Click Here For Program Activity for FY 2002 & 2003

Click Here For Program Activity for FY 2001

ANNUAL REPORT OF PROGRAM ACTIVITY
FISCAL YEAR 2004: July 1, 2003 – June 30, 2004

See “Statewide” Section for list of FY 2004 Bond Issuances

STATEWIDE

HOME-TO-OWN PROGRAM

Loan Statistics

NO. LOANS	DOLLAR AMOUNT	MEAN LOAN AMT.	MEDIAN LOAN AMT
*1,161*	*$84,199,117.00*	*$72,522.93*	*71,500.00*

Loans by Originator

Originator / Branch	No. Loans	Dollar Amount
*1^st Community Bank, Conway, AR*	3	*$227,928.00*
*1^st Home Mortgage, Inc., Jonesboro, AR*	33	*$1,937,848.00*
*1^st National Bank & Trust, Mountain Home, AR*	20	*$1,270,250.00*
*1^st National Bank, Paris, AR*	17	*$1,033,190.00*
*1^st Security, Searcy, AR*	31	*$2,363,583.00*
*Arkansas National Bank, Bentonville, AR*	6	*$521,410.00*
*Arkansas National Bank, Rogers, AR*	1	*$67,400.00*
*Arvest Mortgage Company, Lowell, AR*	85	*$5,840,267.00*
*BancorpSouth, Fort Smith, AR*	3	*$200,317.00*
*BancorpSouth, Van Buren, AR*	38	*$2,413,367.00*
*Bank of Dardanelle, Dardanelle, AR*	8	*$635,630.00*
*Bank of Dardanelle, Russellville, AR*	5	*$316,548.00*
*Bank of Little Rock, West Memphis, AR*	1	*$95,600.00*
*Bank of the Ozarks, Fort Smith, AR*	1	*$78,500.00*
*Bank of the Ozarks, Little Rock, AR*	8	*$568,799.00*
*Bank of Yellville, Yellville, AR*	1	*$70,000.00*
*Benefit Bank, Fort Smith, AR*	*119*	*$8,814,731.00*
*Citizens Bank & Trust, Fort Smith, AR*	14	*$1,136,632.00*
*Citizens Bank & Trust, Van Buren, AR*	9	*$599,148.00*
*Community First Bank, Harrison, AR*	35	*$2,470,225.00*
*Community Home Lenders, Inc., Cabot, AR*	23	*$2,050,385.00*
*Cor, Little Rock, AR*	1	*$46,175.00*
*Countrywide Home Loans, Inc., Jonesboro, AR*	5	*$397,494.00*

*Countrywide Home Loans, Inc., North Little Rock, AR*	44	*$3,464,576.00*
*Farmers Bank of Greenwood, Fort Smith, AR*	1	*$89,000.00*
*Farmers Bank of Greenwood, Greenwood, AR*	4	*$215,000.00*
*First Arkansas Mortgage, Jacksonville, AR*	4	*$237,980.00*
*First Arkansas Valley Bank, Russellville, AR*	24	*$1,488,349.00*
*First Arkansas Valley Bank, Searcy, AR*	1	*$84,333.00*
*First Financial Bank, Jonesboro, AR*	4	*$261,993.00*
*First Financial Bank, North Little Rock, AR*	3	*$259,329.00*
*First Security Bank, Mountain Home, AR*	1	*$77,200.00*
*First Trust Mortgage Company, Jonesboro, AR*	3	*$184,593.00*
*First Trust Mortgage Company, West Memphis, AR*	7	*$603,566.00*
*First Western Mortgage, Inc., Booneville, AR*	10	*$615,500.00*
*FT Mortgage Companies, West Memphis, AR*	20	*$1,802,004.00*
*Guaranty Loan, West Memphis, AR*	1	*$134,000.00*
*Heartland Community Bank, Bryant, AR*	1	*$89,195.00*
*Heartland Community Bank, Monticello, AR*	1	*$61,750.00*
*Logan Finance, Blytheville, AR*	1	*$69,100.00*
*Metropolitan National Bank, Little Rock, AR*	32	*$2,365,654.00*
*Moore Mortgage, Lowell, AR*	2	*$146,768.00*
*NARDIC, Fort Smith, AR*	7	*$557,903.00*
*Priority Bank, Ozark, AR*	17	*$1,081,450.00*
*Pulaski Mortgage Company, Bentonville, AR*	3	*$253,735.00*
*Pulaski Mortgage Company, Bryant, AR*	5	*$419,498.00*
*Pulaski Mortgage Company, Conway, AR*	3	*$270,730.00*
*Pulaski Mortgage Company, Forrest City, AR*	25	*$1,760,656.00*
*Pulaski Mortgage Company, Little Rock, AR*	76	*$5,151,615.00*
*Pulaski Mortgage Company, Russellville, AR*	2	*$117,980.00*
*Pulaski Mortgage Company, West Memphis, AR*	*117*	*$10,982,389.00*
*Regions Mortgage, Inc., Benton, AR*	7	*$524,044.00*
*Regions Mortgage, Inc., Little Rock, AR*	31	*$2,044,912.00*
*Regions Mortgage, Inc., North Little Rock, AR*	18	*$1,222,869.00*
*Regions Mortgage, Inc., Searcy, AR*	1	*$80,960.00*
*Simmons First Bank, Jonesboro, AR*	2	*$145,800.00*
*Simmons First Bank, Russellville, AR*	31	*$2,012,600.00*
*Simmons First Mortgage, Little Rock, AR*	9	*$551,680.00*
*Simmons First Mortgage, Lowell, AR*	6	*$500,152.00*
*Simmons First Mortgage, Rogers, AR*	39	*$2,948,710.00*
*Simmons First Mortgage, Searcy, AR*	2	*$120,013.00*
*Simmons First Mortgage, Springdale, AR*	3	*$282,422.00*
*Simmons First National Bank, Pine Bluff, AR*	69	*$3,917,051.00*
*Summit Bank, Arkadelphia, AR*	7	*$549,350.00*
*Superior Federal Bank, Fort Smith, AR*	22	*$1,320,900.00*
*Superior Federal Bank, Little Rock, AR*	5	*$329,000.00*
*The Carroll Mortgage Group, Inc., Little Rock, AR*	12	*$925,911.00*
*The Kissell Company, Little Rock, AR*	1	*$40,899.00*
*Union Bank of Benton, Benton, AR*	5	*$374,179.00*
*Union Planters, Jonesboro, AR*	1	*$67,933.00*
*United Bank of Springdale, Lowell, AR*	1	*$51,095.00*
*US Bank Home Mortgage*	3	*$187,364.00*

Loans by New or Existing

New or Existing	No. Loans	Dollar Amount
Existing Construction	*967*	*$66,018,064.00*
New or Proposed Construction	*194*	*$18,181,053.00*

Demographics

Ethnicity	No. Loans	Dollar Amount	Percent
Non-Minorities	*751*	*$56,078,976.00*	*64.7%*
Minorities	*410*	*$28,120,141.00*	*35.3%*

Ethnicity	Mean Income	Median Income
Non-Minorities	*$35,116.10*	*$34,344.00*
Minorities	*$34,225.71*	*$33,670.92*

Average Household Size:	*2.3*

Loan Cancellation Rate:	*20.8%*

DOWN PAYMENT ASSISTANCE PROGRAM

Current Participating Homebuyer Counselors Statewide

HOMEBUYER COUNSELOR	COUNTY	CONG DIST	PHONE NUMBER	WEBSITE
South Arkansas Community Development, Arkadelphia, AR	Clark	4	870.230.1717	www.arcommunity.com/sacd_001.htm
Crowley's Ridge Development Council, Inc., Jonesboro, AR	Craighead	1	870.935.8610	www.crdcnea.com
Crawford-Sebastian Community Development Council, Inc., Fort Smith, AR	Crawford	3	479.785.2303	www.cscdccaa.org
Legal Aid of Arkansas, West Memphis, AR	Crittenden	1	870.732.6370	www.arlegalaid.org
Community Service Office, Inc., Hot Springs, AR	Garland	4	501.624.5724
Central Arkansas Development Council, Malvern, AR	Hot Spring	4	501.315.1121	www.cadconline.net
Dream Makers Housing Counseling Agency, Inc., Pine Bluff, AR	Jefferson	4	501.225.4328
Southwest Arkansas Development Council, Inc., Texarkana, AR	Miller	4	870.773.5504
Mississippi County Arkansas E.O.C., Blytheville, AR	Mississippi	1	870.532.2348
Universal Housing Development Corporation, Russellville, AR	Pope	3	479.968.5001
Argenta Neighborworks Homeownership Center, North Little Rock, AR	Pulaski	2	501.372.6936
Central Arkansas Development Council, Little Rock, AR	Pulaski	2	501.565.7054	www.cadconline.net
Family Service Agency, Little Rock, AR	Pulaski