Bay Equity LLC Mortgage Lending & HMDA Data, 2013
In 2013, Bay Equity LLC of Detroit, MI reported 9,238 mortgage applications totaling $3.0 billion, up 28% from 2012. The average application was for $322,427, and applicants reported an average income of $120,001. 52% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,337), Seattle-Bellevue-Everett, WA (977) and Santa Ana-Anaheim-Irvine, CA (742) (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 | 9,238 |
| Total Mortgage Loan Application Amount | $2,978,581,000 |
| Average Mortgage Loan Application Amount | $322,427 |
| Highest Mortgage Loan Application Amount | $3,250,000 |
| Average Applicant Income | $120,001 |
| Highest Applicant Income | $7,440,000 |
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Act (HMDA) records Bay Equity LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Los Angeles-Long Beach-Glendale, CA | 1,337 | $ 511,187,000 | $ 382,338 | $ 137,000 |
| Seattle-Bellevue-Everett, WA | 977 | $ 269,852,000 | $ 276,204 | $ 99,000 |
| Santa Ana-Anaheim-Irvine, CA | 742 | $ 313,265,000 | $ 422,190 | $ 151,000 |
| Oakland-Fremont-Hayward, CA | 714 | $ 251,358,000 | $ 352,042 | $ 124,000 |
| San Francisco-San Mateo-Redwood City, CA | 697 | $ 316,381,000 | $ 453,918 | $ 161,000 |
| San Diego-Carlsbad-San Marcos, CA | 579 | $ 206,671,000 | $ 356,944 | $ 149,000 |
| Riverside-San Bernardino-Ontario, CA | 574 | $ 147,290,000 | $ 256,602 | $ 113,000 |
| Tacoma, WA | 425 | $ 90,823,000 | $ 213,701 | $ 80,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 424 | $ 180,352,000 | $ 425,358 | $ 140,000 |
| Santa Rosa-Petaluma, CA | 303 | $ 96,410,000 | $ 318,184 | $ 105,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 299 | $ 69,989,000 | $ 234,076 | $ 91,521 |
| Sacramento--Arden-Arcade--Roseville, CA | 253 | $ 63,558,000 | $ 251,217 | $ 124,000 |
| Stockton, CA | 186 | $ 38,751,000 | $ 208,338 | $ 84,000 |
| Mount Vernon-Anacortes, WA | 121 | $ 25,021,000 | $ 206,785 | $ 68,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 112 | $ 43,348,000 | $ 387,035 | $ 148,000 |
| Olympia, WA | 104 | $ 21,719,000 | $ 208,836 | $ 82,000 |
| Phoenix-Mesa-Glendale, AZ | 86 | $ 17,809,000 | $ 207,081 | $ 98,000 |
| Honolulu, HI | 69 | $ 26,630,000 | $ 385,942 | $ 104,000 |
| Vallejo-Fairfield, CA | 66 | $ 16,763,000 | $ 253,984 | $ 107,000 |
| Wenatchee-East Wenatchee, WA | 65 | $ 14,325,000 | $ 220,384 | $ 74,000 |
| Bremerton-Silverdale, WA | 60 | $ 13,827,000 | $ 230,450 | $ 74,000 |
| Modesto, CA | 54 | $ 10,587,000 | $ 196,055 | $ 76,000 |
| Salem, OR | 42 | $ 7,840,000 | $ 186,666 | $ 63,000 |
| Spokane, WA | 41 | $ 6,932,000 | $ 169,073 | $ 86,000 |
| Bakersfield-Delano, CA | 40 | $ 7,101,000 | $ 177,525 | $ 74,000 |
| Longview, WA | 36 | $ 6,462,000 | $ 179,500 | $ 72,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 32 | $ 11,263,000 | $ 351,968 | $ 187,000 |
| Yuba City, CA | 32 | $ 5,666,000 | $ 177,062 | $ 79,000 |
| Salinas, CA | 29 | $ 10,730,000 | $ 370,000 | $ 125,000 |
| Las Vegas-Paradise, NV | 28 | $ 6,530,000 | $ 233,214 | $ 129,000 |
| Bellingham, WA | 27 | $ 5,685,000 | $ 210,555 | $ 66,000 |
| Dallas-Plano-Irving, TX | 26 | $ 5,615,000 | $ 215,961 | $ 98,000 |
| Santa Cruz-Watsonville, CA | 26 | $ 10,017,000 | $ 385,269 | $ 144,000 |
| Fresno, CA | 23 | $ 5,231,000 | $ 227,434 | $ 112,000 |
| Kennewick-Pasco-Richland, WA | 23 | $ 4,373,000 | $ 190,130 | $ 68,000 |
| Napa, CA | 22 | $ 8,050,000 | $ 365,909 | $ 137,000 |
| San Luis Obispo-Paso Robles, CA | 22 | $ 8,344,000 | $ 379,272 | $ 124,000 |
| Bend, OR | 21 | $ 4,298,000 | $ 204,666 | $ 81,000 |
| Yakima, WA | 19 | $ 3,095,000 | $ 162,894 | $ 67,000 |
| Denver-Aurora-Broomfield, CO | 18 | $ 6,238,000 | $ 346,555 | $ 103,000 |
| Eugene-Springfield, OR | 18 | $ 3,384,000 | $ 188,000 | $ 63,000 |
| Prescott, AZ | 16 | $ 4,332,000 | $ 270,750 | $ 98,000 |
| Salt Lake City, UT | 12 | $ 3,306,000 | $ 275,500 | $ 127,000 |
| Visalia-Porterville, CA | 12 | $ 2,226,000 | $ 185,500 | $ 65,000 |
| Merced, CA | 10 | $ 2,779,000 | $ 277,900 | $ 85,000 |
| Fort Worth-Arlington, TX | 7 | $ 1,023,000 | $ 146,142 | $ 79,000 |
| Medford, OR | 7 | $ 1,457,000 | $ 208,142 | $ 104,000 |
| El Centro, CA | 6 | $ 898,000 | $ 149,666 | $ 113,000 |
| Flagstaff, AZ | 6 | $ 1,561,000 | $ 260,166 | $ 107,000 |
| Redding, CA | 6 | $ 2,047,000 | $ 341,166 | $ 121,000 |
| Lake Havasu City-Kingman, AZ | 5 | $ 685,000 | $ 137,000 | $ 85,000 |
| Lewiston, ID-WA | 5 | $ 1,221,000 | $ 244,200 | $ 86,000 |
| Provo-Orem, UT | 5 | $ 1,090,000 | $ 218,000 | $ 81,000 |
| Boulder, CO | 4 | $ 1,742,000 | $ 435,500 | $ 140,000 |
| Corvallis, OR | 4 | $ 808,000 | $ 202,000 | $ 65,000 |
| Madera-Chowchilla, CA | 4 | $ 687,000 | $ 171,750 | $ 101,000 |
| Ogden-Clearfield, UT | 4 | $ 1,990,000 | $ 497,500 | $ 107,000 |
| Yuma, AZ | 4 | $ 735,000 | $ 183,750 | $ 93,000 |
| Chico, CA | 3 | $ 794,000 | $ 264,666 | $ 66,000 |
| Tucson, AZ | 3 | $ 554,000 | $ 184,666 | $ 58,000 |
| Boise City-Nampa, ID | 2 | $ 547,000 | $ 273,500 | $ 94,000 |
| Coeur D'Alene, ID | 2 | $ 270,000 | $ 135,000 | $ 41,000 |
| Fort Collins-Loveland, CO | 2 | $ 393,000 | $ 196,500 | $ 78,000 |
| Houston-Sugar Land-Baytown, TX | 2 | $ 308,000 | $ 154,000 | $ 83,000 |
| Greeley, CO | 1 | $ 239,000 | $ 239,000 | $ 87,000 |
| Hanford-Corcoran, CA | 1 | $ 345,000 | $ 345,000 | $ 81,000 |
| Pueblo, CO | 1 | $ 405,000 | $ 405,000 | $ 120,000 |
| Reno-Sparks, NV | 1 | $ 188,000 | $ 188,000 | $ 0 |
| San Antonio-New Braunfels, TX | 1 | $ 307,000 | $ 307,000 | $ 139,000 |
| Sherman-Denison, TX | 1 | $ 417,000 | $ 417,000 | $ 125,000 |
| St. George, UT | 1 | $ 200,000 | $ 200,000 | $ 47,000 |
| Tyler, TX | 1 | $ 276,000 | $ 276,000 | $ 240,000 |
| Waco, TX | 1 | $ 244,000 | $ 244,000 | $ 86,000 |
Mortgage Loan Application Detail Totals for Bay Equity LLC in 2013
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 | 5,867 | $1,948,562,000 | $332,000 | $2,070,000 | $129,000 | $7,440,000 |
| Home Purchase | 3,340 | $1,020,423,000 | $305,000 | $3,250,000 | $104,000 | $1,742,000 |
| Home Improvement | 31 | $9,596,000 | $309,000 | $626,000 | $141,000 | $647,000 |
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 | 5,355 | $1,708,181,000 | $318,000 | $3,250,000 | $122,000 | $5,064,000 |
| Not Provided | 1,345 | $500,257,000 | $371,000 | $2,070,000 | $149,000 | $7,440,000 |
| Hispanic | 1,108 | $299,849,000 | $270,000 | $1,464,000 | $84,000 | $1,325,000 |
| Asian | 1,044 | $360,646,000 | $345,000 | $1,400,000 | $122,000 | $2,150,000 |
| Black or African American | 210 | $61,743,000 | $294,000 | $895,000 | $99,000 | $1,139,000 |
| Native Hawaiian or Other Pacific Islander | 90 | $25,994,000 | $288,000 | $650,000 | $102,000 | $359,000 |
| Not applicable | 57 | $13,297,000 | $233,000 | $669,000 | $0 | $0 |
| American Indian or Alaskan Native | 29 | $8,614,000 | $297,000 | $884,000 | $111,000 | $365,000 |
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) | 7,085 | $2,361,822,000 | $333,000 | $3,250,000 | $133,000 | $7,440,000 |
| FHA-insured (Federal Housing Administration) | 1,479 | $420,936,000 | $284,000 | $956,000 | $76,000 | $1,139,000 |
| VA-guaranteed (Veterans Administration) | 546 | $169,260,000 | $310,000 | $1,089,000 | $82,000 | $633,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 128 | $26,563,000 | $207,000 | $626,000 | $55,000 | $206,000 |
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 | 4,832 | $1,551,662,000 | $321,000 | $1,885,000 | $119,000 | $3,985,000 |
| File Closed For Incompleteness | 2,783 | $881,702,000 | $316,000 | $2,070,000 | $124,000 | $7,440,000 |
| Application Withdrawn By Applicant | 721 | $247,722,000 | $343,000 | $1,500,000 | $128,000 | $2,400,000 |
| Application Approved But Not Accepted | 453 | $154,278,000 | $340,000 | $1,300,000 | $105,000 | $1,318,000 |
| Application Denied By Financial Institution | 392 | $129,920,000 | $331,000 | $3,250,000 | $116,000 | $2,150,000 |
| Loan Purchased By The Institution | 57 | $13,297,000 | $233,000 | $669,000 | $0 | $0 |
| 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 | 145 | $50,841,000 | $350,000 | $3,250,000 | $95,000 | $867,000 |
| Collateral | 62 | $18,082,000 | $291,000 | $884,000 | $155,000 | $720,000 |
| Other | 47 | $15,959,000 | $339,000 | $1,380,000 | $164,000 | $2,150,000 |
| Credit History | 44 | $12,801,000 | $290,000 | $721,000 | $79,000 | $291,000 |
| Unverifiable Information | 38 | $11,890,000 | $312,000 | $626,000 | $119,000 | $670,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $1,647,000 | $235,000 | $456,000 | $72,000 | $96,000 |
| Credit Application Incomplete | 6 | $1,796,000 | $299,000 | $417,000 | $84,000 | $182,000 |
| Employment History | 5 | $2,966,000 | $593,000 | $1,160,000 | $120,000 | $180,000 |
| Mortgage Insurance Denied | 1 | $290,000 | $290,000 | $290,000 | $111,000 | $111,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bay Equity LLC's 2013 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.
For a list of all lenders in Michigan, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About