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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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FIRST-CITIZENS BANK & TRUST CO
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST-CITIZENS BANK & TRUST CO |
| Address | 16 E ROWAN STREET
RALEIGH, NC 27609 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,570 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $934,442,000 |
| Average Mortgage Loan Amount Applied For | $189,173 |
| Highest Mortgage Loan Amount Applied For | $2,677,000 |
| Average Applicant Income | $128,716 |
| Highest Applicant Income | $6,332,000 |
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| Home Improvement |
458 | $34,331,000 |
$74,000 | $1,190,000 |
$70,000 | $713,000 |
| Home Purchase |
3,017 | $551,522,000 |
$182,000 | $2,677,000 |
$115,000 | $6,332,000 |
| Refinancing |
2,130 | $353,817,000 |
$166,000 | $2,600,000 |
$104,000 | $4,281,000 |
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| American Indian or Alaskan Native |
51 | $5,249,000 |
$102,000 | $735,000 |
$84,000 | $391,000 |
| Asian |
75 | $20,285,000 |
$270,000 | $1,774,000 |
$186,000 | $864,000 |
| Black or African American |
422 | $40,994,000 |
$97,000 | $860,000 |
$64,000 | $655,000 |
| Hispanic |
118 | $14,227,000 |
$120,000 | $780,000 |
$73,000 | $820,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $3,819,000 |
$293,000 | $1,500,000 |
$356,000 | $2,005,000 |
| Not applicable |
163 | $29,533,000 |
$181,000 | $1,432,000 |
$0 | $0 |
| Not Provided |
297 | $59,761,000 |
$201,000 | $2,600,000 |
$124,000 | $2,066,000 |
| White |
4,466 | $765,802,000 |
$171,000 | $2,677,000 |
$113,000 | $6,332,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,594 | $938,522,000 |
$167,000 | $2,677,000 |
$107,000 | $6,332,000 |
| FHA-insured (Federal Housing Administration) |
6 | $679,000 |
$113,000 | $158,000 |
$43,000 | $83,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
5 | $469,000 |
$93,000 | $121,000 |
$30,000 | $32,000 |
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| Application Approved But Not Accepted |
255 | $42,579,000 |
$166,000 | $2,600,000 |
$132,000 | $2,189,000 |
| Application Denied By Financial Institution |
847 | $89,427,000 |
$105,000 | $1,428,000 |
$64,000 | $808,000 |
| Application Withdrawn By Applicant |
307 | $64,262,000 |
$209,000 | $1,346,000 |
$119,000 | $1,852,000 |
| File Closed For Incompleteness |
87 | $18,527,000 |
$212,000 | $1,260,000 |
$119,000 | $780,000 |
| Loan Originated |
4,035 | $714,612,000 |
$177,000 | $2,677,000 |
$115,000 | $6,332,000 |
| Loan Purchased By The Institution |
40 | $5,435,000 |
$135,000 | $285,000 |
$40,000 | $104,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
34 | $4,828,000 |
$142,000 | $524,000 |
$35,000 | $128,000 |
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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 FIRST-CITIZENS BANK & TRUST CO by:
Metropolitan Area And
County
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