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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, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIFINANCIAL, INC. |
| 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 | 10,507 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $564,135,000 |
| Average Mortgage Loan Amount Applied For | $49,429 |
| Highest Mortgage Loan Amount Applied For | $873,000 |
| Average Applicant Income | $42,476 |
| Highest Applicant Income | $611,000 |
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| Home Improvement |
2,412 | $82,199,000 |
$34,000 | $300,000 |
$45,000 | $392,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
8,095 | $481,936,000 |
$59,000 | $873,000 |
$45,000 | $611,000 |
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| American Indian or Alaskan Native |
19 | $1,186,000 |
$62,000 | $176,000 |
$56,000 | $188,000 |
| Asian |
20 | $1,479,000 |
$73,000 | $250,000 |
$50,000 | $135,000 |
| Black or African American |
1,306 | $65,348,000 |
$50,000 | $435,000 |
$42,000 | $392,000 |
| Hispanic |
138 | $7,122,000 |
$51,000 | $215,000 |
$45,000 | $191,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $585,000 |
$65,000 | $165,000 |
$42,000 | $77,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,100 | $50,796,000 |
$46,000 | $316,000 |
$46,000 | $228,000 |
| White |
7,915 | $437,619,000 |
$55,000 | $873,000 |
$45,000 | $611,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
10,507 | $564,135,000 |
$53,000 | $873,000 |
$45,000 | $611,000 |
| 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 |
2,507 | $120,840,000 |
$48,000 | $423,000 |
$50,000 | $300,000 |
| Application Denied By Financial Institution |
4,066 | $205,952,000 |
$50,000 | $873,000 |
$43,000 | $392,000 |
| Application Withdrawn By Applicant |
361 | $20,857,000 |
$57,000 | $267,000 |
$44,000 | $162,000 |
| File Closed For Incompleteness |
1 | $33,000 |
$33,000 | $33,000 |
$47,000 | $47,000 |
| Loan Originated |
3,572 | $216,453,000 |
$60,000 | $435,000 |
$43,000 | $611,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$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, INC. by:
Metropolitan Area And
County
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