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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 SERVICES, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIFINANCIAL SERVICES, 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 | 19,239 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,223,522,000 |
| Average Mortgage Loan Amount Applied For | $57,694 |
| Highest Mortgage Loan Amount Applied For | $857,000 |
| Average Applicant Income | $41,083 |
| Highest Applicant Income | $815,000 |
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| Home Improvement |
4,307 | $198,530,000 |
$46,000 | $857,000 |
$47,000 | $750,000 |
| Home Purchase |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing |
14,934 | $1,025,174,000 |
$68,000 | $761,000 |
$43,000 | $815,000 |
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| American Indian or Alaskan Native |
157 | $8,883,000 |
$56,000 | $334,000 |
$42,000 | $386,000 |
| Asian |
132 | $9,470,000 |
$71,000 | $564,000 |
$58,000 | $173,000 |
| Black or African American |
5,529 | $335,435,000 |
$60,000 | $761,000 |
$41,000 | $280,000 |
| Hispanic |
741 | $48,322,000 |
$65,000 | $433,000 |
$49,000 | $282,000 |
| Native Hawaiin or Other Pacific Islander |
32 | $2,776,000 |
$86,000 | $326,000 |
$48,000 | $106,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,595 | $96,037,000 |
$60,000 | $434,000 |
$47,000 | $440,000 |
| White |
11,055 | $722,781,000 |
$65,000 | $857,000 |
$45,000 | $815,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
19,241 | $1,223,704,000 |
$63,000 | $857,000 |
$44,000 | $815,000 |
| 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 |
3,641 | $210,096,000 |
$57,000 | $761,000 |
$50,000 | $337,000 |
| Application Denied By Financial Institution |
6,687 | $391,750,000 |
$58,000 | $857,000 |
$43,000 | $815,000 |
| Application Withdrawn By Applicant |
639 | $39,623,000 |
$62,000 | $564,000 |
$46,000 | $166,000 |
| File Closed For Incompleteness |
2 | $87,000 |
$43,000 | $45,000 |
$16,000 | $20,000 |
| Loan Originated |
8,269 | $582,070,000 |
$70,000 | $594,000 |
$43,000 | $323,000 |
| Loan Purchased By The Institution |
3 | $78,000 |
$26,000 | $32,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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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 SERVICES, INC. by:
Metropolitan Area And
County
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