Bayshore Mortgage Funding Rates, Fees & Info

BALTIMORE, MD

LEI: 549300PEWJWBNEOSS013

Tax ID: 52-2304304

3.6 stars - out of 5 stars, based on 56 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Bayshore Mortgage Funding is a smaller mortgage company specializing in Home Purchase and Refi loans. Bayshore Mortgage Funding has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, Cincinnati, New York, Baltimore, and Washington among others. We have data for 289 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bayshore Mortgage Funding 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. Bayshore Mortgage Funding is typically an average 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 about average 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.14% 12/4/22
    30 Year Conventional Refi 6.90% 12/4/22
    30 Year Cash-out Refi 7.03% 12/4/22
    30 Year FHA Purchase 8.04% 12/4/22
    30 Year FHA Refi 7.54% 12/4/22
    30 Year VA Purchase 7.04% 12/4/22
    30 Year VA Refi 6.39% 12/4/22
    30 Year USDA Purchase 7.60% 12/4/22
    30 Year USDA Refi 6.94% 12/4/22
    15 Year Conventional Purchase 6.18% 12/4/22
    15 Year Conventional Refi 6.22% 12/4/22
    15 Year Cash-out Refi 6.22% 12/4/22
    15 Year FHA Purchase 6.63% 12/4/22
    15 Year FHA Refi 7.52% 12/4/22
    15 Year VA Refi 6.04% 12/4/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    3,091

    Origination Dollar Volume (All Markets)

    $813,535,000

    Awards

    BAYSHORE MORTGAGE FUNDING VA Loans bronze BAYSHORE MORTGAGE FUNDING 30 Year Conventional Loans silver BAYSHORE MORTGAGE FUNDING VA Loans gold BAYSHORE MORTGAGE FUNDING FHA Loans silver
    Show all (4) awards

    Relative Rate

    Bayshore Mortgage Funding's average 30 year fixed mortgage rate was 3.19%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.04%.

    Relative Fees (Closing Costs)

    Bayshore Mortgage Funding's average total fees/closing costs for a 30 year fixed rate mortgage were $6,025.

    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 $4,750.

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 353 $98,485,000 $278,994 $5,786 3.14%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 476 $95,750,000 $201,155 $5,001 3.25%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 211 $84,695,000 $401,398 $5,194 3.11%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 307 $84,115,000 $273,990 $6,034 3.09%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 183 $62,655,000 $342,377 $8,101 3.11%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 188 $50,480,000 $268,511 $5,699 3.06%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 58 $17,380,000 $299,655 $6,540 3.22%
    COLUMBUS, OH (FHA|USDA|VA) 68 $17,210,000 $253,088 $5,852 3.31%
    Outside of Metro Areas 68 $13,420,000 $197,353 $6,271 3.46%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 44 $11,290,000 $256,591 $6,261 3.14%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 41 $10,185,000 $248,415 $5,366 3.13%
    RALEIGH-CARY, NC (FHA|USDA|VA) 35 $9,585,000 $273,857 $4,862 3.17%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 19 $7,875,000 $414,474 $6,531 3.18%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 26 $6,760,000 $260,000 $8,823 3.02%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 22 $6,390,000 $290,455 $6,456 3.18%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 20 $6,060,000 $303,000 $7,671 2.97%
    READING, PA (FHA|USDA|VA) 24 $6,010,000 $250,417 $4,705 3.07%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 13 $5,385,000 $414,231 $8,498 3.02%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 20 $4,970,000 $248,500 $5,377 2.92%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 12 $4,840,000 $403,333 $8,792 3.03%
    Portsmouth, OH (FHA|USDA|VA) 24 $4,220,000 $175,833 $6,120 3.39%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 26 $4,110,000 $158,077 $6,693 3.52%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 14 $3,920,000 $280,000 $5,979 2.99%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 14 $3,860,000 $275,714 $5,624 2.73%
    SALISBURY, MD-DE (FHA|USDA|VA) 13 $3,765,000 $289,615 $4,980 3.11%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 23 $3,685,000 $160,217 $5,876 3.71%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 12 $3,610,000 $300,833 $5,913 3.06%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 14 $3,330,000 $237,857 $4,439 3.09%
    WILMINGTON, NC (FHA|USDA|VA) 8 $3,320,000 $415,000 $5,550 2.97%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 14 $3,310,000 $236,429 $6,143 3.21%
    LANCASTER, PA (FHA|USDA|VA) 11 $3,295,000 $299,545 $6,637 3.20%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 16 $3,210,000 $200,625 $4,940 3.30%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 12 $3,060,000 $255,000 $6,773 3.17%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 16 $3,020,000 $188,750 $6,955 3.52%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 15 $2,965,000 $197,667 $6,261 3.26%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $2,935,000 $326,111 $7,638 3.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $2,920,000 $292,000 $7,121 3.28%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 9 $2,875,000 $319,444 $4,772 2.75%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 10 $2,830,000 $283,000 $6,628 3.34%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $2,665,000 $380,714 $8,638 2.93%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 12 $2,600,000 $216,667 $4,212 3.07%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $2,565,000 $366,429 $5,332 2.52%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 9 $2,535,000 $281,667 $4,608 3.38%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 13 $2,435,000 $187,308 $6,451 3.31%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 4 $2,410,000 $602,500 $4,759 2.81%
    HUNTSVILLE, AL (FHA|USDA|VA) 11 $2,405,000 $218,636 $6,385 3.31%
    JACKSONVILLE, FL (FHA|USDA|VA) 7 $2,085,000 $297,857 $6,508 2.89%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 10 $2,080,000 $208,000 $5,370 3.34%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 7 $2,015,000 $287,857 $8,963 2.86%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 11 $2,015,000 $183,182 $4,848 3.45%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 9 $1,985,000 $220,556 $4,383 2.92%
    WORCESTER, MA-CT (FHA|USDA|VA) 6 $1,970,000 $328,333 $10,391 2.94%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $1,965,000 $393,000 $8,000 3.00%
    OCEAN CITY, NJ (FHA|USDA|VA) 5 $1,915,000 $383,000 $6,731 2.85%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $1,900,000 $316,667 $4,777 3.02%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $1,785,000 $255,000 $6,092 3.18%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,780,000 $296,667 $6,083 2.96%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 7 $1,725,000 $246,429 $4,958 2.70%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $1,710,000 $213,750 $4,262 3.06%
    ASHEVILLE, NC (FHA|USDA|VA) 6 $1,700,000 $283,333 $4,348 3.04%
    SALEM, OR (FHA|USDA|VA) 6 $1,590,000 $265,000 $5,907 2.63%
    RICHMOND, VA (FHA|USDA|VA) 6 $1,590,000 $265,000 $5,916 2.88%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 5 $1,585,000 $317,000 $5,587 2.95%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 7 $1,525,000 $217,857 $4,530 3.30%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,510,000 $251,667 $8,853 3.02%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 7 $1,505,000 $215,000 $3,665 2.96%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 5 $1,405,000 $281,000 $8,431 3.23%
    Key West, FL (FHA|USDA|VA) 3 $1,395,000 $465,000 $4,957 3.50%
    LAFAYETTE, LA (FHA|USDA|VA) 8 $1,390,000 $173,750 $6,233 3.64%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 5 $1,385,000 $277,000 $5,626 3.38%
    MONROE, LA (FHA|USDA|VA) 8 $1,360,000 $170,000 $6,431 3.53%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 5 $1,325,000 $265,000 $7,603 2.70%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,290,000 $215,000 $6,212 3.19%
    ROCKY MOUNT, NC (FHA|USDA|VA) 6 $1,250,000 $208,333 $6,266 3.69%
    VALLEJO, CA (FHA|USDA|VA) 3 $1,225,000 $408,333 $8,499 2.83%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $1,100,000 $275,000 $9,769 3.13%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $1,065,000 $355,000 $5,949 2.92%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 5 $1,055,000 $211,000 $6,415 3.08%
    Torrington, CT (FHA|USDA|VA) 3 $1,025,000 $341,667 $7,029 2.79%
    KNOXVILLE, TN (FHA|USDA|VA) 5 $1,015,000 $203,000 $4,462 2.75%
    FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,005,000 $201,000 $4,331 3.20%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $995,000 $331,667 $5,633 3.00%
    JACKSON, MS (FHA|USDA|VA) 4 $970,000 $242,500 $5,779 3.22%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $965,000 $321,667 $5,891 3.13%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 5 $935,000 $187,000 $5,148 3.25%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $920,000 $230,000 $6,146 3.19%
    WINCHESTER, VA-WV (FHA|USDA|VA) 3 $915,000 $305,000 $12,983 3.21%
    TUCSON, AZ (FHA|USDA|VA) 2 $910,000 $455,000 $4,668 3.31%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $910,000 $455,000 $5,024 2.88%
    GAINESVILLE, GA (FHA|USDA|VA) 3 $865,000 $288,333 $4,406 2.75%
    Wilmington, OH (FHA|USDA|VA) 6 $860,000 $143,333 $4,577 3.40%
    FLINT, MI (FHA|USDA|VA) 4 $860,000 $215,000 $6,079 3.03%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $840,000 $420,000 $6,448 3.00%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 5 $835,000 $167,000 $2,747 2.73%
    Sandusky, OH (FHA|USDA|VA) 6 $830,000 $138,333 $6,177 3.35%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 3 $825,000 $275,000 $3,060 2.96%
    Cullowhee, NC (FHA|USDA|VA) 3 $795,000 $265,000 $6,112 3.33%
    SPRINGFIELD, MA (FHA|USDA|VA) 4 $770,000 $192,500 $3,689 3.28%
    YORK-HANOVER, PA (FHA|USDA|VA) 4 $770,000 $192,500 $3,243 2.88%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 4 $770,000 $192,500 $4,658 3.22%
    Easton, MD (FHA|USDA|VA) 3 $755,000 $251,667 $7,615 3.17%
    GREELEY, CO (FHA|USDA|VA) 2 $740,000 $370,000 $4,547 2.88%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $740,000 $185,000 $5,644 2.94%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $735,000 $245,000 $5,232 3.42%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $730,000 $365,000 $8,317 3.81%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $710,000 $177,500 $6,601 3.44%
    COLUMBUS, GA-AL (FHA|USDA|VA) 4 $710,000 $177,500 $3,894 3.25%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $690,000 $345,000 $6,841 3.25%
    STOCKTON, CA (FHA|USDA|VA) 2 $680,000 $340,000 $3,254 2.88%
    BATON ROUGE, LA (FHA|USDA|VA) 3 $665,000 $221,667 $5,835 3.46%
    Forest City, NC (FHA|USDA|VA) 3 $645,000 $215,000 $9,092 3.42%
    Urbana, OH (FHA|USDA|VA) 3 $645,000 $215,000 $9,171 3.42%
    STAUNTON, VA (FHA|USDA|VA) 3 $645,000 $215,000 $6,816 3.38%
    Sevierville, TN (FHA|USDA|VA) 2 $640,000 $320,000 $3,200 2.94%
    GETTYSBURG, PA (FHA|USDA|VA) 2 $620,000 $310,000 $13,950 3.13%
    KOKOMO, IN (FHA|USDA|VA) 4 $610,000 $152,500 $6,282 3.84%
    MERCED, CA (FHA|USDA|VA) 2 $610,000 $305,000 $5,073 3.31%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $600,000 $150,000 $6,797 2.97%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $595,000 $198,333 $5,842 3.21%
    MEDFORD, OR (FHA|USDA|VA) 2 $590,000 $295,000 $7,554 2.81%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $585,000 $195,000 $7,736 3.25%
    LEBANON, PA (FHA|USDA|VA) 2 $570,000 $285,000 $7,130 3.50%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $570,000 $285,000 $9,554 2.88%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $565,000 $188,333 $4,183 2.38%
    YUBA CITY, CA (FHA|USDA|VA) 2 $550,000 $275,000 $5,940 3.13%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $545,000 $181,667 $7,310 3.29%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $525,000 $175,000 $4,940 3.71%
    PITTSBURGH, PA (FHA|USDA|VA) 3 $505,000 $168,333 $6,871 3.08%
    TUSCALOOSA, AL (FHA|USDA|VA) 3 $495,000 $165,000 $4,521 3.21%
    Wilson, NC (FHA|USDA|VA) 3 $485,000 $161,667 $4,639 3.13%
    TOLEDO, OH (FHA|USDA|VA) 3 $475,000 $158,333 $5,475 3.21%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 3 $465,000 $155,000 $3,432 2.67%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $460,000 $230,000 $6,741 3.00%
    Chillicothe, OH (FHA|USDA|VA) 2 $450,000 $225,000 $9,052 3.13%
    Point Pleasant, WV-OH (FHA|USDA|VA) 2 $450,000 $225,000 $4,759 3.50%
    Brevard, NC (FHA|USDA|VA) 2 $450,000 $225,000 $8,220 3.50%
    SAVANNAH, GA (FHA|USDA|VA) 2 $450,000 $225,000 $3,324 2.88%
    MOBILE, AL (FHA|USDA|VA) 2 $440,000 $220,000 $7,666 3.06%
    BOWLING GREEN, KY (FHA|USDA|VA) 2 $440,000 $220,000 $5,584 2.94%
    BELLINGHAM, WA (FHA|USDA|VA) 2 $430,000 $215,000 $5,686 3.13%
    MADISON, WI (FHA|USDA|VA) 2 $430,000 $215,000 $6,778 3.06%
    THE VILLAGES, FL (FHA|USDA|VA) 2 $420,000 $210,000 $3,926 3.00%
    ALEXANDRIA, LA (FHA|USDA|VA) 1 $415,000 $415,000 $4,505 3.38%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $410,000 $205,000 $4,295 2.63%
    COLUMBIA, SC (FHA|USDA|VA) 2 $410,000 $205,000 $6,432 3.25%
    LaGrange, GA-AL (FHA|USDA|VA) 2 $410,000 $205,000 $7,727 4.06%
    ROANOKE, VA (FHA|USDA|VA) 2 $410,000 $205,000 $12,095 3.38%
    Sidney, OH (FHA|USDA|VA) 2 $400,000 $200,000 $9,635 3.06%
    EAU CLAIRE, WI (FHA|USDA|VA) 2 $400,000 $200,000 $7,576 3.44%
    MONROE, MI (FHA|USDA|VA) 2 $400,000 $200,000 $4,437 3.25%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $400,000 $200,000 $8,041 2.56%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $380,000 $190,000 $4,749 3.25%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $375,000 $375,000 $3,470 2.88%
    GADSDEN, AL (FHA|USDA|VA) 3 $375,000 $125,000 $5,022 3.38%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $370,000 $185,000 $4,769 3.56%
    PUEBLO, CO (FHA|USDA|VA) 2 $370,000 $185,000 $2,055 3.00%
    WARNER ROBINS, GA (FHA|USDA|VA) 2 $370,000 $185,000 $8,329 3.13%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $365,000 $365,000 $12,684 3.63%
    BLOOMINGTON, IN (FHA|USDA|VA) 2 $360,000 $180,000 $4,481 3.63%
    Ellensburg, WA (FHA|USDA|VA) 1 $355,000 $355,000 $8,450 2.75%
    Norwalk, OH (FHA|USDA|VA) 2 $350,000 $175,000 $6,439 3.25%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $350,000 $175,000 $3,320 2.44%
    EL PASO, TX (FHA|USDA|VA) 2 $350,000 $175,000 $2,308 2.31%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $345,000 $345,000 $5,402 3.25%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $345,000 $345,000 $4,384 3.75%
    VISALIA, CA (FHA|USDA|VA) 1 $345,000 $345,000 $5,461 3.50%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $340,000 $170,000 $4,646 3.06%
    Richmond, IN (FHA|USDA|VA) 2 $340,000 $170,000 $5,889 3.25%
    OCALA, FL (FHA|USDA|VA) 1 $335,000 $335,000 $14,889 2.75%
    LYNCHBURG, VA (FHA|USDA|VA) 2 $330,000 $165,000 $2,558 2.63%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $325,000 $325,000 $6,678 3.50%
    Ashtabula, OH (FHA|USDA|VA) 1 $325,000 $325,000 $4,929 2.38%
    DECATUR, AL (FHA|USDA|VA) 2 $320,000 $160,000 $5,951 3.88%
    Prineville, OR (FHA|USDA|VA) 1 $315,000 $315,000 $14,585 3.25%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $315,000 $315,000 $2,190 2.88%
    BEND, OR (FHA|USDA|VA) 1 $315,000 $315,000 $9,319 3.63%
    London, KY (FHA|USDA|VA) 1 $305,000 $305,000 $12,648 3.25%
    Farmington, MO (FHA|USDA|VA) 1 $305,000 $305,000 $6,630 3.63%
    Gaffney, SC (FHA|USDA|VA) 1 $295,000 $295,000 $14,334 3.25%
    Seymour, IN (FHA|USDA|VA) 1 $295,000 $295,000 $10,818 3.88%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $290,000 $145,000 $2,850 2.50%
    Centralia, WA (FHA|USDA|VA) 1 $285,000 $285,000 $2,573 2.88%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $285,000 $285,000 $2,574 2.38%
    Troy, AL (FHA|USDA|VA) 1 $285,000 $285,000 $9,044 3.75%
    TULSA, OK (FHA|USDA|VA) 2 $280,000 $140,000 $2,456 3.00%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $275,000 $275,000 $9,649 3.38%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $275,000 $275,000 $12,054 2.88%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $275,000 $275,000 $7,098 3.00%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $275,000 $275,000 $12,059 3.13%
    CHICO, CA (FHA|USDA|VA) 2 $270,000 $135,000 $3,187 2.81%
    Marion, OH (FHA|USDA|VA) 2 $270,000 $135,000 $7,568 3.19%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $265,000 $265,000 $5,507 2.99%
    Traverse City, MI (FHA|USDA|VA) 1 $265,000 $265,000 $5,269 3.50%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $255,000 $255,000 $4,087 2.88%
    Pullman, WA (FHA|USDA|VA) 1 $255,000 $255,000 $6,142 3.00%
    Marion, IN (FHA|USDA|VA) 2 $250,000 $125,000 $5,091 3.75%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $235,000 $235,000 $11,346 2.75%
    Okeechobee, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,233 3.00%
    BOULDER, CO (FHA|USDA|VA) 1 $235,000 $235,000 $2,852 2.63%
    Bluefield, WV-VA (FHA|USDA|VA) 1 $235,000 $235,000 $3,234 2.88%
    Marion, NC (FHA|USDA|VA) 1 $235,000 $235,000 $7,734 3.50%
    Shelton, WA (FHA|USDA|VA) 1 $235,000 $235,000 $4,011 2.75%
    Mount Vernon, OH (FHA|USDA|VA) 1 $235,000 $235,000 $4,295 3.38%
    CORVALLIS, OR (FHA|USDA|VA) 1 $235,000 $235,000 $5,482 2.88%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $225,000 $225,000 $2,350 2.38%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $225,000 $225,000 $4,052 4.13%
    Murray, KY (FHA|USDA|VA) 1 $225,000 $225,000 $3,868 3.00%
    WENATCHEE, WA (FHA|USDA|VA) 1 $225,000 $225,000 $12,074 2.25%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $5,589 2.75%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $225,000 $225,000 $10,399 2.50%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $225,000 $225,000 $2,234 2.38%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $215,000 $215,000 $4,345 2.50%
    Jefferson, GA (FHA|USDA|VA) 1 $215,000 $215,000 $6,164 2.75%
    MODESTO, CA (FHA|USDA|VA) 1 $215,000 $215,000 $5,995 3.88%
    Corinth, MS (FHA|USDA|VA) 1 $215,000 $215,000 $7,580 3.00%
    Jasper, AL (FHA|USDA|VA) 2 $210,000 $105,000 $5,823 4.19%
    SAGINAW, MI (FHA|USDA|VA) 2 $210,000 $105,000 $5,313 3.50%
    NEW BERN, NC (FHA|USDA|VA) 2 $210,000 $105,000 $3,489 3.50%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $205,000 $205,000 $7,609 2.25%
    Maysville, KY (FHA|USDA|VA) 1 $205,000 $205,000 $4,434 3.38%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $205,000 $205,000 $10,205 3.50%
    Newport, OR (FHA|USDA|VA) 1 $205,000 $205,000 $4,707 3.63%
    Henderson, NC (FHA|USDA|VA) 1 $205,000 $205,000 $7,923 4.38%
    Bartlesville, OK (FHA|USDA|VA) 2 $200,000 $100,000 $5,953 3.56%
    Jackson, OH (FHA|USDA|VA) 1 $195,000 $195,000 $2,359 3.25%
    MANSFIELD, OH (FHA|USDA|VA) 1 $195,000 $195,000 $6,634 2.75%
    LIMA, OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,071 3.25%
    HINESVILLE, GA (FHA|USDA|VA) 1 $195,000 $195,000 $2,210 2.50%
    Scottsburg, IN (FHA|USDA|VA) 1 $195,000 $195,000 $7,544 4.25%
    APPLETON, WI (FHA|USDA|VA) 1 $195,000 $195,000 $1,217 2.75%
    West Plains, MO (FHA|USDA|VA) 1 $195,000 $195,000 $3,132 2.50%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,965 2.38%
    Paducah, KY-IL (FHA|USDA|VA) 2 $190,000 $95,000 $5,651 3.50%
    Somerset, KY (FHA|USDA|VA) 1 $185,000 $185,000 $7,204 3.75%
    COLUMBIA, MO (FHA|USDA|VA) 1 $185,000 $185,000 $7,997 3.25%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $185,000 $185,000 $7,572 2.63%
    Lawrenceburg, TN (FHA|USDA|VA) 1 $175,000 $175,000 $9,946 2.25%
    VALDOSTA, GA (FHA|USDA|VA) 1 $175,000 $175,000 $7,341 2.88%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $175,000 $175,000 $2,782 3.38%
    New Castle, IN (FHA|USDA|VA) 1 $175,000 $175,000 $3,458 3.63%
    Cambridge, MD (FHA|USDA|VA) 1 $165,000 $165,000 $6,795 3.13%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $165,000 $165,000 $6,845 3.63%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $165,000 $165,000 $7,496 3.63%
    GREEN BAY, WI (FHA|USDA|VA) 1 $165,000 $165,000 $5,508 3.25%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $165,000 $165,000 $1,988 2.38%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $165,000 $165,000 $4,092 3.38%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $165,000 $165,000 $7,849 3.88%
    SUMTER, SC (FHA|USDA|VA) 1 $165,000 $165,000 $6,696 3.50%
    Kendallville, IN (FHA|USDA|VA) 1 $165,000 $165,000 $5,361 3.25%
    AKRON, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,576 2.63%
    Mayfield, KY (FHA|USDA|VA) 1 $155,000 $155,000 $6,816 3.50%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $145,000 $145,000 $4,299 3.13%
    Fort Polk South, LA (FHA|USDA|VA) 1 $145,000 $145,000 $7,582 4.50%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $145,000 $145,000 $4,105 2.75%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $145,000 $145,000 $8,331 4.63%
    Alma, MI (FHA|USDA|VA) 1 $145,000 $145,000 $3,351 3.75%
    JACKSON, MI (FHA|USDA|VA) 1 $145,000 $145,000 $4,179 4.50%
    Kennett, MO (FHA|USDA|VA) 1 $145,000 $145,000 $5,341 3.50%
    Frankfort, KY (FHA|USDA|VA) 1 $145,000 $145,000 $6,425 3.75%
    VICTORIA, TX (FHA|USDA|VA) 1 $145,000 $145,000 $2,550 2.75%
    Coshocton, OH (FHA|USDA|VA) 1 $135,000 $135,000 $7,339 3.88%
    Bellefontaine, OH (FHA|USDA|VA) 1 $135,000 $135,000 $6,918 2.88%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $135,000 $135,000 $5,067 2.88%
    Washington Court House, OH (FHA|USDA|VA) 1 $135,000 $135,000 $5,843 3.13%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $135,000 $135,000 $1,717 2.75%
    JACKSON, TN (FHA|USDA|VA) 1 $125,000 $125,000 $4,654 3.50%
    Sanford, NC (FHA|USDA|VA) 1 $125,000 $125,000 $3,904 3.13%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $3,278 3.25%
    Shelby, NC (FHA|USDA|VA) 1 $125,000 $125,000 $7,198 4.25%
    Celina, OH (FHA|USDA|VA) 1 $125,000 $125,000 $6,256 3.88%
    Ludington, MI (FHA|USDA|VA) 1 $125,000 $125,000 $5,978 3.38%
    Pottsville, PA (FHA|USDA|VA) 1 $125,000 $125,000 $6,258 3.25%
    Richmond-Berea, KY (FHA|USDA|VA) 1 $125,000 $125,000 $4,681 3.75%
    BATTLE CREEK, MI (FHA|USDA|VA) 1 $115,000 $115,000 $5,417 3.38%
    Fremont, OH (FHA|USDA|VA) 1 $115,000 $115,000 $2,570 2.88%
    LONGVIEW, WA (FHA|USDA|VA) 1 $115,000 $115,000 $4,275 2.88%
    PEORIA, IL (FHA|USDA|VA) 1 $115,000 $115,000 $4,827 3.25%
    Wauchula, FL (FHA|USDA|VA) 1 $105,000 $105,000 $5,118 3.75%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $95,000 $95,000 $5,590 3.75%
    HAMMOND, LA (FHA|USDA|VA) 1 $95,000 $95,000 $6,599 4.25%
    Morgan City, LA (FHA|USDA|VA) 1 $85,000 $85,000 $6,478 4.50%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $85,000 $85,000 $4,803 3.88%
    Altus, OK (FHA|USDA|VA) 1 $85,000 $85,000 $4,684 3.13%
    Big Stone Gap, VA (FHA|USDA|VA) 1 $75,000 $75,000 $4,999 3.38%
    BAY CITY, MI (FHA|USDA|VA) 1 $75,000 $75,000 $4,525 2.75%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $75,000 $75,000 $2,339 3.00%
    Middlesborough, KY (FHA|USDA|VA) 1 $75,000 $75,000 $3,293 3.38%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $65,000 $65,000 $3,610 4.38%
    Sterling, IL (FHA|USDA|VA) 1 $65,000 $65,000 $4,462 3.25%
    Bayshore Mortgage Funding's top markets include Philadelphia, Cincinnati, New York, Baltimore, and Washington among others.

    Their top states include:
  • Maryland (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against BAYSHORE MORTGAGE FUNDING based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Huntington Federal Savings Bank
    Similarity Rank: 12
    N C P D Federal Credit Union
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    DADE COUNTY FEDERAL CREDIT UNION
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    BELLCO
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    CINFED Federal Credit Union
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,919 $527,845,000 $275,063 $4,723 3.18%
    FHA 740 $174,380,000 $235,649 $8,694 3.27%
    VA 365 $99,885,000 $273,658 $6,422 2.83%
    USDA 67 $11,425,000 $170,522 $5,867 3.40%

    For 2021, Bayshore Mortgage Funding's most frequently originated type of loan was Conventional, with 1,919 originations. Their 2nd most popular type was FHA, with 740 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,647 $428,405,000 $260,112 $6,368 3.29%
    Refi 1,176 $316,830,000 $269,413 $5,185 2.97%
    Cash Out Refi 268 $68,300,000 $254,851 $6,183 3.23%

    For 2021, Bayshore Mortgage Funding's most frequently cited loan purpose was Home Purchase, with 1,647 originations. The 2nd most popular reason was Refi, with 1,176 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,844 $755,050,000 $265,489 $6,025 3.19%
    15 Year 136 $32,430,000 $238,456 $4,130 2.75%
    20 Year 62 $15,600,000 $251,613 $4,974 3.01%
    Other 40 $9,180,000 $229,500 $5,125 2.96%
    10 Year 9 $1,275,000 $141,667 $3,477 2.61%

    For 2021, Bayshore Mortgage Funding's most frequently cited loan duration was 30 Year, with 2,844 originations. The 2nd most popular length was 15 Year, with 136 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,528 $372,600,000 $243,848
    $<1k 489 $154,545,000 $316,043
    $2k-3k 411 $93,745,000 $228,090
    $5k+ 260 $89,290,000 $343,423
    $3k-4k 257 $63,435,000 $246,829
    $4k-5k 143 $39,165,000 $273,881

    Bayshore Mortgage Funding's average total fees were $6,025, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,528 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,694 $432,420,000 $255,266
    2.5-3% 992 $281,180,000 $283,448
    <2.5% 280 $76,170,000 $272,036
    4-5% 125 $23,765,000 $190,120

    During 2021, Bayshore Mortgage Funding's average interest rate for loans was 3.19%, while their most frequently originated rate bucket for loans was 3-4%, with 1,694 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,587 $442,475,000 $278,812 $6,345 3.13%
    $100k-200k 954 $148,630,000 $155,797 $4,779 3.23%
    $400k-600k 378 $181,380,000 $479,841 $7,234 3.05%
    $100,000 or less 133 $10,715,000 $80,564 $4,029 3.46%
    $600k-1MM 36 $26,420,000 $733,889 $8,879 3.16%
    $1MM+ 3 $3,915,000 $1,305,000 $7,115 2.92%

    2021 saw Bayshore Mortgage Funding place emphasis on $200k-400k loans with 1,587 originations, totaling $442,475,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 718 $161,130,000 $224,415 $6,017 3.23%
    $100k-150k 559 $168,525,000 $301,476 $6,309 3.19%
    $50k or less 542 $88,700,000 $163,653 $5,317 3.21%
    $75k-100k 508 $134,490,000 $264,744 $6,644 3.21%
    $150k-250k 385 $143,435,000 $372,558 $6,190 3.16%
    $250k+ 110 $48,140,000 $437,636 $5,572 3.20%

    Bayshore Mortgage Funding lent most frequently to those with incomes in the $50k-75k range, with 718 originations. The second most popular income band? $100k-150k, with 559 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 536 $142,690,000 $266,213 $5,569 3.20%
    20-30% 511 $134,685,000 $263,571 $5,127 3.13%
    50-60% 209 $55,255,000 $264,378 $9,477 3.18%
    <20% 161 $44,115,000 $274,006 $4,690 3.12%
    43% 133 $33,275,000 $250,188 $6,282 3.26%
    44% 125 $31,805,000 $254,440 $6,493 3.30%
    42% 124 $33,090,000 $266,855 $6,286 3.27%
    40% 110 $30,130,000 $273,909 $5,886 3.23%
    41% 109 $28,445,000 $260,963 $6,030 3.31%
    45% 102 $25,680,000 $251,765 $6,365 3.31%
    39% 100 $27,250,000 $272,500 $6,072 3.25%
    38% 99 $25,615,000 $258,737 $5,844 3.26%
    37% 95 $25,735,000 $270,895 $5,875 3.28%
    49% 91 $26,855,000 $295,110 $6,425 3.25%
    36% 87 $22,575,000 $259,483 $5,344 3.17%
    48% 74 $19,290,000 $260,676 $7,312 3.27%
    47% 73 $18,985,000 $260,068 $6,397 3.28%
    46% 69 $18,065,000 $261,812 $7,546 3.20%
    >60% 2 $800,000 $400,000 $5,849 2.81%

    Bayshore Mortgage Funding lent most frequently to those with DTI ratios of 30-36%, with 536 originations. The next most common DTI ratio? 20-30%, with 511 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,439 $645,045,000 $264,471 $5,700 3.15%
    Black 369 $93,265,000 $252,751 $7,324 3.25%
    Not provided 167 $42,895,000 $256,856 $5,606 3.17%
    Asian 89 $26,825,000 $301,404 $6,016 3.17%
    American Indian 16 $2,850,000 $178,125 $5,262 3.66%
    Native Hawaiian or Islander 11 $2,655,000 $241,364 $7,425 3.08%

    Approval Rates

    Total approvals of all applications
    95.90%

    Bayshore Mortgage Funding has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    68.52%

    Bayshore Mortgage Funding 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 3,091 $813,535,000 $263,195

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,091 $813,535,000 $263,195

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 63 $12,325,000 $195,635 $3,873 3.02%
    40-60% 231 $57,805,000 $250,238 $4,110 2.98%
    60-80% 999 $278,175,000 $278,453 $5,271 3.15%
    80-100% 1,733 $446,135,000 $257,435 $6,421 3.21%
    Over 100% 62 $18,810,000 $303,387 $10,290 3.06%
    Under 20% 3 $285,000 $95,000 $3,554 2.75%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    BAYSHORE MORTGAGE FUNDING, LLC Conventional home mortgage Trouble during payment process 1 100.0%