Click Here for Program Activity for FY 2004

Click Here For Program Activity for FY 2002 & 2003

Click Here For Program Activity for FY 2001

ANNUAL REPORT OF PROGRAM ACTIVITY

FISCAL YEAR 2005: July 1, 2004 – June 30, 2005

See “Statewide” Section for list of FY 2005 Bond Issuances

STATEWIDE

HOME-TO-OWN PROGRAM

Loan Statistics

NO. LOANS	DOLLAR AMOUNT	MEAN LOAN AMT.	MEDIAN LOAN AMT
*758*	*$57,592,677.00*	*$75,979.78*	*$75,631.00*

Loans by Originator

Originator / Branch	No. Loans	Dollar Amount
Arkansas Federal Credit Union, Jacksonville, AR	5	*$364,700.00*
Arkansas National Bank, Bentonville, AR	4	*$387,601.00*
Arvest Mortgage Company, Lowell, AR	72	*$5,290,630.00*
BancorpSouth, Fort Smith, AR	26	*$1,621,257.00*
BancorpSouth, Van Buren, AR	2	*$129,535.00*
Bank of Dardanelle, Russellville, AR	30	*$1,877,251.00*
Bank of the Ozarks, Little Rock, AR	11	*$851,572.00*
Benefit Bank, Fort Smith, AR	*100*	*$8,049,719.00*
Citizens Bank & Trust, Fort Smith, AR	3	*$154,635.00*
Citizens Bank & Trust, Van Buren, AR	3	*$184,652.00*
Community Home Lenders, Inc., Cabot, AR	1	*$82,148.00*
Community First Bank, Harrison, AR	23	*$1,739,450.00*
Cornerstone Mortgage Center, Little Rock, AR	3	*$195,812.00*
Countrywide Home Loans, Inc., Jonesboro, AR	1	*$78,764.00*
Countrywide Home Loans, Inc., North Little Rock, AR	21	*$1,758,286.00*
Farmers Bank, Greenwood, AR	4	*$314,600.00*
First Arkansas Mortgage, Jacksonville, AR	3	*$274,847.00*
First Arkansas Valley Bank, Clarksville, AR	1	*$68,500.00*
First Arkansas Valley Bank, Russellville	17	*$1,279,100.00*
First Arkansas Valley Bank, Searcy, AR	1	*$57,049.00*
First Financial Bank, Fort Smith, AR	2	*$155,600.00*
First Financial Bank, Jonesboro, AR	1	*$103,900.00*
First Financial Bank, North Little Rock, AR	1	*$93,532.00*
First Home Mortgage, Inc., Jonesboro, AR	7	*$397,953.00*
First Horizon Home Loan Corporation, West Memphis, AR	17	*$1,622,023.00*
1^ST National Bank, Mountain, Home, AR	12	*$760,248.00*
1^ST National Bank, Paris, AR	23	*$1,279,400.00*
1^ST National Bank, Wynne, AR	1	*$49,608.00*
1^ST Security Bank, Conway, AR	4	*$354,004.00*
First Security Bank, Searcy, AR	15	*$1,197,916.00*
First Trust Bank for Savings, Jonesboro, AR	1	*$81,225.00*
First Trust Bank for Savings, West Memphis, AR	3	*$191,980.00*
First Western Mortgage, Inc., Booneville, AR	4	*$161,450.00*
Guaranty Loan & Real Estate, West Memphis, AR	2	*$214,750.00*
Logan Finance Corporation, Blytheville, AR	5	*$328,250.00*
Metropolitan National Bank, Little Rock, AR	11	*$877,243.00*
Moore Mortgage, Little Rock, AR	1	*$60,025.00*
Moore Mortgage, Lowell, AR	6	*$391,874.00*
NARDIC, Fort Smith, AR	7	*$503,242.00*
Priority Bank, Ozark, AR	3	*$212.500.00*
Pulaski Mortgage Company, Bentonville, AR	10	*$817,445.00*
Pulaski Mortgage Company, Bryant, AR	7	*$571,321.00*
Pulaski Mortgage Company, Conway, AR	1	*$73,742.00*
Pulaski Mortgage Company, Fayetteville, AR	1	*$75,840.00*
Pulaski Mortgage Company, Forrest City, AR	*116*	*$10,062,370.00*
Pulaski Mortgage Company, Little Rock, AR	32	*$2,359,374.00*
Pulaski Mortgage Company, West Memphis, AR	4	*$248,110.00*
Regions Mortgage Bank, Benton, AR	2	*$132,914.00*
Regions Mortgage, Inc., Little Rock, AR	31	*$2,288,887.00*
Regions Mortgage, Inc., Searcy, AR	1	*$67,497.00*
Simmons First Bank, Jonesboro, AR	1	*$109,000.00*
Simmons First Bank, Russellville, AR	6	*$409,750.00*
Simmons First Mortgage, Fort Smith, AR	2	*$125,900.00*
Simmons First Mortgage Company, Little Rock, AR	5	*$366,046.00*
Simmons First Mortgage, Rogers, AR	12	*$1,086,603.00*
Simmons First Mortgage, Russellville, AR	9	*$639,735.00*
Simmons First Mortgage, Searcy, AR	3	*$231,071.00*
Simmons First Mortgage, Springdale, AR	3	*$264,843.00*
Simmons First Mortgage of Little Rock, Siloam Springs, AR	3	*$261,313.00*
Simmons First National Bank, Pine Bluff, AR	36	*$2,343,668.00*
Summit Bank, Inc., Benton, AR	1	*$61,000.00*
The Carroll Mortgage Group, Inc., Little Rock, AR	12	*$975,794.00*
Union Bank of Benton, Benton, AR	1	*$102,655.00*
US Bank Home Mortgage, North Little Rock, AR	2	*$120,970.00*

Loans by New or Existing

New or Existing	No. Loans	Dollar Amount
Existing Construction	*624*	*$44,831,204.00*
New or Proposed Construction	*134*	*$12,761,473.00*

Loans by Loan Type

Loan Type	No. Loans	Dollar Amount
FHA	*488*	*$36,025,133.00*
VA	14	*$1,285,079.00*
Conventional	20	*$1,217,059.00*
Rural Development	*236*	*$19,065,406.00*
Uninsured	0	*$0.00*
Other	0	*$0.00*

Demographics

Ethnicity	No. Loans	Dollar Amount	Percent
Non-Minorities	*502*	*$38,306,114.00*	*66.2%*
Minorities	*235*	*$17,622,683.00*	*31.0%*
Unknown	21	*$1,663,880.00*	*2.8%*

Ethnicity	Mean Income	Median Income
Non-Minorities	*$36,019.64*	*$34,285.02*
Minorities	*$35,247.68*	*$36,174.00*
Unknown	*$41,539.45*	*$41,796.00*

Average Household Size:	*2.4*

Loan Cancellation Rate:	*20.5%*

DOWN PAYMENT ASSISTANCE PROGRAM

Loan Statistics

NO. LOANS	DOLLAR AMOUNT	MEAN LOAN AMT.	% of H2O (1^ST) LOANS
*370*	*$972,289.00*	*$2,627.80*	*48.8%*

Loans by Homebuyer Counselor

Counselor	No. Loans	Dollar Amount
Argenta Neighorborworks Homeownership Center, North Little Rock, AR	38	*$102,325.00*
Arkansas River Valley Area Council, Inc., Dardanelle, AR	3	*$8,145.00*
Community Resource Technicians, Little Rock, AR	21	*$56,583.00*
Crawford-Sebastian Community Development Council, Fort Smith, AR	80	*$205,024.00*
Dream Makers Housing Counseling Agency, Pine Bluff, AR	41	*$113,216.00*
Family Service Agency, Little Rock, AR	8	*$20,974.00*
In Affordable Housing, Inc., Little Rock, AR	76	*$201,151.00*
Legal Aid of Arkansas, West Memphis, AR	1	*$1,424.00*
Mississippi County EOC, Blytheville, AR	75	*$190,402.00*
Universal Housing Development Corporation, Russellville, AR	27	*$73,045.00*

Loans by New or Existing

New or Existing	No. Loans	Dollar Amount
Existing Construction	*332*	*$869,907.00*
New or Proposed Construction	38	*$102,382.00*

Demographics

Ethnicity	No. Loans	Dollar Amount	Percent
Non-Minorities	*222*	*$581,839.00*	*60.0%*
Minorities	*127*	*$333,361.00*	*34.3%*
Unknown

Click Here for Program Activity for FY 2004 Click Here For Program Activity for FY 2002 & 2003

Click Here For Program Activity for FY 2001

See “Statewide” Section for list of FY 2005 Bond Issuances

STATEWIDE

Loans by New or Existing

DOWN PAYMENT ASSISTANCE PROGRAM

Loans by New or Existing

Click Here for Program Activity for FY 2004

Click Here For Program Activity for FY 2002 & 2003