REPORT OF PROGRAM ACTIVITY
FISCAL YEAR 2007: July 1, 2006 June 30, 2007
1st Half of FY2007 = July 1, 2006 December 31, 2006
2nd Half of FY2007 = January 1, 2007 June 30, 2007
perry County
in Congressional District 2
HOMEOWNERSHIP
Home-to-Own (H2O)
General Statistics
|
Time Period |
No. Loans |
Dollar Amount |
Mean Loan Amount |
Median Loan Amount |
|
07/2006 12/2006 |
3 |
$200,482.00 |
$66,827.33 |
$42,000.00 |
|
01/2007 06/2007 |
0 |
$0.00 |
$0.00 |
$0.00 |
|
Total FY2007 |
3 |
$200,482.00 |
$66,827.33 |
$42,000.00 |
|
Loan Cancellation Rate Total FY2007: |
0.0% |
Loans by Originator / Branch
|
|
7/1/06 - 12/31/06 |
1/1/07 - 6/30/07 |
TOTAL FY 2007 |
|||
|
ORIGINATOR / BRANCH |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
|
Bank of Dardanelle, Russellville, AR |
1 |
$34,500.00 |
0 |
$0.00 |
1 |
$34,500.00 |
|
Regions Mortgage, Inc., Little Rock, AR |
1 |
$123,982.00 |
0 |
$0.00 |
1 |
$123,982.00 |
|
Simmons First National Bank, Pine Bluff, AR |
1 |
$42,000.00 |
0 |
$0.00 |
1 |
$42,000.00 |
Loans by New / Existing
|
New / Existing |
Time Period |
No. Loans |
Dollar Amount |
|
Existing Construction |
07/2006 12/2006 |
3 |
$200,482.00 |
|
01/2007 06/2007 |
0 |
$0.00 |
|
|
Total FY2007 |
3 |
$200,482.00 |
|
|
New or Proposed Construction |
07/2006 12/2006 |
0 |
$0.00 |
|
01/2007 06/2007 |
0 |
$0.00 |
|
|
Total FY2007 |
0 |
$0.00 |
Loans by Loan Type
|
Loan Type |
Time Period |
No. Loans |
Dollar Amount |
|
FHA |
07/2006 12/2006 |
1 |
$123,982.00 |
|
01/2007 06/2007 |
0 |
$0.00 |
|
|
Total FY2007 |
1 |
$123,982.00 |
|
|
VA |
07/2006 12/2006 |
0 |
$0.00 |
|
01/2007 - 06/2007 |
0 |
$0.00 |
|
|
Total FY2007 |
0 |
$0.00 |
|
|
Conventional |
07/2006 12/2006 |
1 |
$42,000.00 |
|
01/2007 06/2007 |
0 |
$0.00 |
|
|
Total FY2007 |
1 |
$42,000.00 |
|
|
Rural Development |
07/2006 12/2006 |
1 |
$34,500.00 |
|
01/2007 06/2007 |
0 |
$0.00 |
|
|
Total FY2007 |
1 |
$34,500.00 |
Borrowers Profile
|
Ethnicity |
Time Period |
No. Loans |
Dollar Amount |
Percent |
Mean Income |
Median Income |
|
Non-Minority |
07/2006 12/2006 |
2 |
$76,500.00 |
66.7% |
$24,379.62 |
$24,379.62 |
|
01/2007 06/2007 |
0 |
$0.00 |
0.0% |
$0.00 |
$0.00 |
|
|
Total FY2007 |
2 |
$76,500.00 |
66.7% |
$24,379.62 |
$24,379.62 |
|
|
Minority |
07/2006 12/2006 |
1 |
$123,982.00 |
33.3% |
$39,202.44 |
$39,202.44 |
|
01/2007 06/2007 |
0 |
$0.00 |
0.0% |
$0.00 |
$0.00 |
|
|
Total FY2007 |
1 |
$123,982.00 |
33.3% |
$39,202.44 |
$39,202.44 |
|
Gender of Head of Household |
Time Period |
No. Loans |
Percent |
|
Male |
07/2006 12/2006 |
1 |
33.3% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
1 |
33.3% |
|
|
Female |
07/2006 12/2006 |
2 |
66.7% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
2 |
66.7% |
|
Age of Head of Household |
Time Period |
No. Loans |
Percent |
|
18 to 22 |
07/2006 12/2006 |
0 |
0.0% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
0 |
0.0% |
|
|
23 to 30 |
07/2006 - 12/2006 |
1 |
33.3% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
1 |
33.3% |
|
|
31 to 40 |
07/2006 12/2006 |
0 |
0.0% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
0 |
0.0% |
|
|
41 to 50 |
07/2006 12/2006 |
1 |
33.3% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
1 |
33.3% |
|
|
51 to 60 |
07/2006 12/2006 |
0 |
0.0% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
0 |
0.0% |
|
|
61 to 70 |
07/2006 12/2006 |
0 |
0.0% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
0 |
0.0% |
|
|
71+ |
07/2006 12/2006 |
1 |
33.3% |
|
01/2007 06/2007 |
0 |
0.0% |
|
|
Total FY2007 |
1 |
33.3% |
|
|
Average Age |
07/2006 12/2006 |
50.0 |
|
|
01/2007 06/2007 |
0.0 |
||
|
Total FY2007 |
50.0 |
|
Average Household Size |
07/2006 12/2006 |
2.0 |
|
01/2007 06/2007 |
0.0 |
|
|
Total FY2007 |
2.0 |
Down Payment Assistance Program (DPA)
General Statistics
|
Time Period |
No. Loans |
Dollar Amount |
Mean Loan Amount |
% of H2O Loans |
|
07/2006 12/2006 |
1 |
$6,000.00 |
$6,000.00 |
33.3% |
|
01/2007 06/2007 |
0 |
$0.00 |
$0.00 |
0.0% |
|
Total FY2007 |
1 |
$6,000.00 |
$6,000.00 |
33.3% |
|
Loan Cancellation - Total FY2007: |
0.0% |
Loans by Homebuyer Counselor
|
|
7/1/06 - 12/31/06 |
1/1/07 - 6/30/07 |
TOTAL FY 2007 |
|||
|
HOMEBUYER COUNSELOR |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
|
ARVAC, Inc. |
1 |
$6,000.00 |
0 |
$0.00 |
1 |
$6,000.00 |
Loans by New / Existing
|
New / Existing |
Time Period |
No. Loans |
Dollar Amount |
|
Existing Construction |
07/2006 12/2006 |
1 |
$6,000.00 |
|
01/2007 06/2007 |
0 |
$0.00 |
|
|
Total FY2007 |
1 |
$6,000.00 |
|
|
Ne |