|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
CITIFINANCIAL, INC.
Mortgage Loans and Application Details
|
|
|
|
| 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 | 54,514 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,494,872,000 |
| Average Mortgage Loan Amount Applied For | $58,809 |
| Highest Mortgage Loan Amount Applied For | $909,000 |
| Average Applicant Income | $44,585 |
| Highest Applicant Income | $1,000,000 |
|
|
|
| Home Improvement |
16,177 | $756,794,000 |
$46,000 | $650,000 |
$51,000 | $1,000,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
38,343 | $2,738,293,000 |
$71,000 | $909,000 |
$47,000 | $900,000 |
|
|
| American Indian or Alaskan Native |
362 | $23,279,000 |
$64,000 | $300,000 |
$48,000 | $267,000 |
| Asian |
401 | $26,390,000 |
$65,000 | $395,000 |
$55,000 | $204,000 |
| Black or African American |
9,764 | $635,449,000 |
$65,000 | $713,000 |
$47,000 | $1,000,000 |
| Hispanic |
3,508 | $209,819,000 |
$59,000 | $793,000 |
$44,000 | $634,000 |
| Native Hawaiin or Other Pacific Islander |
201 | $13,809,000 |
$68,000 | $285,000 |
$53,000 | $169,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5,609 | $320,950,000 |
$57,000 | $700,000 |
$50,000 | $750,000 |
| White |
34,675 | $2,265,391,000 |
$65,000 | $909,000 |
$48,000 | $829,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
54,520 | $3,495,087,000 |
$64,000 | $909,000 |
$48,000 | $1,000,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
14,012 | $822,440,000 |
$58,000 | $700,000 |
$53,000 | $1,000,000 |
| Application Denied By Financial Institution |
20,879 | $1,202,275,000 |
$57,000 | $909,000 |
$44,000 | $900,000 |
| Application Withdrawn By Applicant |
1,489 | $94,270,000 |
$63,000 | $491,000 |
$46,000 | $229,000 |
| File Closed For Incompleteness |
10 | $630,000 |
$63,000 | $160,000 |
$41,000 | $62,000 |
| Loan Originated |
18,127 | $1,375,340,000 |
$75,000 | $713,000 |
$49,000 | $758,000 |
| Loan Purchased By The Institution |
3 | $132,000 |
$44,000 | $51,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| 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 |
|
Mortgage Loan App Totals for CITIFINANCIAL, INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
