Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 7-5. First Mortgage Loan, Rental and Vacant 50-or-More-Housing-Unit Mortgaged Properties
^Number of mortgaged properties.
Mortgage made between 1997 and 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 $500,000	$500,000 to $999,999	$1,000,000 to $1,999,999	$2,000,000 to $2,999,999	$3,000,000 to $3,999,999	$4,000,000 to $4,999,999	$5,000,000 to $7,499,999	$7,500,000 to $9,999,999	$10,000,000 to $14,999,999	$15,000,000 or more	Not reported	Median (dollars)
50-or-more-housing-unit properties with a traditional first mortgage	61105	2852	4903	13528	9840	6980	4759	7711	3236	3175	2311	1811	2850000
PROPERTY CHARACTERISTICS Year Structure Built 1999 to March 2000	1873	295	44	205	169	128	118	305	113	125	147	223	3877358
1997 and 1998	3191	15	167	271	957	187	184	376	235	394	285	119	3672233
1995 and 1996	2276	9	80	408	339	243	185	209	216	374	132	82	4100363
1990 to 1994	3355	217	101	558	407	384	388	507	258	270	201	63	3943403
1980 to 1989	14864	298	762	2609	2270	1904	1743	2121	1122	972	642	421	3673787
1970 to 1979	18739	838	1536	4578	2844	2380	1162	3076	723	601	464	538	2755387
1960 to 1969	8445	468	1082	2177	1464	915	535	683	401	253	310	157	2284582
1950 to 1959	2539	165	408	601	626	214	161	135	36	85	57	52	2111946
1940 to 1949	1280	77	151	393	163	172	62	89	44	43	31	57	1976609
1939 or earlier	4543	469	573	1728	602	452	221	210	88	58	42	101	1682412
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	17882	765	1281	3628	3106	1543	1267	2061	1278	1327	996	628	2950646
Less than $20,000	4160	642	875	867	872	197	148	181	34	29	10	304	1473967
$20,000 to $39,999	6550	97	290	2198	1251	566	494	764	379	256	119	136	2497488
$40,000 to $59,999	3868	15	62	397	695	465	330	628	455	501	274	46	4840403
$60,000 to $79,999	1860	11	27	135	168	236	171	232	222	359	282	15	6862577
$80,000 to $99,999	735	0	8	22	101	58	59	152	71	96	140	28	6729583
$100,000 to $124,999	324	0	12	9	19	17	27	62	50	44	70	12	7943525
$125,000 to $149,999	179	0	5	0	0	0	37	17	26	15	47	31	8838160
$150,000 to $174,999	50	0	0	0	0	0	0	12	14	5	16	4	9600923
$175,000 to $199,999	42	0	1	0	0	0	0	4	11	2	16	8	11870654
$200,000 to $249,999	69	0	0	0	0	5	0	0	9	16	6	33	11367497
$250,000 to $299,999	13	0	0	0	0	0	0	2	0	0	11	0	430808956
$300,000 to $499,999	10	0	0	0	0	0	0	0	4	3	3	0	11497114
$500,000 or more	9	0	0	0	0	0	0	0	3	0	1	5	9261141
Median	34579	11911	14645	28615	30892	40394	39660	42607	49914	55104	66664	21095	...
Mean	40690	10316	21154	28497	33419	43500	46798	47183	59104	60441	75811	48649	6559254
Other properties	43224	2087	3623	9900	6734	5436	3492	5650	1957	1847	1315	1184	2803576
Purchase Price as Percent of Value@8 Acquired by purchase	55274	2549	4185	12326	8637	6464	4450	7184	2979	2931	2114	1455	2908828
Purchased 1997 to 2001 (part)	17882	765	1281	3628	3106	1543	1267	2061	1278	1327	996	628	2950646
Less than 60 percent	2100	89	196	497	246	218	192	208	139	84	65	167	2751889
60 to 69 percent	1113	14	154	230	169	108	79	126	61	77	53	42	2815691
70 to 79 percent	2189	402	105	307	405	130	170	293	101	121	120	35	2649499
80 to 99 percent	5895	112	413	1193	1195	541	361	666	391	531	393	99	2987700
100 percent or more	6572	149	413	1401	1091	547	465	762	584	514	365	280	3167709
Median	92	77	89	93	92	92	91	92	97	94	93	94	...
Purchased 1990 to 1996 (part)	11943	696	817	2789	1705	1468	972	1364	698	801	409	224	2913793
Less than 40 percent	1123	159	112	278	135	124	53	88	61	40	62	10	2058347
40 to 59 percent	1810	38	151	516	287	183	160	188	99	92	79	18	2665240
60 to 79 percent	2807	146	206	663	362	314	302	395	139	154	84	42	3018627
80 to 99 percent	2442	211	109	552	377	311	126	269	172	171	74	71	2832364
100 percent or more	3737	142	228	779	544	535	331	415	227	344	109	83	3251109
Median	82	80	74	78	84	87	78	80	86	93	75	92	...
Purchased 1989 or earlier	25449	1088	2087	5909	3826	3453	2210	3759	1003	802	709	604	2872665
Less than 20 percent	1373	190	155	234	214	234	88	130	38	53	26	12	2478394
20 to 39 percent	2600	236	241	735	391	252	238	207	104	97	62	36	2178447
40 to 59 percent	3785	120	345	894	514	802	218	366	162	123	156	86	2955701
60 to 79 percent	4994	180	376	1076	504	386	309	1739	152	122	75	74	3836462
80 to 99 percent	3048	88	251	609	407	387	626	289	129	98	77	87	3324604
100 percent or more	9506	275	719	2353	1706	1392	728	1020	418	308	313	274	2743666
Median	80	60	76	80	92	83	88	73	87	81	89	98	...
Not acquired by purchase	5832	303	718	1203	1203	516	309	527	256	244	197	356	2427610
Monthly Rental Receipts Per Housing Unit Acquired before 2000	54526	2432	4494	12000	8970	6290	4345	7005	2813	2745	1911	1520	2844609
Less than $100	1463	475	123	317	189	43	26	39	41	9	20	180	1136001
$100 to $199	1765	425	332	166	516	57	46	23	21	24	8	146	1309669
$200 to $299	2887	193	825	914	326	194	101	101	42	32	11	147	1384697
$300 to $399	6626	339	1104	2511	892	853	278	277	123	71	23	156	1714056
$400 to $499	8908	331	900	2868	1688	892	614	740	316	239	91	230	2141967
$500 to $599	10033	284	465	2740	1940	1262	923	1212	521	348	171	165	2744671
$600 to $799	7253	233	376	1289	1176	1082	679	1039	438	586	262	91	3467541
$800 to $999	9959	105	240	867	1351	1369	1158	2556	679	805	663	167	4833636
$1000 or more	5474	33	120	303	840	525	508	1005	621	627	653	238	5716956
No rental receipts	157	14	8	25	52	12	11	13	10	3	9	0	2614383
Median	555	334	387	473	544	587	652	805	754	815	910	457	...
Mean	644	353	440	501	600	666	807	778	822	950	1048	551	5371019
Acquired 2000 and 2001 (part)	6579	419	410	1528	869	690	414	706	422	430	400	291	2905624
Age Restrictions Property restricted to people age 55 or older	10468	568	596	2177	1827	1400	1284	1173	485	356	286	316	2949789
Property not restricted to people age 55 or older	48401	2223	3915	10932	7725	5293	3388	6309	2614	2712	1914	1377	2833951
Not reported	2236	61	392	420	288	287	87	229	137	107	110	119	2647155
Age Composition Over one-half the residents of the building age 55 or older	3452	405	222	706	500	525	220	420	175	127	88	65	2721562
Over one-half the residents of the building not age 55 or older	43396	1755	3505	9846	6963	4632	3034	5805	2338	2522	1751	1245	2857375
Not reported	14258	691	1177	2977	2377	1823	1504	1486	723	526	472	501	2855389
Meal Service Provided by Properties Exclusively or Predominantly Occupied by People Age 55 or Older Property provides meal service	5664	225	291	802	856	793	842	807	352	304	235	157	3731829
Charge included in rent	3546	125	166	491	548	463	368	548	281	249	203	106	3845704
Charge not included in rent	694	36	25	77	82	167	63	128	46	36	23	12	3728896
Not reported	1424	64	100	234	226	164	411	131	25	20	9	40	3412797
Property does not provide meal service	7803	736	530	1960	1359	1036	619	675	315	162	140	270	2397543
Not reported	47639	1891	4083	10766	7626	5150	3298	6228	2569	2708	1935	1384	2837659
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	7408	690	850	2308	1179	870	340	426	183	151	63	349	1862035
Limited partnership	26622	935	2164	5360	4477	2847	2518	3237	1603	1731	1151	598	3026907
Joint venture	661	12	39	93	73	89	59	70	57	75	68	27	4185529
General partnership	4472	231	434	1131	827	472	289	428	201	182	156	121	2458635
Life insurance company	108	0	9	13	21	15	3	8	5	7	11	13	3217968
Depository institution	5	0	0	4	0	1	0	0	0	0	0	0	1695040
Public real estate investment trust	1006	29	22	85	91	79	125	134	146	137	137	22	6154541
Private real estate investment trust	225	0	58	67	13	27	3	2	26	18	12	0	1810453
Corporation - other than real estate investment trust	12605	515	820	2728	1529	1586	850	2629	612	538	369	428	3312336
Housing cooperative organization	2222	57	180	681	649	178	88	154	68	60	62	44	2262984
Non-profit or church-related institution	3912	291	187	744	706	585	379	417	197	133	128	144	2937187
Pension fund	84	0	0	3	1	0	1	3	41	10	19	6	9406733
Fraternal organization	11	0	0	2	9	0	0	0	0	0	0	0	2385566
Other	1765	92	140	308	265	231	104	203	97	132	135	59	3208790
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	53963	2431	4257	11765	8672	6290	3947	7132	2925	2825	1988	1732	2883667
2 mortgages	5745	270	499	1346	944	592	709	477	263	289	284	71	2763498
3 or more mortgages	1398	151	147	417	224	98	103	103	48	61	39	8	1952266
Form of Debt of First Mortgage Mortgage or deed of trust	61103	2852	4903	13528	9840	6980	4756	7711	3236	3175	2311	1811	2849856
Contract to purchase	0	0	0	0	0	0	0	0	0	0	0	0	0
Some other loan secured by this property	3	0	0	0	0	0	3	0	0	0	0	0	4500000
Method of Loan Application By computer over the Internet or by e-mail	111	0	4	15	43	9	6	11	3	6	14	0	2851316
By telephone or FAX	6929	439	696	1205	916	770	815	902	394	448	273	71	3224269
By regular mail	6759	165	456	1527	1200	847	701	725	371	359	223	187	2949720
By personal visit	19750	1463	1901	5070	3147	1984	1356	1757	922	846	724	579	2365763
Through third party (such as real estate agent or builder)	14847	410	709	3072	2762	1609	1119	2890	724	821	575	155	3244222
Some other way	3528	123	150	808	659	432	243	421	194	253	161	87	2970727
Not reported	6304	205	583	1152	733	989	355	661	437	291	239	660	3151123
Not available	2877	47	404	680	380	341	165	345	190	151	102	73	2713781
Origin of First Mortgage Mortgage made at time property acquired	36496	2099	3201	8178	6171	4388	2505	3675	1795	1752	1262	1472	2653900
Mortgage assumed at the time property acquired	5272	151	625	1124	1021	547	312	559	328	301	194	109	2666850
Mortgage placed later than acquisition of property	19337	602	1077	4226	2648	2045	1942	3476	1112	1121	856	230	3488940
Refinanced mortgage	18234	522	1035	3991	2571	1956	1859	3379	1040	897	800	185	3462990
Same lender	4495	251	379	1099	678	488	400	532	264	186	173	44	2731174
Different lender	13740	271	655	2892	1893	1468	1459	2847	776	711	626	141	3741126
Mortgage placed on property owned free and clear of debt	1102	80	43	235	77	89	83	98	72	225	56	45	4063617
Not available	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	19337	602	1077	4226	2648	2045	1942	3476	1112	1121	856	230	3488940
Obtain lower interest rate	9955	215	543	1971	1310	1115	774	2495	485	495	422	130	3782735
Increase payment period for mortgage	529	12	29	59	133	81	52	58	70	17	20	0	3402423
Reduce payment period for mortgage	42	4	20	10	4	3	0	1	1	0	0	0	935209
Renew or extend loan that had fallen due, without increasing outstanding balance	2251	85	143	561	269	239	281	290	171	132	66	13	3252732
Receive cash or increase outstanding balance of loan	3944	68	189	890	592	344	660	379	226	363	197	36	3624843
Other reason	1779	206	118	439	262	175	126	164	62	70	114	44	2400061
Not reported	836	12	35	297	78	87	50	89	98	45	37	8	2894862
Other properties	41769	2250	3826	9302	7192	4935	2817	4234	2124	2053	1455	1581	2655738
Not available	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	8972	134	350	1910	1111	982	643	2415	471	563	379	14	3992023
Less than $1,000,000	4100	128	322	1395	759	518	327	400	116	94	41	0	2270587
$1,000,000 to $1,999,999	2984	2	21	443	194	264	128	1690	123	66	52	0	5648115
$2,000,000 to $2,999,999	566	0	0	40	147	53	47	131	73	35	41	0	4917960
$3,000,000 to $3,999,999	346	0	0	10	3	127	11	49	41	72	33	0	6147656
$4,000,000 to $4,999,999	272	0	0	2	0	14	126	18	28	43	40	0	4948469
$5,000,000 to $7,499,999	175	4	5	3	0	4	0	97	18	15	29	0	6834879
$7,500,000 to $9,999,999	129	0	0	13	1	1	4	3	53	26	28	0	9499390
$10,000,000 to $14,999,999	232	0	0	4	3	0	0	6	2	198	18	0	12533195
$15,000,000 to $19,999,999	68	0	0	0	0	0	0	1	15	3	48	0	308906920
$20,000,000 to $29,999,999	48	0	1	0	4	0	0	2	0	4	24	14	277861947
$30,000,000 to $39,999,999	14	0	0	0	0	0	0	0	0	7	7	0	63466305
$40,000,000 to $49,999,999	5	0	0	0	0	0	0	0	0	0	5	0	507500000
$50,000,000 or more	34	0	0	0	0	0	0	18	1	1	14	0	7391458
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	1129499	523975	542895	684834	731810	947031	982514	1477709	1974616	4350869	4587088	25000000	...
Mean	2430523	427834	444880	712121	931173	1181562	1583837	2605132	3470642	6557790	13454140	21825000	13299416
Properties that refinanced and did not receive cash back	7859	372	603	1709	1127	775	1109	804	465	453	380	62	3113512
Properties that refinanced and did not report if received cash back	2505	96	125	607	410	288	190	258	176	105	96	154	2848253
Properties that did not refinance	41769	2250	3826	9302	7192	4935	2817	4234	2124	2053	1455	1581	2655738
Not available	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	8972	134	350	1910	1111	982	643	2415	471	563	379	14	3992023
For additions, improvements or repairs to this property	5820	74	247	1234	647	538	311	2037	240	303	189	0	4544730
To consolidate debts	635	7	43	129	117	54	77	74	48	44	42	0	3387113
For investment in other real estate	4237	31	112	709	390	406	239	1814	211	155	171	0	5319621
For other types of investments	1077	0	66	201	189	159	95	166	64	76	61	0	3521215
For educational or medical expenses	17	0	3	4	0	1	3	1	3	0	0	0	3935778
To start a business	6	0	0	3	0	2	0	0	1	0	0	0	3135036
To settle a divorce	7	0	0	2	0	0	0	4	0	0	0	0	5567346
To pay taxes	113	0	11	39	13	0	5	23	0	10	12	0	2448417
To purchase an automobile, truck, or other vehicle	20	0	3	0	0	6	3	6	0	2	0	0	4309376
To purchase consumer product other than automobile, truck, or other vehicle	76	0	0	58	3	0	2	13	0	0	0	0	1657623
Other	1024	5	38	200	144	126	88	146	80	108	75	14	3936230
Not reported	249	39	0	68	10	69	13	20	14	13	2	0	3108792
Properties that refinanced and did not receive cash back	7859	372	603	1709	1127	775	1109	804	465	453	380	62	3113512
Properties that refinanced and did not report if received cash back	2505	96	125	607	410	288	190	258	176	105	96	154	2848253
Properties that did not refinance	41769	2250	3826	9302	7192	4935	2817	4234	2124	2053	1455	1581	2655738
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Interest Rate on First Mortgage Less than 6.0 percent	23595	1083	2290	5207	3720	3015	1576	2293	1159	1216	861	1176	2706925
6.0 percent	373	126	67	29	33	39	18	20	4	11	28	0	953764
6.1 to 6.4 percent	792	23	36	165	112	92	60	106	125	50	23	0	3650009
6.5 to 6.9 percent	2523	275	114	467	372	317	164	294	166	186	167	0	3107288
7.0 percent	5126	114	260	1007	1461	498	380	490	341	304	157	114	2769653
7.1 to 7.4 percent	2574	104	139	601	435	337	242	368	108	128	107	5	3017150
7.5 to 7.9 percent	6142	95	331	1297	762	702	348	1909	208	291	194	5	3831833
8.0 percent	1121	28	170	292	169	146	58	85	88	54	33	0	2418947
8.1 to 8.4 percent	2405	123	212	510	480	257	232	255	129	146	60	0	2744438
8.5 to 8.9 percent	2000	126	321	513	271	178	138	206	70	75	102	0	2148018
9.0 percent	1201	137	68	435	57	38	346	80	19	10	5	6	1903305
9.1 to 9.4 percent	800	18	49	185	160	113	89	99	56	10	20	0	2921206
9.5 to 9.9 percent	639	32	70	157	111	39	91	92	11	14	22	0	2544120
10.0 percent	300	103	65	45	33	11	5	23	12	3	0	0	862694
10.1 to 10.4 percent	288	12	23	91	28	25	24	60	3	11	12	0	2651382
10.5 to 10.9 percent	433	39	36	115	89	56	21	38	14	12	12	0	2288003
11.0 percent	482	87	22	86	60	42	48	57	24	15	8	33	2491660
11.1 to 12.9 percent	876	55	53	219	120	94	93	146	33	53	10	0	2919407
13.0 percent	166	0	20	39	42	26	7	15	2	5	0	10	2442055
13.1 percent or more	9269	274	557	2067	1324	956	817	1074	664	582	491	462	3189376
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	7.1	6.9	6.8	7.1	7.0	7.0	7.4	7.6	7.0	7.0	7.0	4.6	...
Type of Interest Rate Buydown Properties with interest rate buydown	107	0	5	52	19	28	0	3	0	1	0	0	1943558
Constant payment	21	0	0	1	11	6	0	3	0	1	0	0	2874471
3-2-1 buydown	5	0	5	0	0	0	0	0	0	0	0	0	750000
Other	22	0	0	4	2	16	0	0	0	0	0	0	3340538
Not reported	59	0	0	47	6	6	0	0	0	0	0	0	1632246
Properties without interest rate buydown	19686	1010	1582	4603	2721	2101	1768	3408	900	911	676	5	2972462
Not reported	41312	1842	3316	8874	7100	4850	2991	4300	2335	2262	1635	1806	2805726
Term of First Mortgage Less than 5 years	466	15	8	124	61	117	26	38	19	41	20	0	3227058
5 years	956	101	83	400	177	67	20	46	27	20	14	0	1733427
6 to 9 years	820	16	66	225	98	72	44	120	63	54	62	0	3073528
10 years	6748	147	377	996	782	714	492	2235	374	378	253	0	4727346
11 to 14 years	469	4	68	143	38	35	64	56	19	21	20	0	2483533
15 years	1667	188	192	625	220	84	92	112	69	50	37	0	1726333
16 to 19 years	669	7	91	71	46	33	383	25	5	4	3	0	4227076
20 years	983	27	107	327	229	77	51	75	40	19	26	5	2121205
21 to 24 years	244	5	37	13	42	27	20	50	32	9	9	0	3948196
25 years	989	106	122	256	133	112	69	81	43	43	25	0	2083434
26 to 29 years	153	53	0	16	33	14	8	7	15	5	1	0	2221578
30 years	8755	529	468	2042	1398	1047	695	977	494	503	384	217	2880062
More than 30 years	3037	290	287	824	441	401	238	350	70	77	59	1	2265596
No stated term	35148	1365	2998	7466	6142	4179	2557	3539	1965	1951	1398	1588	2806191
Median	24	30	21	25	29	30	20	11	23	25	25	30	...
Servicer of First Mortgage Commercial bank or trust company	11525	557	1190	3148	1792	1314	744	1047	558	500	352	324	2393375
Savings and loan association, federal savings bank	6822	319	794	1836	1053	711	448	582	368	272	200	239	2325535
Mutual savings bank	899	49	81	274	180	42	36	88	24	53	20	52	2108165
Life insurance company	1711	81	51	274	129	229	259	284	87	139	131	46	4263642
Mortgage banker or mortgage company	26484	1084	1604	5073	4579	2749	2186	4177	1555	1570	1171	736	3194070
Federally-sponsored secondary market agency or pool	57	0	0	0	0	8	5	34	4	6	0	0	6136573
Conventional mortgage pool	295	41	9	38	87	24	17	38	10	19	12	0	2679317
Other federal agency	3231	382	304	1034	388	347	209	235	127	99	57	50	1875371
Real estate investment trust	53	0	0	2	5	1	6	19	14	3	3	0	6622943
Pension or retirement fund	46	0	7	0	13	4	0	7	1	2	11	0	3571596
Credit union	1522	18	124	198	176	448	65	139	104	66	57	128	3404352
Finance company	975	50	61	196	195	114	89	114	41	59	37	18	2875160
State or municipal government or housing finance agency	4311	116	328	735	660	696	433	575	226	244	168	129	3360610
Individual or individual's estate	1116	73	242	243	155	77	91	116	32	32	26	29	1940700
Other	2059	81	107	477	429	216	171	256	85	111	66	60	2780103
Holder's Acquisition of First Mortgage Originated directly from borrower	33613	1488	2722	7413	5399	3897	2340	4886	1686	1659	1187	936	2873435
Purchased from present servicer	15749	788	1179	3693	2222	1791	1514	1586	968	852	709	448	2896049
Purchased from someone else	11743	576	1002	2423	2220	1292	905	1239	581	663	415	427	2746906
Not reported	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	37110	2035	3181	8403	6179	4519	2614	3818	1960	1864	1308	1229	2699383
Less than 40 percent	2519	618	506	691	304	139	80	74	44	40	23	0	1195576
40 to 49 percent	1251	96	264	282	231	112	95	89	35	26	21	0	1940779
50 to 59 percent	2288	49	216	532	378	298	206	300	168	71	71	0	2917316
60 to 69 percent	3785	48	420	847	708	472	261	433	235	212	151	0	2816907
70 to 79 percent	5010	179	420	1198	1141	507	345	476	254	284	206	0	2621065
80 to 89 percent	5169	274	416	1328	676	515	403	552	415	388	203	0	2838700
90 to 94 percent	2084	79	73	532	385	245	185	283	120	120	62	0	2929839
95 to 99 percent	1854	79	82	449	243	284	129	202	145	143	99	0	3263584
100 percent or more	11822	613	773	2539	2050	1947	908	1399	542	581	470	0	2968825
Not reported	1326	0	12	6	62	1	1	12	2	0	1	1229	2491562
Median	86	81	74	85	84	94	88	90	86	88	89	0	...
Other properties	23996	817	1722	5125	3661	2461	2145	3893	1276	1310	1003	582	3154991
Not available	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	37110	2035	3181	8403	6179	4519	2614	3818	1960	1864	1308	1229	2699383
Less than 40 percent	1863	456	348	536	239	86	47	60	37	35	21	0	1237832
40 to 49 percent	1016	47	230	278	215	104	55	31	24	19	13	0	1830697
50 to 59 percent	1467	36	212	392	200	188	99	155	108	38	41	0	2467530
60 to 69 percent	10626	360	1020	2474	1821	1384	889	1251	531	536	360	0	2801550
70 to 79 percent	5689	245	400	1303	1189	615	335	632	334	356	280	0	2753723
80 to 89 percent	4566	242	351	1124	659	461	320	529	361	328	191	0	2860698
90 to 94 percent	1747	115	37	454	333	190	144	223	99	103	51	0	2806185
95 to 99 percent	1262	28	47	322	122	194	86	138	133	96	98	0	3579715
100 percent or more	7645	506	538	1521	1402	1298	640	800	333	353	254	0	2897045
Not reported	1229	0	0	0	0	0	0	0	0	0	0	1229	0
Median	75	75	68	74	75	78	76	77	78	79	78	0	...
Other properties	23996	817	1722	5125	3661	2461	2145	3893	1276	1310	1003	582	3154991
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0
First Mortgage Risk Subprime loan	4040	115	301	756	1201	445	377	338	177	106	109	115	2657506
Not subprime loan	57065	2736	4602	12772	8638	6535	4382	7373	3059	3069	2202	1696	2876773
Not reported	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	4579	974	982	1116	663	350	125	164	111	48	42	5	1297116
20 to 29 percent	3251	384	539	1021	449	208	181	264	67	89	43	5	1684939
30 to 39 percent	4919	354	607	1597	850	494	362	290	180	90	86	9	1935781
40 to 49 percent	7373	156	944	1898	1382	937	511	724	341	323	153	2	2496580
50 to 59 percent	9585	202	636	1951	1787	1615	775	1082	592	561	374	9	3130916
60 to 69 percent	10228	320	437	1984	1353	1053	1115	2522	510	513	419	2	3967447
70 to 79 percent	7574	197	313	1534	1182	857	650	1100	647	634	447	12	3647750
80 to 89 percent	4551	112	166	918	853	470	516	614	312	356	234	0	3482539
90 to 99 percent	3179	52	85	633	538	481	228	500	214	261	187	1	3585560
100 percent or more	4120	100	193	877	782	514	296	449	261	300	327	21	3189630
Not reported or not computed	1746	2	0	0	0	0	0	0	0	0	0	1744	250001
Median	60	32	43	56	59	59	64	65	66	69	71	71	...
MORTGAGE PAYMENTS AND OTHER EXPENSES Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal	57200	2782	4483	12960	9614	6526	4593	7417	2991	2957	2117	759	2831632
Real estate taxes	14694	462	851	2783	2091	1785	1487	3262	787	711	470	5	3648685
Property insurance	10761	200	472	1630	1418	1401	1289	2841	609	536	362	5	4200125
Mortgage insurance	4644	147	133	549	539	498	313	1997	128	205	131	5	5177112
Other	8849	269	341	1252	1133	1244	1131	2394	354	463	267	0	4163525
No items included or not reported	42191	2320	3600	10135	7455	4701	3059	4124	2192	2227	1623	755	2625538
No regular payments of interest and principal	3906	70	420	568	226	454	166	294	245	218	194	1052	3314344
Interest and Principal Payment on Total Mortgages as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or principal	51659	2375	4201	11575	8810	5979	4226	6823	2636	2601	1828	604	2837302
Less than 20 percent	6594	966	1187	1553	744	842	270	429	172	206	135	89	1708164
20 to 29 percent	9382	443	1093	2403	2216	908	651	788	394	218	220	49	2328173
30 to 39 percent	12803	230	807	2767	2178	1499	1003	2849	537	509	341	82	3251631
40 to 49 percent	10146	107	364	2331	1712	1414	1256	1278	591	557	442	94	3362483
50 to 59 percent	5931	148	217	1066	911	730	625	763	471	645	301	55	3817342
60 to 69 percent	2721	324	212	527	347	256	207	310	166	210	137	24	2821793
70 to 79 percent	1032	35	104	141	124	84	47	99	114	92	37	155	3400458
80 to 89 percent	440	75	8	128	70	32	17	25	8	43	31	2	2113060
90 to 99 percent	369	3	31	52	76	50	14	74	17	31	18	4	3419378
100 percent or more	2113	30	170	586	385	151	132	200	160	88	161	51	2637671
Not reported or not computed	127	14	8	21	46	11	5	8	7	3	5	0	2454609
Median	38	25	28	37	37	38	41	38	44	47	45	49	...
Other properties	9446	477	702	1953	1030	1001	533	888	600	573	483	1207	2958596