The Cit Group/Consumer Finance
HMDA Loan Application Totals
and Mortgage Lending Details
for 2005
The Cit Group/Consumer Finance 2005 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | The Cit Group/Consumer Finance 1 Cit Drive Livingston, NJ 07039 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,356 |
| Total Mortgage Loan Application Amount | $358,528,000 |
| Average Mortgage Loan Application Amount | $215,000 |
| Highest Mortgage Loan Application Amount | $1,304,000 |
| Average Applicant Income | $102,250 |
| Highest Applicant Income | $2,772,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2005 with The Cit Group/Consumer Finance. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing The Cit Group/Consumer Finance's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2005 breaks down The Cit Group/Consumer Finance's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how The Cit Group/Consumer Finance serves its applicants.
Each category highlights the total number of mortgage applications processed by The Cit Group/Consumer Finance, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at The Cit Group/Consumer Finance's mortgage activity for 2005.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Queens County New York | 254 | $ 79,991,000 | $ 314,000 | $ 105,000 |
| Kings County New York | 195 | $ 70,154,000 | $ 359,000 | $ 118,000 |
| Suffolk County New York | 189 | $ 49,650,000 | $ 262,000 | $ 125,000 |
| Nassau County New York | 141 | $ 36,582,000 | $ 259,000 | $ 102,000 |
| Westchester County New York | 97 | $ 29,588,000 | $ 305,000 | $ 139,000 |
| Bronx County New York | 90 | $ 28,412,000 | $ 315,000 | $ 94,000 |
| Rockland County New York | 43 | $ 11,432,000 | $ 265,000 | $ 228,000 |
| Richmond County New York | 40 | $ 9,609,000 | $ 240,000 | $ 94,000 |
| Orange County New York | 35 | $ 6,328,000 | $ 180,000 | $ 64,000 |
| Erie County New York | 34 | $ 2,834,000 | $ 83,000 | $ 52,000 |
| Schenectady County New York | 24 | $ 2,357,000 | $ 98,000 | $ 46,000 |
| Dutchess County New York | 22 | $ 4,140,000 | $ 188,000 | $ 69,000 |
| Monroe County New York | 22 | $ 2,426,000 | $ 110,000 | $ 41,000 |
| Albany County New York | 21 | $ 3,477,000 | $ 165,000 | $ 64,000 |
| Putnam County New York | 13 | $ 2,605,000 | $ 200,000 | $ 144,000 |
| New York County New York | 11 | $ 5,853,000 | $ 532,000 | $ 237,000 |
| Onondaga County New York | 11 | $ 903,000 | $ 82,000 | $ 0 |
| Saratoga County New York | 11 | $ 1,335,000 | $ 121,000 | $ 10,000 |
| Sullivan County New York | 8 | $ 1,082,000 | $ 135,000 | $ 77,000 |
| Ulster County New York | 8 | $ 1,333,000 | $ 166,000 | $ 72,000 |
| Washington County New York | 7 | $ 652,000 | $ 93,000 | $ 23,000 |
| Rensselaer County New York | 6 | $ 839,000 | $ 139,000 | $ 15,000 |
| Fulton County New York | 5 | $ 621,000 | $ 124,000 | $ 32,000 |
| Greene County New York | 5 | $ 725,000 | $ 145,000 | $ 42,000 |
| Herkimer County New York | 5 | $ 280,000 | $ 56,000 | $ 20,000 |
| Warren County New York | 5 | $ 538,000 | $ 107,000 | $ 20,000 |
| Columbia County New York | 4 | $ 538,000 | $ 134,000 | $ 19,000 |
| Delaware County New York | 4 | $ 316,000 | $ 79,000 | $ 33,000 |
| Jefferson County New York | 4 | $ 296,000 | $ 74,000 | $ 33,000 |
| Montgomery County New York | 4 | $ 282,000 | $ 70,000 | $ 0 |
| Cattaraugus County New York | 3 | $ 127,000 | $ 42,000 | $ 33,000 |
| Chenango County New York | 3 | $ 231,000 | $ 77,000 | $ 48,000 |
| Niagara County New York | 3 | $ 232,000 | $ 77,000 | $ 6,000 |
| Oneida County New York | 3 | $ 305,000 | $ 101,000 | $ 23,000 |
| Oswego County New York | 3 | $ 215,000 | $ 71,000 | $ 34,000 |
| Broome County New York | 2 | $ 178,000 | $ 89,000 | $ 32,000 |
| Cayuga County New York | 2 | $ 250,000 | $ 125,000 | $ 25,000 |
| Essex County New York | 2 | $ 222,000 | $ 111,000 | $ 0 |
| Schoharie County New York | 2 | $ 179,000 | $ 89,000 | $ 0 |
| Steuben County New York | 2 | $ 125,000 | $ 62,000 | $ 19,000 |
| Tioga County New York | 2 | $ 259,000 | $ 129,000 | $ 0 |
| Essex County New Jersey | 1 | $ 29,000 | $ 29,000 | $ 99,000 |
| Chautauqua County New York | 1 | $ 39,000 | $ 39,000 | $ 0 |
| Clinton County New York | 1 | $ 152,000 | $ 152,000 | $ 0 |
| Franklin County New York | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Madison County New York | 1 | $ 90,000 | $ 90,000 | $ 0 |
| Ontario County New York | 1 | $ 144,000 | $ 144,000 | $ 0 |
| Orleans County New York | 1 | $ 54,000 | $ 54,000 | $ 0 |
| Seneca County New York | 1 | $ 63,000 | $ 63,000 | $ 44,000 |
| St. Lawrence County New York | 1 | $ 115,000 | $ 115,000 | $ 58,000 |
| Tompkins County New York | 1 | $ 124,000 | $ 124,000 | $ 0 |
| Wayne County New York | 1 | $ 102,000 | $ 102,000 | $ 0 |
Mortgage Loan Application Detail Totals for The Cit Group/Consumer Finance in 2005
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 862 | $215,739,000 | $139,500 | $980,000 | $89,500 | $2,772,000 |
| Refinancing | 266 | $71,124,000 | $267,000 | $1,304,000 | $112,000 | $720,000 |
| Home Improvement | 228 | $71,665,000 | $314,000 | $725,000 | $118,000 | $782,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not applicable | 541 | $132,775,000 | $245,000 | $738,000 | $0 | $0 |
| White | 297 | $72,064,000 | $242,000 | $1,304,000 | $118,000 | $2,772,000 |
| Black or African American | 201 | $59,162,000 | $294,000 | $784,000 | $85,000 | $252,000 |
| Not Provided | 153 | $46,716,000 | $305,000 | $794,000 | $135,000 | $782,000 |
| Hispanic | 96 | $29,650,000 | $170,000 | $674,000 | $99,500 | $359,000 |
| Asian | 60 | $16,554,000 | $275,000 | $648,000 | $121,000 | $637,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $833,000 | $166,000 | $488,000 | $97,000 | $167,000 |
| American Indian or Alaskan Native | 3 | $774,000 | $258,000 | $499,000 | $107,000 | $119,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,356 | $358,528,000 | $146,500 | $1,304,000 | $99,500 | $2,772,000 |
| 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 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Purchased By The Institution | 631 | $156,330,000 | $247,000 | $800,000 | $0 | $0 |
| Application Approved But Not Accepted | 217 | $56,856,000 | $146,000 | $674,000 | $98,000 | $296,000 |
| Loan Originated | 195 | $49,855,000 | $255,000 | $660,000 | $140,000 | $2,772,000 |
| Application Withdrawn By Applicant | 189 | $60,777,000 | $321,000 | $1,304,000 | $120,000 | $646,000 |
| Application Denied By Financial Institution | 124 | $34,710,000 | $279,000 | $836,000 | $126,000 | $720,000 |
| File Closed For Incompleteness | 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 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Cit Group/Consumer Finance's 2005 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess The Cit Group/Consumer Finance's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in New Jersey, download the full spreadsheet
with aggregated HMDA statistics today.