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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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CITIZENS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
CITIZENS BANK |
| Address | 919 MARKET STREET
WILMINGTON, DE 19801 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,991 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $128,014,000 |
| Average Mortgage Loan Amount Applied For | $69,617 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $99,588 |
| Highest Applicant Income | $2,557,000 |
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| Home Improvement |
1,125 | $48,034,000 |
$42,000 | $700,000 |
$75,000 | $2,557,000 |
| Home Purchase |
124 | $14,189,000 |
$114,000 | $400,000 |
$119,000 | $891,000 |
| Refinancing |
742 | $65,791,000 |
$88,000 | $578,000 |
$91,000 | $855,000 |
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| American Indian or Alaskan Native |
10 | $1,273,000 |
$127,000 | $700,000 |
$98,000 | $600,000 |
| Asian |
68 | $6,141,000 |
$90,000 | $465,000 |
$137,000 | $1,440,000 |
| Black or African American |
254 | $12,047,000 |
$47,000 | $578,000 |
$59,000 | $502,000 |
| Hispanic |
90 | $4,252,000 |
$47,000 | $234,000 |
$68,000 | $402,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $556,000 |
$69,000 | $112,000 |
$128,000 | $296,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
147 | $10,058,000 |
$68,000 | $323,000 |
$94,000 | $768,000 |
| White |
1,414 | $93,687,000 |
$66,000 | $571,000 |
$85,000 | $2,557,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,991 | $128,014,000 |
$64,000 | $700,000 |
$84,000 | $2,557,000 |
| 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 |
153 | $11,015,000 |
$71,000 | $578,000 |
$100,000 | $768,000 |
| Application Denied By Financial Institution |
649 | $37,773,000 |
$58,000 | $700,000 |
$70,000 | $2,557,000 |
| Application Withdrawn By Applicant |
1 | $10,000 |
$10,000 | $10,000 |
$51,000 | $51,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,188 | $79,216,000 |
$66,000 | $465,000 |
$89,000 | $891,000 |
| 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 |
109 | $11,321,000 |
$103,000 | $700,000 |
$98,000 | $600,000 |
| Credit Application Incomplete |
6 | $436,000 |
$72,000 | $234,000 |
$83,000 | $196,000 |
| Credit History |
238 | $9,823,000 |
$41,000 | $261,000 |
$55,000 | $502,000 |
| Debt-To-Income Ratio |
192 | $11,567,000 |
$60,000 | $571,000 |
$53,000 | $365,000 |
| Employment History |
5 | $372,000 |
$74,000 | $140,000 |
$181,000 | $419,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
78 | $2,190,000 |
$28,000 | $200,000 |
$90,000 | $2,557,000 |
| Unverifiable Information |
21 | $2,064,000 |
$98,000 | $312,000 |
$135,000 | $1,440,000 |
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Mortgage Loan App Totals for CITIZENS BANK by:
Metropolitan Area And
County
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