Toyota Financial Savings Bank Mortgage Lending & HMDA Data, 2018

In 2018, Toyota Financial Savings Bank of Henderson, NV reported 374 mortgage applications totaling $270.7 million, up 56% from 2017. The average application was for $723,743, and applicants reported an average income of $789,962. 76% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (22), New York-Jersey City-White Plains, NY-NJ (18) and Anaheim-Santa Ana-Irvine, CA (16) (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 374
Total Mortgage Loan Application Amount $270,680,000
Average Mortgage Loan Application Amount $723,743
Highest Mortgage Loan Application Amount $7,925,000
Average Applicant Income $789,962
Highest Applicant Income $8,547,000

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records Toyota Financial Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2018

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Outside any metro area 40 $ 38,460,000 $ 961,500 $ 1,070,615
Los Angeles-Long Beach-Glendale, CA 22 $ 14,980,000 $ 680,909 $ 693,000
New York-Jersey City-White Plains, NY-NJ 18 $ 14,110,000 $ 783,888 $ 690,111
Anaheim-Santa Ana-Irvine, CA 16 $ 17,970,000 $ 1,123,125 $ 1,095,000
Riverside-San Bernardino-Ontario, CA 13 $ 14,395,000 $ 1,107,307 $ 591,000
Seattle-Bellevue-Everett, WA 11 $ 12,915,000 $ 1,174,090 $ 518,000
Montgomery County-Bucks County-Chester County, PA 9 $ 5,375,000 $ 597,222 $ 402,000
San Diego-Carlsbad, CA 9 $ 8,595,000 $ 955,000 $ 703,000
Houston-The Woodlands-Sugar Land, TX 8 $ 4,260,000 $ 532,500 $ 629,000
Kansas City, MO-KS 8 $ 9,220,000 $ 1,152,500 $ 1,263,750
West Palm Beach-Boca Raton-Delray Beach, FL 8 $ 9,790,000 $ 1,223,750 $ 1,461,000
Dallas-Plano-Irving, TX 7 $ 3,565,000 $ 509,285 $ 508,000
Hartford-West Hartford-East Hartford, CT 7 $ 3,295,000 $ 470,714 $ 1,195,000
Nashville-Davidson--Murfreesboro--Franklin, TN 7 $ 2,215,000 $ 316,428 $ 534,000
Salisbury, MD-DE 7 $ 4,485,000 $ 640,714 $ 2,213,142
Washington-Arlington-Alexandria, DC-VA-MD-WV 6 $ 4,010,000 $ 668,333 $ 710,000
Baltimore-Columbia-Towson, MD 5 $ 2,015,000 $ 403,000 $ 1,285,000
Chicago-Naperville-Arlington Heights, IL 5 $ 1,915,000 $ 383,000 $ 247,000
Las Vegas-Henderson-Paradise, NV 5 $ 1,865,000 $ 373,000 $ 335,000
Memphis, TN-MS-AR 5 $ 2,165,000 $ 433,000 $ 846,000
Nassau County-Suffolk County, NY 5 $ 3,485,000 $ 697,000 $ 435,000
Portland-Vancouver-Hillsboro, OR-WA 5 $ 3,965,000 $ 793,000 $ 399,000
Columbus, OH 4 $ 1,630,000 $ 407,500 $ 247,000
Oxnard-Thousand Oaks-Ventura, CA 4 $ 1,830,000 $ 457,500 $ 481,000
Phoenix-Mesa-Scottsdale, AZ 4 $ 2,240,000 $ 560,000 $ 428,000
Blacksburg-Christiansburg-Radford, VA 3 $ 1,415,000 $ 471,666 $ 167,000
Bridgeport-Stamford-Norwalk, CT 3 $ 7,005,000 $ 2,335,000 $ 1,002,000
Little Rock-North Little Rock-Conway, AR 3 $ 715,000 $ 238,333 $ 547,000
Miami-Miami Beach-Kendall, FL 3 $ 6,875,000 $ 2,291,666 $ 3,108,000
Minneapolis-St. Paul-Bloomington, MN-WI 3 $ 1,035,000 $ 345,000 $ 382,000
Monroe, MI 3 $ 595,000 $ 198,333 $ 174,000
Newark, NJ-PA 3 $ 905,000 $ 301,666 $ 168,333
Norwich-New London, CT 3 $ 1,815,000 $ 605,000 $ 1,677,000
Oakland-Hayward-Berkeley, CA 3 $ 4,835,000 $ 1,611,666 $ 1,887,000
Orlando-Kissimmee-Sanford, FL 3 $ 625,000 $ 208,333 $ 302,000
Sacramento--Roseville--Arden-Arcade, CA 3 $ 685,000 $ 228,333 $ 135,000
San Jose-Sunnyvale-Santa Clara, CA 3 $ 3,135,000 $ 1,045,000 $ 1,245,000
Tampa-St. Petersburg-Clearwater, FL 3 $ 995,000 $ 331,666 $ 193,000
Worcester, MA-CT 3 $ 1,275,000 $ 425,000 $ 267,000
Allentown-Bethlehem-Easton, PA-NJ 2 $ 2,480,000 $ 1,240,000 $ 2,497,000
Austin-Round Rock, TX 2 $ 1,510,000 $ 755,000 $ 796,000
Boise City, ID 2 $ 1,170,000 $ 585,000 $ 772,000
Cambridge-Newton-Framingham, MA 2 $ 1,570,000 $ 785,000 $ 401,000
Columbia, SC 2 $ 420,000 $ 210,000 $ 392,000
Denver-Aurora-Lakewood, CO 2 $ 910,000 $ 455,000 $ 144,000
Elmira, NY 2 $ 1,060,000 $ 530,000 $ 252,000
Fort Collins, CO 2 $ 1,360,000 $ 680,000 $ 1,470,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2 $ 420,000 $ 210,000 $ 260,000
Greeley, CO 2 $ 1,090,000 $ 545,000 $ 193,000
Jacksonville, FL 2 $ 260,000 $ 130,000 $ 1,399,000
Joplin, MO 2 $ 270,000 $ 135,000 $ 215,000
Lake Charles, LA 2 $ 830,000 $ 415,000 $ 400,000
Naples-Immokalee-Marco Island, FL 2 $ 6,440,000 $ 3,220,000 $ 2,200,000
New Orleans-Metairie, LA 2 $ 510,000 $ 255,000 $ 405,000
Providence-Warwick, RI-MA 2 $ 470,000 $ 235,000 $ 110,000
Reading, PA 2 $ 300,000 $ 150,000 $ 234,000
Terre Haute, IN 2 $ 270,000 $ 135,000 $ 106,000
Virginia Beach-Norfolk-Newport News, VA-NC 2 $ 870,000 $ 435,000 $ 311,000
Wichita, KS 2 $ 420,000 $ 210,000 $ 281,000
Atlanta-Sandy Springs-Roswell, GA 1 $ 135,000 $ 135,000 $ 518,000
Augusta-Richmond County, GA-SC 1 $ 485,000 $ 485,000 $ 201,000
Barnstable Town, MA 1 $ 765,000 $ 765,000 $ 422,000
Battle Creek, MI 1 $ 725,000 $ 725,000 $ 292,000
Bloomington, IN 1 $ 155,000 $ 155,000 $ 115,000
Boston, MA 1 $ 435,000 $ 435,000 $ 1,691,000
Boulder, CO 1 $ 485,000 $ 485,000 $ 566,000
Burlington-South Burlington, VT 1 $ 375,000 $ 375,000 $ 3,383,000
Camden, NJ 1 $ 95,000 $ 95,000 $ 254,000
Charleston-North Charleston, SC 1 $ 905,000 $ 905,000 $ 4,603,000
Charlotte-Concord-Gastonia, NC-SC 1 $ 505,000 $ 505,000 $ 945,000
Cincinnati, OH-KY-IN 1 $ 35,000 $ 35,000 $ 258,000
Cleveland-Elyria, OH 1 $ 805,000 $ 805,000 $ 148,000
Dayton, OH 1 $ 295,000 $ 295,000 $ 122,000
Detroit-Dearborn-Livonia, MI 1 $ 225,000 $ 225,000 $ 1,015,000
East Stroudsburg, PA 1 $ 275,000 $ 275,000 $ 420,000
El Paso, TX 1 $ 665,000 $ 665,000 $ 771,000
Evansville, IN-KY 1 $ 325,000 $ 325,000 $ 178,000
Fresno, CA 1 $ 455,000 $ 455,000 $ 320,000
Grand Rapids-Wyoming, MI 1 $ 295,000 $ 295,000 $ 148,000
Harrisonburg, VA 1 $ 155,000 $ 155,000 $ 40,000
Huntington-Ashland, WV-KY-OH 1 $ 275,000 $ 275,000 $ 1,137,000
Huntsville, AL 1 $ 395,000 $ 395,000 $ 387,000
Janesville-Beloit, WI 1 $ 165,000 $ 165,000 $ 101,000
Kokomo, IN 1 $ 215,000 $ 215,000 $ 172,000
Lake County-Kenosha County, IL-WI 1 $ 95,000 $ 95,000 $ 422,000
Medford, OR 1 $ 525,000 $ 525,000 $ 120,000
Milwaukee-Waukesha-West Allis, WI 1 $ 45,000 $ 45,000 $ 114,000
Mobile, AL 1 $ 465,000 $ 465,000 $ 692,000
Muncie, IN 1 $ 465,000 $ 465,000 $ 151,000
Napa, CA 1 $ 3,155,000 $ 3,155,000 $ 1,792,000
New Haven-Milford, CT 1 $ 245,000 $ 245,000 $ 225,000
North Port-Sarasota-Bradenton, FL 1 $ 1,455,000 $ 1,455,000 $ 602,000
Ocean City, NJ 1 $ 965,000 $ 965,000 $ 2,782,000
Oklahoma City, OK 1 $ 175,000 $ 175,000 $ 329,000
Omaha-Council Bluffs, NE-IA 1 $ 455,000 $ 455,000 $ 182,000
Palm Bay-Melbourne-Titusville, FL 1 $ 735,000 $ 735,000 $ 747,000
Peoria, IL 1 $ 165,000 $ 165,000 $ 83,000
Portland-South Portland, ME 1 $ 575,000 $ 575,000 $ 448,000
Pueblo, CO 1 $ 55,000 $ 55,000 $ 297,000
Richmond, VA 1 $ 305,000 $ 305,000 $ 237,000
San Antonio-New Braunfels, TX 1 $ 475,000 $ 475,000 $ 278,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 1 $ 465,000 $ 465,000 $ 2,495,000
San Rafael, CA 1 $ 705,000 $ 705,000 $ 355,000
Santa Cruz-Watsonville, CA 1 $ 2,705,000 $ 2,705,000 $ 3,746,000
Santa Maria-Santa Barbara, CA 1 $ 725,000 $ 725,000 $ 186,000
Santa Rosa, CA 1 $ 525,000 $ 525,000 $ 424,000
Silver Spring-Frederick-Rockville, MD 1 $ 75,000 $ 75,000 $ 238,000
St. George, UT 1 $ 505,000 $ 505,000 $ 770,000
St. Louis, MO-IL 1 $ 755,000 $ 755,000 $ 326,000
Tacoma-Lakewood, WA 1 $ 35,000 $ 35,000 $ 169,000
Utica-Rome, NY 1 $ 175,000 $ 175,000 $ 2,650,000
Winston-Salem, NC 1 $ 455,000 $ 455,000 $ 251,000
Youngstown-Warren-Boardman, OH-PA 1 $ 265,000 $ 265,000 $ 90,000

Mortgage Loan Application Detail Totals for Toyota Financial Savings Bank in 2018

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 185 $135,555,000 $732,000 $7,205,000 $855,000 $8,547,000
Cash-out Refinancing 119 $87,935,000 $738,000 $7,925,000 $779,000 $4,220,000
Refinancing 59 $45,755,000 $775,000 $6,675,000 $621,000 $4,844,000
Home Improvement 11 $1,435,000 $130,000 $355,000 $721,000 $1,807,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 299 $230,205,000 $769,000 $7,925,000 $851,000 $8,547,000
Not Provided 39 $22,055,000 $565,000 $3,155,000 $643,000 $3,746,000
Hispanic 12 $6,260,000 $521,000 $1,515,000 $303,000 $566,000
Asian 7 $2,905,000 $415,000 $875,000 $284,000 $436,000
Black or African American 7 $4,645,000 $663,000 $1,265,000 $836,000 $3,619,000
Native Hawaiian or Other Pacific Islander 3 $945,000 $315,000 $625,000 $399,000 $489,000
American Indian or Alaskan Native 2 $310,000 $155,000 $275,000 $653,000 $1,137,000
Not applicable 1 $2,265,000 $2,265,000 $2,265,000 $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) 374 $270,680,000 $723,000 $7,925,000 $789,000 $8,547,000
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 286 $210,010,000 $734,000 $7,925,000 $802,000 $8,547,000
Application Withdrawn By Applicant 60 $50,740,000 $845,000 $6,375,000 $823,000 $4,492,000
Application Denied By Financial Institution 21 $7,645,000 $364,000 $805,000 $684,000 $4,212,000
Application Approved But Not Accepted 5 $1,725,000 $345,000 $725,000 $367,000 $957,000
File Closed For Incompleteness 2 $560,000 $280,000 $465,000 $154,000 $230,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 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
Debt-To-Income Ratio 374 $270,680,000 $723,000 $7,925,000 $789,000 $8,547,000
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
Not applicable 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Toyota Financial Savings Bank's 2018 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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