Bay-valley Mortgage Group Rates, Fees & Info
GARDEN GROVE, CALEI: 54930002O9LLXKR6TF11
Tax ID: 94-3169132
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Mortgage Data
Review & Overview
Bay-valley Mortgage Group is a smaller mortgage company specializing in Home Purchase loans. Bay-valley Mortgage Group has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, Riverside, Las Vegas, San Diego, and San Francisco among others. We have data for 117 markets. (Some data included below & more in-depth data is available with an active subscription.)Bay-valley Mortgage Group has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bay-valley Mortgage Group is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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Originations
1,245Origination Dollar Volume (All Markets)
$570,285,000Awards
BAY-VALLEY MORTGAGE GROUP - 2023
BAY-VALLEY MORTGAGE GROUP is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Bay-valley Mortgage Group's average 30 year fixed mortgage rate was
6.66%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.18%.
Relative Fees (Closing Costs)
Bay-valley Mortgage Group's average total fees/closing costs for a 30 year fixed rate
mortgage were $13,190.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 419 | $244,435,000 | $583,377 | $14,886 | 6.65% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 276 | $113,690,000 | $411,920 | $13,545 | 6.48% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 120 | $44,000,000 | $366,667 | $12,153 | 6.57% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 27 | $16,295,000 | $603,519 | $11,968 | 6.80% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 26 | $13,460,000 | $517,692 | $9,568 | 6.60% |
| FRESNO, CA (FHA|USDA|VA) | 44 | $10,690,000 | $242,955 | $9,540 | 5.83% |
| SALINAS, CA (FHA|USDA|VA) | 26 | $10,570,000 | $406,538 | $16,720 | 5.95% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 17 | $10,445,000 | $614,412 | $8,892 | 7.13% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 31 | $10,095,000 | $325,645 | $11,243 | 7.19% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 5 | $4,735,000 | $947,000 | $22,657 | 8.27% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 11 | $4,575,000 | $415,909 | $10,896 | 7.07% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 8 | $4,480,000 | $560,000 | $16,588 | 7.97% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 10 | $4,430,000 | $443,000 | $11,498 | 6.90% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 8 | $4,210,000 | $526,250 | $12,022 | 7.53% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 15 | $4,155,000 | $277,000 | $10,052 | 7.19% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $3,270,000 | $545,000 | $11,292 | 6.79% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 4 | $2,770,000 | $692,500 | $23,234 | 5.47% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 6 | $2,650,000 | $441,667 | $9,521 | 6.90% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $2,255,000 | $451,000 | $4,924 | 7.35% |
| BOISE CITY, ID (FHA|USDA|VA) | 5 | $2,145,000 | $429,000 | $6,256 | 6.48% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 10 | $2,030,000 | $203,000 | $9,295 | 6.55% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 7 | $1,945,000 | $277,857 | $9,491 | 7.23% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 8 | $1,870,000 | $233,750 | $7,501 | 7.20% |
| VALLEJO, CA (FHA|USDA|VA) | 4 | $1,860,000 | $465,000 | $18,459 | 4.50% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $1,570,000 | $785,000 | $21,032 | 7.63% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $1,570,000 | $392,500 | $8,667 | 6.38% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 3 | $1,525,000 | $508,333 | $13,422 | 8.13% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $1,420,000 | $355,000 | $10,347 | 7.25% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,355,000 | $451,667 | $9,964 | 7.75% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $1,340,000 | $670,000 | $8,965 | 6.94% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $1,320,000 | $330,000 | $10,409 | 8.66% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $1,265,000 | $1,265,000 | $28,510 | 8.88% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $1,175,000 | $1,175,000 | $18,811 | 8.25% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $1,150,000 | $287,500 | $8,444 | 6.72% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 4 | $1,150,000 | $287,500 | $14,567 | 7.34% |
| MERCED, CA (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $9,429 | 7.25% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $8,283 | 6.50% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $10,224 | 7.19% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $15,062 | 6.00% |
| MADERA, CA (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $11,950 | 6.67% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $10,701 | 7.25% |
| SALEM, OR (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $14,243 | 6.81% |
| RENO, NV (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $11,444 | 7.38% |
| VISALIA, CA (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $9,899 | 7.44% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $7,791 | 6.63% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $8,710 | 7.13% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $10,172 | 7.25% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $7,202 | 6.25% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $13,312 | 9.13% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $12,114 | 6.88% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $11,077 | 7.31% |
| Outside of Metro Areas | 2 | $580,000 | $290,000 | $15,775 | 8.06% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $23,320 | 7.00% |
| ANCHORAGE, AK (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $14,835 | 6.38% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $15,152 | 6.63% |
| Hailey, ID (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $31,076 | 7.88% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $7,855 | 7.19% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $5,052 | 6.50% |
| BEND, OR (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $9,890 | 7.13% |
| SPARTANBURG, SC (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $9,374 | 6.63% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,839 | 6.69% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $14,726 | 7.63% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $18,780 | 8.50% |
| EL PASO, TX (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $6,850 | 7.71% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $18,265 | 7.75% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $11,290 | 6.38% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $10,266 | 6.88% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $7,626 | 6.25% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $5,615 | 7.29% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $3,928 | 7.25% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $24,840 | 6.00% |
| EL CENTRO, CA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $9,341 | 6.56% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $6,981 | 6.63% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $16,853 | 5.75% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $15,161 | 6.75% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,667 | 6.63% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,811 | 6.38% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $9,135 | 6.63% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,813 | 7.38% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,369 | 7.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $6,591 | 10.13% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $7,086 | 7.31% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $17,300 | 6.63% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $17,152 | 7.50% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,594 | 7.88% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,377 | 6.50% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,495 | 7.88% |
| Newport, OR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,598 | 6.75% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $11,443 | 7.38% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,780 | 7.25% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,799 | 6.88% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,727 | 7.63% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $12,621 | 6.75% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $11,521 | 8.75% |
| Beeville, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $15,255 | 7.25% |
| Sonora, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,147 | 7.00% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,626 | 7.50% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,620 | 5.50% |
| Brownsville, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,526 | 6.50% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $11,401 | 7.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,830 | 7.13% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,153 | 9.13% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,138 | 7.38% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,097 | 6.25% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $9,008 | 8.13% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,957 | 7.38% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,651 | 6.75% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,252 | 7.25% |
| RACINE, WI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,999 | 7.63% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 8.63% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,572 | 8.00% |
| READING, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,018 | 6.75% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,694 | 6.63% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,149 | 7.38% |
| Hilo, HI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,330 | 6.63% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,543 | 7.50% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,627 | 6.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against BAY-VALLEY MORTGAGE GROUP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Bay-valley Mortgage Group's most frequently originated type of loan was Conventional, with 939 originations. Their 2nd most popular type was FHA, with 276 originations.
Loan Reason
For 2023, Bay-valley Mortgage Group's most frequently cited loan purpose was Home Purchase, with 1,052 originations. The 2nd most popular reason was Cash Out Refi, with 145 originations.
Loan Duration/Length
For 2023, Bay-valley Mortgage Group's most frequently cited loan duration was 30 Year, with 1,194 originations. The 2nd most popular length was 15 Year, with 33 originations.
Origination Fees/Closing Costs
Bay-valley Mortgage Group's average total fees were $13,190, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 770 originations.
Interest Rates
During 2023, Bay-valley Mortgage Group's average interest rate for loans was 6.66%, while their most frequently originated rate bucket for loans was 6-7%, with 587 originations.
Loan Sizing
2023 saw Bay-valley Mortgage Group place emphasis on $200k-400k loans with 401 originations, totaling $125,715,000 in origination value.
Applicant Income
Bay-valley Mortgage Group lent most frequently to those with incomes in the $100k-150k range, with 393 originations. The second most popular income band? $150k-250k, with 331 originations.
Applicant Debt to Income Ratio
Bay-valley Mortgage Group lent most frequently to those with DTI ratios of 50-60%, with 145 originations. The next most common DTI ratio? 30-36%, with 134 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.49%
Bay-valley Mortgage Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination33.33%
Bay-valley Mortgage Group has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,245 | $570,285,000 | $458,060 |