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Congressional District 4

  1. Ashley
  2. Bradley
  3. Calhoun
  4. Chicot
  5. Clark
  6. Cleveland
  7. Columbia
  8. Dallas
  9. Desha
  10. Drew
  11. Garland
  12. Grant
  13. Hempstead
  14. Hot Spring
  15. Howard
  16. Jefferson
  17. LaFayette
  18. Lincoln
  19. Little River
  20. Miller
  21. Montgomery
  22. Navada
  23. Ouachita
  24. Pike
  25. Sevier
  26. Union

 

 

REPORT OF PROGRAM ACTIVITY

FISCAL YEAR 2006:  July 1, 2005– June 30, 2006

With Comparison to FY 2005 Report

 

See “Statewide” Section for list of FY 2006 Bond Issuances

 

 

CONGRESSIONAL DISTRICT 4

 

 

Counties:     Ashley, Bradley, Calhoun, Chicot, Clark, Cleveland, Columbia, Dallas, Desha, Drew, Garland, Grant, Hempstead, Hot Spring, Howard, Jefferson, Lafayette, Lincoln, Little River, Logan, Miller, Montgomery, Nevada, Ouachita, Pike, Polk, Scott, Sevier and Union

 

HOMEOWNERSHIP

 

HOME-TO-OWN PROGRAM’s Loan Statistics

 

FY

NO. LOANS

DOLLAR AMOUNT

MEAN LOAN AMT.

MEDIAN LOAN AMT.

2006

96

$5,762,773.00

$60,028.89

$59,529.00

2005

72

$4,347,123.00

$60,376.71

$58,007.00

 

Loans by Originator

 

Originator / Branch

FY

No. Loans

Dollar Amount

Arvest Mortgage Company, Lowell, AR

2006

4

$250,451.00

2005

2

$119,462.00

Bank of Dardanelle, Russellville, AR

2006

0

$0.00

2005

1

$66,800.00

Countrywide Home Loans, Inc., North Little Rock, AR

2006

0

$0.00

2005

1

$59,033.00

Elk Horn Bank Trust, Arkadelphia, AR

2006

3

$237,500.00

2005

0

$0.00

First Arkansas Valley Bank, Russellville, AR

2006

1

$62,500.00

2005

0

$0.00

First National Bank, Paris, AR

2006

22

$1,321,095.00

2005

23

$1,279,400.00

First Western Mortgage, Inc., Booneville, AR

2006

2

$113,650.00

2005

4

$161,450.00

Metropolitan National Bank, Little Rock, AR

2006

0

$0.00

2005

2

$136,986.00

Moore Mortgage, Little Rock, AR

2006

2

$77,199.00

2005

0

$0.00

Moore Mortgage, Lowell, AR

2006

0

$0.00

2005

1

$57,596.00

Priority Bank, Ozark, AR

2006

0

$0.00

2005

1

$78,000.00

Pulaski Mortgage Company, Bryant, AR

2006

0

$0.00

2005

1

$77,900.00

Pulaski Mortgage Company, Little Rock, AR

2006

5

$338,252.00

2005

2

$127,889.00

Regions Mortgage, Inc., Benton, AR

2006

0

$0.00

2005

1

$71,872.00

Simmons First, Fort Smith, AR

2006

1

$88,200.00

2005

0

$0.00

Simmons First National Bank, Pine Bluff, AR

2006

55

$3,221,376.00

2005

32

$2,049,736.00

Summit Bank, Inc., Benton, AR

2006

1

$52,550.00

2005

1

$61,000.00

 

Loans by New or Existing

 

New or Existing

FY

No. Loans

Dollar Amount

Existing Construction

2006

93

$5,543,183.00

2005

71

$4,311,040.00

New or Proposed Construction

2006

3

$219,590.00

2005

1

$36,083.00

 

Loans by Loan Type

 

Loan Type

FY

No. Loans

Dollar Amount

FHA

2006

72

$4,207,216.00

2005

52

$3,203,928.00

VA

2006

4

$287,167.00

2005

0

$0.00

Conventional

2006

7

$506,840.00

2005

2

$127,775.00

Rural Development

2006

13

$761,550.00

2005

18

$1,015,420.00

 

Demographics

 

Ethnicity

FY

No. Loans

Dollar Amount

Percent

Non-Minorities

2006

57

$3,516,609.00

59.4%

2005

50

$2,957,196.00

69.4%

Minorities

2006

39

$2,246,164.00

40.6%

2005

21

$1,330,894.00

29.2%

Unknown

2006

0

$0.00

0.0%

2005

1

$59,033.00

1.4%

 

Ethnicity

FY

Mean Income

Median Income

Non-Minorities

2006

$33,219.83

$32,896.92

2005

$33,169.64

$31,788.00

Minorities

2006

$34,005.68

$34,842.24

2005

$35,399.78

$34,248.00

Unknown

2006

$0.00

$0.00

2005

$42,012.00

$42,012.00

 

Gender-Head of Hshld

FY

No.

Pct.

Males

2006

45

46.9%

2005

45

62.5%

Females

2006

51

53.1%

2005

27

37.5%


 

 

FY 2006

Average Age of Head of Household:

 

33.3

FY 2005

 

35.1

 

FY 2006

Average Household Size: