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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 the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 729,835 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $126,563,275,000 |
| Average Mortgage Loan Amount Applied For | $113,334 |
| Highest Mortgage Loan Amount Applied For | $30,000,000 |
| Average Applicant Income | $77,482 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
29,088 | $3,728,020,000 |
$128,000 | $8,000,000 |
$107,000 | $3,992,000 |
| Home Purchase |
398,477 | $66,152,514,000 |
$166,000 | $11,538,000 |
$108,000 | $9,999,000 |
| Refinancing |
302,281 | $56,685,568,000 |
$187,000 | $30,000,000 |
$106,000 | $9,988,000 |
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| American Indian or Alaskan Native |
602 | $127,768,000 |
$212,000 | $2,100,000 |
$95,000 | $1,211,000 |
| Asian |
14,314 | $5,300,689,000 |
$370,000 | $4,950,000 |
$143,000 | $5,348,000 |
| Black or African American |
14,145 | $2,693,246,000 |
$190,000 | $6,500,000 |
$77,000 | $8,000,000 |
| Hispanic |
20,203 | $4,558,805,000 |
$225,000 | $4,200,000 |
$83,000 | $2,580,000 |
| Native Hawaiin or Other Pacific Islander |
742 | $221,332,000 |
$298,000 | $2,180,000 |
$124,000 | $2,963,000 |
| Not applicable |
541,508 | $75,171,644,000 |
$138,000 | $10,000,000 |
$100,000 | $9,999,000 |
| Not Provided |
27,492 | $9,022,226,000 |
$328,000 | $30,000,000 |
$168,000 | $9,988,000 |
| White |
110,840 | $29,470,392,000 |
$265,000 | $22,095,000 |
$131,000 | $9,700,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
671,147 | $117,892,191,000 |
$175,000 | $30,000,000 |
$112,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
41,913 | $5,784,098,000 |
$138,000 | $990,000 |
$54,000 | $2,781,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
16,786 | $2,889,813,000 |
$172,000 | $623,000 |
$58,000 | $9,888,000 |
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| Application Approved But Not Accepted |
5,645 | $1,457,000,000 |
$258,000 | $3,100,000 |
$120,000 | $6,192,000 |
| Application Denied By Financial Institution |
20,399 | $4,958,007,000 |
$243,000 | $30,000,000 |
$96,000 | $8,000,000 |
| Application Withdrawn By Applicant |
23,646 | $7,176,044,000 |
$303,000 | $22,095,000 |
$139,000 | $9,988,000 |
| File Closed For Incompleteness |
9,896 | $2,690,196,000 |
$271,000 | $10,000,000 |
$119,000 | $7,800,000 |
| Loan Originated |
128,442 | $35,208,105,000 |
$274,000 | $10,000,000 |
$134,000 | $9,988,000 |
| Loan Purchased By The Institution |
541,814 | $75,075,805,000 |
$138,000 | $8,909,000 |
$100,000 | $9,999,000 |
| Preapproval Approved but not Accepted |
3 | $815,000 |
$271,000 | $480,000 |
$69,000 | $108,000 |
| Preapproval Denied by Financial Institution |
1 | $130,000 |
$130,000 | $130,000 |
$44,000 | $44,000 |
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| Collateral |
3,848 | $934,667,000 |
$242,000 | $15,000,000 |
$113,000 | $6,180,000 |
| Credit Application Incomplete |
1 | $96,000 |
$96,000 | $96,000 |
$0 | $0 |
| Credit History |
5,318 | $1,045,765,000 |
$196,000 | $5,000,000 |
$84,000 | $8,000,000 |
| Debt-To-Income Ratio |
6,056 | $1,571,594,000 |
$259,000 | $30,000,000 |
$69,000 | $5,000,000 |
| Employment History |
228 | $56,459,000 |
$247,000 | $1,470,000 |
$104,000 | $1,400,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
441 | $95,251,000 |
$215,000 | $3,000,000 |
$83,000 | $860,000 |
| Mortgage Insurance Denied |
2 | $240,000 |
$120,000 | $142,000 |
$47,000 | $94,000 |
| Other |
3,468 | $949,777,000 |
$273,000 | $5,950,000 |
$131,000 | $6,079,000 |
| Unverifiable Information |
1,038 | $304,288,000 |
$293,000 | $4,500,000 |
$135,000 | $3,332,000 |
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Mortgage Loan App Totals for CITIMORTGAGE, INC by:
Metropolitan Area And
County
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