Toyota Financial Savings Bank Mortgage Lending & HMDA Data, 2007

In 2007, Toyota Financial Savings Bank of Henderson, NV reported 238 mortgage applications totaling $167.9 million, up 143% from 2006. The average application was for $705,273, and applicants reported an average income of $942,949. 79% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (13), Riverside-San Bernardino-Ontario, CA (8) and Santa Ana-Anaheim-Irvine, CA (8) (applications in parentheses).

Mortgage Company & Address Toyota Financial Savings Bank
2485 Village View Drive, Suite 200
Henderson, NV 89074
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 238
Total Mortgage Loan Application Amount $167,855,000
Average Mortgage Loan Application Amount $705,273
Highest Mortgage Loan Application Amount $10,000,000
Average Applicant Income $942,949
Highest Applicant Income $9,999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Toyota Financial Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Toyota Financial Savings Bank by County in 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 13 $ 11,171,000 $ 859,307 $ 888,000
Orange, California 8 $ 11,554,000 $ 1,444,250 $ 1,958,000
Riverside, California 7 $ 7,454,000 $ 1,064,857 $ 3,005,000
Clark, Nevada 6 $ 3,841,000 $ 640,166 $ 411,000
Maricopa, Arizona 5 $ 6,195,000 $ 1,239,000 $ 911,000
Sumner, Tennessee 5 $ 846,000 $ 169,200 $ 118,000
Brevard, Florida 4 $ 544,000 $ 136,000 $ 207,000
Monmouth, New Jersey 4 $ 2,670,000 $ 667,500 $ 653,000
Lane, Oregon 4 $ 1,792,000 $ 448,000 $ 459,000
Washington, Texas 4 $ 812,000 $ 203,000 $ 237,000
Madison, Alabama 3 $ 1,410,000 $ 470,000 $ 291,000
Pima, Arizona 3 $ 1,214,000 $ 404,666 $ 1,233,000
Contra Costa, California 3 $ 2,389,000 $ 796,333 $ 407,000
Sacramento, California 3 $ 1,170,000 $ 390,000 $ 1,568,000
San Diego, California 3 $ 1,030,000 $ 343,333 $ 593,000
Ventura, California 3 $ 1,372,000 $ 457,333 $ 1,256,000
Lake, Illinois 3 $ 2,318,000 $ 772,666 $ 798,000
Bristol, Massachusetts 3 $ 492,000 $ 164,000 $ 546,000
Burlington, New Jersey 3 $ 2,135,000 $ 711,666 $ 221,000
Chaves, New Mexico 3 $ 841,000 $ 280,333 $ 214,000
Dallas, Texas 3 $ 842,000 $ 280,666 $ 325,000
King, Washington 3 $ 4,285,000 $ 1,428,333 $ 1,869,000
Jefferson, Alabama 2 $ 1,100,000 $ 550,000 $ 333,000
Anchorage, Alaska 2 $ 1,025,000 $ 512,500 $ 258,000
Coconino, Arizona 2 $ 2,175,000 $ 1,087,500 $ 389,000
Sebastian, Arkansas 2 $ 144,000 $ 72,000 $ 1,938,000
Marin, California 2 $ 5,550,000 $ 2,775,000 $ 1,085,000
Boulder, Colorado 2 $ 830,000 $ 415,000 $ 639,000
Mesa, Colorado 2 $ 489,000 $ 244,500 $ 281,000
Pueblo, Colorado 2 $ 1,096,000 $ 548,000 $ 1,653,000
Miami-Dade, Florida 2 $ 1,228,000 $ 614,000 $ 902,000
Montgomery, Kansas 2 $ 448,000 $ 224,000 $ 228,000
Plymouth, Massachusetts 2 $ 1,635,000 $ 817,500 $ 847,000
Carson City, Nevada 2 $ 255,000 $ 127,500 $ 305,000
Lake, Ohio 2 $ 360,000 $ 180,000 $ 150,000
Oklahoma, Oklahoma 2 $ 481,000 $ 240,500 $ 233,000
Multnomah, Oregon 2 $ 670,000 $ 335,000 $ 345,000
Washington, Oregon 2 $ 338,000 $ 169,000 $ 3,133,000
Williamson, Tennessee 2 $ 295,000 $ 147,500 $ 150,000
Collin, Texas 2 $ 1,457,000 $ 728,500 $ 749,000
McCulloch, Texas 2 $ 1,315,000 $ 657,500 $ 607,000
Montgomery, Texas 2 $ 425,000 $ 212,500 $ 372,000
Bennington, Vermont 2 $ 590,000 $ 295,000 $ 180,000
Chesapeake, Virginia 2 $ 1,000,000 $ 500,000 $ 288,000
Fairfax, Virginia 2 $ 1,600,000 $ 800,000 $ 1,224,000
Virginia Beach, Virginia 2 $ 4,743,000 $ 2,371,500 $ 4,987,000
Elmore, Alabama 1 $ 160,000 $ 160,000 $ 600,000
Montgomery, Alabama 1 $ 435,000 $ 435,000 $ 372,000
Navajo, Arizona 1 $ 875,000 $ 875,000 $ 623,000
Yavapai, Arizona 1 $ 188,000 $ 188,000 $ 52,000
Pulaski, Arkansas 1 $ 510,000 $ 510,000 $ 492,000
Calaveras, California 1 $ 290,000 $ 290,000 $ 335,000
Fresno, California 1 $ 325,000 $ 325,000 $ 553,000
Humboldt, California 1 $ 88,000 $ 88,000 $ 532,000
Mono, California 1 $ 1,000,000 $ 1,000,000 $ 4,062,000
San Bernardino, California 1 $ 390,000 $ 390,000 $ 390,000
San Francisco, California 1 $ 6,175,000 $ 6,175,000 $ 9,999,000
San Joaquin, California 1 $ 760,000 $ 760,000 $ 582,000
Santa Clara, California 1 $ 540,000 $ 540,000 $ 2,091,000
Broomfield, Colorado 1 $ 410,000 $ 410,000 $ 612,000
El Paso, Colorado 1 $ 350,000 $ 350,000 $ 553,000
Summit, Colorado 1 $ 1,306,000 $ 1,306,000 $ 390,000
Weld, Colorado 1 $ 594,000 $ 594,000 $ 177,000
Fairfield, Connecticut 1 $ 2,697,000 $ 2,697,000 $ 1,716,000
Hartford, Connecticut 1 $ 450,000 $ 450,000 $ 3,769,000
New Haven, Connecticut 1 $ 440,000 $ 440,000 $ 1,171,000
Collier, Florida 1 $ 1,068,000 $ 1,068,000 $ 282,000
Indian River, Florida 1 $ 214,000 $ 214,000 $ 329,000
Pinellas, Florida 1 $ 382,000 $ 382,000 $ 177,000
Sarasota, Florida 1 $ 1,300,000 $ 1,300,000 $ 1,095,000
Columbia, Georgia 1 $ 848,000 $ 848,000 $ 315,000
Gwinnett, Georgia 1 $ 176,000 $ 176,000 $ 58,000
Cook, Illinois 1 $ 1,800,000 $ 1,800,000 $ 1,714,000
Williamson, Illinois 1 $ 190,000 $ 190,000 $ 163,000
Allen, Indiana 1 $ 620,000 $ 620,000 $ 178,000
Hamilton, Indiana 1 $ 45,000 $ 45,000 $ 86,000
Douglas, Kansas 1 $ 290,000 $ 290,000 $ 600,000
Ellis, Kansas 1 $ 222,000 $ 222,000 $ 99,000
Johnson, Kansas 1 $ 10,000,000 $ 10,000,000 $ 2,483,000
Spencer, Kentucky 1 $ 188,000 $ 188,000 $ 151,000
Calcasieu, Louisiana 1 $ 180,000 $ 180,000 $ 70,000
Lafayette, Louisiana 1 $ 225,000 $ 225,000 $ 215,000
St. Martin, Louisiana 1 $ 150,000 $ 150,000 $ 215,000
St. Tammany, Louisiana 1 $ 1,695,000 $ 1,695,000 $ 650,000
Hancock, Maine 1 $ 1,500,000 $ 1,500,000 $ 1,115,000
Harford, Maryland 1 $ 595,000 $ 595,000 $ 394,000
Barnstable, Massachusetts 1 $ 808,000 $ 808,000 $ 340,000
Dukes, Massachusetts 1 $ 463,000 $ 463,000 $ 1,171,000
Bay, Michigan 1 $ 1,150,000 $ 1,150,000 $ 507,000
Cheboygan, Michigan 1 $ 1,000,000 $ 1,000,000 $ 335,000
Oakland, Michigan 1 $ 299,000 $ 299,000 $ 386,000
Wayne, Michigan 1 $ 496,000 $ 496,000 $ 114,000
Flathead, Montana 1 $ 300,000 $ 300,000 $ 4,551,000
Gallatin, Montana 1 $ 174,000 $ 174,000 $ 319,000
Yellowstone, Montana 1 $ 504,000 $ 504,000 $ 1,456,000
Douglas, Nebraska 1 $ 459,000 $ 459,000 $ 240,000
Douglas, Nevada 1 $ 275,000 $ 275,000 $ 9,999,000
Coos, New Hampshire 1 $ 100,000 $ 100,000 $ 272,000
Rockingham, New Hampshire 1 $ 350,000 $ 350,000 $ 169,000
Strafford, New Hampshire 1 $ 252,000 $ 252,000 $ 144,000
Morris, New Jersey 1 $ 1,650,000 $ 1,650,000 $ 2,404,000
Somerset, New Jersey 1 $ 250,000 $ 250,000 $ 126,000
Bernalillo, New Mexico 1 $ 803,000 $ 803,000 $ 1,187,000
Monroe, New York 1 $ 664,000 $ 664,000 $ 417,000
Wake, North Carolina 1 $ 406,000 $ 406,000 $ 526,000
Lorain, Ohio 1 $ 300,000 $ 300,000 $ 219,000
Clackamas, Oregon 1 $ 987,000 $ 987,000 $ 893,000
Deschutes, Oregon 1 $ 881,000 $ 881,000 $ 2,432,000
Lincoln, Oregon 1 $ 280,000 $ 280,000 $ 346,000
Polk, Oregon 1 $ 1,935,000 $ 1,935,000 $ 1,579,000
Richland, South Carolina 1 $ 180,000 $ 180,000 $ 514,000
Shelby, Tennessee 1 $ 538,000 $ 538,000 $ 226,000
Washington, Tennessee 1 $ 215,000 $ 215,000 $ 32,000
Bexar, Texas 1 $ 603,000 $ 603,000 $ 480,000
Fayette, Texas 1 $ 1,145,000 $ 1,145,000 $ 1,361,000
Galveston, Texas 1 $ 536,000 $ 536,000 $ 808,000
Guadalupe, Texas 1 $ 600,000 $ 600,000 $ 3,299,000
Harris, Texas 1 $ 178,000 $ 178,000 $ 194,000
Hays, Texas 1 $ 100,000 $ 100,000 $ 354,000
Randall, Texas 1 $ 160,000 $ 160,000 $ 277,000
Tarrant, Texas 1 $ 850,000 $ 850,000 $ 820,000
Salt Lake, Utah 1 $ 465,000 $ 465,000 $ 175,000
Rutland, Vermont 1 $ 284,000 $ 284,000 $ 44,000
Accomack, Virginia 1 $ 161,000 $ 161,000 $ 129,000
Albemarle, Virginia 1 $ 1,000,000 $ 1,000,000 $ 1,115,000
Arlington, Virginia 1 $ 2,476,000 $ 2,476,000 $ 4,410,000
Hanover, Virginia 1 $ 619,000 $ 619,000 $ 123,000
James City, Virginia 1 $ 255,000 $ 255,000 $ 183,000
Nelson, Virginia 1 $ 135,000 $ 135,000 $ 218,000
Jefferson, Washington 1 $ 525,000 $ 525,000 $ 329,000
Spokane, Washington 1 $ 165,000 $ 165,000 $ 270,000

Mortgage Loan Application Detail Totals for Toyota Financial Savings Bank in 2007

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 129 $81,133,000 $628,000 $4,250,000 $877,000 $8,976,000
Refinancing 109 $86,722,000 $795,000 $10,000,000 $1,021,000 $9,999,000
Home Improvement 0 $0 $0 $0 $0 $0

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
White 115 $81,884,000 $712,000 $10,000,000 $806,000 $9,999,000
Not Provided 114 $79,820,000 $700,000 $6,175,000 $1,058,000 $9,999,000
Not applicable 3 $3,550,000 $1,183,000 $1,300,000 $3,052,000 $8,494,000
Hispanic 3 $1,000,000 $333,000 $603,000 $302,000 $480,000
Asian 2 $1,440,000 $720,000 $890,000 $403,000 $421,000
Black or African American 1 $161,000 $161,000 $161,000 $129,000 $129,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0

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) 238 $167,855,000 $705,000 $10,000,000 $943,000 $9,999,000
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 Originated 188 $124,570,000 $662,000 $6,175,000 $983,000 $9,999,000
Application Approved But Not Accepted 24 $19,433,000 $809,000 $2,248,000 $1,127,000 $8,976,000
Application Denied By Financial Institution 13 $14,810,000 $1,139,000 $10,000,000 $429,000 $2,483,000
Application Withdrawn By Applicant 6 $3,570,000 $595,000 $1,300,000 $67,000 $372,000
Preapproval Approved but not Accepted 6 $4,582,000 $763,000 $1,800,000 $1,029,000 $4,429,000
Preapproval Denied by Financial Institution 1 $890,000 $890,000 $890,000 $359,000 $359,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 9 $14,348,000 $1,594,000 $10,000,000 $530,000 $2,483,000
Debt-To-Income Ratio 3 $407,000 $135,000 $137,000 $144,000 $395,000
Other 2 $945,000 $472,000 $808,000 $367,000 $395,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Toyota Financial Savings Bank's 2007 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 Toyota Financial Savings Bank'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.
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