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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 | 12,560 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $540,705,000 |
| Average Mortgage Loan Amount Applied For | $37,378 |
| Highest Mortgage Loan Amount Applied For | $470,000 |
| Average Applicant Income | $39,594 |
| Highest Applicant Income | $960,000 |
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| Home Improvement |
4,236 | $157,145,000 |
$37,000 | $245,000 |
$38,000 | $655,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
8,325 | $383,573,000 |
$46,000 | $470,000 |
$41,000 | $960,000 |
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| American Indian or Alaskan Native |
30 | $1,016,000 |
$33,000 | $80,000 |
$36,000 | $71,000 |
| Asian |
28 | $1,092,000 |
$39,000 | $102,000 |
$51,000 | $113,000 |
| Black or African American |
1,394 | $57,726,000 |
$41,000 | $237,000 |
$41,000 | $655,000 |
| Hispanic |
5,927 | $234,259,000 |
$39,000 | $400,000 |
$36,000 | $960,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $624,000 |
$48,000 | $90,000 |
$88,000 | $562,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,187 | $97,833,000 |
$44,000 | $470,000 |
$43,000 | $620,000 |
| White |
2,982 | $148,168,000 |
$49,000 | $400,000 |
$47,000 | $806,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
12,561 | $540,718,000 |
$43,000 | $470,000 |
$40,000 | $960,000 |
| 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 |
2,999 | $127,382,000 |
$42,000 | $351,000 |
$47,000 | $720,000 |
| Application Denied By Financial Institution |
4,429 | $181,453,000 |
$40,000 | $470,000 |
$37,000 | $960,000 |
| Application Withdrawn By Applicant |
664 | $26,939,000 |
$40,000 | $400,000 |
$41,000 | $424,000 |
| File Closed For Incompleteness |
1 | $25,000 |
$25,000 | $25,000 |
$26,000 | $26,000 |
| Loan Originated |
4,468 | $204,919,000 |
$45,000 | $393,000 |
$39,000 | $392,000 |
| 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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