Toyota Financial Savings Bank Mortgage Lending & HMDA Data, 2013

In 2013, Toyota Financial Savings Bank of Henderson, NV reported 425 mortgage applications totaling $361.8 million, down 1% from 2012. The average application was for $851,211, and applicants reported an average income of $907,167. 64% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Las Vegas-Paradise, NV (30), Santa Ana-Anaheim-Irvine, CA (19) and San Diego-Carlsbad-San Marcos, CA (18) (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 425
Total Mortgage Loan Application Amount $361,765,000
Average Mortgage Loan Application Amount $851,211
Highest Mortgage Loan Application Amount $7,500,000
Average Applicant Income $907,167
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records Toyota Financial Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2013

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Las Vegas-Paradise, NV 30 $ 5,671,000 $ 189,033 $ 165,000
Santa Ana-Anaheim-Irvine, CA 19 $ 31,600,000 $ 1,663,157 $ 1,495,000
San Diego-Carlsbad-San Marcos, CA 18 $ 24,949,000 $ 1,386,055 $ 1,050,000
Los Angeles-Long Beach-Glendale, CA 16 $ 25,992,000 $ 1,624,500 $ 786,000
New York-White Plains-Wayne, NY-NJ 14 $ 11,270,000 $ 805,000 $ 615,714
Riverside-San Bernardino-Ontario, CA 13 $ 14,125,000 $ 1,086,538 $ 1,651,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 13 $ 15,178,000 $ 1,167,538 $ 1,512,461
Philadelphia, PA 12 $ 5,037,000 $ 419,750 $ 366,000
Phoenix-Mesa-Glendale, AZ 11 $ 7,120,000 $ 647,272 $ 874,000
San Francisco-San Mateo-Redwood City, CA 11 $ 20,687,000 $ 1,880,636 $ 928,000
Naples-Marco Island, FL 9 $ 10,132,000 $ 1,125,777 $ 1,719,000
Bethesda-Rockville-Frederick, MD 6 $ 6,229,000 $ 1,038,166 $ 740,000
Dallas-Plano-Irving, TX 6 $ 3,606,000 $ 601,000 $ 413,000
Houston-Sugar Land-Baytown, TX 6 $ 2,316,000 $ 386,000 $ 366,000
Sacramento--Arden-Arcade--Roseville, CA 6 $ 4,483,000 $ 747,166 $ 1,081,000
Seattle-Bellevue-Everett, WA 6 $ 5,290,000 $ 881,666 $ 3,768,000
Stockton, CA 6 $ 1,055,000 $ 175,833 $ 950,000
Baltimore-Towson, MD 5 $ 2,440,000 $ 488,000 $ 413,000
Boise City-Nampa, ID 5 $ 3,147,000 $ 629,400 $ 250,000
Denver-Aurora-Broomfield, CO 5 $ 2,182,000 $ 436,400 $ 349,000
Oxnard-Thousand Oaks-Ventura, CA 5 $ 1,205,000 $ 241,000 $ 479,000
Portland-Vancouver-Hillsboro, OR-WA 5 $ 6,246,000 $ 1,249,200 $ 1,300,400
Atlanta-Sandy Springs-Marietta, GA 4 $ 1,268,000 $ 317,000 $ 185,000
Edison-New Brunswick, NJ 4 $ 1,728,000 $ 432,000 $ 534,000
Lake Havasu City-Kingman, AZ 4 $ 1,660,000 $ 415,000 $ 541,000
Austin-Round Rock-San Marcos, TX 3 $ 2,392,000 $ 797,333 $ 885,000
Bridgeport-Stamford-Norwalk, CT 3 $ 939,000 $ 313,000 $ 254,000
Chicago-Joliet-Naperville, IL 3 $ 3,427,000 $ 1,142,333 $ 1,471,000
Cleveland-Elyria-Mentor, OH 3 $ 1,550,000 $ 516,666 $ 112,000
Fort Worth-Arlington, TX 3 $ 3,122,000 $ 1,040,666 $ 672,000
Montgomery, AL 3 $ 1,079,000 $ 359,666 $ 489,000
Nashville-Davidson--Murfreesboro--Franklin, TN 3 $ 924,000 $ 308,000 $ 96,000
Oakland-Fremont-Hayward, CA 3 $ 3,863,000 $ 1,287,666 $ 1,111,000
San Jose-Sunnyvale-Santa Clara, CA 3 $ 6,128,000 $ 2,042,666 $ 947,000
San Luis Obispo-Paso Robles, CA 3 $ 1,570,000 $ 523,333 $ 976,000
Santa Barbara-Santa Maria-Goleta, CA 3 $ 3,556,000 $ 1,185,333 $ 975,000
St. George, UT 3 $ 3,090,000 $ 1,030,000 $ 411,000
Tampa-St. Petersburg-Clearwater, FL 3 $ 897,000 $ 299,000 $ 448,000
Vallejo-Fairfield, CA 3 $ 4,330,000 $ 1,443,333 $ 740,000
Youngstown-Warren-Boardman, OH-PA 3 $ 1,053,000 $ 351,000 $ 145,000
Battle Creek, MI 2 $ 1,250,000 $ 625,000 $ 588,000
Bend, OR 2 $ 885,000 $ 442,500 $ 1,255,000
Blacksburg-Christiansburg-Radford, VA 2 $ 400,000 $ 200,000 $ 76,000
Boston-Quincy, MA 2 $ 1,515,000 $ 757,500 $ 463,000
Colorado Springs, CO 2 $ 1,168,000 $ 584,000 $ 962,000
Durham-Chapel Hill, NC 2 $ 291,000 $ 145,500 $ 152,000
Eugene-Springfield, OR 2 $ 994,000 $ 497,000 $ 532,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2 $ 1,270,000 $ 635,000 $ 4,098,000
Fort Smith, AR-OK 2 $ 316,000 $ 158,000 $ 1,793,000
Fort Wayne, IN 2 $ 1,817,000 $ 908,500 $ 511,000
Fresno, CA 2 $ 384,000 $ 192,000 $ 525,000
Knoxville, TN 2 $ 395,000 $ 197,500 $ 577,000
Little Rock-North Little Rock-Conway, AR 2 $ 1,974,000 $ 987,000 $ 1,107,000
Nassau-Suffolk, NY 2 $ 5,660,000 $ 2,830,000 $ 5,797,000
Newark-Union, NJ-PA 2 $ 1,259,000 $ 629,500 $ 856,500
North Port-Bradenton-Sarasota, FL 2 $ 949,000 $ 474,500 $ 635,000
Oklahoma City, OK 2 $ 874,000 $ 437,000 $ 274,000
Raleigh-Cary, NC 2 $ 7,330,000 $ 3,665,000 $ 1,808,000
Richmond, VA 2 $ 4,260,000 $ 2,130,000 $ 997,000
Rockingham County-Strafford County, NH 2 $ 434,000 $ 217,000 $ 76,000
Salinas, CA 2 $ 4,500,000 $ 2,250,000 $ 1,643,000
San Antonio-New Braunfels, TX 2 $ 3,104,000 $ 1,552,000 $ 828,000
Santa Cruz-Watsonville, CA 2 $ 2,171,000 $ 1,085,500 $ 1,329,000
Tucson, AZ 2 $ 1,117,000 $ 558,500 $ 459,000
Visalia-Porterville, CA 2 $ 1,202,000 $ 601,000 $ 236,000
Akron, OH 1 $ 1,077,000 $ 1,077,000 $ 1,075,000
Buffalo-Niagara Falls, NY 1 $ 417,000 $ 417,000 $ 990,000
Burlington-South Burlington, VT 1 $ 548,000 $ 548,000 $ 153,000
Cambridge-Newton-Framingham, MA 1 $ 675,000 $ 675,000 $ 712,000
Cape Coral-Fort Myers, FL 1 $ 234,000 $ 234,000 $ 238,000
Charleston-North Charleston-Summerville, SC 1 $ 2,250,000 $ 2,250,000 $ 2,300,000
College Station-Bryan, TX 1 $ 1,200,000 $ 1,200,000 $ 999,000
Flint, MI 1 $ 223,000 $ 223,000 $ 617,000
Fort Collins-Loveland, CO 1 $ 254,000 $ 254,000 $ 809,000
Gary, IN 1 $ 417,000 $ 417,000 $ 360,000
Hagerstown-Martinsburg, MD-WV 1 $ 975,000 $ 975,000 $ 1,800,000
Lake County-Kenosha County, IL-WI 1 $ 660,000 $ 660,000 $ 258,000
Lansing-East Lansing, MI 1 $ 136,000 $ 136,000 $ 262,000
Longview, WA 1 $ 180,000 $ 180,000 $ 374,000
Medford, OR 1 $ 680,000 $ 680,000 $ 1,341,000
Miami-Miami Beach-Kendall, FL 1 $ 460,000 $ 460,000 $ 1,969,000
Mobile, AL 1 $ 209,000 $ 209,000 $ 63,000
Modesto, CA 1 $ 448,000 $ 448,000 $ 202,000
Muncie, IN 1 $ 268,000 $ 268,000 $ 128,000
Myrtle Beach-North Myrtle Beach-Conway, SC 1 $ 540,000 $ 540,000 $ 1,793,000
Niles-Benton Harbor, MI 1 $ 340,000 $ 340,000 $ 223,000
Ocean City, NJ 1 $ 1,500,000 $ 1,500,000 $ 1,193,000
Poughkeepsie-Newburgh-Middletown, NY 1 $ 400,000 $ 400,000 $ 466,000
Prescott, AZ 1 $ 2,950,000 $ 2,950,000 $ 2,399,000
Providence-New Bedford-Fall River, RI-MA 1 $ 226,000 $ 226,000 $ 109,000
Rochester, NY 1 $ 640,000 $ 640,000 $ 317,000
Salt Lake City, UT 1 $ 1,700,000 $ 1,700,000 $ 3,196,000
St. Louis, MO-IL 1 $ 480,000 $ 480,000 $ 168,000
Virginia Beach-Norfolk-Newport News, VA-NC 1 $ 379,000 $ 379,000 $ 341,000
Wenatchee-East Wenatchee, WA 1 $ 718,000 $ 718,000 $ 233,000
Wichita, KS 1 $ 40,000 $ 40,000 $ 120,000
Wilmington, DE-MD-NJ 1 $ 2,456,000 $ 2,456,000 $ 2,809,000
Yuba City, CA 1 $ 297,000 $ 297,000 $ 480,000

Mortgage Loan Application Detail Totals for Toyota Financial Savings Bank in 2013

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
Refinancing 266 $238,938,000 $898,000 $7,500,000 $980,000 $9,999,000
Home Purchase 154 $115,305,000 $748,000 $2,800,000 $749,000 $9,999,000
Home Improvement 5 $7,522,000 $1,504,000 $5,514,000 $1,904,000 $7,914,000

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 323 $292,609,000 $905,000 $7,500,000 $982,000 $9,999,000
Not Provided 68 $48,238,000 $709,000 $3,549,000 $756,000 $5,934,000
Asian 16 $8,019,000 $501,000 $2,210,000 $354,000 $889,000
Hispanic 9 $3,322,000 $369,000 $750,000 $242,000 $711,000
Black or African American 8 $7,977,000 $997,000 $3,060,000 $870,000 $2,410,000
Native Hawaiian or Other Pacific Islander 1 $1,600,000 $1,600,000 $1,600,000 $2,000,000 $2,000,000
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) 425 $361,765,000 $851,000 $7,500,000 $907,000 $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 271 $230,276,000 $849,000 $5,514,000 $980,000 $9,999,000
Application Denied By Financial Institution 45 $41,461,000 $921,000 $3,060,000 $761,000 $9,999,000
Application Approved But Not Accepted 42 $53,676,000 $1,278,000 $7,500,000 $1,465,000 $9,999,000
Loan Purchased By The Institution 26 $2,994,000 $115,000 $219,000 $35,000 $59,000
Preapproval Approved but not Accepted 21 $13,517,000 $643,000 $2,500,000 $509,000 $1,800,000
Application Withdrawn By Applicant 11 $11,341,000 $1,031,000 $2,400,000 $666,000 $1,806,000
Preapproval Denied by Financial Institution 6 $3,348,000 $558,000 $1,100,000 $228,000 $360,000
File Closed For Incompleteness 3 $5,152,000 $1,717,000 $4,480,000 $1,266,000 $1,916,000

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 28 $25,017,000 $893,000 $3,060,000 $928,000 $9,999,000
Credit History 13 $13,468,000 $1,036,000 $2,400,000 $512,000 $2,000,000
Debt-To-Income Ratio 6 $3,598,000 $599,000 $1,280,000 $152,000 $278,000
Credit Application Incomplete 3 $2,100,000 $700,000 $1,100,000 $444,000 $806,000
Other 1 $626,000 $626,000 $626,000 $738,000 $738,000
Unverifiable Information 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 2013 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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