Toyota Financial Savings Bank Mortgage Lending & HMDA Data, 2016

In 2016, Toyota Financial Savings Bank of Henderson, NV reported 309 mortgage applications totaling $234.7 million, up 16% from 2015. The average application was for $759,521, and applicants reported an average income of $856,148. 53% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Las Vegas-Henderson-Paradise, NV (36), Anaheim-Santa Ana-Irvine, CA (19) and San Diego-Carlsbad, CA (15) (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 309
Total Mortgage Loan Application Amount $234,692,000
Average Mortgage Loan Application Amount $759,521
Highest Mortgage Loan Application Amount $6,017,000
Average Applicant Income $856,148
Highest Applicant Income $9,942,000

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records Toyota Financial Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2016

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Clark, Nevada 36 $ 6,818,000 $ 189,388 $ 90,000
Orange, California 19 $ 17,242,000 $ 907,473 $ 873,000
San Diego, California 15 $ 13,748,000 $ 916,533 $ 841,000
Los Angeles, California 13 $ 21,334,000 $ 1,641,076 $ 2,062,000
Maricopa, Arizona 6 $ 2,157,000 $ 359,500 $ 461,000
Palm Beach, Florida 6 $ 10,836,000 $ 1,806,000 $ 1,338,000
Cook, Illinois 6 $ 2,281,000 $ 380,166 $ 2,752,000
Santa Barbara, California 4 $ 7,238,000 $ 1,809,500 $ 3,265,000
New Haven, Connecticut 4 $ 1,301,000 $ 325,250 $ 283,000
District of Columbia, District Of Columbia 4 $ 6,376,000 $ 1,594,000 $ 2,895,000
Calhoun, Michigan 4 $ 1,230,000 $ 307,500 $ 597,000
Bergen, New Jersey 4 $ 1,813,000 $ 453,250 $ 303,000
El Dorado, California 3 $ 1,345,000 $ 448,333 $ 299,000
Placer, California 3 $ 558,000 $ 186,000 $ 173,000
Riverside, California 3 $ 2,460,000 $ 820,000 $ 1,734,000
Sacramento, California 3 $ 1,974,000 $ 658,000 $ 611,000
Ventura, California 3 $ 8,453,000 $ 2,817,666 $ 1,102,000
Sedgwick, Kansas 3 $ 318,000 $ 106,000 $ 275,000
Chester, Pennsylvania 3 $ 1,795,000 $ 598,333 $ 809,000
Williamson, Tennessee 3 $ 1,336,000 $ 445,333 $ 822,000
King, Washington 3 $ 2,794,000 $ 931,333 $ 385,000
Snohomish, Washington 3 $ 1,319,000 $ 439,666 $ 1,112,000
Imperial, California 2 $ 450,000 $ 225,000 $ 1,575,000
San Bernardino, California 2 $ 2,496,000 $ 1,248,000 $ 880,000
Santa Clara, California 2 $ 4,910,000 $ 2,455,000 $ 1,046,000
Sutter, California 2 $ 469,000 $ 234,500 $ 94,000
Jefferson, Colorado 2 $ 425,000 $ 212,500 $ 612,000
Sarasota, Florida 2 $ 836,000 $ 418,000 $ 374,000
Ada, Idaho 2 $ 1,312,000 $ 656,000 $ 603,000
Lake, Illinois 2 $ 444,000 $ 222,000 $ 648,000
Claiborne, Louisiana 2 $ 186,000 $ 93,000 $ 237,000
St. Tammany, Louisiana 2 $ 1,117,000 $ 558,500 $ 646,000
Cumberland, Maine 2 $ 764,000 $ 382,000 $ 421,000
Baltimore, Maryland 2 $ 2,014,000 $ 1,007,000 $ 1,267,000
Howard, Maryland 2 $ 298,000 $ 149,000 $ 275,000
Norfolk, Massachusetts 2 $ 4,230,000 $ 2,115,000 $ 1,955,000
Cheboygan, Michigan 2 $ 544,000 $ 272,000 $ 120,000
Genesee, Michigan 2 $ 520,000 $ 260,000 $ 296,000
Hudson, New Jersey 2 $ 888,000 $ 444,000 $ 286,000
Morris, New Jersey 2 $ 1,802,000 $ 901,000 $ 2,205,000
Richmond, New York 2 $ 1,235,000 $ 617,500 $ 2,044,000
Trumbull, Ohio 2 $ 1,216,000 $ 608,000 $ 823,000
Marion, Oregon 2 $ 1,270,000 $ 635,000 $ 178,000
Georgetown, South Carolina 2 $ 1,440,000 $ 720,000 $ 4,743,000
Brazos, Texas 2 $ 2,160,000 $ 1,080,000 $ 692,000
Collin, Texas 2 $ 1,015,000 $ 507,500 $ 666,000
Fort Bend, Texas 2 $ 991,000 $ 495,500 $ 332,000
Salt Lake, Utah 2 $ 1,432,000 $ 716,000 $ 269,000
Washington, Utah 2 $ 1,115,000 $ 557,500 $ 327,000
Lewis, Washington 2 $ 480,000 $ 240,000 $ 426,000
Jefferson, Alabama 1 $ 168,000 $ 168,000 $ 278,000
Mobile, Alabama 1 $ 206,000 $ 206,000 $ 123,000
Coconino, Arizona 1 $ 300,000 $ 300,000 $ 653,000
Alameda, California 1 $ 490,000 $ 490,000 $ 185,000
Contra Costa, California 1 $ 710,000 $ 710,000 $ 514,000
Napa, California 1 $ 2,400,000 $ 2,400,000 $ 698,000
Nevada, California 1 $ 500,000 $ 500,000 $ 226,000
San Joaquin, California 1 $ 555,000 $ 555,000 $ 408,000
Sonoma, California 1 $ 1,004,000 $ 1,004,000 $ 409,000
Stanislaus, California 1 $ 277,000 $ 277,000 $ 4,800,000
Arapahoe, Colorado 1 $ 1,785,000 $ 1,785,000 $ 1,020,000
Denver, Colorado 1 $ 656,000 $ 656,000 $ 121,000
Douglas, Colorado 1 $ 231,000 $ 231,000 $ 988,000
El Paso, Colorado 1 $ 680,000 $ 680,000 $ 488,000
Montrose, Colorado 1 $ 172,000 $ 172,000 $ 133,000
Park, Colorado 1 $ 525,000 $ 525,000 $ 520,000
Duval, Florida 1 $ 1,000,000 $ 1,000,000 $ 900,000
Pinellas, Florida 1 $ 834,000 $ 834,000 $ 287,000
Walton, Florida 1 $ 760,000 $ 760,000 $ 2,387,000
Bibb, Georgia 1 $ 750,000 $ 750,000 $ 957,000
Hawaii, Hawaii 1 $ 1,340,000 $ 1,340,000 $ 671,000
Kootenai, Idaho 1 $ 600,000 $ 600,000 $ 661,000
Boone, Kentucky 1 $ 380,000 $ 380,000 $ 125,000
Orleans, Louisiana 1 $ 297,000 $ 297,000 $ 182,000
Anne Arundel, Maryland 1 $ 240,000 $ 240,000 $ 266,000
Montgomery, Maryland 1 $ 590,000 $ 590,000 $ 305,000
St. Mary's, Maryland 1 $ 338,000 $ 338,000 $ 2,338,000
Nantucket, Massachusetts 1 $ 1,052,000 $ 1,052,000 $ 1,259,000
Charlevoix, Michigan 1 $ 165,000 $ 165,000 $ 300,000
Emmet, Michigan 1 $ 160,000 $ 160,000 $ 300,000
Leelanau, Michigan 1 $ 360,000 $ 360,000 $ 150,000
Oakland, Michigan 1 $ 1,200,000 $ 1,200,000 $ 486,000
Madison, Montana 1 $ 3,000,000 $ 3,000,000 $ 999,000
Hillsborough, New Hampshire 1 $ 880,000 $ 880,000 $ 317,000
Strafford, New Hampshire 1 $ 376,000 $ 376,000 $ 737,000
Camden, New Jersey 1 $ 292,000 $ 292,000 $ 187,000
Cape May, New Jersey 1 $ 750,000 $ 750,000 $ 924,000
Ocean, New Jersey 1 $ 580,000 $ 580,000 $ 665,000
Union, New Jersey 1 $ 260,000 $ 260,000 $ 107,000
New York, New York 1 $ 1,450,000 $ 1,450,000 $ 600,000
Orange, New York 1 $ 472,000 $ 472,000 $ 901,000
Westchester, New York 1 $ 350,000 $ 350,000 $ 230,000
Alleghany, North Carolina 1 $ 292,000 $ 292,000 $ 936,000
Dare, North Carolina 1 $ 744,000 $ 744,000 $ 289,000
Lorain, Ohio 1 $ 1,290,000 $ 1,290,000 $ 431,000
Clatsop, Oregon 1 $ 700,000 $ 700,000 $ 766,000
Josephine, Oregon 1 $ 161,000 $ 161,000 $ 759,000
Multnomah, Oregon 1 $ 920,000 $ 920,000 $ 1,347,000
Berks, Pennsylvania 1 $ 218,000 $ 218,000 $ 1,417,000
Montgomery, Pennsylvania 1 $ 562,000 $ 562,000 $ 1,259,000
Lexington, South Carolina 1 $ 1,540,000 $ 1,540,000 $ 4,708,000
Knox, Tennessee 1 $ 1,400,000 $ 1,400,000 $ 714,000
Dallas, Texas 1 $ 2,356,000 $ 2,356,000 $ 3,152,000
Erath, Texas 1 $ 550,000 $ 550,000 $ 465,000
Hays, Texas 1 $ 552,000 $ 552,000 $ 297,000
Llano, Texas 1 $ 1,365,000 $ 1,365,000 $ 496,000
Utah, Utah 1 $ 116,000 $ 116,000 $ 302,000
Chesterfield, Virginia 1 $ 676,000 $ 676,000 $ 2,760,000
Gloucester, Virginia 1 $ 875,000 $ 875,000 $ 1,800,000
Harrisonburg, Virginia 1 $ 173,000 $ 173,000 $ 136,000
Rockingham, Virginia 1 $ 352,000 $ 352,000 $ 144,000
Virginia Beach, Virginia 1 $ 350,000 $ 350,000 $ 1,953,000
York, Virginia 1 $ 430,000 $ 430,000 $ 178,000
Clark, Washington 1 $ 250,000 $ 250,000 $ 641,000
Franklin, Washington 1 $ 261,000 $ 261,000 $ 78,000
Pierce, Washington 1 $ 786,000 $ 786,000 $ 1,097,000
Rock, Wisconsin 1 $ 172,000 $ 172,000 $ 56,000

Mortgage Loan Application Detail Totals for Toyota Financial Savings Bank in 2016

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 156 $130,295,000 $835,000 $6,017,000 $899,000 $9,942,000
Refinancing 145 $102,946,000 $709,000 $4,091,000 $842,000 $7,396,000
Home Improvement 8 $1,451,000 $181,000 $560,000 $277,000 $475,000

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 255 $212,517,000 $833,000 $6,017,000 $927,000 $9,942,000
Not Provided 23 $8,197,000 $356,000 $797,000 $504,000 $4,800,000
Asian 16 $6,665,000 $416,000 $1,800,000 $272,000 $952,000
Hispanic 10 $3,407,000 $340,000 $1,100,000 $990,000 $7,396,000
Black or African American 3 $3,459,000 $1,153,000 $3,110,000 $574,000 $1,657,000
Native Hawaiin or Other Pacific Islander 2 $447,000 $223,000 $300,000 $252,000 $480,000
Not applicable 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) 309 $234,692,000 $759,000 $6,017,000 $856,000 $9,942,000
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 165 $128,389,000 $778,000 $6,017,000 $946,000 $9,942,000
Application Approved But Not Accepted 44 $38,309,000 $870,000 $6,017,000 $1,331,000 $9,935,000
Loan Purchased By The Institution 34 $5,374,000 $158,000 $262,000 $60,000 $247,000
Preapproval Approved but not Accepted 29 $31,331,000 $1,080,000 $3,600,000 $674,000 $3,000,000
Application Denied By Financial Institution 17 $15,033,000 $884,000 $4,000,000 $933,000 $4,800,000
Application Withdrawn By Applicant 16 $13,431,000 $839,000 $3,000,000 $685,000 $1,992,000
File Closed For Incompleteness 2 $2,275,000 $1,137,000 $1,800,000 $623,000 $952,000
Preapproval Denied by Financial Institution 2 $550,000 $275,000 $300,000 $125,000 $171,000

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 10 $10,991,000 $1,099,000 $4,000,000 $1,025,000 $4,800,000
Credit History 8 $4,312,000 $539,000 $1,470,000 $689,000 $3,010,000
Credit Application Incomplete 1 $280,000 $280,000 $280,000 $356,000 $356,000
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 Toyota Financial Savings Bank's 2016 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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