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Residential Finance Survey - Detailed Regional Tables: 2001

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Residential Finance Survey: 2001 - United States
Table 5-5. First Mortgage Loan, Rental and Vacant 2- to 4-Housing-Unit Mortgaged Properties
^Number of mortgaged properties in thousands.
Mortgage made 1997 to 2001 (part).
For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base for derived figures (percent, median, etc.) and meaning of symbols, see text.
Monthly Rental Receipts Per Housing Unit and Interest and Principal Payments on Total Mortgages as Percent of Rental Receipts acquired before 2000 excludes properties with less than half of units in rental market during all of year preceding survey and cooperatively owned properties^^

Amount of first mortgage loan
Total Less
than
$20,000		 $20,000
to
$29,999		 $30,000
to
$39,999		 $40,000
to
$49,999		 $50,000
to
$59,999		 $60,000
to
$79,999		 $80,000
to
$99,999		 $100,000
to
$149,999		 $150,000
to
$199,999		 $200,000
to
$249,999		 $250,000
to
$299,999		 $300,000
or
more		 Not
reported		 Median
(dollars)

2- to 4-housing-unit properties
with a traditional first mortgage		 1118 39 63 75 106 73 167 153 231 96 38 19 49 9 84016

PROPERTY CHARACTERISTICS


Year Structure Built

1999 to March 2000		 19 0 0 0 0 1 0 3 12 0 0 1 2 0 122084
1997 and 1998 17 0 0 4 0 0 0 2 7 2 0 0 0 1 109510
1995 and 1996 22 0 0 0 0 0 4 2 5 4 3 0 4 0 154403
1990 to 1994 49 0 0 0 4 0 9 8 10 11 0 0 7 0 115070
1980 to 1989 134 3 3 3 18 8 24 25 32 10 2 2 2 3 86144
1970 to 1979 136 0 1 3 18 18 14 39 24 6 8 0 1 3 86157
1960 to 1969 119 3 13 16 12 0 10 21 26 12 2 2 4 0 86792
1950 to 1959 136 5 19 12 8 9 21 25 17 3 5 6 7 0 74693
1940 to 1949 94 4 8 11 10 18 10 9 7 6 4 5 3 0 58226
1939 or earlier 393 25 20 26 37 18 76 18 91 42 14 3 19 2 77970

Purchase Price Per Housing Unit@8

Properties acquired by
purchase 1997 to 2001 (part)		 410 11 15 16 42 20 73 49 99 38 9 13 23 2 91070
Less than $20,000 51 6 15 14 8 2 1 2 2 0 0 0 0 1 32800
$20,000 to $39,999 141 5 0 2 32 14 53 8 22 1 2 0 1 1 66406
$40,000 to $59,999 80 0 0 0 1 0 15 23 33 5 0 0 2 0 100789
$60,000 to $79,999 66 0 0 0 0 4 4 9 27 15 4 2 2 0 129902
$80,000 to $99,999 28 0 0 0 0 0 0 3 12 9 0 3 1 0 143863
$100,000 to $124,999 18 0 0 0 0 0 0 0 3 7 1 4 3 0 194324
$125,000 to $149,999 5 0 0 0 0 0 0 0 0 1 2 0 2 0 231480
$150,000 to $174,999 6 0 0 0 0 0 0 0 0 0 0 4 1 0 282451
$175,000 to $199,999 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
$200,000 to $249,999 4 0 0 0 0 0 0 0 0 0 0 0 4 0 500150000
$250,000 to $299,999 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
$300,000 to $499,999 6 0 0 0 0 0 0 0 0 0 0 0 6 0 500150000
$500,000 or more 7 0 0 0 0 0 0 5 0 0 0 0 1 0 92869
Median 43423 18454 10000 11329 27963 31943 33384 53359 55306 76957 71971 111552 169835 18058 ...
Mean 64889 15622 13813 15790 24255 40095 39542 107264 57795 81620 77919 116999 213088 15976 203917
Other properties 708 28 48 59 65 53 94 104 131 58 30 6 25 8 80703

Purchase Price as Percent of Value@8

Acquired by purchase		 1065 36 60 70 101 71 166 143 218 89 38 19 45 8 83272
Purchased 1997 to 2001 (part) 410 11 15 16 42 20 73 49 99 38 9 13 23 2 91070
Less than 60 percent 68 9 5 4 19 2 4 3 12 4 2 0 5 1 48273
60 to 69 percent 14 0 0 0 5 0 0 3 5 1 0 0 1 0 97203
70 to 79 percent 77 2 0 4 6 11 9 7 24 6 5 3 2 0 99418
80 to 99 percent 153 0 5 3 7 4 41 25 33 17 2 7 8 1 92869
100 percent or more 97 0 5 5 5 3 19 11 26 11 0 3 8 0 99137
Median 86 38 91 80 63 78 92 89 86 91 75 91 90 54 ...
Purchased 1990 to 1996 (part) 319 11 19 31 31 20 48 42 63 20 18 0 16 1 79660
Less than 40 percent 46 3 0 2 0 3 10 5 9 5 7 0 1 0 99883
40 to 59 percent 59 4 0 2 6 6 11 6 8 6 5 0 6 0 81974
60 to 79 percent 115 4 16 14 11 3 13 15 29 6 3 0 1 1 73364
80 to 99 percent 34 0 0 6 6 3 3 5 7 0 2 0 1 0 69451
100 percent or more 65 0 2 6 7 6 12 11 11 3 1 0 7 0 79279
Median 69 52 71 76 76 71 65 73 70 55 47 0 79 70 ...
Purchased 1989 or earlier 335 14 27 23 28 31 45 52 56 31 11 6 6 5 78765
Less than 20 percent 40 3 4 4 0 1 2 7 4 9 4 2 0 1 97583
20 to 39 percent 83 5 7 2 11 9 14 7 23 3 1 1 0 0 71556
40 to 59 percent 80 3 7 14 3 13 18 1 7 8 5 0 2 0 60881
60 to 79 percent 48 0 0 0 4 5 3 20 15 1 0 0 0 0 92471
80 to 99 percent 22 0 5 0 4 0 4 6 0 0 0 1 0 2 67383
100 percent or more 63 4 5 3 7 4 4 9 8 9 2 2 4 2 86993
Median 51 39 50 49 59 49 47 70 45 47 44 40 1913 93 ...
Not acquired by purchase 53 3 3 5 6 2 1 10 13 7 0 0 4 2 95196

Monthly Rental Receipts Per Housing Unit

Acquired before 2000		 944 39 53 70 88 70 135 122 188 84 37 13 36 9 82106
Less than $100 25 3 2 8 3 1 0 5 1 0 0 0 1 1 38125
$100 to $199 72 4 14 4 12 7 18 3 0 4 0 0 2 4 49946
$200 to $299 121 7 16 17 26 10 13 7 10 10 1 1 0 2 47220
$300 to $399 161 12 15 18 26 10 24 23 28 1 4 0 2 0 60859
$400 to $499 133 0 3 11 1 27 31 12 30 12 0 4 1 0 76043
$500 to $599 124 8 4 0 6 0 31 36 25 10 4 1 0 0 87840
$600 to $799 74 0 0 0 5 7 5 22 26 1 8 0 0 0 98247
$800 to $999 125 3 0 8 2 8 6 11 40 25 13 2 9 0 131607
$1000 or more 76 2 0 0 0 0 1 2 21 21 7 4 17 1 178079
No rental receipts 33 0 0 4 6 2 7 0 8 1 0 0 4 1 71740
Median 458 340 265 322 300 426 429 529 584 837 819 579 57950 171 ...
Mean 528 381 260 335 298 412 403 504 619 786 750 710 1414 533 164268
Acquired 2000 and 2001 (part) 175 0 10 5 19 3 33 31 42 12 2 6 13 0 91624

Age Restrictions

Property restricted to people
age 55 or older		 240 7 6 7 29 15 37 33 57 25 7 1 14 2 91370
Property not restricted to people
age 55 or older		 854 28 55 68 78 54 130 116 170 68 29 18 33 7 81970
Not reported 24 4 3 0 0 4 0 3 3 2 2 0 1 1 82807

OWNER CHARACTERISTICS


Type of Owner

Individual investor(s)		 957 33 53 53 99 69 147 129 203 87 34 13 32 4 83515
Limited partnership 64 0 5 13 0 2 8 14 11 4 3 0 0 3 82648
Joint venture 8 2 3 0 0 0 0 0 1 2 0 0 0 0 27381
General partnership 11 0 0 1 0 0 3 3 0 0 0 0 1 2 79958
Life insurance company 5 0 0 0 0 0 0 0 2 0 0 1 1 0 147673
Depository institution 2 0 0 0 0 0 0 0 0 0 0 0 2 0 500150000
Public real estate investment trust 1 0 0 0 0 1 0 0 0 0 0 0 0 0 55000
Private real estate investment trust 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Corporation - other than real estate
investment trust		 52 0 3 8 5 0 4 3 12 3 2 4 7 0 109395
Housing cooperative organization 4 4 0 0 0 0 0 0 0 0 0 0 0 0 10001
Non-profit or church-related institution 12 0 0 0 2 0 2 3 0 0 0 0 5 0 97021
Pension fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Fraternal organization 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 3 0 0 0 0 0 3 0 0 0 0 0 0 0 70000

MORTGAGE CHARACTERISTICS


Number of Mortgages

1 mortgage		 961 33 57 68 82 63 136 140 193 81 37 19 43 9 85230
2 mortgages 148 6 6 7 24 7 32 11 34 15 2 0 4 0 74828
3 or more mortgages 9 0 0 0 0 2 0 2 3 0 0 0 2 0 106358

Form of Debt of First Mortgage

Mortgage or deed of trust		 1118 39 63 75 106 73 167 153 231 96 38 19 49 9 84016
Contract to purchase 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Some other loan secured by this property 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Method of Loan Application

By computer over the Internet or
by e-mail		 4 0 0 0 0 0 0 0 4 0 0 0 0 0 125000
By telephone or FAX 79 0 3 0 10 0 5 14 11 18 10 3 2 1 128596
By regular mail 17 0 2 0 0 0 0 6 4 3 0 0 1 0 102047
By personal visit 754 27 39 66 66 65 116 101 159 47 22 15 27 4 79329
Through third party (such as real
estate agent or builder)		 144 1 3 0 19 3 22 20 35 21 6 1 11 2 103323
Some other way 16 0 3 0 0 0 11 0 1 1 0 0 0 0 68649
Not reported 73 7 6 8 5 6 12 11 7 5 0 0 5 1 67386
Not available 30 4 6 1 6 0 1 0 9 0 0 0 2 1 45607

Origin of First Mortgage

Mortgage made at time property acquired		 854 28 43 60 93 57 138 112 163 69 30 15 39 6 80777
Mortgage assumed at the time property
acquired		 53 4 10 5 8 1 1 0 14 6 0 0 2 2 48204
Mortgage placed later than acquisition of
property		 211 7 10 9 6 14 29 41 53 21 8 4 7 1 94324
Refinanced mortgage 185 5 10 9 5 11 23 41 44 18 8 2 7 1 93902
Same lender 62 0 3 5 3 0 7 13 17 5 6 0 3 0 99796
Different lender 123 5 7 4 2 11 17 28 27 13 2 2 4 1 91045
Mortgage placed on property
owned free and clear of debt		 26 3 0 0 1 3 6 0 10 3 0 2 0 0 104499
Not available 0 0 0 0 0 0 0 0 0 0 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		 211 7 10 9 6 14 29 41 53 21 8 4 7 1 94324
Obtain lower interest rate 107 0 10 7 5 3 7 29 35 6 2 0 2 1 94026
Increase payment period for mortgage 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Reduce payment period for mortgage 5 0 0 0 0 0 4 0 1 0 0 0 0 0 72809
Renew or extend loan that had fallen
due, without increasing outstanding
balance		 6 0 0 0 0 0 0 0 0 6 0 0 0 0 175000
Receive cash or increase outstanding
balance of loan		 61 3 0 0 1 7 14 10 8 8 6 2 3 0 92497
Other reason 23 5 0 2 0 2 0 2 9 1 0 0 3 0 107551
Not reported 8 0 0 0 0 3 3 0 0 0 0 2 0 0 65912
Other properties 907 32 53 65 101 58 138 112 177 75 30 15 41 8 80243
Not available 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Cash Received From Refinancing or
Placing Mortgage on Property Owned
Free and Clear

Properties on which cash
received		 97 7 2 2 1 10 14 18 13 19 6 2 1 0 92804
Less than $20,000 32 7 2 2 0 3 7 6 5 0 0 0 0 0 65081
$20,000 to $39,999 17 0 0 0 0 0 0 10 2 0 5 0 0 0 97097
$40,000 to $59,999 22 0 0 0 1 7 2 0 6 4 0 2 0 0 109436
$60,000 to $79,999 7 0 0 0 0 0 6 0 0 1 0 0 0 0 72506
$80,000 to $99,999 2 0 0 0 0 0 0 2 0 0 0 0 0 0 90000
$100,000 to $124,999 6 0 0 0 0 0 0 0 0 4 2 0 0 0 182717
$125,000 to $149,999 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
$150,000 to $174,999 10 0 0 0 0 0 0 0 0 10 0 0 0 0 175000
$175,000 to $199,999 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
$200,000 to $249,999 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
$250,000 to $299,999 1 0 0 0 0 0 0 0 0 0 0 0 1 0 500150000
$300,000 or more 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Median 39156 10000 10000 10000 50000 45704 42433 26275 35656 150752 33334 50000 275000 0 ...
Mean 51205 12116 14000 10000 42600 34430 38375 28852 33246 116992 40002 50000 250000 0 205869
Properties that refinanced
and did not receive cash back		 97 0 8 7 5 0 13 23 33 2 2 0 3 1 92812
Properties that refinanced
and did not report if received
cash back		 17 0 0 0 0 4 1 0 7 0 0 2 3 0 122473
Properties that did not
refinance		 907 32 53 65 101 58 138 112 177 75 30 15 41 8 80243
Not available 0 0 0 0 0 0 0 0 0 0 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		 97 7 2 2 1 10 14 18 13 19 6 2 1 0 92804
For additions, improvements or repairs
to this property		 27 5 0 0 1 6 3 0 5 7 0 0 0 0 72636
To consolidate debts 33 3 2 0 0 0 7 5 2 8 6 0 0 0 98394
For investment in other real estate 30 0 0 2 1 2 7 9 0 9 0 0 0 0 86526
For other types of investments 5 0 0 0 0 0 0 0 5 0 0 0 0 0 125000
For educational or medical expenses 8 0 0 0 0 0 6 0 0 0 0 2 0 0 73477
To start a business 6 0 0 0 0 2 0 0 4 0 0 0 0 0 113832
To settle a divorce 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
To pay taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
To purchase an automobile, truck, or
other vehicle		 6 3 0 0 0 3 0 0 0 0 0 0 0 0 50888
To purchase consumer product other than
automobile, truck, or other vehicle		 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 7 0 0 0 0 2 0 4 0 0 0 0 1 0 87518
Not reported 0 0 0 0 0 0 0 0 0 0 0 0 0 0 90000
Properties that refinanced
and did not receive cash back		 97 0 8 7 5 0 13 23 33 2 2 0 3 1 92812
Properties that refinanced
and did not report if received
cash back		 17 0 0 0 0 4 1 0 7 0 0 2 3 0 122473
Properties that did not
refinance		 907 32 53 65 101 58 138 112 177 75 30 15 41 8 80243
Not available 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Current Interest Rate on First Mortgage

Less than 6.0 percent		 376 20 23 25 39 24 61 49 73 15 19 6 19 3 78267
6.0 percent 12 0 0 0 3 0 0 0 2 4 0 0 3 0 161466
6.1 to 6.4 percent 6 0 0 3 0 0 0 2 0 0 0 0 0 0 38131
6.5 to 6.9 percent 78 0 0 3 0 0 9 6 21 21 7 4 7 0 151181
7.0 percent 84 7 0 13 8 4 19 15 12 5 0 0 0 2 69975
7.1 to 7.4 percent 42 0 6 0 5 8 0 2 10 6 6 0 0 0 101889
7.5 to 7.9 percent 99 0 8 2 7 7 11 20 28 10 2 2 2 0 94320
8.0 percent 35 0 3 0 2 2 4 7 11 2 0 0 4 0 99502
8.1 to 8.4 percent 55 0 5 10 0 8 0 6 11 3 0 6 6 0 94794
8.5 to 8.9 percent 50 3 0 9 5 0 7 10 8 8 0 0 0 0 81877
9.0 percent 17 0 0 0 0 3 4 6 0 3 0 0 0 2 83692
9.1 to 9.4 percent 16 0 0 0 4 0 4 0 6 1 0 0 1 0 102013
9.5 to 9.9 percent 12 0 1 1 0 2 2 0 2 2 0 0 2 0 74253
10.0 percent 29 4 7 3 5 0 3 3 0 4 0 0 0 0 40157
10.1 to 10.4 percent 7 0 0 0 0 0 3 0 0 0 2 0 2 0 219753
10.5 to 10.9 percent 13 0 0 0 0 6 3 0 0 3 0 0 0 0 61516
11.0 percent 18 0 0 0 6 0 0 7 3 0 3 0 0 0 90014
11.1 to 12.9 percent 28 0 4 0 1 3 3 7 9 0 0 0 0 0 86828
13.0 percent 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
13.1 percent or more 142 5 6 5 21 7 36 13 35 9 0 0 4 3 74606
Not reported 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Median 7.1 5.7 7.7 7.0 7.3 7.6 7.1 7.6 7.4 7.3 6.5 6.9 6.7 7.1 ...

Type of Interest Rate Buydown

Properties with interest rate
buydown		 18 0 0 0 1 2 4 0 5 4 0 0 0 2 106407
Constant payment 3 0 0 0 0 0 0 0 3 0 0 0 0 0 125000
3-2-1 buydown 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Not reported 15 0 0 0 1 2 4 0 2 4 0 0 0 2 75717
Properties without interest
rate buydown		 428 7 31 24 41 28 45 60 96 59 11 14 12 0 92622
Not reported 673 32 32 50 64 43 119 93 130 33 27 5 37 8 78715

Term of First Mortgage

Less than 5 years		 20 0 5 0 0 2 3 3 0 6 1 1 0 0 82023
5 years 17 4 0 0 2 8 3 0 0 0 0 0 0 0 53314
6 to 9 years 2 0 0 0 2 0 0 0 0 0 0 0 0 0 45000
10 years 11 0 2 0 0 1 4 0 0 2 0 0 2 0 69557
11 to 14 years 9 0 3 2 0 0 0 0 4 0 0 0 0 0 38774
15 years 87 0 14 8 1 10 15 6 20 5 0 0 6 0 72386
16 to 19 years 1 0 0 0 0 0 0 0 1 0 0 0 0 0 125000
20 years 43 0 1 3 13 0 1 3 13 4 2 2 1 0 100208
21 to 24 years 2 0 0 0 0 0 0 0 0 0 0 0 0 2 0
25 years 22 3 2 2 3 0 4 0 0 2 0 0 6 0 64795
26 to 29 years 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
30 years 362 0 10 21 27 18 39 70 81 56 16 11 14 0 99285
More than 30 years 6 0 0 0 0 0 0 0 1 2 0 0 0 2 164980
No stated term 536 32 25 38 59 34 98 71 110 19 19 5 20 6 75574
Median 30 6 16 30 30 16 30 30 30 30 30 30 26 38 ...

Servicer of First Mortgage

Commercial bank or trust company		 214 3 27 18 21 10 45 27 33 11 6 2 9 2 72034
Savings and loan association, federal
savings bank		 177 11 6 13 16 13 25 20 41 16 4 4 11 0 86617
Mutual savings bank 50 1 0 5 11 0 3 10 10 4 0 0 5 0 88214
Life insurance company 20 3 0 0 0 1 5 2 4 3 1 0 0 0 87752
Mortgage banker or mortgage company 463 9 18 30 31 38 55 61 111 52 22 8 19 7 94986
Federally-sponsored secondary market
agency or pool		 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Conventional mortgage pool 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other federal agency 26 3 6 0 2 0 0 7 8 0 0 0 0 0 85771
Real estate investment trust 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Pension or retirement fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Credit union 41 0 0 0 3 3 14 3 6 3 2 4 1 0 79745
Finance company 11 0 0 0 4 0 0 7 0 0 0 0 0 0 84440
State or municipal government or
housing finance agency		 62 0 4 6 14 7 5 13 7 6 0 0 1 0 63864
Individual or individual's estate 30 4 3 2 2 0 4 0 11 0 3 0 2 0 103658
Other 23 5 0 0 3 1 11 3 0 0 0 0 0 0 64231

Holder's Acquisition of First Mortgage

Originated directly from borrower		 597 16 37 47 58 34 85 76 126 46 22 10 33 6 84721
Purchased from present servicer 275 14 18 7 19 27 41 49 55 28 6 4 5 1 84230
Purchased from someone else 246 9 8 21 29 12 41 28 50 22 10 4 11 2 81727
Not reported 0 0 0 0 0 0 0 0 0 0 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 		859 29 50 61 95 57 138 106 165 68 30 15 38 7 79329
Less than 40 percent 28 9 0 3 1 5 0 7 2 0 0 0 0 0 50005
40 to 49 percent 15 0 0 1 2 1 6 0 2 0 0 0 2 0 69052
50 to 59 percent 38 0 0 2 4 3 1 8 10 3 4 0 3 0 107846
60 to 69 percent 98 12 9 0 8 0 23 13 15 11 0 1 6 0 77291
70 to 79 percent 126 4 11 5 21 16 15 18 18 12 2 3 3 0 68461
80 to 89 percent 138 0 10 6 5 15 19 21 39 3 7 4 8 0 93231
90 to 94 percent 80 0 0 22 6 3 8 5 21 6 2 2 5 0 83462
95 to 99 percent 35 0 4 0 0 0 7 9 12 3 1 0 0 0 95130
100 percent or more 294 4 16 23 48 13 60 24 47 30 14 5 11 0 74691
Not reported 7 0 0 0 0 0 0 0 0 0 0 0 0 7 0
Median 89 64 85 93 95 82 94 83 89 94 96 89 86 0 ...
Other properties 260 10 13 14 11 16 29 47 66 28 8 4 11 3 95061
Not available 0 0 0 0 0 0 0 0 0 0 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		 859 29 50 61 95 57 138 106 165 68 30 15 38 7 79329
Less than 40 percent 31 9 0 0 1 6 0 10 2 0 0 0 2 0 57493
40 to 49 percent 9 0 0 3 2 3 0 0 0 1 0 0 0 0 47630
50 to 59 percent 29 0 4 0 2 3 3 5 7 0 2 0 3 0 89817
60 to 69 percent 197 16 14 10 20 12 41 21 32 11 6 1 12 0 73025
70 to 79 percent 153 0 14 0 8 8 21 27 30 24 6 10 5 0 98527
80 to 89 percent 138 0 6 6 18 15 19 14 38 8 7 0 7 0 87859
90 to 94 percent 46 0 0 9 1 0 3 5 14 11 2 2 0 0 119573
95 to 99 percent 28 0 0 0 0 0 3 9 14 0 1 0 0 0 104740
100 percent or more 221 4 12 34 43 11 48 14 28 13 6 2 8 0 63320
Not reported 7 0 0 0 0 0 0 0 0 0 0 0 0 7 0
Median 81 63 75 1097 88 77 82 76 83 79 81 77 73 0 ...
Other properties 260 10 13 14 11 16 29 47 66 28 8 4 11 3 95061
Not available 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

First Mortgage Risk

Subprime loan		 52 0 6 1 11 0 9 8 14 3 0 0 0 0 78482
Not subprime loan 1066 39 57 74 96 73 158 145 216 93 38 19 49 9 84336
Not reported 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Total Outstanding Debt as a Percent
of Value

Less than 20 percent		 90 9 12 18 8 6 15 13 4 1 0 0 0 2 44860
20 to 29 percent 108 12 0 5 13 15 3 8 32 6 7 0 7 0 96165
30 to 39 percent 129 4 14 9 8 10 8 19 25 9 13 2 8 0 91283
40 to 49 percent 143 14 15 3 22 10 22 9 29 12 4 0 2 0 66215
50 to 59 percent 183 0 3 16 10 14 33 39 42 11 4 5 6 0 88019
60 to 69 percent 135 0 11 5 13 5 17 17 26 25 3 0 14 0 100279
70 to 79 percent 114 0 2 8 9 4 30 23 16 11 2 6 4 0 83725
80 to 89 percent 104 0 0 7 8 3 25 13 26 14 4 2 2 0 94745
90 to 99 percent 44 0 5 0 7 0 11 8 10 2 0 0 0 0 77783
100 percent or more 60 0 0 3 8 6 4 4 20 6 0 4 5 0 114613
Not reported or not computed 8 0 0 0 0 1 0 0 0 0 0 0 0 8 55000
Median 55 29 43 51 51 45 61 57 56 64 39 74 61 10 ...

MORTGAGE PAYMENTS AND OTHER EXPENSES


Items Included in First Mortgage
Payment@1

Regular monthly payments of
both interest and principal		 1063 32 60 71 106 73 154 144 222 96 34 19 47 4 84528
Real estate taxes 281 0 21 18 24 24 22 46 55 44 2 12 11 2 93276
Property insurance 208 0 19 15 10 19 22 43 39 27 0 10 4 2 88746
Mortgage insurance 32 0 0 0 6 0 5 3 11 8 0 0 0 0 112943
Other 73 0 7 0 7 10 4 8 17 18 2 0 2 0 103866
No items included or not reported 770 32 39 53 82 47 130 98 163 48 32 7 36 2 80089
No regular payments of interest
and principal		 55 7 3 3 0 0 13 9 9 0 4 0 1 6 77156

Interest and Principal Payment on Total
Mortgages as Percent of Rental Receipts

Acquired before 2000 and regular
payments of interest and/or
principal 		906 35 50 66 88 70 129 118 182 84 32 13 35 4 82188
Less than 20 percent 23 4 3 5 2 3 2 4 1 1 0 0 0 0 43053
20 to 29 percent 53 3 4 5 11 6 5 2 11 5 0 0 0 2 55861
30 to 39 percent 46 0 3 10 4 3 0 7 18 2 0 0 0 0 91898
40 to 49 percent 91 3 0 10 6 12 12 10 23 7 1 0 9 0 87049
50 to 59 percent 142 7 15 5 11 4 26 26 22 11 10 2 2 0 81729
60 to 69 percent 152 11 3 13 16 13 32 23 18 10 8 4 1 0 72676
70 to 79 percent 50 4 4 0 5 3 3 4 10 10 2 0 3 0 104721
80 to 89 percent 85 0 7 0 7 8 4 18 27 8 0 2 2 2 96837
90 to 99 percent 30 0 0 3 5 0 4 0 12 3 0 0 3 0 113596
100 percent or more 195 0 11 13 13 16 34 24 33 25 12 6 9 0 89616
Not reported or not computed 38 3 0 4 9 2 7 0 8 1 0 0 4 0 63634
Median 65 59 63 54 64 64 65 65 67 75 67 84 80 81 ...
Other properties 213 4 13 9 19 3 38 34 49 12 6 6 14 6 90285
@8May not add to total because not reported and not calculated are not included.
@8May not add to total because not reported and not calculated are not included.
@1Detail does not add to total because more than one answer accepted.
@1Detail does not add to total because more than one answer accepted.


Go to Residential Finance Survey: 2001 Detailed Regional Tables
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Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: December 07, 2005