Toyota Financial Savings Bank · Virginia · 2025

Toyota Financial Savings Bank in Virginia: approval rate, denial rate and rates (2025)

Toyota Financial Savings Bank took 12 mortgage applications in Virginia in 2025, ranking #544 of 1,013 lenders active in the state. It originated 83.3% of them and denied 8.3% (9.1% of the applications it decided), against a statewide denial rate of 15.9%.

12Applicationsin VA
9.1%Decision denial ratestate 20.3%
Median ratestate 6.63%
$400,000Median loanstate $255,000
$4.7MVolume9 counties

Toyota Financial Savings Bank in Virginia vs the state

8.3%Denial rate-7.61 pts vs state
9.1%Decision denial rate-11.16 pts vs state
83.3%Origination rate+23.81 pts vs state
Median rate
Rate spread (pts)
$394kMedian applicant income
10Loans originated
1Denied

Trend in Virginia

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238512.5%6.95%#595
2024550.0%6.25%#643
202512108.3%#544

What Toyota Financial Savings Bank lends in Virginia

By loan purpose

Home purchase 7 58% · 0.0% denied
Cash-out refinance 3 25% · 33.3% denied
Other / HELOC 2 17% · 0.0% denied

By loan type

Conventional 12 100% · 8.3% denied

Where in Virginia

Counties with the most Toyota Financial Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Virginia Beach city 330 0.0%
Fairfax County 220 0.0%
Chesterfield County 110 0.0%
Alexandria city 110 0.0%
Rockingham County 110 0.0%
Chesapeake city 110 0.0%
New Kent County 110 0.0%
Loudoun County 100 0.0%
Arlington County 101 100.0%

Other large lenders in Virginia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 19,39519.3%7.75%
Rocket MortgageC 19,27414.8%6.63%
United Shore Financial ServicesB 13,99410.4%6.12%
Truist BankC 11,83831.6%6.49%
Mortgage Research CenterC 9,00016.7%6.25%
Pennymac Loan ServicesC 8,33410.7%6.38%
Freedom MortgageB 8,0296.5%6.25%
Bank of AmericaF 6,58431.9%6.24%
NewrezD 6,39016.4%6.38%
Movement MortgageA 6,1264.3%6.56%

Frequently asked questions

Virginia: 12 applications in 2025, of which 10 were originated and 1 denied.

8.3% of all applications, or 9.1% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Toyota Financial Savings Bank's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology