Statewide DREAM Fund Activity (August 2001 - March 2010)
|
Type |
#Loans |
Amt. Loaned |
Median Loan |
Median Rate |
Median Term |
Median Income |
|
Down payment/ closing costs |
256 |
$1,310,948 |
$3,415 |
5.75% |
5 Years |
70% AMI |
|
Rehabilitation |
96 |
$1,618,750 |
$14,608 |
5.95% |
10 Years |
73% AMI |
|
Emergency Repairs |
10 |
$119,461 |
$15,065 |
5.63% |
8 Years |
68% AMI |
|
Construction |
68 |
$2,222,093 |
$25,510 |
6.93% |
6 Months |
76% AMI |
|
Mortgage Assistance, including appraisal gaps |
319 |
$16,620,174 |
$37,830 |
5.63% |
30 Years |
72% AMI |
|
All |
749 |
$21,891,427 |
$16,696 |
5.80% |
8 Years |
72% AMI |