Residential Finance Survey

Residential Finance Survey: 2001 - South
Table 1-1d. Selected Summary Characteristics, All Properties
^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^^

		Homeowner properties					Rental and vacant properties
	All properties	Total	1 housing unit	2 to 4 housing units	Condo- minimums	Mobile homes	Total	1 housing unit	2 to 4 housing units	5 to 49 housing units	50 or more housing units	Condo- minimums	Mobile homes
ALL PROPERTIES (in thousands) Mortgage Status All properties	31379	24945	20447	208	1242	3048	6434	4173	490	93	24	631	1022
Mortgaged@2	17825	15433	13189	113	651	1481	2392	1587	266	51	20	276	191
Nonmortgaged	13554	9512	7258	95	591	1567	4042	2586	224	43	4	355	831
MORTGAGED PROPERTIES Type of First Mortgage Instrument Fixed-rate, level-payment mortgage	13084	11498	10536	91	473	398	1586	1138	156	37	16	185	54
Short-term with balloon payment mortgage	835	659	576	8	34	41	176	106	28	4	2	27	10
Reverse mortgage	4	4	4	0	0	0	0	0	0	0	0	0	0
Adjustable rate mortgage (ARM)	2092	1711	1497	13	119	83	381	248	69	9	2	39	13
Other	1810	1561	577	1	24	959	249	96	13	1	0	25	113
First Mortgage Insurance Status FHA-insured first mortgage	1926	1770	1629	22	94	24	156	108	15	4	2	21	5
VA-guaranteed first mortgage	557	498	483	2	10	4	60	50	10	0	0	0	0
Rural Housing Service/Rural Development-guaranteed loan	425	341	315	1	11	14	84	66	11	4	1	3	0
Insured by state agency	476	366	305	3	10	48	110	87	9	1	1	6	6
Insured by state agency with FHA insurance, VA or Rural Housing Service/Rural Development guarantee	12	8	8	0	0	0	4	4	0	0	0	0	0
Insured conventional first mortgage	1922	1754	1604	6	74	70	168	115	16	4	2	23	7
Uninsured conventional first mortgage	10893	9274	8392	79	435	368	1619	1098	191	37	14	213	65
Not available	1615	1424	454	1	17	953	191	60	13	0	0	11	108
Holder of First Mortgage Commercial bank or trust company	3149	2634	2158	25	104	347	515	340	56	13	3	61	42
Savings and loan association, federal savings bank	1573	1290	1058	4	38	190	283	152	44	6	2	46	33
Mutual savings bank	231	210	143	0	19	47	21	9	2	2	0	9	0
Life insurance company	302	257	228	0	21	9	45	30	6	2	1	2	5
Mortgage banker or mortgage company	1153	1038	947	6	50	34	115	74	16	1	0	24	0
Federally-sponsored secondary market agency or pool	7698	6849	6284	60	309	196	849	631	90	14	8	93	12
Conventional mortgage pool	201	185	152	4	11	19	16	14	0	0	0	2	0
Other federal agency	521	438	414	5	20	0	82	59	8	5	1	9	0
Real estate investment trust	13	13	11	0	1	0	0	0	0	0	0	0	0
Pension or retirement fund	13	12	8	0	0	4	0	0	0	0	0	0	0
Credit union	663	562	464	1	16	81	101	77	12	1	1	4	6
Finance company	1152	994	504	3	19	468	158	66	2	0	0	7	81
State or municipal government or housing finance agency	568	469	418	4	19	28	99	71	15	3	1	2	7
Individual or individual's estate	339	275	253	0	8	13	64	37	8	5	0	10	4
Other	250	207	145	1	16	46	43	26	8	1	1	7	0
Holder of Junior Mortgage Commercial bank or trust company	687	653	580	4	14	55	33	21	6	1	0	4	0
Savings and loan association, federal savings bank	298	283	226	1	4	52	16	5	3	0	0	0	7
Mutual savings bank	36	35	18	0	2	15	0	0	0	0	0	0	0
Life insurance company	24	23	20	0	4	0	1	0	1	0	0	0	0
Mortgage banker or mortgage company	76	76	74	0	2	0	0	0	0	0	0	0	0
Federally-sponsored secondary market agency or pool	458	410	394	3	7	6	48	38	5	1	1	3	0
Conventional mortgage pool	39	39	38	2	0	0	0	0	0	0	0	0	0
Other federal agency	23	23	23	0	0	0	0	0	0	0	0	0	0
Real estate investment trust	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
Credit union	585	555	510	0	12	33	30	27	2	2	0	0	0
Finance company	1396	1324	1138	10	23	153	73	49	15	1	0	5	3
State or municipal government or housing finance agency	60	59	53	0	6	0	1	0	0	1	0	0	0
Individual or individual's estate	52	48	43	0	5	0	4	0	4	0	0	0	0
Other	53	41	29	0	0	12	12	0	3	1	0	2	6
Holder of Equity Line of Credit Commercial bank or trust company	475	457	439	4	12	4	18	11	4	0	0	3	0
Savings and loan association, federal savings bank	75	75	73	0	2	0	0	0	0	0	0	0	0
Mutual savings bank	0	0	0	0	0	0	0	0	0	0	0	0	0
Credit union	505	477	457	1	15	4	28	17	9	2	0	0	0
Finance company	1495	1379	1297	10	33	40	116	78	17	1	0	12	8
Other	3	3	3	0	0	0	0	0	0	0	0	0	0
Holder of Installment Loan Commercial bank or trust company	285	285	0	0	0	285	0	0	0	0	0	0	0
Savings and loan association, federal savings bank	201	181	0	0	0	181	20	0	0	0	0	0	20
Mutual savings bank	57	57	0	0	0	57	0	0	0	0	0	0	0
Credit union	90	84	0	0	0	84	6	0	0	0	0	0	6
Finance company	619	544	0	0	0	544	76	0	0	0	0	0	76
State or municipal government or housing finance agency	20	13	0	0	0	13	7	0	0	0	0	0	7
Other	51	45	0	0	0	45	6	0	0	0	0	0	6
OUTSTANDING MORTGAGE DEBT (million dollars) Outstanding Traditional Mortgage Debt All mortgaged properties Total mortgage debt	1455782	1216822	1103593	8844	48927	55459	238960	92197	21430	17355	84494	16904	6579
First mortgage debt	1384509	1156653	1054236	7780	47450	47187	227857	88002	20708	16509	79553	16841	6244
Junior mortgage debt	71273	60170	49357	1063	1477	8272	11103	4195	722	846	4941	63	335
Outstanding Traditional First Mortgage Debt by Mortgage Insurance Status FHA-insured mortgage	136506	118972	109653	1822	6328	1169	17534	4832	2255	936	8188	1071	251
VA-guaranteed first mortgage	43474	41362	40378	137	762	85	2112	1971	142	0	0	0	0
Rural Housing Service/Rural Development-guaranteed loan	26979	18608	17037	71	838	662	8370	2612	705	3114	1852	88	0
Insured by state agency	34037	20991	19151	100	602	1138	13046	4956	307	579	5199	1839	165
Insured by state agency with FHA insurance, VA or Rural Housing Service/Rural Development guarantee	573	429	429	0	0	0	144	77	0	0	67	0	0
Insured conventional first mortgage	193803	175357	166129	451	5499	3277	18447	7005	2932	949	6237	1325	0
Uninsured conventional first mortgage	911992	747789	697355	5166	33415	11853	164203	66454	14335	10930	58010	12486	1988
Not available	37146	33145	4103	33	5	29004	4000	96	32	0	0	33	3840
Outstanding Traditional Mortgage Debt by Holder of Mortgage Commercial bank or trust company Total mortgage debt	231309	189320	166798	2749	7725	12047	41989	16591	4730	3110	12812	3184	1563
First mortgage debt	211755	171845	152464	1866	7119	10397	39910	16303	4459	2958	11482	3144	1563
Junior mortgage debt	19554	17475	14334	884	606	1651	2079	288	270	151	1330	39	0
Savings and loan association, federal savings bank Total mortgage debt	143762	115767	104818	481	3008	7460	27995	11544	3662	1400	7674	2552	1164
First mortgage debt	134819	107379	98082	422	2902	5972	27440	11460	3616	1392	7461	2552	958
Junior mortgage debt	8944	8388	6736	59	106	1488	556	84	47	7	213	0	205
Mutual savings bank Total mortgage debt	18054	16199	10682	0	3566	1952	1854	208	82	373	684	508	0
First mortgage debt	16742	14987	9915	0	3555	1517	1755	208	82	355	602	508	0
Junior mortgage debt	1311	1212	767	0	10	435	99	0	0	18	82	0	0
Life insurance company Total mortgage debt	27035	18636	16884	0	1692	60	8399	1809	688	664	4903	85	251
First mortgage debt	25445	17281	15600	0	1621	60	8163	1809	624	664	4730	85	251
Junior mortgage debt	1590	1354	1284	0	70	0	236	0	63	0	173	0	0
Mortgage banker or mortgage company Total mortgage debt	101627	91826	85511	349	3610	2356	9801	6199	1573	107	720	1202	0
First mortgage debt	100005	90224	83921	349	3598	2356	9781	6199	1573	107	700	1202	0
Junior mortgage debt	1622	1602	1590	0	12	0	20	0	0	0	20	0	0
Federally-sponsored secondary market agency or pool Total mortgage debt	686105	590137	557476	3846	21679	7136	95968	37553	8385	4605	38510	6602	313
First mortgage debt	668076	577431	545086	3776	21552	7018	90645	34360	8263	4349	36780	6581	313
Junior mortgage debt	18029	12706	12390	71	126	119	5323	3193	122	257	1730	21	0
Conventional mortgage pool Total mortgage debt	20858	18762	16206	263	1294	998	2097	824	0	227	938	108	0
First mortgage debt	19515	17443	14937	213	1294	998	2072	824	0	227	914	108	0
Junior mortgage debt	1344	1319	1269	50	0	0	25	0	0	0	25	0	0
Other federal agency Total mortgage debt	41151	29789	27266	516	2007	0	11361	3397	265	3568	3683	449	0
First mortgage debt	40425	29396	26873	516	2007	0	11029	3397	265	3462	3456	449	0
Junior mortgage debt	726	393	393	0	0	0	333	0	0	106	227	0	0
Real estate investment trust Total mortgage debt	1030	631	580	0	51	0	400	0	0	0	400	0	0
First mortgage debt	1018	631	580	0	51	0	387	0	0	0	387	0	0
Junior mortgage debt	13	0	0	0	0	0	13	0	0	0	13	0	0
Pension or retirement fund Total mortgage debt	1830	978	894	0	0	84	852	0	0	0	852	0	0
First mortgage debt	1821	978	894	0	0	84	843	0	0	0	843	0	0
Junior mortgage debt	9	0	0	0	0	0	9	0	0	0	9	0	0
Credit union Total mortgage debt	44042	35202	31532	33	801	2836	8840	4628	344	240	2832	386	409
First mortgage debt	37947	29631	26908	33	801	1889	8316	4236	269	226	2790	386	409
Junior mortgage debt	6095	5571	4624	0	0	947	524	392	75	15	41	0	0
Finance company Total mortgage debt	47895	42632	23179	267	568	18619	5263	1346	0	137	1209	0	2571
First mortgage debt	41620	36698	20696	267	539	15196	4923	1107	0	134	1167	0	2515
Junior mortgage debt	6275	5934	2483	0	28	3423	340	239	0	4	42	0	56
State or municipal government or housing finance agency Total mortgage debt	52019	38948	36938	336	1050	624	13071	5585	694	1582	5132	49	28
First mortgage debt	49425	37234	35530	336	813	555	12191	5585	694	1382	4452	49	28
Junior mortgage debt	2594	1714	1408	0	237	69	880	0	0	200	680	0	0
Individual or individual's estate Total mortgage debt	21907	16609	15705	0	830	74	5298	1170	465	875	1078	1504	207
First mortgage debt	20025	14868	14243	0	551	74	5157	1170	424	838	1016	1504	207
Junior mortgage debt	1882	1742	1462	0	280	0	141	0	41	37	62	0	0
Other Total mortgage debt	17158	11385	9126	2	1046	1212	5773	1344	544	467	3068	276	74
First mortgage debt	15872	10626	8508	2	1046	1070	5247	1344	440	416	2773	274	0
Junior mortgage debt	1286	760	618	0	0	141	527	0	104	51	295	3	74
Outstanding Equity Line of Credit Debt by Holder Commercial bank or trust company	10708	10382	9092	878	287	125	326	96	197	0	0	33	0
Savings and loan association, federal savings bank	2103	2101	2096	0	5	0	2	0	0	2	0	0	0
Mutual savings bank	0	0	0	0	0	0	0	0	0	0	0	0	0
Credit union	1969	1967	1934	33	0	0	2	0	0	2	0	0	0
Finance company	697	697	697	0	0	0	0	0	0	0	0	0	0
Other	118	118	118	0	0	0	0	0	0	0	0	0	0
Outstanding Installment Debt by Holder Commercial bank or trust company	8411	8411	0	0	0	8411	0	0	0	0	0	0	0
Savings and loan association, federal savings bank	6848	5755	0	0	0	5755	1093	0	0	0	0	0	1093
Mutual savings bank	1796	1796	0	0	0	1796	0	0	0	0	0	0	0
Credit union	2721	2312	0	0	0	2312	409	0	0	0	0	0	409
Finance company	19517	16946	0	0	0	16946	2571	0	0	0	0	0	2571
State or municipal government or housing finance agency	291	262	0	0	0	262	28	0	0	0	0	0	28
Other	1222	1148	0	0	0	1148	74	0	0	0	0	0	74