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Residential Finance Survey

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Residential Finance Survey: 2001 - United States
Table 4-11. Total Mortgage Debt by Mortgage Insurance Status, Rental and Vacant 1-Housing-Unit Mortgaged Properties
^Amount of total mortgage outstanding debt in millions of dollars.
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.
Rental Vacancy Losses as Percent of Potential Receipts and Interest and Principal Payments on Total Mortgages as Percent of Rental Receipts acquired before 2000 exclude properties with less than half of units in rental market during all of the year preceding survey and cooperatively owned apartments^^

Total first and junior mortgage debt on-
First mortgage debt on-
Junior mortgage debt on-
Properties with-
Properties with-
Properties with-
All
properties
FHA first
mortgage
VA first
mortgage
Other
first
mortgages
All
properties
FHA first
mortgage
VA first
mortgage
Other
first
mortgages
All
properties
FHA first
mortgage
VA first
mortgage
Other
first
mortgages
Mortgage debt on 1-housing-unit
properties with traditional first
mortgage
307921 23240 2780 281901 292190 23190 2780 266219 15731 50 0 15681

PROPERTY CHARACTERISTICS


Year Property Acquired

1999 to 2001 (part)
97795 7822 186 89787 93320 7773 186 85361 4476 50 0 4426
1997 and 1998 50846 5268 191 45387 48195 5268 191 42736 2651 0 0 2651
1995 and 1996 35924 1401 0 34524 34652 1401 0 33252 1272 0 0 1272
1990 to 1994 55531 5812 1536 48183 50111 5812 1536 42762 5420 0 0 5420
1985 to 1989 34635 1129 514 32992 34104 1129 514 32460 532 0 0 532
1980 to 1984 14132 1528 277 12327 14132 1528 277 12327 0 0 0 0
1975 to 1979 9859 0 28 9831 9335 0 28 9307 523 0 0 523
1970 to 1974 5169 280 47 4841 5040 280 47 4712 129 0 0 129
1969 or earlier 4030 0 0 4030 3301 0 0 3301 728 0 0 728

Value

Less than $20,000
2253 66 0 2187 2253 66 0 2187 0 0 0 0
$20,000 to $39,999 7706 835 0 6871 7259 835 0 6424 448 0 0 448
$40,000 to $59,999 21756 426 643 20688 21519 376 643 20500 237 50 0 188
$60,000 to $79,999 30981 3517 351 27113 30211 3517 351 26343 770 0 0 770
$80,000 to $99,999 26308 1716 438 24154 26274 1716 438 24120 34 0 0 34
$100,000 to $124,999 31332 3203 0 28128 29884 3203 0 26681 1447 0 0 1447
$125,000 to $149,999 21852 3175 60 18617 21512 3175 60 18277 340 0 0 340
$150,000 to $174,999 25556 4858 680 20018 24682 4858 680 19144 874 0 0 874
$175,000 to $199,999 21050 1327 608 19115 20830 1327 608 18895 220 0 0 220
$200,000 to $249,999 32166 2794 0 29372 31426 2794 0 28631 741 0 0 741
$250,000 to $299,999 16716 315 0 16401 16449 315 0 16134 267 0 0 267
$300,000 to $499,999 40365 130 0 40235 36913 130 0 36783 3452 0 0 3452
$500,000 or more 29880 879 0 29001 22979 879 0 22100 6901 0 0 6901

Rental Vacancy Losses as Percent of
Potential Receipts

Acquired before 2000
249116 17976 2780 228359 237375 17976 2780 216619 11740 0 0 11740
Less than 1.0 percent 83997 5935 1546 76516 81727 5935 1546 74246 2270 0 0 2270
1.0 to 2.9 percent 1868 879 0 990 1868 879 0 990 0 0 0 0
3.0 to 4.9 percent 1570 266 0 1304 1570 266 0 1304 0 0 0 0
5.0 to 6.9 percent 3003 557 0 2446 3003 557 0 2446 0 0 0 0
7.0 to 8.9 percent 7337 0 0 7337 7208 0 0 7208 129 0 0 129
9.0 to 10.9 percent 2012 0 0 2012 2012 0 0 2012 0 0 0 0
11.0 to 12.9 percent 2143 0 0 2143 2143 0 0 2143 0 0 0 0
13.0 to 14.9 percent 1942 0 0 1942 1779 0 0 1779 163 0 0 163
15.0 percent or more 17963 85 191 17687 16761 85 191 16485 1202 0 0 1202
Not reported or not computed 127280 10255 1043 115982 119303 10255 1043 108005 7977 0 0 7977
Acquired 2000 and 2001 (part) 58805 5264 0 53541 54815 5214 0 49601 3990 50 0 3941

OWNER CHARACTERISTICS


Type of Owner

Individual investor(s)
257091 20778 2534 233779 244718 20778 2534 221406 12373 0 0 12373
Limited partnership 19190 602 186 18402 18672 552 186 17934 518 50 0 468
Joint venture 2866 0 0 2866 2866 0 0 2866 0 0 0 0
General partnership 2359 0 60 2299 2317 0 60 2257 43 0 0 43
Life insurance company 1015 734 0 281 1015 734 0 281 0 0 0 0
Depository institution 0 0 0 0 0 0 0 0 0 0 0 0
Public real estate investment trust 572 358 0 215 572 358 0 215 0 0 0 0
Private real estate investment trust 133 0 0 133 133 0 0 133 0 0 0 0
Corporation - other than real estate 13678 178 0 13500 13678 178 0 13500 0 0 0 0
Housing cooperative organization 0 0 0 0 0 0 0 0 0 0 0 0
Non-profit or church-related institution 2919 0 0 2919 2834 0 0 2834 85 0 0 85
Pension fund 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
Other 8098 591 0 7507 5385 591 0 4795 2713 0 0 2713

MORTGAGE CHARACTERISTICS


Total Mortgage Loan

Less than $20,000
3395 418 47 2929 3395 418 47 2929 0 0 0 0
$20,000 to $29,999 7425 928 169 6328 7151 928 169 6054 274 0 0 274
$30,000 to $39,999 11851 784 251 10815 11653 784 251 10617 198 0 0 198
$40,000 to $49,999 13701 413 457 12831 13667 413 457 12797 34 0 0 34
$50,000 to $59,999 20049 2452 0 17597 19872 2452 0 17420 177 0 0 177
$60,000 to $79,999 34307 2565 382 31360 33638 2565 382 30691 670 0 0 670
$80,000 to $99,999 32273 4529 0 27744 31607 4529 0 27079 665 0 0 665
$100,000 to $149,999 69217 6939 608 61669 67882 6939 608 60335 1335 0 0 1335
$150,000 to $199,999 52517 4211 680 47625 50838 4162 680 45996 1679 50 0 1629
$200,000 to $249,999 20035 0 0 20035 19951 0 0 19951 84 0 0 84
$250,000 to $299,999 8184 0 0 8184 7735 0 0 7735 449 0 0 449
$300,000 or more 34670 0 0 34670 24615 0 0 24615 10055 0 0 10055
Not reported 299 0 186 113 186 0 186 0 113 0 0 113

Total Mortgage Outstanding Debt

Less than $10,000
1041 104 84 852 1041 104 84 852 0 0 0 0
$10,000 to $19,999 5291 350 193 4748 5162 350 193 4619 129 0 0 129
$20,000 to $29,999 11087 1518 399 9170 10632 1518 399 8715 455 0 0 455
$30,000 to $39,999 14649 572 434 13643 14503 572 434 13497 145 0 0 145
$40,000 to $49,999 18654 354 0 18301 18364 354 0 18011 290 0 0 290
$50,000 to $59,999 18152 2415 0 15737 17824 2415 0 15410 327 0 0 327
$60,000 to $79,999 35846 2862 382 32602 35207 2862 382 31963 639 0 0 639
$80,000 to $99,999 42541 5246 0 37296 42004 5246 0 36758 537 0 0 537
$100,000 to $149,999 64754 7592 1288 55874 62689 7592 1288 53808 2065 0 0 2065
$150,000 to $199,999 44886 2227 0 42659 44096 2178 0 41918 790 50 0 741
$200,000 to $249,999 11047 0 0 11047 11047 0 0 11047 0 0 0 0
$250,000 to $299,999 8438 0 0 8438 8140 0 0 8140 298 0 0 298
$300,000 or more 31535 0 0 31535 21480 0 0 21480 10055 0 0 10055

Total Outstanding Debt as a Percent
of Value

Less than 20 percent
5340 140 144 5056 5340 140 144 5056 0 0 0 0
20 to 29 percent 11978 1431 132 10414 11850 1431 132 10286 128 0 0 128
30 to 39 percent 17970 2050 0 15920 17835 2050 0 15786 135 0 0 135
40 to 49 percent 42084 3074 399 38611 41334 3074 399 37861 750 0 0 750
50 to 59 percent 55464 1882 608 52974 55268 1882 608 52778 196 0 0 196
60 to 69 percent 28969 2555 186 26228 28365 2555 186 25624 604 0 0 604
70 to 79 percent 47597 4551 248 42798 46419 4551 248 41620 1178 0 0 1178
80 to 89 percent 35642 1382 1062 33198 32616 1382 1062 30172 3026 0 0 3026
90 to 99 percent 21813 4264 0 17549 18529 4264 0 14264 3284 0 0 3284
100 percent or more 41062 1910 0 39152 34631 1860 0 32771 6431 50 0 6381
Not reported or not computed 3 2 0 1 3 2 0 1 0 0 0 0

MORTGAGE PAYMENTS AND OTHER EXPENSES


Monthly Interest and Principal Payments
on Total Mortgages Per Housing Unit

Regular monthly payments of
interest
304534 23240 2780 278514 288803 23190 2780 262833 15731 50 0 15681
Less than $100 15240 4218 0 11021 15127 4218 0 10909 113 0 0 113
$100 to $199 3601 134 0 3467 3601 134 0 3467 0 0 0 0
$200 to $299 9701 1120 335 8246 9482 1120 335 8026 220 0 0 220
$300 to $399 16165 855 434 14877 16095 855 434 14807 70 0 0 70
$400 to $499 21762 3427 341 17994 21592 3427 341 17825 169 0 0 169
$500 to $599 21255 1715 382 19159 20695 1715 382 18599 560 0 0 560
$600 to $699 19955 2178 0 17777 19222 2178 0 17044 732 0 0 732
$700 to $799 22648 711 0 21937 22512 711 0 21802 136 0 0 136
$800 to $899 16208 2924 608 12676 16080 2924 608 12548 128 0 0 128
$900 to $999 16426 2892 680 12854 16034 2892 680 12462 392 0 0 392
$1,000 to $1,249 38961 2139 0 36823 37182 2139 0 35043 1780 0 0 1780
$1,250 to $1,499 29825 0 0 29825 29408 0 0 29408 418 0 0 418
$1,500 or more 72786 928 0 71858 61773 879 0 60894 11014 50 0 10964
Not reported 0 0 0 0 0 0 0 0 0 0 0 0
No regular payments required 3386 0 0 3386 3386 0 0 3386 0 0 0 0

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

Acquired before 2000 and regular
payments of interest and/or
principa
240053 16207 2780 221065 228425 16207 2780 209437 11628 0 0 11628
Less than 20 percent 12821 2322 0 10499 12821 2322 0 10499 0 0 0 0
20 to 29 percent 4554 612 60 3882 3867 612 60 3195 687 0 0 687
30 to 39 percent 13684 353 9 13323 13107 353 9 12745 577 0 0 577
40 to 49 percent 17752 1770 0 15983 17736 1770 0 15966 16 0 0 16
50 to 59 percent 15692 1021 296 14376 15517 1021 296 14200 176 0 0 176
60 to 69 percent 22430 1550 28 20852 21468 1550 28 19890 962 0 0 962
70 to 79 percent 16522 138 568 15816 16412 138 568 15706 110 0 0 110
80 to 89 percent 16923 1297 680 14946 16810 1297 680 14833 113 0 0 113
90 to 99 percent 17369 1541 399 15429 16942 1541 399 15001 427 0 0 427
100 percent or more 79868 2983 608 76277 71339 2983 608 67747 8529 0 0 8529
Not reported or not computed 22436 2619 132 19684 22406 2619 132 19654 30 0 0 30
Other properties 67868 7033 0 60835 63765 6983 0 56782 4103 50 0 4053

Source: U.S. Census Bureau | Residential Finance Survey |  Last Revised: 2012-08-02T15:15:13.203-04:00