Toyota Financial Savings Bank Mortgage Lending & HMDA Data, 2008

In 2008, Toyota Financial Savings Bank of Henderson, NV reported 385 mortgage applications totaling $247.6 million, up 62% from 2007. The average application was for $643,057, and applicants reported an average income of $785,433. 61% of its applications resulted in an originated loan and 12% were denied. Its largest markets were Las Vegas-Paradise, NV (37), Los Angeles-Long Beach-Glendale, CA (16) and Riverside-San Bernardino-Ontario, CA (12) (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 385
Total Mortgage Loan Application Amount $247,577,000
Average Mortgage Loan Application Amount $643,057
Highest Mortgage Loan Application Amount $12,000,000
Average Applicant Income $785,433
Highest Applicant Income $9,741,000

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records Toyota Financial Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Clark, Nevada 37 $ 8,328,000 $ 225,081 $ 215,000
Los Angeles, California 16 $ 14,724,000 $ 920,250 $ 799,000
Riverside, California 9 $ 5,559,000 $ 617,666 $ 655,000
Orange, California 8 $ 5,724,000 $ 715,500 $ 446,000
Maricopa, Arizona 6 $ 1,734,000 $ 289,000 $ 331,000
Harris, Texas 6 $ 2,798,000 $ 466,333 $ 513,000
San Diego, California 5 $ 2,887,000 $ 577,400 $ 410,000
Baltimore City, Maryland 5 $ 5,480,000 $ 1,096,000 $ 902,000
Cameron, Texas 5 $ 1,376,000 $ 275,200 $ 234,000
Dallas, Texas 5 $ 2,436,000 $ 487,200 $ 302,000
King, Washington 5 $ 2,407,000 $ 481,400 $ 895,000
Marin, California 4 $ 3,391,000 $ 847,750 $ 701,000
Douglas, Colorado 4 $ 1,400,000 $ 350,000 $ 203,000
Collier, Florida 4 $ 1,990,000 $ 497,500 $ 588,000
Fairfax, Virginia 4 $ 3,237,000 $ 809,250 $ 286,000
Contra Costa, California 3 $ 2,958,000 $ 986,000 $ 352,000
Mono, California 3 $ 1,010,000 $ 336,666 $ 349,000
San Bernardino, California 3 $ 1,294,000 $ 431,333 $ 228,000
Boulder, Colorado 3 $ 621,000 $ 207,000 $ 785,000
Denver, Colorado 3 $ 1,780,000 $ 593,333 $ 1,133,000
Lee, Florida 3 $ 466,000 $ 155,333 $ 147,000
Fayette, Georgia 3 $ 907,000 $ 302,333 $ 582,000
Baltimore, Maryland 3 $ 1,921,000 $ 640,333 $ 716,000
Wayne, Michigan 3 $ 2,685,000 $ 895,000 $ 3,861,000
Tarrant, Texas 3 $ 1,525,000 $ 508,333 $ 512,000
Salt Lake, Utah 3 $ 1,401,000 $ 467,000 $ 919,000
Jefferson, Alabama 2 $ 937,000 $ 468,500 $ 286,000
Anchorage, Alaska 2 $ 309,000 $ 154,500 $ 499,000
Alameda, California 2 $ 767,000 $ 383,500 $ 2,249,000
El Dorado, California 2 $ 1,346,000 $ 673,000 $ 774,000
Inyo, California 2 $ 957,000 $ 478,500 $ 259,000
Monterey, California 2 $ 14,000,000 $ 7,000,000 $ 2,462,000
Placer, California 2 $ 1,580,000 $ 790,000 $ 3,973,000
Sacramento, California 2 $ 1,028,000 $ 514,000 $ 457,000
San Francisco, California 2 $ 820,000 $ 410,000 $ 934,000
San Mateo, California 2 $ 11,500,000 $ 5,750,000 $ 8,244,000
Santa Barbara, California 2 $ 1,024,000 $ 512,000 $ 6,742,000
Santa Clara, California 2 $ 3,430,000 $ 1,715,000 $ 631,000
Sarasota, Florida 2 $ 918,000 $ 459,000 $ 456,000
Lake, Illinois 2 $ 834,000 $ 417,000 $ 342,000
Scott, Iowa 2 $ 447,000 $ 223,500 $ 338,000
Sedgwick, Kansas 2 $ 193,000 $ 96,500 $ 1,318,000
Carroll, Maryland 2 $ 463,000 $ 231,500 $ 484,000
Berkshire, Massachusetts 2 $ 815,000 $ 407,500 $ 534,000
Middlesex, Massachusetts 2 $ 1,012,000 $ 506,000 $ 315,000
DeSoto, Mississippi 2 $ 235,000 $ 117,500 $ 223,000
St. Louis, Missouri 2 $ 375,000 $ 187,500 $ 115,000
Washoe, Nevada 2 $ 2,422,000 $ 1,211,000 $ 407,000
Cheshire, New Hampshire 2 $ 897,000 $ 448,500 $ 182,000
Rockingham, New Hampshire 2 $ 450,000 $ 225,000 $ 124,000
Hunterdon, New Jersey 2 $ 479,000 $ 239,500 $ 223,000
Ocean, New Jersey 2 $ 950,000 $ 475,000 $ 174,000
New York, New York 2 $ 3,257,000 $ 1,628,500 $ 2,538,000
Orange, New York 2 $ 1,079,000 $ 539,500 $ 504,000
Suffolk, New York 2 $ 2,967,000 $ 1,483,500 $ 1,778,000
Lake, Ohio 2 $ 415,000 $ 207,500 $ 173,000
Deschutes, Oregon 2 $ 690,000 $ 345,000 $ 504,000
Lackawanna, Pennsylvania 2 $ 775,000 $ 387,500 $ 280,000
Newport, Rhode Island 2 $ 2,008,000 $ 1,004,000 $ 519,000
Horry, South Carolina 2 $ 834,000 $ 417,000 $ 2,554,000
Lawrence, South Dakota 2 $ 340,000 $ 170,000 $ 5,415,000
Knox, Tennessee 2 $ 343,000 $ 171,500 $ 64,000
Washington, Tennessee 2 $ 533,000 $ 266,500 $ 762,000
Collin, Texas 2 $ 1,963,000 $ 981,500 $ 260,000
Fort Bend, Texas 2 $ 450,000 $ 225,000 $ 195,000
Galveston, Texas 2 $ 945,000 $ 472,500 $ 29,000
Davis, Utah 2 $ 1,025,000 $ 512,500 $ 1,042,000
Washington, Utah 2 $ 1,655,000 $ 827,500 $ 406,000
Montgomery, Virginia 2 $ 640,000 $ 320,000 $ 2,174,000
Brown, Wisconsin 2 $ 213,000 $ 106,500 $ 121,000
Green, Wisconsin 2 $ 383,000 $ 191,500 $ 243,000
Madison, Alabama 1 $ 380,000 $ 380,000 $ 2,152,000
Mobile, Alabama 1 $ 350,000 $ 350,000 $ 560,000
Yavapai, Arizona 1 $ 137,000 $ 137,000 $ 1,540,000
Fresno, California 1 $ 546,000 $ 546,000 $ 451,000
Kings, California 1 $ 383,000 $ 383,000 $ 116,000
Nevada, California 1 $ 169,000 $ 169,000 $ 1,457,000
San Luis Obispo, California 1 $ 730,000 $ 730,000 $ 451,000
Stanislaus, California 1 $ 730,000 $ 730,000 $ 4,116,000
Sutter, California 1 $ 318,000 $ 318,000 $ 623,000
Tulare, California 1 $ 501,000 $ 501,000 $ 371,000
El Paso, Colorado 1 $ 341,000 $ 341,000 $ 786,000
Gunnison, Colorado 1 $ 509,000 $ 509,000 $ 263,000
Larimer, Colorado 1 $ 341,000 $ 341,000 $ 852,000
Fairfield, Connecticut 1 $ 8,500,000 $ 8,500,000 $ 3,982,000
New London, Connecticut 1 $ 135,000 $ 135,000 $ 242,000
Charlotte, Florida 1 $ 228,000 $ 228,000 $ 642,000
Duval, Florida 1 $ 566,000 $ 566,000 $ 338,000
Palm Beach, Florida 1 $ 1,000,000 $ 1,000,000 $ 1,286,000
Pinellas, Florida 1 $ 450,000 $ 450,000 $ 496,000
Bibb, Georgia 1 $ 663,000 $ 663,000 $ 295,000
Cobb, Georgia 1 $ 224,000 $ 224,000 $ 287,000
Nez Perce, Idaho 1 $ 333,000 $ 333,000 $ 753,000
Cook, Illinois 1 $ 345,000 $ 345,000 $ 59,000
St. Joseph, Indiana 1 $ 1,200,000 $ 1,200,000 $ 470,000
Ellis, Kansas 1 $ 222,000 $ 222,000 $ 104,000
Finney, Kansas 1 $ 212,000 $ 212,000 $ 58,000
Ford, Kansas 1 $ 215,000 $ 215,000 $ 123,000
Johnson, Kansas 1 $ 648,000 $ 648,000 $ 373,000
Warren, Kentucky 1 $ 417,000 $ 417,000 $ 307,000
Rapides, Louisiana 1 $ 189,000 $ 189,000 $ 16,000
St. Tammany, Louisiana 1 $ 69,000 $ 69,000 $ 186,000
Anne Arundel, Maryland 1 $ 520,000 $ 520,000 $ 102,000
Bristol, Massachusetts 1 $ 243,000 $ 243,000 $ 518,000
Hampden, Massachusetts 1 $ 251,000 $ 251,000 $ 103,000
Norfolk, Massachusetts 1 $ 670,000 $ 670,000 $ 210,000
Genesee, Michigan 1 $ 340,000 $ 340,000 $ 220,000
Lauderdale, Mississippi 1 $ 417,000 $ 417,000 $ 0
Gallatin, Montana 1 $ 218,000 $ 218,000 $ 1,600,000
Carson City, Nevada 1 $ 140,000 $ 140,000 $ 285,000
Coos, New Hampshire 1 $ 160,000 $ 160,000 $ 271,000
Bergen, New Jersey 1 $ 574,000 $ 574,000 $ 465,000
Cape May, New Jersey 1 $ 913,000 $ 913,000 $ 63,000
Monmouth, New Jersey 1 $ 1,888,000 $ 1,888,000 $ 2,620,000
Somerset, New Jersey 1 $ 420,000 $ 420,000 $ 1,215,000
Eddy, New Mexico 1 $ 120,000 $ 120,000 $ 1,840,000
Albany, New York 1 $ 227,000 $ 227,000 $ 310,000
Richmond, New York 1 $ 730,000 $ 730,000 $ 323,000
Currituck, North Carolina 1 $ 730,000 $ 730,000 $ 599,000
Marion, Ohio 1 $ 215,000 $ 215,000 $ 0
Pickaway, Ohio 1 $ 317,000 $ 317,000 $ 280,000
Portage, Ohio 1 $ 1,161,000 $ 1,161,000 $ 1,582,000
Cleveland, Oklahoma 1 $ 300,000 $ 300,000 $ 197,000
Jackson, Oklahoma 1 $ 369,000 $ 369,000 $ 202,000
Clackamas, Oregon 1 $ 1,793,000 $ 1,793,000 $ 1,432,000
Clatsop, Oregon 1 $ 1,000,000 $ 1,000,000 $ 298,000
Lane, Oregon 1 $ 417,000 $ 417,000 $ 468,000
Bucks, Pennsylvania 1 $ 1,600,000 $ 1,600,000 $ 1,268,000
Chester, Pennsylvania 1 $ 253,000 $ 253,000 $ 341,000
Lawrence, Pennsylvania 1 $ 282,000 $ 282,000 $ 212,000
Montgomery, Pennsylvania 1 $ 645,000 $ 645,000 $ 301,000
Washington, Rhode Island 1 $ 489,000 $ 489,000 $ 1,100,000
Minnehaha, South Dakota 1 $ 586,000 $ 586,000 $ 255,000
Hamblen, Tennessee 1 $ 251,000 $ 251,000 $ 101,000
Jefferson, Tennessee 1 $ 271,000 $ 271,000 $ 720,000
Montgomery, Tennessee 1 $ 246,000 $ 246,000 $ 151,000
Sumner, Tennessee 1 $ 385,000 $ 385,000 $ 409,000
Garza, Texas 1 $ 637,000 $ 637,000 $ 2,781,000
Hidalgo, Texas 1 $ 84,000 $ 84,000 $ 89,000
Navarro, Texas 1 $ 314,000 $ 314,000 $ 257,000
Potter, Texas 1 $ 190,000 $ 190,000 $ 323,000
Randall, Texas 1 $ 122,000 $ 122,000 $ 323,000
Rockwall, Texas 1 $ 900,000 $ 900,000 $ 5,017,000
Waller, Texas 1 $ 193,000 $ 193,000 $ 128,000
Washington, Texas 1 $ 42,000 $ 42,000 $ 159,000
Cache, Utah 1 $ 250,000 $ 250,000 $ 109,000
Summit, Utah 1 $ 5,000,000 $ 5,000,000 $ 8,365,000
Utah, Utah 1 $ 400,000 $ 400,000 $ 4,068,000
Weber, Utah 1 $ 188,000 $ 188,000 $ 116,000
Bennington, Vermont 1 $ 400,000 $ 400,000 $ 180,000
Arlington, Virginia 1 $ 405,000 $ 405,000 $ 64,000
Caroline, Virginia 1 $ 4,000,000 $ 4,000,000 $ 2,998,000
Chesterfield, Virginia 1 $ 1,100,000 $ 1,100,000 $ 617,000
Culpeper, Virginia 1 $ 388,000 $ 388,000 $ 238,000
Henrico, Virginia 1 $ 730,000 $ 730,000 $ 613,000
Virginia Beach, Virginia 1 $ 445,000 $ 445,000 $ 99,000
Benton, Washington 1 $ 150,000 $ 150,000 $ 177,000
Cowlitz, Washington 1 $ 1,016,000 $ 1,016,000 $ 327,000
Grant, Washington 1 $ 350,000 $ 350,000 $ 135,000
Jefferson, Washington 1 $ 554,000 $ 554,000 $ 458,000
Pierce, Washington 1 $ 594,000 $ 594,000 $ 459,000
Snohomish, Washington 1 $ 211,000 $ 211,000 $ 230,000
Whatcom, Washington 1 $ 594,000 $ 594,000 $ 280,000
Oneida, Wisconsin 1 $ 490,000 $ 490,000 $ 766,000
Vilas, Wisconsin 1 $ 760,000 $ 760,000 $ 152,000
Fremont, Wyoming 1 $ 421,000 $ 421,000 $ 301,000

Mortgage Loan Application Detail Totals for Toyota Financial Savings Bank in 2008

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 194 $116,550,000 $600,000 $5,500,000 $856,000 $9,741,000
Refinancing 189 $130,292,000 $689,000 $12,000,000 $718,000 $9,330,000
Home Improvement 2 $735,000 $367,000 $600,000 $313,000 $385,000

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
White 183 $125,400,000 $685,000 $8,500,000 $714,000 $9,330,000
Not Provided 175 $100,909,000 $576,000 $5,000,000 $876,000 $9,741,000
Hispanic 14 $3,390,000 $242,000 $730,000 $149,000 $820,000
Black or African American 6 $16,423,000 $2,737,000 $12,000,000 $2,595,000 $4,116,000
Asian 5 $1,017,000 $203,000 $310,000 $137,000 $386,000
American Indian or Alaskan Native 2 $438,000 $219,000 $300,000 $118,000 $197,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 364 $244,392,000 $671,000 $12,000,000 $829,000 $9,741,000
FHA-insured (Federal Housing Administration) 21 $3,185,000 $151,000 $224,000 $40,000 $76,000
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 234 $155,527,000 $664,000 $12,000,000 $912,000 $9,741,000
Application Denied By Financial Institution 48 $21,657,000 $451,000 $1,500,000 $427,000 $2,563,000
Preapproval Approved but not Accepted 33 $33,048,000 $1,001,000 $5,000,000 $549,000 $2,180,000
Application Approved But Not Accepted 30 $22,980,000 $766,000 $6,000,000 $862,000 $9,330,000
Loan Purchased By The Institution 21 $3,185,000 $151,000 $224,000 $40,000 $76,000
Application Withdrawn By Applicant 12 $7,900,000 $658,000 $1,798,000 $327,000 $578,000
Preapproval Denied by Financial Institution 6 $2,962,000 $493,000 $800,000 $3,304,000 $9,741,000
File Closed For Incompleteness 1 $318,000 $318,000 $318,000 $118,000 $118,000

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 24 $7,829,000 $326,000 $730,000 $533,000 $2,563,000
Debt-To-Income Ratio 12 $7,871,000 $655,000 $1,500,000 $275,000 $547,000
Credit History 9 $5,554,000 $617,000 $1,500,000 $2,479,000 $9,741,000
Other 4 $1,530,000 $382,000 $550,000 $240,000 $406,000
Unverifiable Information 3 $1,090,000 $363,000 $800,000 $242,000 $728,000
Credit Application Incomplete 1 $345,000 $345,000 $345,000 $59,000 $59,000
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 2008 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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