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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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CITIMORTGAGE, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIMORTGAGE, INC |
| Address | 850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 573,459 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $107,182,351,000 |
| Average Mortgage Loan Amount Applied For | $113,997 |
| Highest Mortgage Loan Amount Applied For | $29,250,000 |
| Average Applicant Income | $76,731 |
| Highest Applicant Income | $9,996,000 |
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| Home Improvement |
15,349 | $2,955,395,000 |
$144,679 | $13,700,000 |
$99,566 | $7,197,000 |
| Home Purchase |
305,864 | $52,587,816,000 |
$150,150 | $20,000,000 |
$106,754 | $9,996,000 |
| Refinancing |
252,459 | $51,696,640,000 |
$166,000 | $29,250,000 |
$83,301 | $9,750,000 |
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| American Indian or Alaskan Native |
1,862 | $289,462,000 |
$139,207 | $3,400,000 |
$76,849 | $2,297,000 |
| Asian |
31,913 | $8,438,835,000 |
$171,754 | $12,500,000 |
$99,150 | $8,208,000 |
| Black or African American |
32,470 | $4,811,053,000 |
$132,490 | $20,000,000 |
$77,792 | $8,889,000 |
| Hispanic |
50,445 | $7,997,535,000 |
$130,018 | $3,000,000 |
$71,264 | $8,466,000 |
| Native Hawaiin or Other Pacific Islander |
2,406 | $502,580,000 |
$151,620 | $1,425,000 |
$87,200 | $6,042,000 |
| Not applicable |
11,115 | $1,587,346,000 |
$103,076 | $12,500,000 |
$110,211 | $9,750,000 |
| Not Provided |
55,230 | $13,414,957,000 |
$182,132 | $17,500,000 |
$112,981 | $8,396,000 |
| White |
388,231 | $70,198,083,000 |
$161,490 | $29,250,000 |
$101,415 | $9,996,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
540,823 | $102,839,184,000 |
$158,471 | $29,250,000 |
$102,264 | $9,996,000 |
| FHA-insured (Federal Housing Administration) |
23,184 | $2,924,532,000 |
$134,547 | $610,000 |
$41,509 | $4,366,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
9,665 | $1,476,135,000 |
$159,849 | $526,000 |
$47,716 | $6,268,000 |
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| Application Approved But Not Accepted |
9,082 | $2,018,124,000 |
$171,264 | $4,005,000 |
$71,301 | $9,180,000 |
| Application Denied By Financial Institution |
13,899 | $3,541,930,000 |
$239,320 | $13,700,000 |
$100,471 | $8,281,000 |
| Application Withdrawn By Applicant |
21,016 | $6,741,410,000 |
$248,962 | $20,000,000 |
$117,698 | $8,889,000 |
| File Closed For Incompleteness |
9,299 | $2,570,917,000 |
$220,283 | $6,000,000 |
$97,094 | $9,600,000 |
| Loan Originated |
132,673 | $34,078,637,000 |
$200,134 | $29,250,000 |
$109,384 | $9,750,000 |
| Loan Purchased By The Institution |
387,579 | $58,251,594,000 |
$135,490 | $3,500,000 |
$86,490 | $9,996,000 |
| Preapproval Approved but not Accepted |
78 | $22,560,000 |
$289,000 | $1,400,000 |
$86,000 | $700,000 |
| Preapproval Denied by Financial Institution |
46 | $14,679,000 |
$319,000 | $2,775,000 |
$162,000 | $1,540,000 |
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| Collateral |
2,965 | $659,126,000 |
$194,981 | $7,200,000 |
$105,754 | $6,923,000 |
| Credit Application Incomplete |
86 | $12,034,000 |
$130,720 | $1,400,000 |
$0 | $0 |
| Credit History |
3,479 | $711,646,000 |
$168,396 | $5,400,000 |
$73,830 | $3,504,000 |
| Debt-To-Income Ratio |
4,257 | $1,298,586,000 |
$239,094 | $13,700,000 |
$64,792 | $2,640,000 |
| Employment History |
116 | $32,473,000 |
$199,266 | $2,400,000 |
$82,833 | $600,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
281 | $94,173,000 |
$200,739 | $12,500,000 |
$97,195 | $7,119,000 |
| Mortgage Insurance Denied |
4 | $674,000 |
$203,000 | $289,000 |
$62,000 | $96,000 |
| Other |
2,083 | $558,139,000 |
$208,153 | $3,914,000 |
$111,615 | $5,549,000 |
| Unverifiable Information |
674 | $189,758,000 |
$207,543 | $2,850,000 |
$98,695 | $8,281,000 |
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Mortgage Loan App Totals for CITIMORTGAGE, INC by:
Metropolitan Area And
County
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