DCHFA 2019 Annual Report

Page 55

DC Open Doors FY 2019 Highlights

Funded 69 mortgage loans in an amount of $22,444,450 along with $443,736 in down payment assistance loans for a total of $22,888,186 in financing. • • • • • • •

Number of Total Closed Loans: 69 (39 with DPA) Average Purchase Price: $345,063 Average 1st Trust Loan Amount: $325,281 Average DPA Loan Amount: $10,565 Average Age of Prospective Homebuyer: 34 Average Number in Household: 1 Average Borrower Income: $90,718

DC Open Doors Mortgage Assistance Loans by Ward

D C H FA @ 4 0 | D C H FA F Y 2 0 1 9 A N N U A L R E P O R T | 5 5


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DCHFA 2019 Annual Report by DC Housing Finance Agency - Issuu