D.3 Loan Characteristics


                                      Minimum
           Loan to Value   Vacancy    Building              Monthly O&M
Institution    Ratio         Loss       Size               Cost per Unit

A-02             65%          2%       '11-19            Did not Specify
B-05             70%          NA            -            Did not Specify
B-06             60%          4%        50-99            Did not Specify
B-13             65%          3%        20-49           $220 (w/o taxes)
B-27             65%          5%       '11-19            Did not Specify
B-28             65%          2%        20-49           48-53% of Income
B-60              NA          NA            -            Did not Specify
B-62             65%          5%        50-99           $175-$200[delta]
B-63             60%          6%       '11-19                       $900
B-64              NA          NA            -            Did not Specify
B-66             60%          5%        50-99           $300 (w/o taxes)
B-68             70%          5%        50-99                  $300-$350
B-70             60%          6%        '6-10                       $250
B-71             65%          2%        50-99            Did not Specify
B-77             70%          5%        20-49            Did not Specify
C-02              NA          NA            -            Did not Specify
C-05             80%          3%        20-49              $600 per year
C-09             65%          5%        50-99                       $200
C-28             70%          5%        50-99                       $325
C-30             65%          6%    greater than 100     Did not Specify
C-34             65%          3%            -     50-55% of Gross Income
SL-15            75%          6%        50-99                       $300
SL-26            75%          5%        '6-10            Did not Specify
SL-54            55%          3%        20-49                       $225
SL-58            70%          6%        '6-10                       $650
SL-80            65%          6%        20-49                        $65

Avg:             66%          4%           50                          *

* No monthly average could be computed due to large data variations.
[delta] Without taxes or mortgage costs.

Source: 1994 RGB Mortgage Survey