Milliken recorded their confidential report to the new HOLC central place of work, where team written a four-color Residential Shelter Chart to help you visually show new pattern of desirability he claimed to possess neighborhoods in Hartford and two surrounding suburbs, Western Hartford and you can East Hartford. Environmentally friendly, the greatest get, marked an informed opportunities getting financial capital, exactly what Milliken described as sensuous areas of the latest and really-arranged domestic design where lenders with offered financing are prepared to make maximum fund from the as much as 80 % of your own appraised value of (and thus requiring just a 20 percent down payment regarding home owners). Bluish, the second-levels level, depicted completely set up areas of great top quality, however the best, in which loan providers considering mortgage loans on no more than 70 percent of the home well worth (otherwise a 30 percent deposit). Red-colored, the 3rd-values positions, shown elements inside the transition on account of obsolescent homes or even the infiltration from a reduced level population, and where lenders was in fact a great deal more conventional than significantly more than. Although some lenders stopped the third- and you may 4th-stages areas, Millken’s statement try mindful to end implying one a great mortgage investments could not be made here. Instead, i do think [mortgages] are produced and you can serviced [but] on yet another basis than in the first and you may 2nd values section.