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records Toyota Financial Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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-Henderson-Paradise, NV 36 $ 6,818,000 $ 189,388 $ 90,000
Anaheim-Santa Ana-Irvine, CA 19 $ 17,242,000 $ 907,473 $ 873,000
San Diego-Carlsbad, CA 15 $ 13,748,000 $ 916,533 $ 841,000
Los Angeles-Long Beach-Glendale, CA 13 $ 21,334,000 $ 1,641,076 $ 2,062,000
New York-Jersey City-White Plains, NY-NJ 12 $ 6,788,000 $ 565,666 $ 688,750
Sacramento--Roseville--Arden-Arcade, CA 9 $ 3,877,000 $ 430,777 $ 361,000
Chicago-Naperville-Arlington Heights, IL 6 $ 2,281,000 $ 380,166 $ 2,752,000
Denver-Aurora-Lakewood, CO 6 $ 3,622,000 $ 603,666 $ 645,000
Phoenix-Mesa-Scottsdale, AZ 6 $ 2,157,000 $ 359,500 $ 461,000
Seattle-Bellevue-Everett, WA 6 $ 4,113,000 $ 685,500 $ 749,000
West Palm Beach-Boca Raton-Delray Beach, FL 6 $ 10,836,000 $ 1,806,000 $ 1,338,000
Baltimore-Columbia-Towson, MD 5 $ 2,552,000 $ 510,400 $ 670,000
Riverside-San Bernardino-Ontario, CA 5 $ 4,956,000 $ 991,200 $ 1,392,000
Battle Creek, MI 4 $ 1,230,000 $ 307,500 $ 597,000
Montgomery County-Bucks County-Chester County, PA 4 $ 2,357,000 $ 589,250 $ 921,000
New Haven-Milford, CT 4 $ 1,301,000 $ 325,250 $ 283,000
Santa Maria-Santa Barbara, CA 4 $ 7,238,000 $ 1,809,500 $ 3,265,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 4 $ 6,376,000 $ 1,594,000 $ 2,895,000
Dallas-Plano-Irving, TX 3 $ 3,371,000 $ 1,123,666 $ 1,494,000
Nashville-Davidson--Murfreesboro--Franklin, TN 3 $ 1,336,000 $ 445,333 $ 822,000
New Orleans-Metairie, LA 3 $ 1,414,000 $ 471,333 $ 491,000
Newark, NJ-PA 3 $ 2,062,000 $ 687,333 $ 1,506,000
Oxnard-Thousand Oaks-Ventura, CA 3 $ 8,453,000 $ 2,817,666 $ 1,102,000
Virginia Beach-Norfolk-Newport News, VA-NC 3 $ 1,655,000 $ 551,666 $ 1,310,000
Wichita, KS 3 $ 318,000 $ 106,000 $ 275,000
Boise City, ID 2 $ 1,312,000 $ 656,000 $ 603,000
Boston, MA 2 $ 4,230,000 $ 2,115,000 $ 1,955,000
College Station-Bryan, TX 2 $ 2,160,000 $ 1,080,000 $ 692,000
El Centro, CA 2 $ 450,000 $ 225,000 $ 1,575,000
Flint, MI 2 $ 520,000 $ 260,000 $ 296,000
Harrisonburg, VA 2 $ 525,000 $ 262,500 $ 140,000
Houston-The Woodlands-Sugar Land, TX 2 $ 991,000 $ 495,500 $ 332,000
Lake County-Kenosha County, IL-WI 2 $ 444,000 $ 222,000 $ 648,000
North Port-Sarasota-Bradenton, FL 2 $ 836,000 $ 418,000 $ 374,000
Oakland-Hayward-Berkeley, CA 2 $ 1,200,000 $ 600,000 $ 349,000
Portland-South Portland, ME 2 $ 764,000 $ 382,000 $ 421,000
Portland-Vancouver-Hillsboro, OR-WA 2 $ 1,170,000 $ 585,000 $ 994,000
Salem, OR 2 $ 1,270,000 $ 635,000 $ 178,000
Salt Lake City, UT 2 $ 1,432,000 $ 716,000 $ 269,000
San Jose-Sunnyvale-Santa Clara, CA 2 $ 4,910,000 $ 2,455,000 $ 1,046,000
St. George, UT 2 $ 1,115,000 $ 557,500 $ 327,000
Youngstown-Warren-Boardman, OH-PA 2 $ 1,216,000 $ 608,000 $ 823,000
Yuba City, CA 2 $ 469,000 $ 234,500 $ 94,000
Austin-Round Rock, TX 1 $ 552,000 $ 552,000 $ 297,000
Birmingham-Hoover, AL 1 $ 168,000 $ 168,000 $ 278,000
California-Lexington Park, MD 1 $ 338,000 $ 338,000 $ 2,338,000
Camden, NJ 1 $ 292,000 $ 292,000 $ 187,000
Cincinnati, OH-KY-IN 1 $ 380,000 $ 380,000 $ 125,000
Cleveland-Elyria, OH 1 $ 1,290,000 $ 1,290,000 $ 431,000
Coeur D'Alene, ID 1 $ 600,000 $ 600,000 $ 661,000
Colorado Springs, CO 1 $ 680,000 $ 680,000 $ 488,000
Columbia, SC 1 $ 1,540,000 $ 1,540,000 $ 4,708,000
Crestview-Fort Walton Beach-Destin, FL 1 $ 760,000 $ 760,000 $ 2,387,000
Flagstaff, AZ 1 $ 300,000 $ 300,000 $ 653,000
Grants Pass, OR 1 $ 161,000 $ 161,000 $ 759,000
Jacksonville, FL 1 $ 1,000,000 $ 1,000,000 $ 900,000
Janesville-Beloit, WI 1 $ 172,000 $ 172,000 $ 56,000
Kennewick-Richland, WA 1 $ 261,000 $ 261,000 $ 78,000
Knoxville, TN 1 $ 1,400,000 $ 1,400,000 $ 714,000
Macon, GA 1 $ 750,000 $ 750,000 $ 957,000
Manchester-Nashua, NH 1 $ 880,000 $ 880,000 $ 317,000
Mobile, AL 1 $ 206,000 $ 206,000 $ 123,000
Modesto, CA 1 $ 277,000 $ 277,000 $ 4,800,000
Napa, CA 1 $ 2,400,000 $ 2,400,000 $ 698,000
Ocean City, NJ 1 $ 750,000 $ 750,000 $ 924,000
Provo-Orem, UT 1 $ 116,000 $ 116,000 $ 302,000
Reading, PA 1 $ 218,000 $ 218,000 $ 1,417,000
Richmond, VA 1 $ 676,000 $ 676,000 $ 2,760,000
Rockingham County-Strafford County, NH 1 $ 376,000 $ 376,000 $ 737,000
Santa Rosa, CA 1 $ 1,004,000 $ 1,004,000 $ 409,000
Silver Spring-Frederick-Rockville, MD 1 $ 590,000 $ 590,000 $ 305,000
Stockton-Lodi, CA 1 $ 555,000 $ 555,000 $ 408,000
Tacoma-Lakewood, WA 1 $ 786,000 $ 786,000 $ 1,097,000
Tampa-St. Petersburg-Clearwater, FL 1 $ 834,000 $ 834,000 $ 287,000
Warren-Troy-Farmington Hills, MI 1 $ 1,200,000 $ 1,200,000 $ 486,000

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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