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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 | 5,895 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $308,679,000 |
| Average Mortgage Loan Amount Applied For | $48,346 |
| Highest Mortgage Loan Amount Applied For | $861,000 |
| Average Applicant Income | $36,865 |
| Highest Applicant Income | $331,000 |
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| Home Improvement |
1,293 | $49,869,000 |
$38,000 | $345,000 |
$40,000 | $300,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
4,602 | $258,810,000 |
$56,000 | $861,000 |
$39,000 | $331,000 |
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| American Indian or Alaskan Native |
16 | $586,000 |
$36,000 | $98,000 |
$37,000 | $98,000 |
| Asian |
5 | $322,000 |
$64,000 | $127,000 |
$50,000 | $67,000 |
| Black or African American |
2,593 | $132,081,000 |
$50,000 | $861,000 |
$35,000 | $197,000 |
| Hispanic |
60 | $2,965,000 |
$49,000 | $150,000 |
$45,000 | $253,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $223,000 |
$44,000 | $75,000 |
$25,000 | $36,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
457 | $22,542,000 |
$49,000 | $341,000 |
$41,000 | $185,000 |
| White |
2,759 | $149,960,000 |
$54,000 | $345,000 |
$42,000 | $331,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,895 | $308,679,000 |
$52,000 | $861,000 |
$39,000 | $331,000 |
| 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 |
1,357 | $65,206,000 |
$48,000 | $320,000 |
$44,000 | $331,000 |
| Application Denied By Financial Institution |
2,714 | $135,548,000 |
$49,000 | $861,000 |
$36,000 | $253,000 |
| Application Withdrawn By Applicant |
237 | $11,606,000 |
$48,000 | $189,000 |
$36,000 | $120,000 |
| File Closed For Incompleteness |
1 | $55,000 |
$55,000 | $55,000 |
$50,000 | $50,000 |
| Loan Originated |
1,586 | $96,264,000 |
$60,000 | $345,000 |
$39,000 | $164,000 |
| 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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