98 | 79 | 80 |
Purchased 1989 or earlier | 25449 | 2887 | 3354 | 2055 | 17153 |
Less than 20 percent | 1373 | 130 | 85 | 77 | 1081 |
20 to 39 percent | 2600 | 173 | 170 | 256 | 2000 |
40 to 59 percent | 3785 | 345 | 270 | 508 | 2662 |
60 to 79 percent | 4994 | 391 | 1818 | 245 | 2540 |
80 to 99 percent | 3048 | 471 | 224 | 265 | 2089 |
100 percent or more | 9506 | 1377 | 762 | 702 | 6666 |
Median | 80 | 97 | 73 | 75 | 82 |
Not acquired by purchase | 5832 | 499 | 558 | 380 | 4396 |
Value of Capital Improvements Properties with capital improvements between 1998 and 2000 |
39178 | 4080 | 3183 | 3173 | 28743 |
Less than $50,000 | 10021 | 1192 | 1043 | 763 | 7024 |
$50,000 to $99,999 | 6856 | 803 | 485 | 590 | 4978 |
$100,000 to $249,999 | 11297 | 1004 | 921 | 750 | 8623 |
$250,000 to $499,999 | 5299 | 576 | 319 | 395 | 4009 |
$500,000 to $749,999 | 2472 | 225 | 157 | 481 | 1608 |
$750,000 to $999,999 | 815 | 98 | 82 | 44 | 591 |
$1,000,000 to $1,499,999 | 910 | 71 | 62 | 70 | 708 |
$1,500,000 to $1,999,999 | 388 | 36 | 36 | 23 | 293 |
$2,000,000 to $2,999,999 | 398 | 34 | 25 | 16 | 324 |
$3,000,000 or more | 721 | 40 | 53 | 42 | 586 |
Median | 136001 | 106720 | 110342 | 146618 | 141227 |
Mean | 387961 | 279059 | 335966 | 396784 | 408202 |
Properties with no capital improvements between 1998 and 2000 |
12224 | 1260 | 2078 | 803 | 8083 |
Capital improvements not reported |
9704 | 921 | 1055 | 660 | 7067 |
Value of Capital Improvements Per Unit Properties with capital improvements between 1998 and 2000 |
39178 | 4080 | 3183 | 3173 | 28743 |
Less than $500 | 11216 | 1373 | 940 | 843 | 8060 |
$500 to $999 | 8506 | 1057 | 878 | 644 | 5927 |
$1,000 to $2,499 | 12556 | 1024 | 887 | 1235 | 9410 |
$2,500 to $4,999 | 4144 | 375 | 267 | 260 | 3242 |
$5,000 to $7,499 | 1132 | 158 | 75 | 87 | 812 |
$7,500 to $9,999 | 424 | 36 | 20 | 27 | 340 |
$10,000 to $14,999 | 370 | 23 | 28 | 40 | 279 |
$15,000 to $19,999 | 195 | 7 | 41 | 4 | 143 |
$20,000 to $29,999 | 192 | 10 | 24 | 7 | 150 |
$30,000 or more | 442 | 16 | 23 | 26 | 378 |
Median | 992 | 815 | 871 | 1121 | 1061 |
Mean | 2551 | 1714 | 2257 | 2207 | 2740 |
Properties with no capital improvements between 1998 and 2000 |
12224 | 1260 | 2078 | 803 | 8083 |
Capital improvements not reported |
9704 | 921 | 1055 | 660 | 7067 |
Monthly Rental Receipts Per Housing Unit Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than $100 | 1463 | 242 | 118 | 166 | 938 |
$100 to $199 | 1765 | 81 | 219 | 80 | 1384 |
$200 to $299 | 2887 | 284 | 675 | 145 | 1783 |
$300 to $399 | 6626 | 487 | 650 | 883 | 4606 |
$400 to $499 | 8908 | 1240 | 667 | 595 | 6407 |
$500 to $599 | 10033 | 1009 | 601 | 857 | 7566 |
$600 to $799 | 7253 | 747 | 683 | 548 | 5276 |
$800 to $999 | 9959 | 746 | 1929 | 598 | 6686 |
$1000 or more | 5474 | 624 | 300 | 375 | 4175 |
No rental receipts | 157 | 9 | 1 | 14 | 133 |
Median | 555 | 539 | 598 | 530 | 557 |
Mean | 644 | 692 | 602 | 596 | 649 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |
Rental Receipts as Percent of Value@8 Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than 5 percent | 1424 | 228 | 60 | 117 | 1019 |
5 to 9 percent | 3407 | 256 | 297 | 289 | 2564 |
10 to 14 percent | 16334 | 1628 | 1873 | 1228 | 11605 |
15 to 19 percent | 14811 | 1197 | 2480 | 984 | 10151 |
20 to 24 percent | 7989 | 978 | 565 | 864 | 5582 |
25 to 29 percent | 4315 | 501 | 173 | 329 | 3311 |
30 to 39 percent | 3034 | 357 | 232 | 229 | 2215 |
40 percent or more | 3082 | 320 | 161 | 208 | 2393 |
Median | 17 | 18 | 16 | 17 | 17 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than 1.0 percent | 7279 | 794 | 591 | 536 | 5359 |
1.0 to 2.9 percent | 9854 | 1055 | 768 | 836 | 7194 |
3.0 to 4.9 percent | 8330 | 920 | 594 | 566 | 6250 |
5.0 to 6.9 percent | 5126 | 679 | 378 | 481 | 3588 |
7.0 to 8.9 percent | 5096 | 265 | 1729 | 248 | 2854 |
9.0 to 10.9 percent | 2468 | 252 | 116 | 165 | 1934 |
11.0 to 12.9 percent | 1453 | 209 | 250 | 131 | 864 |
13.0 to 14.9 percent | 731 | 59 | 51 | 36 | 585 |
15.0 percent or more | 3730 | 331 | 140 | 565 | 2694 |
Not reported or not computed | 10459 | 904 | 1227 | 695 | 7632 |
Median | 4.2 | 3.9 | 6.9 | 4.4 | 4.0 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |
Age Restrictions Property restricted to people age 55 or older |
10468 | 1214 | 1056 | 619 | 7580 |
Property not restricted to people age 55 or older |
48401 | 4870 | 4817 | 3877 | 34838 |
Not reported | 2236 | 177 | 444 | 140 | 1475 |
Age Composition Over one-half the residents of the building age 55 or older |
3452 | 593 | 257 | 235 | 2367 |
Over one-half the residents of the building not age 55 or older |
43396 | 4101 | 4533 | 3488 | 31274 |
Not reported | 14258 | 1567 | 1526 | 912 | 10252 |
Meal Service Provided by Properties Exclusively or Predominantly Occupied by People Age 55 or Older Property provides meal service |
5664 | 690 | 408 | 322 | 4244 |
Charge included in rent | 3546 | 511 | 200 | 238 | 2598 |
Charge not included in rent | 694 | 53 | 70 | 42 | 529 |
Not reported | 1424 | 126 | 138 | 43 | 1117 |
Property does not provide meal service |
7803 | 1112 | 868 | 602 | 5221 |
Not reported | 47639 | 4459 | 5041 | 3711 | 34428 |
Type of Property Benefits@1 Government-sponsored below-market interest rate mortgage loan |
5925 | 849 | 844 | 529 | 3703 |
Government rental subsidy | 14753 | 2133 | 1426 | 1191 | 10003 |
Government grant | 832 | 69 | 80 | 200 | 484 |
Property tax relief | 3486 | 321 | 226 | 338 | 2601 |
Federal income tax credit for low-income, old or historic properties |
3202 | 272 | 394 | 343 | 2194 |
Accelerated federal income tax depreciation for low- and moderate-income properties |
752 | 134 | 98 | 34 | 486 |
Subsidy from a non-profit corporation | 713 | 48 | 112 | 45 | 508 |
None of the above benefits | 35168 | 2987 | 3591 | 2543 | 26047 |
Not reported | 5700 | 535 | 683 | 364 | 4118 |
Source of Property Benefits@1 With property benefits |
20238 | 2738 | 2043 | 1728 | 13729 |
Federal government | 15528 | 2388 | 1641 | 1353 | 10146 |
State government | 2667 | 260 | 210 | 243 | 1953 |
Local government | 3713 | 358 | 212 | 309 | 2834 |
Non-profit corporation | 713 | 48 | 112 | 45 | 508 |
Not reported | 522 | 43 | 52 | 64 | 363 |
With no property benefits | 35168 | 2987 | 3591 | 2543 | 26047 |
Not reported | 5700 | 535 | 683 | 364 | 4118 |
Reason for Benefits@1 With property benefits |
20238 | 2738 | 2043 | 1728 | 13729 |
Occupied by low- or moderate-income individuals |
16938 | 2286 | 1717 | 1458 | 11477 |
Occupied by elderly or disabled individuals |
7611 | 1063 | 743 | 536 | 5270 |
A historic structure | 350 | 26 | 37 | 16 | 271 |
Located in a community development or economic development area |
828 | 95 | 71 | 40 | 621 |
Covered by a Homestead Exemption | 90 | 3 | 0 | 15 | 72 |
Covered by a Community Land Trust | 0 | 0 | 0 | 0 | 0 |
Covered by disaster relief | 41 | 3 | 0 | 5 | 33 |
Other reason | 882 | 110 | 30 | 141 | 600 |
Not reported | 777 | 101 | 101 | 33 | 542 |
With no property benefits | 35168 | 2987 | 3591 | 2543 | 26047 |
Not reported | 5700 | 535 | 683 | 364 | 4118 |
Section 8 Rental Housing Certificates and Vouchers Property did or does have tenants receiving Section 8 assistance |
25738 | 2735 | 2297 | 2067 | 18639 |
Property has never had tenants receiving Section 8 assistance |
30503 | 3155 | 3429 | 2211 | 21708 |
Not reported | 4864 | 371 | 590 | 357 | 3547 |
OWNER CHARACTERISTICS Type of Owner Individual investor(s) |
7408 | 629 | 507 | 647 | 5624 |
Limited partnership | 26622 | 3516 | 2578 | 1892 | 18636 |
Joint venture | 661 | 50 | 58 | 33 | 520 |
General partnership | 4472 | 445 | 320 | 305 | 3402 |
Life insurance company | 108 | 13 | 18 | 9 | 67 |
Depository institution | 5 | 0 | 0 | 0 | 5 |
Public real estate investment trust | 1006 | 97 | 92 | 68 | 749 |
Private real estate investment trust | 225 | 0 | 12 | 2 | 211 |
Corporation - other than real estate investment trust |
12605 | 795 | 2121 | 1004 | 8684 |
Housing cooperative organization | 2222 | 190 | 100 | 161 | 1772 |
Non-profit or church-related institution | 3912 | 375 | 356 | 281 | 2900 |
Pension fund | 84 | 20 | 3 | 1 | 61 |
Fraternal organization | 11 | 0 | 0 | 6 | 6 |
Other | 1765 | 131 | 152 | 227 | 1255 |
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage |
53963 | 5516 | 5695 | 4022 | 38729 |
2 mortgages | 5745 | 593 | 463 | 450 | 4239 |
3 or more mortgages | 1398 | 152 | 159 | 163 | 925 |
Form of Debt of First Mortgage Mortgage or deed of trust |
61103 | 6261 | 6314 | 4635 | 43893 |
Contract to purchase | 0 | 0 | 0 | 0 | 0 |
Some other loan secured by this property | 3 | 0 | 3 | 0 | 0 |
Method of Loan Application By computer over the Internet or by e-mail |
111 | 10 | 8 | 5 | 88 |
By telephone or FAX | 6929 | 756 | 487 | 426 | 5261 |
By regular mail | 6759 | 674 | 696 | 491 | 4898 |
By personal visit | 19750 | 1997 | 1470 | 1610 | 14674 |
Through third party (such as real estate agent or builder) |
14847 | 1303 | 2402 | 1128 | 10014 |
Some other way | 3528 | 455 | 175 | 319 | 2580 |
Not reported | 6304 | 684 | 815 | 380 | 4425 |
Not available | 2877 | 382 | 264 | 277 | 1954 |
Origin of First Mortgage Mortgage made at time property acquired |
36496 | 4281 | 3262 | 2915 | 26039 |
Mortgage assumed at the time property acquired |
5272 | 599 | 477 | 401 | 3796 |
Mortgage placed later than acquisition of property |
19337 | 1381 | 2578 | 1319 | 14058 |
Refinanced mortgage | 18234 | 1281 | 2337 | 1272 | 13344 |
Same lender | 4495 | 364 | 245 | 322 | 3564 |
Different lender | 13740 | 917 | 2092 | 951 | 9780 |
Mortgage placed on property owned free and clear of debt |
1102 | 100 | 241 | 47 | 714 |
Not available | 0 | 0 | 0 | 0 | 0 |
Purpose of First Mortgage Placed Later Than Acquisition of Property Properties on which mortgages placed later than acquisition of property |
19337 | 1381 | 2578 | 1319 | 14058 |
Obtain lower interest rate | 9955 | 517 | 1876 | 694 | 6868 |
Increase payment period for mortgage | 529 | 16 | 28 | 66 | 418 |
Reduce payment period for mortgage | 42 | 4 | 0 | 0 | 38 |
Renew or extend loan that had fallen due, without increasing outstanding balance |
2251 | 190 | 131 | 184 | 1747 |
Receive cash or increase outstanding balance of loan |
3944 | 339 | 367 | 217 | 3022 |
Other reason | 1779 | 243 | 130 | 128 | 1277 |
Not reported | 836 | 73 | 46 | 31 | 687 |
Other properties | 41769 | 4880 | 3739 | 3316 | 29835 |
Not available | 0 | 0 | 0 | 0 | 0 |
Cash Received From Refinancing or Placing Mortgage on Property Owned Free and Clear Properties on which cash received |
8972 | 444 | 2023 | 496 | 6009 |
Less than $1,000,000 | 4100 | 235 | 195 | 248 | 3422 |
$1,000,000 to $1,999,999 | 2984 | 119 | 1533 | 109 | 1224 |
$2,000,000 to $2,999,999 | 566 | 21 | 27 | 51 | 468 |
$3,000,000 to $3,999,999 | 346 | 15 | 30 | 16 | 284 |
$4,000,000 to $4,999,999 | 272 | 3 | 22 | 21 | 225 |
$5,000,000 to $7,499,999 | 175 | 17 | 23 | 22 | 113 |
$7,500,000 to $9,999,999 | 129 | 12 | 17 | 3 | 96 |
$10,000,000 to $14,999,999 | 232 | 2 | 154 | 15 | 60 |
$15,000,000 to $19,999,999 | 68 | 8 | 17 | 9 | 33 |
$20,000,000 to $29,999,999 | 48 | 5 | 2 | 2 | 39 |
$30,000,000 to $39,999,999 | 14 | 2 | 0 | 0 | 12 |
$40,000,000 to $49,999,999 | 5 | 0 | 0 | 0 | 5 |
$50,000,000 or more | 34 | 4 | 4 | 0 | 27 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Median | 1129499 | 944691 | 1532801 | 1000319 | 878018 |
Mean | 2430523 | 6420637 | 2355291 | 2040816 | 2193379 |
Properties that refinanced and did not receive cash back |
7859 | 688 | 438 | 674 | 6060 |
Properties that refinanced and did not report if received cash back |
2505 | 250 | 116 | 150 | 1990 |
Properties that did not refinance |
41769 | 4880 | 3739 | 3316 | 29835 |
Not available | 0 | 0 | 0 | 0 | 0 |
Use of Cash From Refinancing or Placing Mortgage on Property Owned Free and Clear Properties on which cash received@1 |
8972 | 444 | 2023 | 496 | 6009 |
For additions, improvements or repairs to this property |
5820 | 297 | 1804 | 291 | 3427 |
To consolidate debts | 635 | 28 | 27 | 39 | 541 |
For investment in other real estate | 4237 | 177 | 1616 | 139 | 2304 |
For other types of investments | 1077 | 85 | 71 | 61 | 860 |
For educational or medical expenses | 17 | 0 | 0 | 0 | 17 |
To start a business | 6 | 2 | 3 | 0 | 1 |
To settle a divorce | 7 | 0 | 0 | 0 | 7 |
To pay taxes | 113 | 34 | 0 | 8 | 71 |
To purchase an automobile, truck, or other vehicle |
20 | 0 | 0 | 0 | 20 |
To purchase consumer product other than automobile, truck, or other vehicle |
76 | 1 | 0 | 2 | 73 |
Other | 1024 | 45 | 57 | 68 | 855 |
Not reported | 249 | 9 | 10 | 0 | 230 |
Properties that refinanced and did not receive cash back |
7859 | 688 | 438 | 674 | 6060 |
Properties that refinanced and did not report if received cash back |
2505 | 250 | 116 | 150 | 1990 |
Properties that did not refinance |
41769 | 4880 | 3739 | 3316 | 29835 |
Not available | 0 | 0 | 0 | 0 | 0 |
Purpose of Second Mortgage Properties with second mortgage |
6735 | 705 | 600 | 597 | 4833 |
Provide funds for the purchase of this property |
1968 | 227 | 159 | 194 | 1388 |
Provide funds for additions, improvements or repairs to this property |
2385 | 230 | 237 | 204 | 1715 |
Provide funds for consolidation of debts | 273 | 16 | 18 | 27 | 211 |
Provide funds for investment in other real estate |
253 | 33 | 18 | 9 | 193 |
Provide funds for other types of investments |
139 | 33 | 22 | 3 | 82 |
Provide funds for educational or medical expenses |
3 | 0 | 0 | 0 | 3 |
Provide funds for starting a business | 7 | 0 | 0 | 0 | 7 |
Provide funds to settle a divorce | 10 | 0 | 0 | 0 | 10 |
Provide funds to pay taxes | 4 | 0 | 0 | 0 | 4 |
Provide funds to purchase automobile, truck, or vehicle |
0 | 0 | 0 | 0 | 0 |
Provide funds to purchase another type of consumer product |
0 | 0 | 0 | 0 | 0 |
Other reasons | 834 | 103 | 47 | 65 | 619 |
Not reported | 857 | 63 | 100 | 94 | 599 |
Other properties | 54370 | 5556 | 5716 | 4039 | 39060 |
Purpose of Line of Credit Properties with second mortgage or line of credit |
542 | 46 | 24 | 21 | 451 |
Provide funds for additions, improvements or repairs to this property |
126 | 5 | 8 | 3 | 110 |
Provide funds for consolidation of debts | 43 | 1 | 0 | 0 | 42 |
Provide funds for investment in other real estate |
63 | 0 | 0 | 0 | 63 |
Provide funds for other types of investments |
0 | 0 | 0 | 0 | 0 |
Provide funds for educational or medical expenses |
0 | 0 | 0 | 0 | 0 |
Provide funds for starting a business | 17 | 6 | 0 | 6 | 6 |
Provide funds to settle a divorce | 0 | 0 | 0 | 0 | 0 |
Provide funds to pay taxes | 0 | 0 | 0 | 0 | 0 |
Provide funds to purchase automobile, truck, or vehicle |
0 | 0 | 0 | 0 | 0 |
Provide funds to purchase another type of consumer product |
0 | 0 | 0 | 0 | 0 |
Other reasons | 37 | 9 | 2 | 5 | 21 |
Not reported | 257 | 26 | 14 | 7 | 210 |
Other properties | 60563 | 6215 | 6292 | 4615 | 43442 |
Year First Mortgage Made or Assumed 1999 to 2001 (part) |
18076 | 1752 | 1386 | 1135 | 13803 |
1997 and 1998 | 15738 | 1014 | 2251 | 1054 | 11419 |
1995 and 1996 | 6907 | 650 | 458 | 631 | 5167 |
1990 to 1994 | 6937 | 743 | 694 | 506 | 4993 |
1985 to 1989 | 4158 | 384 | 640 | 687 | 2448 |
1980 to 1984 | 4319 | 916 | 426 | 279 | 2699 |
1979 or earlier | 4970 | 801 | 462 | 342 | 3365 |
Traditional First Mortgage Loan Less than $500,000 |
2852 | 390 | 392 | 281 | 1789 |
$500,000 to $999,999 | 4903 | 290 | 664 | 381 | 3568 |
$1,000,000 to $1,499,999 | 7033 | 567 | 926 | 499 | 5041 |
$1,500,000 to $1,999,999 | 6496 | 861 | 324 | 463 | 4847 |
$2,000,000 to $2,499,999 | 5389 | 656 | 270 | 340 | 4123 |
$2,500,000 to $2,999,999 | 4451 | 287 | 338 | 372 | 3454 |
$3,000,000 to $3,999,999 | 6980 | 708 | 439 | 725 | 5109 |
$4,000,000 to $4,999,999 | 4759 | 528 | 312 | 386 | 3533 |
$5,000,000 to $7,499,999 | 7711 | 767 | 1826 | 386 | 4732 |
$7,500,000 to $9,999,999 | 3236 | 352 | 157 | 196 | 2531 |
$10,000,000 to $12,499,999 | 2091 | 242 | 298 | 162 | 1390 |
$12,500,000 to $14,999,999 | 1083 | 112 | 106 | 71 | 793 |
$15,000,000 to $19,999,999 | 1097 | 132 | 117 | 88 | 761 |
$20,000,000 or more | 1214 | 152 | 95 | 86 | 881 |
Not reported | 1811 | 217 | 52 | 201 | 1341 |
Median | 2834191 | 2949453 | 3497260 | 2840763 | 2776111 |
Mean | 4472478 | 4838448 | 4768084 | 4198318 | 4405552 |
Total Mortgage Loan Less than $500,000 |
2530 | 390 | 315 | 269 | 1556 |
$500,000 to $999,999 | 4632 | 258 | 600 | 346 | 3429 |
$1,000,000 to $1,499,999 | 6751 | 528 | 932 | 456 | 4835 |
$1,500,000 to $1,999,999 | 6206 | 750 | 380 | 392 | 4684 |
$2,000,000 to $2,499,999 | 5227 | 643 | 262 | 333 | 3987 |
$2,500,000 to $2,999,999 | 4444 | 291 | 363 | 390 | 3401 |
$3,000,000 to $3,999,999 | 7118 | 763 | 431 | 738 | 5186 |
$4,000,000 to $4,999,999 | 4613 | 536 | 292 | 386 | 3399 |
$5,000,000 to $7,499,999 | 8455 | 815 | 1864 | 505 | 5271 |
$7,500,000 to $9,999,999 | 3405 | 393 | 161 | 201 | 2650 |
$10,000,000 to $12,499,999 | 2138 | 217 | 294 | 155 | 1473 |
$12,500,000 to $14,999,999 | 1186 | 131 | 116 | 77 | 862 |
$15,000,000 to $19,999,999 | 1185 | 159 | 141 | 82 | 804 |
$20,000,000 or more | 1407 | 171 | 114 | 105 | 1017 |
Not reported | 1810 | 217 | 52 | 201 | 1340 |
Median | 2984052 | 3212975 | 3651551 | 3041353 | 2909511 |
Mean | 4775329 | 5167951 | 5010110 | 4494548 | 4714263 |
Traditional First Mortgage Outstanding Debt Less than $500,000 |
5445 | 776 | 635 | 470 | 3564 |
$500,000 to $999,999 | 6689 | 553 | 780 | 486 | 4869 |
$1,000,000 to $1,499,999 | 7502 | 804 | 784 | 492 | 5422 |
$1,500,000 to $1,999,999 | 6390 | 635 | 356 | 526 | 4873 |
$2,000,000 to $2,499,999 | 5381 | 451 | 298 | 318 | 4314 |
$2,500,000 to $2,999,999 | 4003 | 361 | 268 | 283 | 3091 |
$3,000,000 to $3,999,999 | 6243 | 690 | 388 | 699 | 4465 |
$4,000,000 to $4,999,999 | 3606 | 377 | 273 | 315 | 2641 |
$5,000,000 to $7,499,999 | 6763 | 583 | 1785 | 337 | 4057 |
$7,500,000 to $9,999,999 | 2761 | 282 | 174 | 173 | 2131 |
$10,000,000 to $12,499,999 | 1717 | 173 | 274 | 124 | 1146 |
$12,500,000 to $14,999,999 | 928 | 141 | 83 | 72 | 632 |
$15,000,000 to $19,999,999 | 938 | 113 | 80 | 77 | 669 |
$20,000,000 or more | 937 | 104 | 89 | 62 | 682 |
Not reported | 1802 | 217 | 47 | 201 | 1336 |
Median | 2336807 | 2280731 | 3033358 | 2381132 | 2295597 |
Mean | 3911668 | 4077198 | 4369076 | 3680145 | 3844906 |
Total Mortgage Outstanding Debt Less than $500,000 |
4883 | 740 | 530 | 391 | 3223 |
$500,000 to $999,999 | 6272 | 494 | 739 | 449 | 4589 |
$1,000,000 to $1,499,999 | 7277 | 686 | 834 | 500 | 5257 |
$1,500,000 to $1,999,999 | 6176 | 601 | 369 | 466 | 4740 |
$2,000,000 to $2,499,999 | 5417 | 500 | 320 | 356 | 4241 |
$2,500,000 to $2,999,999 | 3756 | 396 | 262 | 263 | 2835 |
$3,000,000 to $3,999,999 | 6767 | 714 | 375 | 747 | 4929 |
$4,000,000 to $4,999,999 | 3977 | 414 | 277 | 357 | 2929 |
$5,000,000 to $7,499,999 | 7035 | 635 | 1819 | 397 | 4184 |
$7,500,000 to $9,999,999 | 2904 | 288 | 159 | 179 | 2278 |
$10,000,000 to $12,499,999 | 1772 | 166 | 298 | 111 | 1197 |
$12,500,000 to $14,999,999 | 1015 | 151 | 90 | 73 | 701 |
$15,000,000 to $19,999,999 | 1025 | 141 | 95 | 75 | 714 |
$20,000,000 or more | 1084 | 122 | 107 | 82 | 774 |
Not reported | 1744 | 211 | 44 | 189 | 1300 |
Median | 2468121 | 2504582 | 3219422 | 2615679 | 2411071 |
Mean | 4040496 | 4234503 | 4564016 | 3778625 | 3965141 |
Current Interest Rate on First Mortgage Less than 6.0 percent |
23595 | 706 | 1745 | 2782 | 18363 |
6.0 percent | 373 | 59 | 18 | 49 | 247 |
6.1 to 6.4 percent | 792 | 202 | 53 | 3 | 534 |
6.5 to 6.9 percent | 2523 | 562 | 245 | 42 | 1674 |
7.0 percent | 5126 | 159 | 226 | 447 | 4294 |
7.1 to 7.4 percent | 2574 | 447 | 293 | 79 | 1755 |
7.5 to 7.9 percent | 6142 | 966 | 1705 | 97 | 3374 |
8.0 percent | 1121 | 188 | 131 | 14 | 788 |
8.1 to 8.4 percent | 2405 | 422 | 269 | 41 | 1673 |
8.5 to 8.9 percent | 2000 | 207 | 237 | 14 | 1543 |
9.0 percent | 1201 | 89 | 260 | 3 | 849 |
9.1 to 9.4 percent | 800 | 169 | 46 | 12 | 573 |
9.5 to 9.9 percent | 639 | 195 | 82 | 14 | 348 |
10.0 percent | 300 | 17 | 64 | 0 | 219 |
10.1 to 10.4 percent | 288 | 173 | 4 | 6 | 106 |
10.5 to 10.9 percent | 433 | 192 | 137 | 3 | 100 |
11.0 percent | 482 | 14 | 35 | 66 | 367 |
11.1 to 12.9 percent | 876 | 639 | 48 | 40 | 148 |
13.0 percent | 166 | 11 | 18 | 20 | 117 |
13.1 percent or more | 9269 | 845 | 701 | 902 | 6821 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Median | 7.1 | 8.0 | 7.7 | 5.0 | 7.0 |
Type of Interest Rate Buydown Properties with interest rate buydown |
107 | 81 | 0 | 0 | 26 |
Constant payment | 21 | 0 | 0 | 0 | 21 |
3-2-1 buydown | 5 | 5 | 0 | 0 | 0 |
Other | 22 | 18 | 0 | 0 | 4 |
Not reported | 59 | 58 | 0 | 0 | 1 |
Properties without interest rate buydown |
19686 | 1662 | 3678 | 440 | 13907 |
Not reported | 41312 | 4517 | 2639 | 4196 | 29960 |
Term of First Mortgage Less than 5 years |
466 | 7 | 26 | 14 | 419 |
5 years | 956 | 4 | 14 | 3 | 935 |
6 to 9 years | 820 | 0 | 20 | 5 | 795 |
10 years | 6748 | 35 | 1827 | 114 | 4772 |
11 to 14 years | 469 | 0 | 20 | 19 | 429 |
15 years | 1667 | 63 | 55 | 77 | 1473 |
16 to 19 years | 669 | 8 | 15 | 3 | 643 |
20 years | 983 | 3 | 101 | 26 | 853 |
21 to 24 years | 244 | 22 | 36 | 5 | 182 |
25 years | 989 | 18 | 55 | 29 | 887 |
26 to 29 years | 153 | 20 | 20 | 0 | 112 |
30 years | 8755 | 5803 | 315 | 142 | 2496 |
More than 30 years | 3037 | 279 | 1246 | 16 | 1496 |
No stated term | 35148 | 0 | 2566 | 4182 | 28400 |
Median | 24 | 31 | 11 | 16 | 15 |
Unexpired Term of First Mortgage Less than 5 years |
2926 | 324 | 135 | 53 | 2414 |
5 to 9 years | 8375 | 815 | 1778 | 85 | 5697 |
10 to 14 years | 3357 | 738 | 172 | 123 | 2324 |
15 to 19 years | 2335 | 358 | 222 | 138 | 1617 |
20 to 24 years | 2671 | 1041 | 282 | 0 | 1348 |
25 to 29 years | 4832 | 2606 | 584 | 49 | 1593 |
30 or more years | 1471 | 380 | 577 | 5 | 509 |
No stated term or not computed | 35138 | 0 | 2566 | 4182 | 28390 |
Median | 13 | 24 | 10 | 14 | 10 |
Holder of First Mortgage Commercial bank or trust company |
10924 | 1074 | 610 | 893 | 8347 |
Savings and loan association, federal savings bank |
6694 | 507 | 286 | 569 | 5331 |
Mutual savings bank | 964 | 110 | 20 | 100 | 734 |
Life insurance company | 2892 | 224 | 117 | 111 | 2440 |
Mortgage banker or mortgage company | 579 | 128 | 20 | 40 | 392 |
Federally-sponsored secondary market agency or pool |
23583 | 2482 | 3239 | 1706 | 16155 |
Conventional mortgage pool | 541 | 144 | 13 | 29 | 355 |
Other federal agency | 3646 | 417 | 1195 | 209 | 1825 |
Real estate investment trust | 911 | 11 | 1 | 12 | 886 |
Pension or retirement fund | 567 | 165 | 46 | 19 | 337 |
Credit union | 1522 | 187 | 36 | 453 | 847 |
Finance company | 750 | 77 | 51 | 64 | 557 |
State or municipal government or housing finance agency |
4262 | 429 | 522 | 213 | 3098 |
Individual or individual's estate | 1287 | 55 | 39 | 118 | 1076 |
Other | 1984 | 250 | 121 | 99 | 1515 |
Servicer of First Mortgage Commercial bank or trust company |
11525 | 898 | 649 | 847 | 9131 |
Savings and loan association, federal savings bank |
6822 | 508 | 298 | 562 | 5455 |
Mutual savings bank | 899 | 107 | 20 | 60 | 712 |
Life insurance company | 1711 | 191 | 72 | 78 | 1370 |
Mortgage banker or mortgage company | 26484 | 3489 | 3332 | 1900 | 17762 |
Federally-sponsored secondary market agency or pool |
57 | 7 | 14 | 0 | 35 |
Conventional mortgage pool | 295 | 6 | 10 | 0 | 279 |
Other federal agency | 3231 | 147 | 1194 | 209 | 1681 |
Real estate investment trust | 53 | 0 | 0 | 0 | 53 |
Pension or retirement fund | 46 | 3 | 0 | 6 | 37 |
Credit union | 1522 | 187 | 36 | 453 | 847 |
Finance company | 975 | 59 | 51 | 98 | 768 |
State or municipal government or housing finance agency |
4311 | 440 | 483 | 213 | 3176 |
Individual or individual's estate | 1116 | 55 | 34 | 112 | 916 |
Other | 2059 | 165 | 123 | 99 | 1672 |
Holder's Acquisition of First Mortgage Originated directly from borrower |
33613 | 3122 | 3327 | 2750 | 24413 |
Purchased from present servicer | 15749 | 1241 | 2039 | 1112 | 11357 |
Purchased from someone else | 11743 | 1897 | 951 | 773 | 8123 |
Not reported | 0 | 0 | 0 | 0 | 0 |
First Mortgage Loan as a Percent of Purchase Price Properties acquired by purchase with first mortgage made or assumed at time of purchase | 37110 | 4455 | 3262 | 3008 | 26385 |
Less than 40 percent | 2519 | 192 | 366 | 265 | 1696 |
40 to 49 percent | 1251 | 114 | 256 | 79 | 802 |
50 to 59 percent | 2288 | 268 | 226 | 185 | 1609 |
60 to 69 percent | 3785 | 441 | 283 | 313 | 2748 |
70 to 79 percent | 5010 | 492 | 336 | 204 | 3979 |
80 to 89 percent | 5169 | 533 | 350 | 541 | 3745 |
90 to 94 percent | 2084 | 241 | 162 | 117 | 1565 |
95 to 99 percent | 1854 | 303 | 228 | 118 | 1205 |
100 percent or more | 11822 | 1712 | 988 | 1061 | 8060 |
Not reported | 1326 | 159 | 66 | 124 | 978 |
Median | 86 | 92 | 84 | 87 | 85 |
Other properties | 23996 | 1806 | 3054 | 1627 | 17508 |
Not available | 0 | 0 | 0 | 0 | 0 |
First Mortgage Loan as a Percent of Value Properties acquired by purchase with first mortgage made or assumed at time of purchase |
37110 | 4455 | 3262 | 3008 | 26385 |
Less than 40 percent | 1863 | 131 | 191 | 225 | 1316 |
40 to 49 percent | 1016 | 58 | 80 | 46 | 832 |
50 to 59 percent | 1467 | 102 | 159 | 55 | 1152 |
60 to 69 percent | 10626 | 1618 | 1312 | 621 | 7075 |
70 to 79 percent | 5689 | 565 | 366 | 245 | 4513 |
80 to 89 percent | 4566 | 384 | 225 | 528 | 3428 |
90 to 94 percent | 1747 | 184 | 221 | 101 | 1241 |
95 to 99 percent | 1262 | 137 | 241 | 109 | 775 |
100 percent or more | 7645 | 1118 | 424 | 954 | 5149 |
Not reported | 1229 | 159 | 43 | 124 | 904 |
Median | 75 | 74 | 69 | 85 | 75 |
Other properties | 23996 | 1806 | 3054 | 1627 | 17508 |
Not available | 0 | 0 | 0 | 0 | 0 |
First Mortgage Risk Subprime loan |
4040 | 274 | 188 | 266 | 3312 |
Not subprime loan | 57065 | 5987 | 6128 | 4370 | 40580 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Total Mortgage Loan as a Percent of Purchase Price Properties acquired by purchase with first mortgage made or assumed at time of purchase |
37110 | 4455 | 3262 | 3008 | 26385 |
Less than 40 percent | 1804 | 159 | 200 | 159 | 1287 |
40 to 49 percent | 1154 | 100 | 266 | 71 | 717 |
50 to 59 percent | 2038 | 237 | 214 | 155 | 1431 |
60 to 69 percent | 3584 | 416 | 318 | 291 | 2559 |
70 to 79 percent | 4767 | 380 | 267 | 220 | 3900 |
80 to 89 percent | 5249 | 560 | 410 | 557 | 3721 |
90 to 94 percent | 2090 | 249 | 174 | 139 | 1527 |
95 to 99 percent | 1964 | 316 | 223 | 119 | 1307 |
100 percent or more | 13134 | 1878 | 1124 | 1174 | 8959 |
Not reported | 1325 | 159 | 66 | 124 | 976 |
Median | 89 | 96 | 88 | 90 | 88 |
Other properties | 23996 | 1806 | 3054 | 1627 | 17508 |
Not available | 0 | 0 | 0 | 0 | 0 |
Total Mortgage Loan as Percent of Value Properties acquired by purchase with first mortgage made or assumed at time of purchase |
37110 | 4455 | 3262 | 3008 | 26385 |
Less than 40 percent | 4050 | 390 | 508 | 333 | 2819 |
40 to 49 percent | 2662 | 245 | 216 | 162 | 2039 |
50 to 59 percent | 5353 | 578 | 398 | 712 | 3664 |
60 to 69 percent | 5605 | 589 | 445 | 362 | 4209 |
70 to 79 percent | 5867 | 762 | 429 | 383 | 4293 |
80 to 89 percent | 4243 | 577 | 311 | 381 | 2973 |
90 to 94 percent | 1443 | 208 | 182 | 85 | 967 |
95 to 99 percent | 1181 | 146 | 90 | 60 | 885 |
100 percent or more | 5480 | 801 | 639 | 406 | 3634 |
Not reported | 1228 | 159 | 43 | 124 | 903 |
Median | 70 | 75 | 71 | 66 | 70 |
Other properties | 23996 | 1806 | 3054 | 1627 | 17508 |
Not available | 0 | 0 | 0 | 0 | 0 |
Total Outstanding Debt as a Percent of Value Less than 20 percent |
4579 | 485 | 330 | 367 | 3398 |
20 to 29 percent | 3251 | 316 | 350 | 244 | 2341 |
30 to 39 percent | 4919 | 385 | 430 | 324 | 3780 |
40 to 49 percent | 7373 | 786 | 677 | 584 | 5325 |
50 to 59 percent | 9585 | 811 | 705 | 1021 | 7048 |
60 to 69 percent | 10228 | 1033 | 2076 | 587 | 6531 |
70 to 79 percent | 7574 | 901 | 594 | 529 | 5550 |
80 to 89 percent | 4551 | 503 | 293 | 327 | 3427 |
90 to 99 percent | 3179 | 348 | 343 | 208 | 2281 |
100 percent or more | 4120 | 483 | 474 | 253 | 2911 |
Not reported or not computed | 1746 | 211 | 44 | 191 | 1300 |
Median | 60 | 62 | 63 | 57 | 59 |
Index Used to Adjust Interest Rate on ARM Properties with adjustable rate first mortgage |
9857 | 545 | 518 | 753 | 8041 |
Treasury security | 1430 | 8 | 19 | 66 | 1337 |
Average cost of funds in bank district | 898 | 0 | 43 | 50 | 805 |
National average cost of funds | 45 | 0 | 6 | 0 | 39 |
OTS contract mortgage rate | 0 | 0 | 0 | 0 | 0 |
Other method | 1262 | 1 | 46 | 20 | 1195 |
No index used | 144 | 0 | 23 | 0 | 121 |
Not reported | 6078 | 536 | 381 | 617 | 4544 |
Other properties | 51249 | 5716 | 5798 | 3883 | 35852 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Frequency With Which Rate Can Be Adjusted Properties with adjustable rate first mortgage |
9857 | 545 | 518 | 753 | 8041 |
Monthly | 1073 | 10 | 59 | 1 | 1003 |
Every 3 months | 111 | 0 | 6 | 0 | 105 |
Every 6 months | 473 | 0 | 14 | 47 | 413 |
Yearly | 694 | 1 | 16 | 23 | 654 |
Every 3 years | 165 | 0 | 5 | 0 | 160 |
Every 5 years | 910 | 0 | 11 | 49 | 850 |
Other | 271 | 4 | 24 | 17 | 227 |
Not reported | 6159 | 530 | 383 | 617 | 4629 |
Other properties | 51249 | 5716 | 5798 | 3883 | 35852 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Caps on Interest Rate Per Adjustment Period Properties with adjustable rate first mortgage |
9857 | 545 | 518 | 753 | 8041 |
Less than 1 percent | 123 | 0 | 5 | 1 | 116 |
1 percent | 0 | 0 | 0 | 0 | 0 |
1.1 to 1.9 percent | 115 | 0 | 4 | 0 | 111 |
2 percent | 368 | 0 | 6 | 23 | 339 |
2.1 to 2.9 percent | 166 | 0 | 0 | 4 | 161 |
3 percent | 69 | 1 | 0 | 0 | 67 |
3.1 to 3.9 percent | 137 | 0 | 5 | 47 | 85 |
4.0 percent or more | 164 | 0 | 0 | 9 | 154 |
No caps | 2475 | 11 | 108 | 52 | 2304 |
Not reported | 6241 | 533 | 389 | 617 | 4703 |
Other properties | 51249 | 5716 | 5798 | 3883 | 35852 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Caps on Interest Rate Over Life of ARM Properties with adjustable rate first mortgage |
9857 | 545 | 518 | 753 | 8041 |
Less than 1 percent | 49 | 0 | 0 | 1 | 48 |
1 percent | 0 | 0 | 0 | 0 | 0 |
1.1 to 1.9 percent | 5 | 0 | 0 | 0 | 5 |
2 percent | 5 | 0 | 0 | 0 | 5 |
2.1 to 2.9 percent | 24 | 0 | 9 | 0 | 14 |
3 percent | 43 | 0 | 0 | 0 | 43 |
3.1 to 3.9 percent | 22 | 0 | 0 | 0 | 22 |
4.0 percent or more | 1432 | 1 | 35 | 14 | 1382 |
No caps | 1977 | 11 | 78 | 121 | 1768 |
Not reported | 6299 | 533 | 396 | 617 | 4753 |
Other properties | 51249 | 5716 | 5798 | 3883 | 35852 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Interest Rate Changed Since Mortgage Made Properties with adjustable rate first mortgage |
9857 | 545 | 518 | 753 | 8041 |
Yes, rate has changed | 2474 | 15 | 98 | 70 | 2291 |
No change since mortgage made | 1287 | 0 | 33 | 63 | 1191 |
Not reported | 6096 | 530 | 387 | 620 | 4559 |
Other properties | 51249 | 5716 | 5798 | 3883 | 35852 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Change in Monthly Interest and Principal Payments Other Than Change in Interest Rate Monthly payments can change (other than change in interest ra | 310 | 0 | 51 | 0 | 259 |
Payments can change monthly | 22 | 0 | 11 | 0 | 10 |
Payments can change every three months | 1 | 0 | 0 | 0 | 1 |
Payments can change every six months | 21 | 0 | 0 | 0 | 21 |
Payments can change yearly | 142 | 0 | 39 | 0 | 103 |
Payments can change every 3 years | 38 | 0 | 0 | 0 | 38 |
Payments can change every 5 years | 54 | 0 | 0 | 0 | 54 |
Other | 31 | 0 | 0 | 0 | 31 |
Not reported | 1 | 0 | 0 | 0 | 1 |
Monthly payments cannot change |
54468 | 5723 | 5870 | 4018 | 38857 |
Not reported | 6327 | 538 | 396 | 617 | 4777 |
First Mortgage Allows for Negative Amortization Monthly payments can change (other than change in interest rate) |
310 | 0 | 51 | 0 | 259 |
Yes, unrestricted negative amortization | 17 | 0 | 9 | 0 | 9 |
Yes, restricted negative amortization | 88 | 0 | 29 | 0 | 60 |
No negative amortization allowed | 204 | 0 | 14 | 0 | 191 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Monthly payments cannot change | 54468 | 5723 | 5870 | 4018 | 38857 |
Not reported | 6327 | 538 | 396 | 617 | 4777 |
MORTGAGE PAYMENTS AND OTHER EXPENSES Method of Payment of First Mortgage Regular payments of interest and/or principal |
57701 | 5901 | 5923 | 4352 | 41525 |
Interest and principal | 57200 | 5901 | 5850 | 4351 | 41098 |
Fully amortized | 44160 | 5335 | 4322 | 3941 | 30561 |
Not fully amortized | 13040 | 566 | 1527 | 409 | 10537 |
Interest only | 501 | 0 | 73 | 1 | 427 |
No regular payments required | 554 | 12 | 33 | 1 | 508 |
Not reported | 2850 | 347 | 361 | 282 | 1860 |
Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal |
57200 | 5901 | 5850 | 4351 | 41098 |
Real estate taxes | 14694 | 2170 | 2429 | 266 | 9829 |
Property insurance | 10761 | 2162 | 2335 | 137 | 6128 |
Mortgage insurance | 4644 | 2069 | 1678 | 143 | 754 |
Other | 8849 | 1735 | 2231 | 145 | 4737 |
No items included or not reported | 42191 | 3668 | 3361 | 4085 | 31077 |
No regular payments of interest and principal |
3906 | 360 | 467 | 285 | 2795 |
Monthly Interest and Principal Payments on First Mortgage Per Housing Unit Regular monthly payments of interest and/or principal |
60551 | 6249 | 6284 | 4634 | 43385 |
Less than $100 | 9338 | 1025 | 1186 | 933 | 6195 |
$100 to $199 | 18480 | 2014 | 1106 | 1405 | 13955 |
$200 to $299 | 16475 | 1443 | 2556 | 1106 | 11370 |
$300 to $399 | 6807 | 655 | 597 | 465 | 5090 |
$400 to $499 | 3065 | 365 | 218 | 217 | 2265 |
$500 to $599 | 1326 | 156 | 82 | 87 | 1000 |
$600 to $699 | 629 | 100 | 59 | 49 | 421 |
$700 to $799 | 369 | 42 | 49 | 45 | 232 |
$800 to $899 | 225 | 20 | 8 | 15 | 182 |
$900 to $999 | 134 | 1 | 7 | 0 | 125 |
$1,000 to $1,249 | 263 | 57 | 12 | 17 | 178 |
$1,250 to $1,499 | 143 | 1 | 6 | 4 | 132 |
$1,500 or more | 449 | 23 | 38 | 9 | 379 |
Not reported | 2850 | 347 | 361 | 282 | 1860 |
Median | 206 | 196 | 226 | 188 | 205 |
Mean | 257 | 241 | 245 | 221 | 265 |
No regular payments required | 554 | 12 | 33 | 1 | 508 |
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest |
60551 | 6249 | 6284 | 4634 | 43385 |
Up-to-date, ahead of schedule, or less than 90 days past due |
21279 | 2190 | 3744 | 424 | 14921 |
Delinquent by 90 days or more | 140 | 8 | 9 | 0 | 123 |
Legal proceedings have begun | 18 | 2 | 0 | 0 | 16 |
Legal proceedings have not begun | 115 | 6 | 9 | 0 | 99 |
Not reported | 7 | 0 | 0 | 0 | 7 |
Not reported | 39132 | 4050 | 2530 | 4210 | 28341 |
Other properties | 554 | 12 | 33 | 1 | 508 |
Monthly Interest and Principal Payments on Total Mortgages Per Housing Unit Regular monthly payments of interest and/or principal |
60551 | 6249 | 6284 | 4634 | 43385 |
Less than $100 | 11571 | 1286 | 1413 | 1146 | 7725 |
$100 to $199 | 18030 | 1950 | 1143 | 1398 | 13538 |
$200 to $299 | 16452 | 1469 | 2602 | 1122 | 11259 |
$300 to $399 | 7474 | 724 | 610 | 519 | 5621 |
$400 to $499 | 3217 | 368 | 235 | 212 | 2402 |
$500 to $599 | 1426 | 179 | 86 | 86 | 1075 |
$600 to $699 | 691 | 107 | 61 | 58 | 465 |
$700 to $799 | 399 | 44 | 55 | 48 | 252 |
$800 to $899 | 248 | 20 | 9 | 15 | 204 |
$900 to $999 | 137 | 8 | 8 | 0 | 120 |
$1,000 to $1,249 | 269 | 57 | 14 | 18 | 180 |
$1,250 to $1,499 | 146 | 1 | 9 | 4 | 132 |
$1,500 or more | 493 | 35 | 38 | 9 | 411 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Median | 204 | 194 | 222 | 184 | 204 |
Mean | 253 | 241 | 238 | 214 | 261 |
No regular payments required | 554 | 12 | 33 | 1 | 508 |
Interest and Principal Payment on First Mortgage as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or princi | 51555 | 5123 | 5500 | 3983 | 36949 |
Less than 20 percent | 7092 | 621 | 826 | 854 | 4790 |
20 to 29 percent | 9847 | 1002 | 757 | 583 | 7505 |
30 to 39 percent | 13281 | 1326 | 2217 | 861 | 8876 |
40 to 49 percent | 9671 | 914 | 661 | 719 | 7377 |
50 to 59 percent | 5508 | 561 | 493 | 570 | 3884 |
60 to 69 percent | 2371 | 286 | 183 | 222 | 1679 |
70 to 79 percent | 953 | 102 | 72 | 63 | 716 |
80 to 89 percent | 380 | 21 | 98 | 13 | 248 |
90 to 99 percent | 286 | 40 | 12 | 32 | 202 |
100 percent or more | 2044 | 247 | 179 | 57 | 1561 |
Not reported or not computed | 123 | 4 | 1 | 10 | 108 |
Median | 37 | 37 | 35 | 36 | 37 |
Other properties | 9550 | 1138 | 816 | 652 | 6944 |
Interest and Principal Payment on Total Mortgages as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or principal | 51659 | 5126 | 5506 | 4007 | 37019 |
Less than 20 percent | 6594 | 533 | 763 | 781 | 4516 |
20 to 29 percent | 9382 | 956 | 652 | 587 | 7187 |
30 to 39 percent | 12803 | 1322 | 2206 | 858 | 8417 |
40 to 49 percent | 10146 | 939 | 686 | 745 | 7776 |
50 to 59 percent | 5931 | 629 | 543 | 605 | 4154 |
60 to 69 percent | 2721 | 295 | 272 | 252 | 1902 |
70 to 79 percent | 1032 | 122 | 82 | 63 | 766 |
80 to 89 percent | 440 | 22 | 100 | 14 | 304 |
90 to 99 percent | 369 | 39 | 17 | 33 | 280 |
100 percent or more | 2113 | 266 | 183 | 59 | 1605 |
Not reported or not computed | 127 | 4 | 1 | 10 | 111 |
Median | 38 | 38 | 36 | 37 | 38 |
Other properties | 9446 | 1135 | 810 | 628 | 6874 |
Real Estate Tax Per Housing Unit Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than $100 | 5802 | 569 | 378 | 578 | 4277 |
$100 to $199 | 3869 | 467 | 391 | 179 | 2832 |
$200 to $299 | 6385 | 775 | 730 | 807 | 4074 |
$300 to $399 | 6815 | 725 | 560 | 498 | 5032 |
$400 to $499 | 5574 | 599 | 389 | 577 | 4009 |
$500 to $599 | 4976 | 518 | 439 | 375 | 3644 |
$600 to $699 | 4403 | 344 | 398 | 264 | 3398 |
$700 to $799 | 5219 | 333 | 1782 | 146 | 2957 |
$800 to $899 | 2365 | 160 | 168 | 205 | 1832 |
$900 to $999 | 1785 | 166 | 183 | 118 | 1319 |
$1,000 to $1,249 | 3038 | 265 | 252 | 229 | 2292 |
$1,250 to $1,499 | 1424 | 186 | 92 | 111 | 1035 |
$1,500 to $1,999 | 1245 | 124 | 37 | 63 | 1021 |
$2,000 to $2,499 | 441 | 31 | 9 | 26 | 374 |
$2,500 or more | 591 | 58 | 23 | 43 | 468 |
Not reported | 591 | 149 | 12 | 40 | 390 |
Median | 473 | 421 | 607 | 408 | 477 |
Mean | 580 | 545 | 582 | 513 | 591 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |
Real Estate Tax Per $1,000 Value Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than $5 | 7448 | 720 | 478 | 595 | 5655 |
$5 to $9 | 10417 | 1179 | 844 | 837 | 7557 |
$10 to $14 | 13407 | 1531 | 1407 | 1249 | 9220 |
$15 to $19 | 9253 | 688 | 2022 | 743 | 5800 |
$20 to $24 | 4458 | 330 | 324 | 323 | 3480 |
$25 to $29 | 2951 | 337 | 235 | 156 | 2222 |
$30 to $39 | 5941 | 524 | 513 | 306 | 4599 |
$40 to $49 | 11 | 0 | 3 | 0 | 8 |
$50 to $59 | 4 | 0 | 0 | 0 | 4 |
$60 or more | 45 | 10 | 5 | 10 | 20 |
Not reported or not computed | 591 | 149 | 12 | 40 | 390 |
Median | 13 | 12 | 15 | 13 | 13 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |
Real Estate Tax as Percent of Rental Receipts Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than 5 percent | 12701 | 1420 | 829 | 889 | 9562 |
5 to 9 percent | 25285 | 2578 | 3636 | 2268 | 16803 |
10 to 14 percent | 10830 | 863 | 893 | 692 | 8383 |
15 to 19 percent | 2602 | 220 | 217 | 197 | 1966 |
20 to 24 percent | 1172 | 79 | 168 | 89 | 836 |
25 to 29 percent | 330 | 19 | 46 | 19 | 245 |
30 to 34 percent | 128 | 15 | 9 | 14 | 91 |
35 to 39 percent | 62 | 0 | 8 | 0 | 55 |
40 percent or more | 696 | 122 | 25 | 40 | 509 |
Not reported or not computed | 721 | 153 | 14 | 50 | 504 |
Median | 8 | 7 | 8 | 8 | 8 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |
Property Management Property managed by paid property management company |
53642 | 5317 | 5456 | 4077 | 38792 |
Property not managed by paid property management company |
4980 | 769 | 434 | 369 | 3408 |
Not reported | 2483 | 175 | 426 | 189 | 1692 |
Property Management and Administration Expenses Per Housing Unit Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than $100 | 880 | 22 | 45 | 65 | 747 |
$100 to $199 | 2610 | 264 | 171 | 188 | 1987 |
$200 to $299 | 5643 | 468 | 371 | 418 | 4386 |
$300 to $399 | 7425 | 626 | 654 | 949 | 5194 |
$400 to $499 | 6691 | 553 | 1965 | 336 | 3837 |
$500 to $599 | 3733 | 399 | 166 | 339 | 2829 |
$600 to $699 | 2661 | 188 | 302 | 143 | 2028 |
$700 to $799 | 2445 | 255 | 227 | 224 | 1739 |
$800 to $899 | 1905 | 168 | 170 | 135 | 1432 |
$900 to $999 | 1718 | 314 | 106 | 60 | 1238 |
$1,000 to $1,249 | 4002 | 685 | 352 | 172 | 2793 |
$1,250 to $1,499 | 2668 | 309 | 246 | 237 | 1876 |
$1,500 to $1,999 | 2146 | 169 | 195 | 181 | 1601 |
$2,000 to $2,499 | 668 | 87 | 58 | 99 | 424 |
$2,500 or more | 1315 | 127 | 42 | 87 | 1058 |
No expenses | 2649 | 242 | 195 | 244 | 1968 |
Not reported or not computed | 5367 | 590 | 580 | 380 | 3817 |
Median | 500 | 596 | 466 | 459 | 515 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than $100 | 1701 | 198 | 177 | 121 | 1205 |
$100 to $199 | 2336 | 154 | 201 | 204 | 1777 |
$200 to $299 | 3035 | 290 | 258 | 207 | 2281 |
$300 to $399 | 3625 | 301 | 515 | 289 | 2520 |
$400 to $499 | 3956 | 366 | 284 | 285 | 3021 |
$500 to $599 | 3809 | 316 | 328 | 253 | 2912 |
$600 to $699 | 3894 | 398 | 298 | 516 | 2681 |
$700 to $799 | 3267 | 321 | 284 | 234 | 2428 |
$800 to $899 | 4348 | 274 | 1688 | 235 | 2152 |
$900 to $999 | 2276 | 194 | 232 | 140 | 1709 |
$1,000 to $1,249 | 5489 | 572 | 317 | 320 | 4280 |
$1,250 to $1,499 | 3390 | 492 | 229 | 268 | 2401 |
$1,500 to $1,999 | 3603 | 440 | 257 | 342 | 2565 |
$2,000 to $2,499 | 1419 | 231 | 69 | 100 | 1019 |
$2,500 or more | 1918 | 324 | 106 | 118 | 1370 |
No expenses | 382 | 27 | 17 | 59 | 279 |
Not reported or not computed | 6079 | 570 | 585 | 569 | 4355 |
Median | 751 | 834 | 816 | 689 | 731 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |
Utility and Fuel Expenses Per Housing Unit Acquired before 2000 |
54526 | 5468 | 5844 | 4259 | 38955 |
Less than $250 | 4141 | 397 | 421 | 236 | 3086 |
$250 to $499 | 13717 | 1581 | 1339 | 917 | 9880 |
$500 to $749 | 13807 | 1180 | 2457 | 802 | 9367 |
$750 to $999 | 7962 | 767 | 560 | 811 | 5823 |
$1,000 to $1,249 | 4215 | 413 | 202 | 463 | 3137 |
$1,250 to $1,499 | 1887 | 232 | 136 | 148 | 1371 |
$1,500 to $1,749 | 1046 | 139 | 47 | 167 | 693 |
$1,750 to $1,999 | 464 | 58 | 20 | 29 | 358 |
$2,000 to $2,499 | 336 | 48 | 20 | 20 | 249 |
$2,500 or more | 506 | 74 | 33 | 40 | 358 |
No expenses | 572 | 41 | 10 | 141 | 380 |
Not reported or not computed | 5874 | 540 | 598 | 485 | 4252 |
Median | 612 | 599 | 587 | 707 | 612 |
Acquired 2000 and 2001 (part) | 6579 | 792 | 473 | 376 | 4938 |