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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 CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIFINANCIAL CORPORATION |
| Address | 300 ST. PAUL PLACE
BALTIMORE, MD 21202 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,338 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $172,950,000 |
| Average Mortgage Loan Amount Applied For | $70,480 |
| Highest Mortgage Loan Amount Applied For | $498,000 |
| Average Applicant Income | $48,500 |
| Highest Applicant Income | $848,000 |
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| Home Improvement |
620 | $28,958,000 |
$46,000 | $408,000 |
$53,000 | $300,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
1,718 | $143,992,000 |
$83,000 | $498,000 |
$52,000 | $848,000 |
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| American Indian or Alaskan Native |
14 | $1,560,000 |
$111,000 | $205,000 |
$60,000 | $98,000 |
| Asian |
18 | $1,150,000 |
$63,000 | $215,000 |
$49,000 | $101,000 |
| Black or African American |
113 | $8,461,000 |
$74,000 | $350,000 |
$49,000 | $173,000 |
| Hispanic |
594 | $38,975,000 |
$65,000 | $448,000 |
$44,000 | $156,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $602,000 |
$60,000 | $173,000 |
$55,000 | $136,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
259 | $16,624,000 |
$64,000 | $384,000 |
$58,000 | $300,000 |
| White |
1,330 | $105,578,000 |
$79,000 | $498,000 |
$55,000 | $848,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,338 | $172,950,000 |
$73,000 | $498,000 |
$52,000 | $848,000 |
| 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 |
602 | $39,462,000 |
$65,000 | $498,000 |
$57,000 | $723,000 |
| Application Denied By Financial Institution |
970 | $70,468,000 |
$72,000 | $408,000 |
$49,000 | $848,000 |
| Application Withdrawn By Applicant |
82 | $5,341,000 |
$65,000 | $279,000 |
$46,000 | $109,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
683 | $57,454,000 |
$84,000 | $448,000 |
$53,000 | $181,000 |
| Loan Purchased By The Institution |
1 | $225,000 |
$225,000 | $225,000 |
$0 | $0 |
| 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 CORPORATION by:
Metropolitan Area And
County
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