Bay Equity LLC Mortgage Lending & HMDA Data, 2012
In 2012, Bay Equity LLC of Detroit, MI reported 7,192 mortgage applications totaling $2.2 billion, up 50% from 2011. The average application was for $300,542, and applicants reported an average income of $109,270. 70% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,583), San Francisco-San Mateo-Redwood City, CA (717) and San Diego-Carlsbad-San Marcos, CA (642) (applications in parentheses).
| Mortgage Company & Address | Bay Equity LLC Detroit, MI 48226 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 |
| Total Number of Mortgage Applications | 7,192 |
| Total Mortgage Loan Application Amount | $2,161,499,000 |
| Average Mortgage Loan Application Amount | $300,542 |
| Highest Mortgage Loan Application Amount | $1,470,000 |
| Average Applicant Income | $109,270 |
| Highest Applicant Income | $5,042,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bay Equity LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Los Angeles, California | 1,583 | $ 506,316,000 | $ 319,845 | $ 117,000 |
| San Diego, California | 642 | $ 196,523,000 | $ 306,110 | $ 107,000 |
| Orange, California | 491 | $ 171,471,000 | $ 349,228 | $ 133,000 |
| Santa Clara, California | 437 | $ 157,493,000 | $ 360,395 | $ 120,000 |
| King, Washington | 332 | $ 90,876,000 | $ 273,722 | $ 86,000 |
| San Mateo, California | 317 | $ 127,002,000 | $ 400,637 | $ 130,000 |
| San Francisco, California | 316 | $ 130,656,000 | $ 413,468 | $ 156,000 |
| Alameda, California | 297 | $ 90,416,000 | $ 304,430 | $ 108,000 |
| Contra Costa, California | 294 | $ 90,064,000 | $ 306,340 | $ 120,000 |
| Riverside, California | 253 | $ 60,799,000 | $ 240,312 | $ 98,000 |
| Sonoma, California | 214 | $ 60,556,000 | $ 282,971 | $ 101,000 |
| Snohomish, Washington | 213 | $ 53,673,000 | $ 251,985 | $ 69,000 |
| Pierce, Washington | 181 | $ 37,672,000 | $ 208,132 | $ 77,000 |
| San Bernardino, California | 157 | $ 36,373,000 | $ 231,675 | $ 114,000 |
| Sacramento, California | 147 | $ 29,327,000 | $ 199,503 | $ 78,000 |
| Ventura, California | 126 | $ 42,162,000 | $ 334,619 | $ 142,000 |
| Marin, California | 84 | $ 31,787,000 | $ 378,416 | $ 118,000 |
| Solano, California | 80 | $ 16,480,000 | $ 206,000 | $ 93,000 |
| Clark, Washington | 58 | $ 12,423,000 | $ 214,189 | $ 68,000 |
| Kitsap, Washington | 52 | $ 10,479,000 | $ 201,519 | $ 64,000 |
| Thurston, Washington | 51 | $ 12,141,000 | $ 238,058 | $ 74,000 |
| San Joaquin, California | 46 | $ 8,690,000 | $ 188,913 | $ 85,000 |
| Skagit, Washington | 40 | $ 8,466,000 | $ 211,650 | $ 68,000 |
| Multnomah, Oregon | 37 | $ 7,195,000 | $ 194,459 | $ 68,000 |
| Placer, California | 33 | $ 10,060,000 | $ 304,848 | $ 132,000 |
| Chelan, Washington | 33 | $ 6,635,000 | $ 201,060 | $ 64,000 |
| Clallam, Washington | 33 | $ 7,034,000 | $ 213,151 | $ 70,000 |
| Fresno, California | 26 | $ 5,478,000 | $ 210,692 | $ 114,000 |
| Santa Barbara, California | 26 | $ 6,460,000 | $ 248,461 | $ 119,000 |
| Yolo, California | 26 | $ 7,013,000 | $ 269,730 | $ 99,000 |
| Washington, Oregon | 26 | $ 4,588,000 | $ 176,461 | $ 55,000 |
| Honolulu, Hawaii | 25 | $ 10,596,000 | $ 423,840 | $ 93,000 |
| Kern, California | 24 | $ 3,833,000 | $ 159,708 | $ 77,000 |
| Stanislaus, California | 21 | $ 4,332,000 | $ 206,285 | $ 81,000 |
| Spokane, Washington | 20 | $ 3,689,000 | $ 184,450 | $ 66,000 |
| El Dorado, California | 18 | $ 5,785,000 | $ 321,388 | $ 154,000 |
| Santa Cruz, California | 18 | $ 6,826,000 | $ 379,222 | $ 131,000 |
| Napa, California | 17 | $ 5,243,000 | $ 308,411 | $ 96,000 |
| Maricopa, Arizona | 15 | $ 2,789,000 | $ 185,933 | $ 123,000 |
| Sutter, California | 14 | $ 2,390,000 | $ 170,714 | $ 74,000 |
| Douglas, Washington | 14 | $ 2,839,000 | $ 202,785 | $ 72,000 |
| Yakima, Washington | 14 | $ 2,437,000 | $ 174,071 | $ 70,000 |
| Monterey, California | 13 | $ 3,812,000 | $ 293,230 | $ 124,000 |
| Clark, Nevada | 13 | $ 2,893,000 | $ 222,538 | $ 149,000 |
| Clackamas, Oregon | 13 | $ 3,211,000 | $ 247,000 | $ 81,000 |
| Kittitas, Washington | 13 | $ 2,724,000 | $ 209,538 | $ 123,000 |
| Benton, Washington | 12 | $ 1,773,000 | $ 147,750 | $ 53,000 |
| Island, Washington | 12 | $ 2,803,000 | $ 233,583 | $ 66,000 |
| San Luis Obispo, California | 11 | $ 3,786,000 | $ 344,181 | $ 172,000 |
| Yavapai, Arizona | 10 | $ 2,621,000 | $ 262,100 | $ 98,000 |
| San Benito, California | 10 | $ 2,677,000 | $ 267,700 | $ 105,000 |
| Lewis, Washington | 10 | $ 2,254,000 | $ 225,400 | $ 72,000 |
| Whatcom, Washington | 10 | $ 2,735,000 | $ 273,500 | $ 79,000 |
| Lake, California | 9 | $ 2,382,000 | $ 264,666 | $ 110,000 |
| Nevada, California | 9 | $ 2,989,000 | $ 332,111 | $ 155,000 |
| Jefferson, Washington | 9 | $ 1,555,000 | $ 172,777 | $ 61,000 |
| Mason, Washington | 8 | $ 1,507,000 | $ 188,375 | $ 110,000 |
| Mono, California | 7 | $ 1,854,000 | $ 264,857 | $ 140,000 |
| Columbia, Oregon | 7 | $ 1,025,000 | $ 146,428 | $ 120,000 |
| Cowlitz, Washington | 7 | $ 1,038,000 | $ 148,285 | $ 79,000 |
| Grant, Washington | 7 | $ 1,393,000 | $ 199,000 | $ 106,000 |
| Okanogan, Washington | 7 | $ 1,228,000 | $ 175,428 | $ 64,000 |
| Butte, California | 6 | $ 948,000 | $ 158,000 | $ 108,000 |
| Imperial, California | 6 | $ 948,000 | $ 158,000 | $ 254,000 |
| Tulare, California | 6 | $ 1,124,000 | $ 187,333 | $ 51,000 |
| Amador, California | 5 | $ 1,025,000 | $ 205,000 | $ 51,000 |
| Mendocino, California | 5 | $ 1,256,000 | $ 251,200 | $ 55,000 |
| Arapahoe, Colorado | 5 | $ 839,000 | $ 167,800 | $ 83,000 |
| Marion, Oregon | 5 | $ 834,000 | $ 166,800 | $ 53,000 |
| Calaveras, California | 4 | $ 1,097,000 | $ 274,250 | $ 243,000 |
| Shasta, California | 4 | $ 661,000 | $ 165,250 | $ 79,000 |
| Tuolumne, California | 4 | $ 764,000 | $ 191,000 | $ 89,000 |
| Clatsop, Oregon | 4 | $ 763,000 | $ 190,750 | $ 111,000 |
| Franklin, Washington | 4 | $ 691,000 | $ 172,750 | $ 59,000 |
| Grays Harbor, Washington | 4 | $ 724,000 | $ 181,000 | $ 45,000 |
| Mohave, Arizona | 3 | $ 223,000 | $ 74,333 | $ 105,000 |
| Kings, California | 3 | $ 603,000 | $ 201,000 | $ 61,000 |
| Madera, California | 3 | $ 504,000 | $ 168,000 | $ 69,000 |
| Merced, California | 3 | $ 428,000 | $ 142,666 | $ 55,000 |
| Douglas, Colorado | 3 | $ 639,000 | $ 213,000 | $ 177,000 |
| Jefferson, Colorado | 3 | $ 770,000 | $ 256,666 | $ 140,000 |
| Deschutes, Oregon | 3 | $ 650,000 | $ 216,666 | $ 116,000 |
| Yamhill, Oregon | 3 | $ 773,000 | $ 257,666 | $ 103,000 |
| Pima, Arizona | 2 | $ 258,000 | $ 129,000 | $ 55,000 |
| Plumas, California | 2 | $ 382,000 | $ 191,000 | $ 76,000 |
| Siskiyou, California | 2 | $ 457,000 | $ 228,500 | $ 95,000 |
| Adams, Colorado | 2 | $ 230,000 | $ 115,000 | $ 110,000 |
| Kauai, Hawaii | 2 | $ 555,000 | $ 277,500 | $ 91,000 |
| Washoe, Nevada | 2 | $ 488,000 | $ 244,000 | $ 132,000 |
| Coos, Oregon | 2 | $ 402,000 | $ 201,000 | $ 69,000 |
| Jackson, Oregon | 2 | $ 333,000 | $ 166,500 | $ 76,000 |
| Lane, Oregon | 2 | $ 305,000 | $ 152,500 | $ 42,000 |
| Lincoln, Oregon | 2 | $ 362,000 | $ 181,000 | $ 38,000 |
| Umatilla, Oregon | 2 | $ 293,000 | $ 146,500 | $ 58,000 |
| Iron, Utah | 2 | $ 128,000 | $ 64,000 | $ 196,000 |
| Klickitat, Washington | 2 | $ 250,000 | $ 125,000 | $ 79,000 |
| Pinal, Arizona | 1 | $ 195,000 | $ 195,000 | $ 92,000 |
| Colusa, California | 1 | $ 407,000 | $ 407,000 | $ 14,000 |
| Del Norte, California | 1 | $ 221,000 | $ 221,000 | $ 74,000 |
| Inyo, California | 1 | $ 200,000 | $ 200,000 | $ 44,000 |
| Yuba, California | 1 | $ 50,000 | $ 50,000 | $ 76,000 |
| Archuleta, Colorado | 1 | $ 221,000 | $ 221,000 | $ 25,000 |
| Boulder, Colorado | 1 | $ 172,000 | $ 172,000 | $ 54,000 |
| Denver, Colorado | 1 | $ 210,000 | $ 210,000 | $ 54,000 |
| El Paso, Colorado | 1 | $ 104,000 | $ 104,000 | $ 80,000 |
| Latah, Idaho | 1 | $ 218,000 | $ 218,000 | $ 68,000 |
| Benton, Oregon | 1 | $ 369,000 | $ 369,000 | $ 176,000 |
| Curry, Oregon | 1 | $ 254,000 | $ 254,000 | $ 94,000 |
| Douglas, Oregon | 1 | $ 129,000 | $ 129,000 | $ 38,000 |
| Grant, Oregon | 1 | $ 110,000 | $ 110,000 | $ 57,000 |
| Harney, Oregon | 1 | $ 257,000 | $ 257,000 | $ 56,000 |
| Josephine, Oregon | 1 | $ 145,000 | $ 145,000 | $ 52,000 |
| Klamath, Oregon | 1 | $ 121,000 | $ 121,000 | $ 0 |
| Linn, Oregon | 1 | $ 239,000 | $ 239,000 | $ 107,000 |
| Polk, Oregon | 1 | $ 177,000 | $ 177,000 | $ 126,000 |
| Tillamook, Oregon | 1 | $ 286,000 | $ 286,000 | $ 61,000 |
| Union, Oregon | 1 | $ 98,000 | $ 98,000 | $ 34,000 |
| Wasco, Oregon | 1 | $ 199,000 | $ 199,000 | $ 92,000 |
| Lincoln, Washington | 1 | $ 191,000 | $ 191,000 | $ 47,000 |
| Pacific, Washington | 1 | $ 146,000 | $ 146,000 | $ 89,000 |
| Stevens, Washington | 1 | $ 180,000 | $ 180,000 | $ 0 |
| Walla Walla, Washington | 1 | $ 198,000 | $ 198,000 | $ 0 |
| Whitman, Washington | 1 | $ 155,000 | $ 155,000 | $ 104,000 |
Mortgage Loan Application Detail Totals for Bay Equity LLC in 2012
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 4,407 | $1,367,963,000 | $310,000 | $1,470,000 | $112,000 | $5,042,000 |
| Home Purchase | 2,717 | $773,938,000 | $284,000 | $1,170,000 | $105,000 | $1,103,000 |
| Home Improvement | 68 | $19,598,000 | $288,000 | $832,000 | $103,000 | $348,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 4,063 | $1,227,141,000 | $302,000 | $1,300,000 | $116,000 | $5,042,000 |
| Asian | 1,086 | $330,955,000 | $304,000 | $1,470,000 | $110,000 | $1,178,000 |
| Hispanic | 924 | $239,327,000 | $259,000 | $790,000 | $75,000 | $583,000 |
| Not Provided | 917 | $306,923,000 | $334,000 | $1,000,000 | $120,000 | $744,000 |
| Black or African American | 127 | $35,025,000 | $275,000 | $633,000 | $87,000 | $289,000 |
| Native Hawaiian or Other Pacific Islander | 59 | $18,979,000 | $321,000 | $717,000 | $101,000 | $302,000 |
| American Indian or Alaskan Native | 16 | $3,149,000 | $196,000 | $633,000 | $94,000 | $402,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 5,441 | $1,647,923,000 | $302,000 | $1,470,000 | $121,000 | $5,042,000 |
| FHA-insured (Federal Housing Administration) | 1,306 | $380,725,000 | $291,000 | $890,000 | $72,000 | $541,000 |
| VA-guaranteed (Veterans Administration) | 395 | $123,225,000 | $311,000 | $1,017,000 | $81,000 | $380,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 50 | $9,626,000 | $192,000 | $305,000 | $53,000 | $107,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 5,046 | $1,534,434,000 | $304,000 | $1,470,000 | $112,000 | $1,300,000 |
| Application Approved But Not Accepted | 946 | $290,040,000 | $306,000 | $947,000 | $119,000 | $5,042,000 |
| File Closed For Incompleteness | 465 | $120,901,000 | $260,000 | $967,000 | $86,000 | $660,000 |
| Application Denied By Financial Institution | 450 | $128,298,000 | $285,000 | $897,000 | $92,000 | $604,000 |
| Application Withdrawn By Applicant | 283 | $87,379,000 | $308,000 | $832,000 | $110,000 | $1,129,000 |
| Loan Purchased By The Institution | 2 | $447,000 | $223,000 | $261,000 | $178,000 | $265,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 120 | $34,044,000 | $283,000 | $844,000 | $68,000 | $458,000 |
| Credit History | 88 | $24,535,000 | $278,000 | $795,000 | $95,000 | $511,000 |
| Other | 81 | $22,063,000 | $272,000 | $626,000 | $106,000 | $372,000 |
| Collateral | 74 | $21,700,000 | $293,000 | $897,000 | $112,000 | $604,000 |
| Unverifiable Information | 22 | $5,679,000 | $258,000 | $725,000 | $81,000 | $173,000 |
| Credit Application Incomplete | 12 | $4,109,000 | $342,000 | $554,000 | $113,000 | $199,000 |
| Employment History | 8 | $2,430,000 | $303,000 | $737,000 | $81,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $302,000 | $151,000 | $158,000 | $88,000 | $119,000 |
| Mortgage Insurance Denied | 1 | $350,000 | $350,000 | $350,000 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bay Equity LLC's 2012 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Bay Equity LLC's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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