Bay Equity Mortgage Rates, Fees & Info

Los Angeles, CA

LEI: 549300PL8ER6H23P0Z91

Tax ID: 26-0360466

3.8 stars - out of 5 stars, based on 158 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Bay Equity is a large mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Bay Equity 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 include San Diego, Seattle, Phoenix, Minneapolis, and Grand Junction among others. Bay Equity has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Bay Equity is typically an average fee lendor.


Originations

24,976

Origination Dollar Volume (All Markets)

$8,300,450,000
Show all (22) awards

Relative Rate

Bay Equity 's average 30 year fixed rate mortgage of loans were 3.14%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.01%.

Relative Fees

Bay Equity 's average total fees for a 30 year fixed rate mortgage are $5,964.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1,326 $740,610,000 $558,529 $6,543 3.00%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1,525 $625,085,000 $409,892 $7,283 3.11%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1,890 $606,550,000 $320,926 $5,648 3.20%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2,010 $554,200,000 $275,721 $4,961 3.04%
GRAND JUNCTION, CO (FHA|USDA|VA) 1,608 $440,330,000 $273,837 $4,279 3.10%
Glenwood Springs, CO (FHA|USDA|VA) 957 $348,475,000 $364,133 $4,497 3.03%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1,075 $345,345,000 $321,251 $6,249 3.15%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 493 $308,915,000 $626,602 $6,422 3.05%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1,030 $242,180,000 $235,126 $5,886 3.01%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 474 $238,670,000 $503,523 $7,092 3.04%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 561 $224,275,000 $399,777 $4,371 3.06%
COLORADO SPRINGS, CO (FHA|USDA|VA) 610 $209,590,000 $343,590 $5,916 2.97%
Kalispell, MT (FHA|USDA|VA) 608 $200,430,000 $329,655 $4,920 3.02%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 952 $198,150,000 $208,141 $3,571 3.18%
Outside of Metro Areas 611 $156,465,000 $256,080 $5,234 3.08%
FRESNO, CA (FHA|USDA|VA) 444 $155,220,000 $349,595 $5,900 3.13%
RENO, NV (FHA|USDA|VA) 330 $136,730,000 $414,333 $8,346 3.07%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 196 $113,740,000 $580,306 $6,012 3.06%
Gillette, WY (FHA|USDA|VA) 502 $112,480,000 $224,064 $6,174 2.91%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 312 $112,060,000 $359,167 $6,221 3.08%
ST. GEORGE, UT (FHA|USDA|VA) 341 $110,945,000 $325,352 $6,894 3.19%
Steamboat Springs, CO (FHA|USDA|VA) 238 $93,340,000 $392,185 $4,846 3.09%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 201 $76,545,000 $380,821 $7,236 3.07%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 224 $57,230,000 $255,491 $5,584 3.08%
ALBUQUERQUE, NM (FHA|USDA|VA) 237 $56,425,000 $238,080 $3,942 3.09%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 155 $54,405,000 $351,000 $8,017 3.11%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 186 $53,210,000 $286,075 $5,504 3.11%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 91 $52,175,000 $573,352 $6,265 2.89%
ASHEVILLE, NC (FHA|USDA|VA) 139 $46,375,000 $333,633 $5,322 3.13%
WORCESTER, MA-CT (FHA|USDA|VA) 164 $46,180,000 $281,585 $4,723 3.08%
MONTGOMERY, AL (FHA|USDA|VA) 212 $45,870,000 $216,368 $5,115 3.07%
Edwards, CO (FHA|USDA|VA) 96 $43,840,000 $456,667 $4,193 3.04%
Montrose, CO (FHA|USDA|VA) 142 $38,040,000 $267,887 $3,939 3.12%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 55 $37,865,000 $688,455 $5,141 2.87%
STOCKTON, CA (FHA|USDA|VA) 106 $36,650,000 $345,755 $7,089 3.22%
Sevierville, TN (FHA|USDA|VA) 99 $34,515,000 $348,636 $6,522 3.37%
COLUMBIA, SC (FHA|USDA|VA) 162 $34,240,000 $211,358 $5,682 3.04%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 103 $32,535,000 $315,874 $10,224 3.24%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 101 $32,375,000 $320,545 $4,975 3.13%
LEWISTON, ID-WA (FHA|USDA|VA) 133 $31,595,000 $237,556 $5,940 3.17%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 88 $30,140,000 $342,500 $7,108 3.17%
TUCSON, AZ (FHA|USDA|VA) 130 $28,830,000 $221,769 $4,888 3.27%
BOISE CITY, ID (FHA|USDA|VA) 78 $27,850,000 $357,051 $6,287 3.15%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 75 $27,255,000 $363,400 $6,766 2.99%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 74 $26,860,000 $362,973 $7,681 2.94%
PORT ST. LUCIE, FL (FHA|USDA|VA) 86 $25,170,000 $292,674 $7,982 3.14%
KANSAS CITY, MO-KS (FHA|USDA|VA) 93 $24,055,000 $258,656 $4,264 3.08%
BRUNSWICK, GA (FHA|USDA|VA) 94 $23,890,000 $254,149 $7,085 3.02%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 70 $23,280,000 $332,571 $5,030 3.23%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 69 $23,205,000 $336,304 $7,664 3.15%
URBAN HONOLULU, HI (FHA|USDA|VA) 43 $23,085,000 $536,860 $6,742 3.02%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 66 $21,980,000 $333,030 $6,445 3.15%
OKLAHOMA CITY, OK (FHA|USDA|VA) 95 $21,445,000 $225,737 $5,320 3.16%
SPRINGFIELD, MA (FHA|USDA|VA) 92 $21,390,000 $232,500 $5,597 3.07%
KNOXVILLE, TN (FHA|USDA|VA) 106 $21,380,000 $201,698 $5,199 3.17%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 60 $21,060,000 $351,000 $8,844 3.12%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 74 $20,870,000 $282,027 $4,508 3.09%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 82 $20,450,000 $249,390 $5,899 3.13%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 87 $19,105,000 $219,598 $6,899 2.98%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 68 $15,890,000 $233,676 $5,523 3.10%
Payson, AZ (FHA|USDA|VA) 67 $15,845,000 $236,493 $6,129 3.25%
VALLEJO, CA (FHA|USDA|VA) 35 $15,785,000 $451,000 $6,321 3.21%
JACKSONVILLE, FL (FHA|USDA|VA) 60 $14,190,000 $236,500 $6,443 3.19%
Safford, AZ (FHA|USDA|VA) 69 $14,015,000 $203,116 $7,605 3.06%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 28 $13,880,000 $495,714 $4,549 2.98%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 42 $12,970,000 $308,810 $5,255 3.14%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 34 $12,890,000 $379,118 $4,695 3.21%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 24 $12,860,000 $535,833 $5,807 3.13%
FLAGSTAFF, AZ (FHA|USDA|VA) 23 $11,615,000 $505,000 $5,657 3.12%
MADERA, CA (FHA|USDA|VA) 35 $11,315,000 $323,286 $6,232 3.03%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 35 $10,955,000 $313,000 $6,314 3.11%
GREELEY, CO (FHA|USDA|VA) 32 $10,770,000 $336,563 $4,448 3.10%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 21 $9,955,000 $474,048 $5,425 3.08%
FORT COLLINS, CO (FHA|USDA|VA) 28 $9,950,000 $355,357 $3,808 3.05%
Centralia, WA (FHA|USDA|VA) 30 $9,460,000 $315,333 $8,474 3.17%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 34 $9,350,000 $275,000 $5,733 3.07%
ST. CLOUD, MN (FHA|USDA|VA) 42 $9,280,000 $220,952 $5,167 3.07%
ROCHESTER, MN (FHA|USDA|VA) 41 $9,265,000 $225,976 $4,980 2.97%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 39 $9,225,000 $236,538 $5,683 3.27%
PUEBLO, CO (FHA|USDA|VA) 37 $9,205,000 $248,784 $6,037 3.11%
CORVALLIS, OR (FHA|USDA|VA) 30 $9,190,000 $306,333 $7,408 2.99%
Brainerd, MN (FHA|USDA|VA) 38 $9,170,000 $241,316 $5,993 3.04%
GAINESVILLE, GA (FHA|USDA|VA) 26 $9,070,000 $348,846 $5,373 3.08%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 19 $8,675,000 $456,579 $8,027 3.01%
BOULDER, CO (FHA|USDA|VA) 19 $8,675,000 $456,579 $3,538 2.95%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 28 $8,460,000 $302,143 $6,779 3.30%
MODESTO, CA (FHA|USDA|VA) 24 $8,420,000 $350,833 $5,525 3.17%
Ellensburg, WA (FHA|USDA|VA) 24 $8,360,000 $348,333 $6,851 3.21%
PUNTA GORDA, FL (FHA|USDA|VA) 37 $8,125,000 $219,595 $4,853 3.01%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 23 $8,055,000 $350,217 $7,166 3.25%
Cedar City, UT (FHA|USDA|VA) 26 $7,830,000 $301,154 $7,474 3.26%
Fernley, NV (FHA|USDA|VA) 27 $7,755,000 $287,222 $8,203 3.04%
Shelton, WA (FHA|USDA|VA) 24 $7,680,000 $320,000 $7,371 3.10%
SUMTER, SC (FHA|USDA|VA) 40 $7,640,000 $191,000 $6,561 3.05%
PITTSFIELD, MA (FHA|USDA|VA) 33 $7,475,000 $226,515 $5,056 3.18%
WENATCHEE, WA (FHA|USDA|VA) 23 $7,395,000 $321,522 $9,217 2.86%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 26 $7,350,000 $282,692 $5,400 3.14%
BELLINGHAM, WA (FHA|USDA|VA) 22 $7,020,000 $319,091 $5,898 3.23%
SALINAS, CA (FHA|USDA|VA) 13 $6,985,000 $537,308 $5,856 3.16%
Owatonna, MN (FHA|USDA|VA) 40 $6,910,000 $172,750 $3,752 2.94%
Torrington, CT (FHA|USDA|VA) 33 $6,805,000 $206,212 $5,777 2.90%
DULUTH, MN-WI (FHA|USDA|VA) 31 $6,445,000 $207,903 $4,913 3.00%
Craig, CO (FHA|USDA|VA) 31 $6,395,000 $206,290 $5,063 3.03%
SALT LAKE CITY, UT (FHA|USDA|VA) 17 $6,235,000 $366,765 $6,983 3.26%
Oak Harbor, WA (FHA|USDA|VA) 18 $5,840,000 $324,444 $6,864 3.06%
BAKERSFIELD, CA (FHA|USDA|VA) 22 $5,770,000 $262,273 $5,718 2.91%
Spearfish, SD (FHA|USDA|VA) 18 $5,530,000 $307,222 $6,602 2.94%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 13 $5,465,000 $420,385 $4,623 3.01%
Truckee-Grass Valley, CA (FHA|USDA|VA) 10 $5,430,000 $543,000 $6,374 3.10%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 16 $5,360,000 $335,000 $6,623 3.18%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 19 $5,235,000 $275,526 $4,572 2.94%
PROVO-OREM, UT (FHA|USDA|VA) 14 $4,990,000 $356,429 $6,691 3.16%
Hutchinson, MN (FHA|USDA|VA) 20 $4,920,000 $246,000 $4,885 2.82%
Breckenridge, CO (FHA|USDA|VA) 10 $4,890,000 $489,000 $4,167 3.10%
Gardnerville Ranchos, NV (FHA|USDA|VA) 8 $4,790,000 $598,750 $11,996 3.08%
MORRISTOWN, TN (FHA|USDA|VA) 25 $4,785,000 $191,400 $5,108 3.09%
Heber, UT (FHA|USDA|VA) 7 $4,575,000 $653,571 $12,726 3.12%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 15 $4,475,000 $298,333 $6,097 3.11%
Aberdeen, WA (FHA|USDA|VA) 19 $4,415,000 $232,368 $6,760 3.08%
BEND, OR (FHA|USDA|VA) 9 $4,315,000 $479,444 $6,490 2.90%
SANTA FE, NM (FHA|USDA|VA) 14 $4,150,000 $296,429 $4,627 3.28%
Faribault-Northfield, MN (FHA|USDA|VA) 16 $4,030,000 $251,875 $5,539 2.99%
Durango, CO (FHA|USDA|VA) 9 $3,825,000 $425,000 $4,165 3.22%
Bardstown, KY (FHA|USDA|VA) 17 $3,695,000 $217,353 $3,837 3.36%
Sheridan, WY (FHA|USDA|VA) 18 $3,690,000 $205,000 $6,030 3.03%
MISSOULA, MT (FHA|USDA|VA) 11 $3,685,000 $335,000 $5,482 2.95%
CARSON CITY, NV (FHA|USDA|VA) 11 $3,585,000 $325,909 $6,743 3.01%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 20 $3,470,000 $173,500 $4,021 3.44%
Pahrump, NV (FHA|USDA|VA) 16 $3,450,000 $215,625 $7,013 3.02%
MERCED, CA (FHA|USDA|VA) 10 $3,410,000 $341,000 $5,169 3.44%
Outside of Metro Areas 8 $3,370,000 $421,250 $6,492 3.06%
VISALIA, CA (FHA|USDA|VA) 11 $3,315,000 $301,364 $6,110 3.10%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $2,955,000 $591,000 $9,457 2.90%
Alexander City, AL (FHA|USDA|VA) 8 $2,900,000 $362,500 $3,980 3.39%
Show Low, AZ (FHA|USDA|VA) 12 $2,860,000 $238,333 $5,188 3.26%
LONGVIEW, WA (FHA|USDA|VA) 9 $2,795,000 $310,556 $5,471 3.18%
Concord, NH (FHA|USDA|VA) 10 $2,770,000 $277,000 $5,734 3.14%
NAPA, CA (FHA|USDA|VA) 6 $2,760,000 $460,000 $6,311 2.92%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 12 $2,710,000 $225,833 $4,520 3.01%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 10 $2,620,000 $262,000 $5,102 3.15%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 16 $2,590,000 $161,875 $5,063 3.26%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 10 $2,550,000 $255,000 $3,336 3.09%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 9 $2,475,000 $275,000 $4,794 3.01%
WALLA WALLA, WA (FHA|USDA|VA) 7 $2,455,000 $350,714 $4,987 3.00%
SAVANNAH, GA (FHA|USDA|VA) 8 $2,420,000 $302,500 $10,971 3.19%
RAPID CITY, SD (FHA|USDA|VA) 11 $2,375,000 $215,909 $6,770 3.35%
SALEM, OR (FHA|USDA|VA) 6 $2,370,000 $395,000 $6,496 2.94%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 9 $2,245,000 $249,444 $4,678 2.97%
Fort Morgan, CO (FHA|USDA|VA) 7 $2,225,000 $317,857 $3,924 3.09%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 10 $2,210,000 $221,000 $4,041 2.99%
Frankfort, KY (FHA|USDA|VA) 11 $2,105,000 $191,364 $5,096 2.91%
WARNER ROBINS, GA (FHA|USDA|VA) 13 $2,085,000 $160,385 $5,243 3.21%
Sonora, CA (FHA|USDA|VA) 6 $2,070,000 $345,000 $5,444 3.17%
TWIN FALLS, ID (FHA|USDA|VA) 4 $2,060,000 $515,000 $7,740 3.40%
MANKATO, MN (FHA|USDA|VA) 9 $2,055,000 $228,333 $6,311 3.07%
YAKIMA, WA (FHA|USDA|VA) 8 $2,050,000 $256,250 $8,814 3.09%
Helena, MT (FHA|USDA|VA) 6 $2,050,000 $341,667 $4,563 3.06%
Red Wing, MN (FHA|USDA|VA) 9 $2,025,000 $225,000 $5,700 3.21%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 11 $1,965,000 $178,636 $5,721 2.95%
Moses Lake, WA (FHA|USDA|VA) 9 $1,945,000 $216,111 $7,396 3.22%
TULSA, OK (FHA|USDA|VA) 10 $1,940,000 $194,000 $4,799 3.45%
PANAMA CITY, FL (FHA|USDA|VA) 6 $1,850,000 $308,333 $5,353 3.12%
Ottawa, KS (FHA|USDA|VA) 6 $1,810,000 $301,667 $4,125 3.10%
Bozeman, MT (FHA|USDA|VA) 5 $1,805,000 $361,000 $6,739 3.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 6 $1,770,000 $295,000 $3,278 3.08%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $1,765,000 $353,000 $6,820 3.00%
CHICO, CA (FHA|USDA|VA) 6 $1,750,000 $291,667 $6,211 2.98%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 7 $1,635,000 $233,571 $3,858 2.79%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 5 $1,595,000 $319,000 $6,136 3.07%
YUBA CITY, CA (FHA|USDA|VA) 4 $1,540,000 $385,000 $10,508 3.06%
SPARTANBURG, SC (FHA|USDA|VA) 6 $1,500,000 $250,000 $5,697 3.21%
Hilo, HI (FHA|USDA|VA) 3 $1,495,000 $498,333 $8,694 3.21%
CASPER, WY (FHA|USDA|VA) 5 $1,455,000 $291,000 $4,877 2.77%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,430,000 $238,333 $6,017 3.31%
CHEYENNE, WY (FHA|USDA|VA) 5 $1,405,000 $281,000 $6,162 2.85%
Mountain Home, ID (FHA|USDA|VA) 4 $1,400,000 $350,000 $7,389 3.59%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 7 $1,375,000 $196,429 $4,760 3.00%
LOGAN, UT-ID (FHA|USDA|VA) 5 $1,355,000 $271,000 $5,621 3.00%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 5 $1,345,000 $269,000 $4,255 3.10%
BOWLING GREEN, KY (FHA|USDA|VA) 5 $1,345,000 $269,000 $3,878 3.60%
Grand Rapids, MN (FHA|USDA|VA) 5 $1,345,000 $269,000 $3,956 2.78%
Calhoun, GA (FHA|USDA|VA) 6 $1,330,000 $221,667 $5,692 3.39%
MEDFORD, OR (FHA|USDA|VA) 3 $1,305,000 $435,000 $5,174 3.29%
REDDING, CA (FHA|USDA|VA) 5 $1,285,000 $257,000 $5,503 2.95%
Roseburg, OR (FHA|USDA|VA) 2 $1,280,000 $640,000 $7,408 3.50%
Cañon City, CO (FHA|USDA|VA) 5 $1,255,000 $251,000 $5,690 3.12%
Cedartown, GA (FHA|USDA|VA) 7 $1,205,000 $172,143 $6,142 3.35%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $1,195,000 $398,333 $3,092 2.91%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 4 $1,140,000 $285,000 $5,857 2.94%
BILLINGS, MT (FHA|USDA|VA) 4 $1,120,000 $280,000 $3,584 3.34%
Vineyard Haven, MA (FHA|USDA|VA) 3 $1,115,000 $371,667 $3,793 2.79%
Laconia, NH (FHA|USDA|VA) 3 $1,115,000 $371,667 $6,506 2.83%
ALBANY-LEBANON, OR (FHA|USDA|VA) 4 $1,110,000 $277,500 $7,396 3.00%
Albert Lea, MN (FHA|USDA|VA) 8 $1,100,000 $137,500 $4,015 3.11%
Astoria, OR (FHA|USDA|VA) 4 $1,090,000 $272,500 $6,003 2.84%
GAINESVILLE, FL (FHA|USDA|VA) 5 $1,085,000 $217,000 $3,629 3.38%
ROCKFORD, IL (FHA|USDA|VA) 5 $1,075,000 $215,000 $8,271 2.97%
Newport, OR (FHA|USDA|VA) 3 $1,055,000 $351,667 $5,477 3.04%
ROME, GA (FHA|USDA|VA) 5 $1,045,000 $209,000 $4,887 3.15%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 4 $1,030,000 $257,500 $4,911 3.15%
Austin, MN (FHA|USDA|VA) 8 $1,030,000 $128,750 $5,074 3.29%
EL CENTRO, CA (FHA|USDA|VA) 5 $1,025,000 $205,000 $4,926 3.05%
LAS CRUCES, NM (FHA|USDA|VA) 5 $1,015,000 $203,000 $4,958 2.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,005,000 $201,000 $5,419 3.25%
Corsicana, TX (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $8,936 3.13%
Forest City, NC (FHA|USDA|VA) 4 $990,000 $247,500 $6,797 3.16%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $985,000 $328,333 $8,173 2.87%
Coos Bay, OR (FHA|USDA|VA) 4 $960,000 $240,000 $5,660 3.47%
Ontario, OR-ID (FHA|USDA|VA) 3 $955,000 $318,333 $4,247 3.13%
WICHITA, KS (FHA|USDA|VA) 3 $945,000 $315,000 $4,529 3.08%
Clearlake, CA (FHA|USDA|VA) 4 $930,000 $232,500 $5,497 3.47%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $925,000 $185,000 $3,014 2.97%
St. Marys, GA (FHA|USDA|VA) 5 $925,000 $185,000 $5,180 3.13%
Marion, NC (FHA|USDA|VA) 4 $890,000 $222,500 $5,820 3.43%
Jefferson, GA (FHA|USDA|VA) 3 $885,000 $295,000 $4,737 3.21%
Menomonie, WI (FHA|USDA|VA) 4 $880,000 $220,000 $5,865 3.06%
TOPEKA, KS (FHA|USDA|VA) 5 $875,000 $175,000 $5,345 2.98%
Jesup, GA (FHA|USDA|VA) 3 $875,000 $291,667 $6,698 2.87%
Hailey, ID (FHA|USDA|VA) 1 $865,000 $865,000 $4,379 3.25%
Greenwood, SC (FHA|USDA|VA) 3 $865,000 $288,333 $12,372 2.63%
Sandpoint, ID (FHA|USDA|VA) 2 $860,000 $430,000 $6,560 3.38%
Port Angeles, WA (FHA|USDA|VA) 3 $855,000 $285,000 $4,227 3.21%
TYLER, TX (FHA|USDA|VA) 2 $850,000 $425,000 $4,975 3.06%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $845,000 $281,667 $9,175 2.88%
Newport, TN (FHA|USDA|VA) 5 $845,000 $169,000 $7,226 3.52%
Elko, NV (FHA|USDA|VA) 3 $825,000 $275,000 $4,875 3.33%
Whitewater, WI (FHA|USDA|VA) 3 $805,000 $268,333 $3,273 3.00%
Alexandria, MN (FHA|USDA|VA) 2 $800,000 $400,000 $3,433 2.81%
Moscow, ID (FHA|USDA|VA) 4 $790,000 $197,500 $7,587 3.50%
FARMINGTON, NM (FHA|USDA|VA) 4 $790,000 $197,500 $3,711 3.00%
Minot, ND (FHA|USDA|VA) 2 $790,000 $395,000 $5,507 2.87%
KANKAKEE, IL (FHA|USDA|VA) 4 $770,000 $192,500 $4,534 3.19%
HINESVILLE, GA (FHA|USDA|VA) 4 $770,000 $192,500 $4,907 3.16%
Willmar, MN (FHA|USDA|VA) 4 $770,000 $192,500 $5,896 3.06%
Price, UT (FHA|USDA|VA) 4 $760,000 $190,000 $3,947 2.94%
Los Alamos, NM (FHA|USDA|VA) 3 $755,000 $251,667 $3,354 2.92%
Brevard, NC (FHA|USDA|VA) 3 $755,000 $251,667 $3,974 3.04%
Fort Payne, AL (FHA|USDA|VA) 2 $740,000 $370,000 $3,707 2.93%
RACINE, WI (FHA|USDA|VA) 4 $730,000 $182,500 $5,332 3.28%
Eureka-Arcata, CA (FHA|USDA|VA) 2 $720,000 $360,000 $5,645 3.19%
Rockport, TX (FHA|USDA|VA) 2 $720,000 $360,000 $12,295 3.06%
SHERMAN-DENISON, TX (FHA|USDA|VA) 4 $720,000 $180,000 $4,545 3.62%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $715,000 $238,333 $4,437 3.13%
Athens, TN (FHA|USDA|VA) 3 $695,000 $231,667 $7,196 3.13%
Riverton, WY (FHA|USDA|VA) 3 $685,000 $228,333 $5,679 3.04%
IDAHO FALLS, ID (FHA|USDA|VA) 3 $685,000 $228,333 $7,226 3.08%
LONGVIEW, TX (FHA|USDA|VA) 3 $665,000 $221,667 $6,222 3.00%
Brookings, OR (FHA|USDA|VA) 2 $660,000 $330,000 $7,036 2.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $655,000 $218,333 $3,689 3.00%
OCALA, FL (FHA|USDA|VA) 4 $650,000 $162,500 $4,322 3.06%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $640,000 $320,000 $2,661 3.06%
Cullowhee, NC (FHA|USDA|VA) 2 $640,000 $320,000 $4,267 2.81%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $610,000 $305,000 $3,184 3.38%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $605,000 $201,667 $5,254 3.46%
Lebanon, NH-VT (FHA|USDA|VA) 3 $605,000 $201,667 $6,267 3.08%
Nogales, AZ (FHA|USDA|VA) 2 $600,000 $300,000 $8,911 3.31%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 4 $600,000 $150,000 $4,848 3.47%
AMARILLO, TX (FHA|USDA|VA) 2 $590,000 $295,000 $4,575 3.19%
Arcadia, FL (FHA|USDA|VA) 3 $585,000 $195,000 $3,130 3.38%
Winona, MN (FHA|USDA|VA) 3 $565,000 $188,333 $4,080 3.08%
ODESSA, TX (FHA|USDA|VA) 3 $565,000 $188,333 $4,220 3.58%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $555,000 $185,000 $4,761 3.08%
Boone, NC (FHA|USDA|VA) 2 $550,000 $275,000 $5,614 3.18%
Statesboro, GA (FHA|USDA|VA) 2 $550,000 $275,000 $4,954 3.00%
FARGO, ND-MN (FHA|USDA|VA) 2 $550,000 $275,000 $2,686 3.19%
Newberry, SC (FHA|USDA|VA) 3 $545,000 $181,667 $4,875 3.42%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $545,000 $545,000 $5,385 2.50%
Fallon, NV (FHA|USDA|VA) 3 $535,000 $178,333 $4,923 2.79%
JACKSON, MS (FHA|USDA|VA) 1 $535,000 $535,000 $21,895 2.75%
GREEN BAY, WI (FHA|USDA|VA) 3 $535,000 $178,333 $6,068 2.83%
Keene, NH (FHA|USDA|VA) 2 $520,000 $260,000 $5,932 2.69%
GREAT FALLS, MT (FHA|USDA|VA) 2 $520,000 $260,000 $5,459 3.25%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $515,000 $515,000 $5,894 3.38%
Rock Springs, WY (FHA|USDA|VA) 2 $510,000 $255,000 $11,657 3.06%
PEORIA, IL (FHA|USDA|VA) 2 $510,000 $255,000 $6,665 2.75%
Orangeburg, SC (FHA|USDA|VA) 3 $495,000 $165,000 $7,271 3.54%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $480,000 $240,000 $5,564 3.31%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $470,000 $235,000 $3,937 2.93%
YUMA, AZ (FHA|USDA|VA) 2 $460,000 $230,000 $3,654 2.75%
BATON ROUGE, LA (FHA|USDA|VA) 1 $455,000 $455,000 $4,416 2.75%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $445,000 $445,000 $3,298 2.88%
Ukiah, CA (FHA|USDA|VA) 1 $435,000 $435,000 $4,018 3.25%
Atchison, KS (FHA|USDA|VA) 3 $435,000 $145,000 $4,824 3.29%
MIDLAND, TX (FHA|USDA|VA) 3 $425,000 $141,667 $3,014 3.33%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $415,000 $415,000 $7,864 3.88%
Taos, NM (FHA|USDA|VA) 1 $415,000 $415,000 $7,028 2.99%
Clewiston, FL (FHA|USDA|VA) 2 $410,000 $205,000 $8,476 2.87%
Vernal, UT (FHA|USDA|VA) 3 $405,000 $135,000 $4,290 2.63%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $405,000 $405,000 $11,419 2.75%
London, KY (FHA|USDA|VA) 2 $400,000 $200,000 $6,616 2.93%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $400,000 $200,000 $7,210 2.81%
Cullman, AL (FHA|USDA|VA) 1 $395,000 $395,000 $8,194 3.38%
FLORENCE, SC (FHA|USDA|VA) 3 $395,000 $131,667 $5,201 2.96%
Lake City, FL (FHA|USDA|VA) 2 $390,000 $195,000 $8,354 3.19%
Butte-Silver Bow, MT (FHA|USDA|VA) 2 $390,000 $195,000 $6,120 2.56%
RICHMOND, VA (FHA|USDA|VA) 1 $385,000 $385,000 $5,002 3.38%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $385,000 $385,000 $5,994 3.38%
EAU CLAIRE, WI (FHA|USDA|VA) 3 $375,000 $125,000 $2,927 3.25%
MUSKEGON, MI (FHA|USDA|VA) 1 $365,000 $365,000 $4,099 3.38%
Manitowoc, WI (FHA|USDA|VA) 1 $365,000 $365,000 $1,755 3.25%
Sulphur Springs, TX (FHA|USDA|VA) 1 $355,000 $355,000 $4,271 2.88%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $355,000 $355,000 $9,597 3.13%
EL PASO, TX (FHA|USDA|VA) 2 $350,000 $175,000 $4,305 3.31%
LAWRENCE, KS (FHA|USDA|VA) 1 $345,000 $345,000 $3,255 3.13%
New Ulm, MN (FHA|USDA|VA) 2 $340,000 $170,000 $2,693 3.13%
Rexburg, ID (FHA|USDA|VA) 1 $335,000 $335,000 $5,890 2.99%
Moultrie, GA (FHA|USDA|VA) 2 $330,000 $165,000 $3,124 3.38%
THE VILLAGES, FL (FHA|USDA|VA) 2 $330,000 $165,000 $4,885 3.18%
Ruidoso, NM (FHA|USDA|VA) 2 $330,000 $165,000 $4,247 3.25%
Ottawa, IL (FHA|USDA|VA) 2 $330,000 $165,000 $3,433 2.81%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 2 $320,000 $160,000 $2,542 2.94%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $315,000 $315,000 $3,593 3.25%
Ozark, AL (FHA|USDA|VA) 1 $305,000 $305,000 $13,601 3.63%
Lawrenceburg, TN (FHA|USDA|VA) 1 $295,000 $295,000 $5,399 3.25%
MADISON, WI (FHA|USDA|VA) 2 $290,000 $145,000 $3,219 2.88%
BISMARCK, ND (FHA|USDA|VA) 1 $275,000 $275,000 $3,958 3.13%
Gallup, NM (FHA|USDA|VA) 3 $275,000 $91,667 $3,122 3.71%
Glasgow, KY (FHA|USDA|VA) 2 $270,000 $135,000 $4,034 2.94%
ABILENE, TX (FHA|USDA|VA) 1 $265,000 $265,000 $2,714 3.38%
Mount Pleasant, TX (FHA|USDA|VA) 1 $265,000 $265,000 $6,786 2.99%
Port Lavaca, TX (FHA|USDA|VA) 3 $265,000 $88,333 $3,717 3.08%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $265,000 $265,000 $3,166 3.25%
Watertown, SD (FHA|USDA|VA) 2 $260,000 $130,000 $4,703 4.63%
Danville, KY (FHA|USDA|VA) 2 $260,000 $130,000 $3,865 3.12%
Enterprise, AL (FHA|USDA|VA) 1 $255,000 $255,000 $3,499 3.38%
Ada, OK (FHA|USDA|VA) 2 $250,000 $125,000 $6,309 3.13%
Madison, IN (FHA|USDA|VA) 2 $250,000 $125,000 $2,646 2.88%
WILMINGTON, NC (FHA|USDA|VA) 1 $245,000 $245,000 $9,186 2.99%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $245,000 $245,000 $1,405 2.50%
Cornelia, GA (FHA|USDA|VA) 1 $245,000 $245,000 $9,563 2.88%
Alamogordo, NM (FHA|USDA|VA) 1 $245,000 $245,000 $2,384 2.63%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,548 3.50%
Seneca, SC (FHA|USDA|VA) 1 $245,000 $245,000 $2,450 2.99%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $245,000 $245,000 $5,167 2.99%
Burley, ID (FHA|USDA|VA) 2 $240,000 $120,000 $5,898 3.50%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $235,000 $235,000 $14,070 2.99%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $235,000 $235,000 $4,243 4.50%
Cookeville, TN (FHA|USDA|VA) 1 $235,000 $235,000 $9,125 2.99%
Jackson, WY-ID (FHA|USDA|VA) 1 $225,000 $225,000 $5,488 2.75%
Stevens Point, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,880 2.88%
BLOOMINGTON, IL (FHA|USDA|VA) 2 $220,000 $110,000 $2,550 3.50%
Greeneville, TN (FHA|USDA|VA) 1 $215,000 $215,000 $1,699 3.99%
Española, NM (FHA|USDA|VA) 2 $210,000 $105,000 $3,232 4.06%
Waycross, GA (FHA|USDA|VA) 2 $210,000 $105,000 $4,543 3.38%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $205,000 $205,000 $1,791 2.50%
Rockingham, NC (FHA|USDA|VA) 1 $205,000 $205,000 $2,864 2.25%
POCATELLO, ID (FHA|USDA|VA) 1 $205,000 $205,000 $3,598 2.63%
Fergus Falls, MN (FHA|USDA|VA) 1 $205,000 $205,000 $4,090 2.88%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $195,000 $195,000 $6,823 3.00%
Klamath Falls, OR (FHA|USDA|VA) 1 $195,000 $195,000 $3,238 2.88%
Rochelle, IL (FHA|USDA|VA) 1 $195,000 $195,000 $6,357 3.38%
Durant, OK (FHA|USDA|VA) 1 $195,000 $195,000 $5,502 3.00%
North Vernon, IN (FHA|USDA|VA) 1 $195,000 $195,000 $2,437 2.99%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $185,000 $185,000 $3,149 3.25%
Evanston, WY (FHA|USDA|VA) 1 $185,000 $185,000 $8,448 3.25%
Pontiac, IL (FHA|USDA|VA) 1 $185,000 $185,000 $5,283 2.75%
Granbury, TX (FHA|USDA|VA) 1 $185,000 $185,000 $0 3.38%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $175,000 $175,000 $973 3.25%
Hutchinson, KS (FHA|USDA|VA) 1 $175,000 $175,000 $4,606 2.88%
Athens, TX (FHA|USDA|VA) 1 $175,000 $175,000 $6,758 2.99%
Okeechobee, FL (FHA|USDA|VA) 1 $175,000 $175,000 $7,619 3.25%
The Dalles, OR (FHA|USDA|VA) 1 $175,000 $175,000 $5,933 2.99%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $175,000 $175,000 $5,117 2.99%
Shawnee, OK (FHA|USDA|VA) 1 $175,000 $175,000 $5,118 3.38%
DECATUR, AL (FHA|USDA|VA) 1 $175,000 $175,000 $3,506 2.63%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $165,000 $165,000 $3,084 3.25%
Scottsburg, IN (FHA|USDA|VA) 1 $165,000 $165,000 $7,053 3.63%
VALDOSTA, GA (FHA|USDA|VA) 1 $165,000 $165,000 $6,166 2.99%
Bluffton, IN (FHA|USDA|VA) 1 $155,000 $155,000 $1,614 2.50%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $145,000 $145,000 $6,165 2.99%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,836 3.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $145,000 $145,000 $4,116 3.50%
Williston, ND (FHA|USDA|VA) 1 $135,000 $135,000 $4,060 3.25%
Susanville, CA (FHA|USDA|VA) 1 $135,000 $135,000 $7,804 4.00%
Maysville, KY (FHA|USDA|VA) 2 $130,000 $65,000 $2,850 4.50%
Brenham, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,230 2.88%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $125,000 $125,000 $3,681 2.99%
Palatka, FL (FHA|USDA|VA) 1 $115,000 $115,000 $4,695 3.38%
Georgetown, SC (FHA|USDA|VA) 1 $105,000 $105,000 $4,270 3.50%
PINE BLUFF, AR (FHA|USDA|VA) 1 $105,000 $105,000 $5,711 2.75%
Crossville, TN (FHA|USDA|VA) 1 $85,000 $85,000 $5,023 2.99%
Great Bend, KS (FHA|USDA|VA) 1 $75,000 $75,000 $2,445 2.50%
Berlin, NH (FHA|USDA|VA) 1 $75,000 $75,000 $3,295 4.00%
JACKSON, TN (FHA|USDA|VA) 1 $65,000 $65,000 $3,681 3.25%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $65,000 $65,000 $2,434 3.88%
Marshall, MN (FHA|USDA|VA) 1 $65,000 $65,000 $4,424 2.99%
ENID, OK (FHA|USDA|VA) 1 $55,000 $55,000 $2,681 2.63%

Bay Equity 's top markets include San Diego, Seattle, Phoenix, Minneapolis, and Grand Junction among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 19,692 $6,639,360,000 $337,160 $4,679 3.12%
FHA 3,328 $938,800,000 $282,091 $10,005 3.08%
VA 1,627 $648,145,000 $398,368 $8,177 2.79%
USDA 329 $74,145,000 $225,365 $6,627 2.92%

For the 2021 period, Bay Equity 's most frequently originated loan type of loans were Conventional, with 19,692 originations. Their 2nd most popular type is FHA, with 3,328 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 12,837 $4,410,625,000 $343,587 $6,599 3.14%
Refi 6,792 $2,159,290,000 $317,917 $4,198 2.91%
Cash Out Refi 5,347 $1,730,535,000 $323,646 $5,305 3.17%

For the 2021, Bay Equity 's most frequently cited loan purpose of loans were Home Purchase, with 12,837 originations. The 2nd most popular reason of loans were Refi, with 6,792 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 22,005 $7,591,965,000 $345,011 $5,964 3.14%
15 Year 1,980 $484,120,000 $244,505 $3,646 2.51%
20 Year 550 $142,580,000 $259,236 $3,897 3.02%
10 Year 247 $26,475,000 $107,186 $1,874 3.15%
Other 194 $55,310,000 $285,103 $4,322 3.05%

For the 2021, Bay Equity 's most frequently cited loan length of loans were 30 Year, with 22,005 originations. The 2nd most popular length of loans were 15 Year, with 1,980 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 12,137 $3,993,035,000 $328,997
$3k-4k 4,376 $1,416,290,000 $323,649
$2k-3k 4,212 $1,218,290,000 $289,243
$5k+ 2,456 $1,179,040,000 $480,065
$<1k 792 $226,620,000 $286,136

$5,964 of loans were Bay Equity 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 12,137 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 12,068 $4,073,450,000 $337,541
2.5-3% 10,413 $3,551,155,000 $341,031
<2.5% 2,151 $601,765,000 $279,761
4-5% 259 $71,615,000 $276,506
5-6% 83 $2,375,000 $28,614
6-7% 2 $90,000 $45,000

During 2021, Bay Equity 's average interest rate of loans were 3.14%, while their most frequently originated rate bucket of loans were 3-4%, with 12,068 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 12,834 $3,711,200,000 $289,169 $5,629 3.09%
$100k-200k 4,950 $787,580,000 $159,107 $4,263 3.06%
$400k-600k 4,822 $2,328,840,000 $482,961 $6,490 3.07%
$600k-1MM 1,394 $1,021,530,000 $732,805 $8,395 3.11%
$100,000 or less 679 $42,045,000 $61,922 $2,450 3.27%
$1MM+ 297 $409,255,000 $1,377,963 $11,434 3.07%

2021 saw Bay Equity place emphasis on $200k-400k loans with 12,834 originations, totaling $3,711,200,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 5,923 $1,494,305,000 $252,289 $5,666 3.10%
$100k-150k 5,458 $1,998,080,000 $366,083 $5,782 3.10%
$75k-100k 4,752 $1,452,650,000 $305,692 $5,783 3.11%
$150k-250k 3,553 $1,595,785,000 $449,137 $5,757 3.09%
$50k or less 3,156 $575,400,000 $182,319 $4,964 3.08%
$250k+ 1,486 $945,140,000 $636,030 $6,918 3.13%

Bay Equity lent most frequently to those with incomes in the $50k-75k range, with 5,923 originations. The second most popular income band? $100k-150k, with 5,458 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 4,575 $1,472,295,000 $321,813 $4,681 3.05%
30-36% 4,403 $1,449,865,000 $329,290 $5,197 3.09%
<20% 1,614 $503,120,000 $311,722 $4,344 2.98%
50-60% 1,200 $389,590,000 $324,658 $10,070 3.02%
44% 1,188 $395,740,000 $333,114 $6,159 3.17%
41% 1,049 $362,145,000 $345,229 $5,835 3.18%
42% 1,030 $363,550,000 $352,961 $5,895 3.17%
43% 1,030 $335,600,000 $325,825 $5,808 3.16%
49% 961 $334,305,000 $347,872 $6,483 3.14%
38% 929 $317,425,000 $341,685 $5,803 3.13%
40% 912 $329,260,000 $361,031 $5,971 3.13%
39% 905 $305,985,000 $338,105 $5,649 3.13%
36% 900 $312,340,000 $347,044 $5,443 3.13%
37% 895 $304,335,000 $340,039 $5,592 3.13%
46% 774 $249,430,000 $322,261 $6,238 3.11%
45% 757 $246,665,000 $325,845 $6,169 3.12%
48% 720 $239,100,000 $332,083 $6,248 3.13%
47% 682 $219,820,000 $322,317 $6,224 3.08%
>60% 50 $23,200,000 $464,000 $9,822 2.88%

Bay Equity lent most frequently to those with DTI ratios of 20-30%, with 4,575 originations. The next most common DTI ratio? 30-36%, with 4,403 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 18,993 $6,180,505,000 $325,410 $5,510 3.08%
Not provided 3,534 $1,287,120,000 $364,211 $5,914 3.08%
Asian 899 $367,035,000 $408,270 $6,331 3.08%
Black 1,190 $342,950,000 $288,193 $7,058 3.17%
American Indian 187 $56,725,000 $303,342 $6,163 3.17%
Native Hawaiian 75 $26,995,000 $359,933 $6,751 3.14%
Asian Indian 20 $10,490,000 $524,500 $5,534 2.92%
Filipino 25 $9,145,000 $365,800 $7,583 2.79%
Other Asian 20 $5,960,000 $298,000 $5,593 2.76%
Chinese 9 $4,265,000 $473,889 $6,761 2.88%
Korean 6 $2,660,000 $443,333 $3,419 2.83%
Japanese 5 $2,525,000 $505,000 $3,958 2.65%
Vietnamese 8 $2,410,000 $301,250 $5,302 2.92%
Samoan 2 $810,000 $405,000 $5,251 2.75%
Native Hawiian 2 $600,000 $300,000 $9,387 2.93%
Other Pacific Islander 1 $255,000 $255,000 $10,343 2.99%

Approval Rates

Total approvals of all applications
94.95%

Bay Equity has an average approval rate.

Pick Rate

Approvals leading to origination
89.60%

Bay Equity has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 24,976 $8,300,450,000 $332,337

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
24,976 $8,300,450,000 $332,337

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,157 $279,675,000 $241,724 $3,906 2.86%
40-60% 3,607 $1,134,545,000 $314,540 $4,161 2.94%
60-80% 9,094 $3,223,520,000 $354,467 $4,981 3.14%
80-100% 10,507 $3,509,325,000 $333,999 $6,725 3.11%
Over 100% 313 $132,295,000 $422,668 $16,079 2.88%
Under 20% 298 $21,090,000 $70,772 $1,419 3.52%