Discontinued — last reported Q4 '25

Business Segments · Loans held-for-investment, net (1)

Financial Services — Loans held-for-investment, net (1)

Lennar Financial Services — Loans held-for-investment, net (1) decreased by 100.0% to $0.00 in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $61.04M to $0.00. Over 3 years (FY 2021 to FY 2024), Financial Services — Loans held-for-investment, net (1) shows relatively stable performance with a -2.3% CAGR.

Analysis

StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ4 2025
Rolls up toNet loans

How to read this metric

An increase suggests a strategic shift toward retaining more interest-bearing assets, while a decrease indicates a preference for liquidity through loan sales.

Detailed definition

Represents the net carrying value of mortgage loans originated or acquired by the financial services segment that the co...

Peer comparison

Common in mortgage banking and financial services segments of homebuilders; comparable to 'Loans Held for Investment' at peer financial institutions.

Metric ID: len_segment_financial_services_loans_held_for_investment_net_1

Historical Data

18 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q3 '25
Value$77.78M$61.33M$44.59M$33.18M$28.24M$38.95M$45.65M$45.33M$36.72M$51.33M$55.46M$56.85M$54.36M$64.17M$61.04M$52.67M$52.49M$0.00
QoQ Change-21.1%-27.3%-25.6%-14.9%+37.9%+17.2%-0.7%-19.0%+39.8%+8.1%+2.5%-4.4%+18.1%-4.9%-13.7%-0.4%-100.0%
YoY Change-63.7%-36.5%+2.4%+36.6%+30.0%+31.8%+21.5%+25.4%+48.0%+25.0%+10.1%-7.3%-3.4%-100.0%
Range$0.00$77.78M
CAGR-100.0%
Avg YoY Growth+1.4%
Median YoY Growth+15.8%
Current Streak4 quarters decline

Frequently Asked Questions

What is Lennar's financial services — loans held-for-investment, net (1)?
Lennar (LEN) reported financial services — loans held-for-investment, net (1) of $0.00 in Q3 2025.
How has Lennar's financial services — loans held-for-investment, net (1) changed year-over-year?
Lennar's financial services — loans held-for-investment, net (1) decreased by 100.0% year-over-year, from $61.04M to $0.00.
What is the long-term trend for Lennar's financial services — loans held-for-investment, net (1)?
Over 3 years (2021 to 2024), Lennar's financial services — loans held-for-investment, net (1) has grown at a -2.3% compound annual growth rate (CAGR), from $253.82M to $236.42M.
What does financial services — loans held-for-investment, net (1) mean?
The net value of mortgage loans the company keeps on its own books to earn interest.