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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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CITIFINANCIAL
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIFINANCIAL |
| Address | 300 ST. PAUL PLACE
BALTIMORE, MD 21202 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,544 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $127,713,000 |
| Average Mortgage Loan Amount Applied For | $49,743 |
| Highest Mortgage Loan Amount Applied For | $360,000 |
| Average Applicant Income | $29,666 |
| Highest Applicant Income | $319,000 |
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| Home Improvement |
1,461 | $58,593,000 |
$40,000 | $257,000 |
$31,000 | $243,000 |
| Home Purchase |
112 | $8,814,000 |
$78,000 | $255,000 |
$41,000 | $180,000 |
| Refinancing |
971 | $60,306,000 |
$62,000 | $360,000 |
$31,000 | $319,000 |
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| American Indian or Alaskan Native |
1 | $116,000 |
$116,000 | $116,000 |
$20,000 | $20,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $80,000 |
$40,000 | $65,000 |
$55,000 | $65,000 |
| Hispanic |
2,503 | $124,793,000 |
$49,000 | $360,000 |
$31,000 | $319,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
27 | $1,923,000 |
$71,000 | $168,000 |
$25,000 | $54,000 |
| White |
11 | $801,000 |
$72,000 | $225,000 |
$41,000 | $158,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,544 | $127,713,000 |
$50,000 | $360,000 |
$31,000 | $319,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
26 | $1,662,000 |
$63,000 | $168,000 |
$28,000 | $63,000 |
| Application Denied By Financial Institution |
1,054 | $55,667,000 |
$52,000 | $360,000 |
$31,000 | $319,000 |
| Application Withdrawn By Applicant |
398 | $22,246,000 |
$55,000 | $230,000 |
$30,000 | $123,000 |
| File Closed For Incompleteness |
104 | $4,713,000 |
$45,000 | $176,000 |
$34,000 | $180,000 |
| Loan Originated |
930 | $41,986,000 |
$45,000 | $257,000 |
$31,000 | $208,000 |
| Loan Purchased By The Institution |
32 | $1,439,000 |
$44,000 | $124,000 |
$42,000 | $177,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CITIFINANCIAL by:
Metropolitan Area And
County
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