Profile of all loans

Year Ending
12/31/2014
All Loans Through
12/31/2014
 
Number of Mortgage Loans 3,577 73,456
Amount of Mortgage Loans $597,691,733 $6,808,996,141
 
Average Age of Principal Borrower 33 29
 
Principal Borrower's Marital Status
Not Married 21.1% 19.0%
Married 60.5% 68.6%
Single Parent 18.4% 12.4%
 
Average Annual Household Income
Average for All Borrowers $50,816 $33,272
Average for Single Borrowers $47,136 $32,625
Average for Married Borrowers $53,219 $33,568
 
Income Distribution (All Borrowers)
Less than 50% AMI 14.2% 12.3%
50% to 65% AMI 22.7% 21.1%
65% to 80% AMI 24.2% 27.3%
80% to 100% AMI 27.6% 27.8%
100% to 120% AMI 10.6% 10.2%
Greater than 120% AMI 0.7% 1.3%
 
Type Of Housing
Single Family Detached 83.4% 84.9%
Condo/PUD 14.5% 13.7%
Twin Home and Other 2.1% 1.4%
 
Property Type
New Construction 6.6% 29.8%
Existing Home 93.4% 70.2%
 
Purchase Price (All Dwelling Types)
All Properties Average $170,837 $94,794
New Construction Average $206,581 $84,104
Existing Home Average $168,324 $99,337
Condominium/PUD Average $152,770 $107,534
 
Homes Located in Targeted Area 21.4% 24.3%