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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 MTG CO, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIFINANCIAL MTG CO, LLC |
| Address | 4000 REGENT BLVD
IRVING, TX 75067 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,662 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $832,066,000 |
| Average Mortgage Loan Amount Applied For | $137,703 |
| Highest Mortgage Loan Amount Applied For | $990,000 |
| Average Applicant Income | $75,277 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
365 | $60,983,000 |
$167,000 | $950,000 |
$97,000 | $1,200,000 |
| Home Purchase |
1,207 | $113,454,000 |
$93,000 | $990,000 |
$71,000 | $1,200,000 |
| Refinancing |
4,090 | $657,629,000 |
$160,000 | $903,000 |
$82,000 | $1,000,000 |
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| American Indian or Alaskan Native |
20 | $2,916,000 |
$145,000 | $475,000 |
$127,000 | $1,200,000 |
| Asian |
117 | $26,674,000 |
$227,000 | $990,000 |
$126,000 | $1,200,000 |
| Black or African American |
150 | $30,505,000 |
$203,000 | $737,000 |
$80,000 | $312,000 |
| Hispanic |
325 | $57,378,000 |
$176,000 | $640,000 |
$81,000 | $578,000 |
| Native Hawaiin or Other Pacific Islander |
32 | $6,818,000 |
$213,000 | $496,000 |
$85,000 | $294,000 |
| Not applicable |
3,365 | $454,451,000 |
$135,000 | $839,000 |
$68,000 | $822,000 |
| Not Provided |
991 | $128,539,000 |
$129,000 | $700,000 |
$105,000 | $1,000,000 |
| White |
662 | $124,785,000 |
$188,000 | $950,000 |
$102,000 | $850,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,662 | $832,066,000 |
$146,000 | $990,000 |
$81,000 | $1,200,000 |
| 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 |
98 | $14,192,000 |
$144,000 | $550,000 |
$101,000 | $578,000 |
| Application Denied By Financial Institution |
1,590 | $243,232,000 |
$152,000 | $950,000 |
$105,000 | $1,200,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
254 | $55,860,000 |
$219,000 | $990,000 |
$91,000 | $1,200,000 |
| Loan Originated |
355 | $64,331,000 |
$181,000 | $749,000 |
$87,000 | $312,000 |
| Loan Purchased By The Institution |
3,365 | $454,451,000 |
$135,000 | $839,000 |
$68,000 | $822,000 |
| 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 |
40 | $8,508,000 |
$212,000 | $640,000 |
$92,000 | $257,000 |
| Credit Application Incomplete |
1,295 | $186,582,000 |
$144,000 | $950,000 |
$108,000 | $1,200,000 |
| Credit History |
124 | $24,219,000 |
$195,000 | $903,000 |
$93,000 | $400,000 |
| Debt-To-Income Ratio |
52 | $9,185,000 |
$176,000 | $610,000 |
$67,000 | $165,000 |
| Employment History |
11 | $1,321,000 |
$120,000 | $486,000 |
$75,000 | $135,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
56 | $10,880,000 |
$194,000 | $604,000 |
$101,000 | $324,000 |
| Unverifiable Information |
12 | $2,537,000 |
$211,000 | $455,000 |
$76,000 | $138,000 |
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Mortgage Loan App Totals for CITIFINANCIAL MTG CO, LLC by:
Metropolitan Area And
County
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