Bay Equity LLC Mortgage Lending & HMDA Data, 2022
In 2022, Bay Equity LLC of Detroit, MI reported 20,466 mortgage applications totaling $8.3 billion, down 37% from 2021. The average application was for $404,762, and applicants reported an average income of $141,920. 63% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (1,070), Minneapolis-St. Paul-Bloomington, MN-WI (989) and Chicago-Naperville, IL (968) (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 | 20,466 |
| Total Mortgage Loan Application Amount | $8,283,870,000 |
| Average Mortgage Loan Application Amount | $404,762 |
| Highest Mortgage Loan Application Amount | $3,615,000 |
| Average Applicant Income | $141,920 |
| Highest Applicant Income | $5,161,000 |
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Act (HMDA) records Bay Equity LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Outside any metro area | 2,337 | $ 794,325,000 | $ 339,890 | $ 122,458 |
| Phoenix-Mesa-Scottsdale, AZ | 1,070 | $ 433,540,000 | $ 405,177 | $ 143,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 989 | $ 300,875,000 | $ 304,221 | $ 110,414 |
| Chicago-Naperville, IL | 968 | $ 279,620,000 | $ 288,863 | $ 118,000 |
| Atlanta-Sandy Springs-Roswell, GA | 888 | $ 335,880,000 | $ 378,243 | $ 144,000 |
| Seattle-Bellevue-Everett, WA | 703 | $ 388,055,000 | $ 551,998 | $ 175,000 |
| Tacoma-Lakewood, WA | 616 | $ 276,960,000 | $ 449,610 | $ 131,000 |
| San Diego-Carlsbad, CA | 592 | $ 381,220,000 | $ 643,952 | $ 199,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 408 | $ 190,940,000 | $ 467,990 | $ 168,500 |
| Denver-Aurora-Lakewood, CO | 399 | $ 194,865,000 | $ 488,383 | $ 158,000 |
| Colorado Springs, CO | 392 | $ 154,470,000 | $ 394,056 | $ 114,000 |
| Grand Junction, CO | 387 | $ 127,735,000 | $ 330,064 | $ 112,000 |
| Houston-The Woodlands-Sugar Land, TX | 320 | $ 115,420,000 | $ 360,687 | $ 159,000 |
| Los Angeles-Long Beach-Glendale, CA | 319 | $ 185,215,000 | $ 580,611 | $ 160,000 |
| Louisville/Jefferson County, KY-IN | 293 | $ 58,625,000 | $ 200,085 | $ 85,204 |
| Oakland-Hayward-Berkeley, CA | 286 | $ 215,180,000 | $ 752,377 | $ 224,000 |
| Hartford-West Hartford-East Hartford, CT | 261 | $ 58,925,000 | $ 225,766 | $ 102,000 |
| Riverside-San Bernardino-Ontario, CA | 251 | $ 107,635,000 | $ 428,824 | $ 128,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 235 | $ 132,705,000 | $ 564,702 | $ 222,000 |
| Reno, NV | 229 | $ 102,825,000 | $ 449,017 | $ 154,000 |
| Dallas-Plano-Irving, TX | 215 | $ 95,105,000 | $ 442,348 | $ 194,000 |
| St. George, UT | 209 | $ 89,885,000 | $ 430,071 | $ 149,000 |
| Baltimore-Columbia-Towson, MD | 194 | $ 78,620,000 | $ 405,257 | $ 155,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 190 | $ 81,160,000 | $ 427,157 | $ 141,000 |
| Las Vegas-Henderson-Paradise, NV | 175 | $ 61,915,000 | $ 353,800 | $ 148,000 |
| Lake County-Kenosha County, IL-WI | 174 | $ 44,500,000 | $ 255,747 | $ 108,931 |
| Kansas City, MO-KS | 171 | $ 50,835,000 | $ 297,280 | $ 139,152 |
| Fresno, CA | 162 | $ 57,750,000 | $ 356,481 | $ 204,000 |
| Albuquerque, NM | 149 | $ 41,615,000 | $ 279,295 | $ 115,000 |
| Cambridge-Newton-Framingham, MA | 147 | $ 68,275,000 | $ 464,455 | $ 152,000 |
| Anaheim-Santa Ana-Irvine, CA | 142 | $ 100,590,000 | $ 708,380 | $ 220,000 |
| Olympia-Tumwater, WA | 141 | $ 58,335,000 | $ 413,723 | $ 125,000 |
| Boston, MA | 140 | $ 67,050,000 | $ 478,928 | $ 131,000 |
| Austin-Round Rock, TX | 133 | $ 63,005,000 | $ 473,721 | $ 186,000 |
| Washington-Baltimore-Arlington, DC | 126 | $ 61,260,000 | $ 486,190 | $ 161,000 |
| Asheville, NC | 124 | $ 47,220,000 | $ 380,806 | $ 162,000 |
| Worcester, MA-CT | 122 | $ 38,660,000 | $ 316,885 | $ 112,524 |
| Elgin, IL | 120 | $ 33,320,000 | $ 277,666 | $ 113,000 |
| Charlotte-Concord-Gastonia, NC-SC | 116 | $ 34,590,000 | $ 298,189 | $ 99,017 |
| Montgomery, AL | 116 | $ 25,610,000 | $ 220,775 | $ 81,000 |
| Columbia, SC | 114 | $ 28,050,000 | $ 246,052 | $ 100,000 |
| Tucson, AZ | 109 | $ 32,055,000 | $ 294,082 | $ 123,000 |
| Tampa-St. Petersburg-Clearwater, FL | 108 | $ 34,640,000 | $ 320,740 | $ 141,000 |
| Lewiston, ID-WA | 100 | $ 25,940,000 | $ 259,400 | $ 73,680 |
| Boise City, ID | 96 | $ 40,150,000 | $ 418,229 | $ 158,000 |
| Orlando-Kissimmee-Sanford, FL | 96 | $ 31,860,000 | $ 331,875 | $ 139,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 91 | $ 42,125,000 | $ 462,912 | $ 146,000 |
| Oklahoma City, OK | 89 | $ 26,405,000 | $ 296,685 | $ 135,000 |
| Jacksonville, FL | 78 | $ 22,690,000 | $ 290,897 | $ 83,000 |
| Port St. Lucie, FL | 77 | $ 25,735,000 | $ 334,220 | $ 91,000 |
| Mount Vernon-Anacortes, WA | 75 | $ 28,785,000 | $ 383,800 | $ 110,000 |
| Cape Coral-Fort Myers, FL | 74 | $ 22,880,000 | $ 309,189 | $ 146,000 |
| Bremerton-Silverdale, WA | 73 | $ 31,855,000 | $ 436,369 | $ 146,000 |
| Stockton-Lodi, CA | 71 | $ 32,615,000 | $ 459,366 | $ 164,000 |
| Fort Worth-Arlington, TX | 70 | $ 23,290,000 | $ 332,714 | $ 117,000 |
| Knoxville, TN | 69 | $ 18,745,000 | $ 271,666 | $ 115,000 |
| Rockingham County-Strafford County, NH | 69 | $ 24,365,000 | $ 353,115 | $ 130,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 68 | $ 59,430,000 | $ 873,970 | $ 264,000 |
| Providence-Warwick, RI-MA | 66 | $ 26,060,000 | $ 394,848 | $ 112,545 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 63 | $ 28,455,000 | $ 451,666 | $ 154,000 |
| Manchester-Nashua, NH | 62 | $ 21,670,000 | $ 349,516 | $ 124,000 |
| New Haven-Milford, CT | 61 | $ 15,115,000 | $ 247,786 | $ 101,000 |
| Salt Lake City, UT | 57 | $ 27,965,000 | $ 490,614 | $ 148,000 |
| San Antonio-New Braunfels, TX | 53 | $ 16,865,000 | $ 318,207 | $ 130,000 |
| Brunswick, GA | 52 | $ 18,200,000 | $ 350,000 | $ 151,000 |
| Palm Bay-Melbourne-Titusville, FL | 51 | $ 15,275,000 | $ 299,509 | $ 91,000 |
| Prescott Valley-Prescott, AZ | 48 | $ 19,270,000 | $ 401,458 | $ 159,000 |
| Spokane-Spokane Valley, WA | 48 | $ 14,770,000 | $ 307,708 | $ 105,000 |
| San Francisco-Redwood City-South San Francisco, CA | 46 | $ 48,280,000 | $ 1,049,565 | $ 301,000 |
| Charleston-North Charleston, SC | 44 | $ 15,660,000 | $ 355,909 | $ 109,000 |
| Milwaukee-Waukesha-West Allis, WI | 44 | $ 9,820,000 | $ 223,181 | $ 112,000 |
| Punta Gorda, FL | 44 | $ 12,950,000 | $ 294,318 | $ 148,000 |
| Vallejo-Fairfield, CA | 42 | $ 21,810,000 | $ 519,285 | $ 158,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 40 | $ 11,600,000 | $ 290,000 | $ 112,000 |
| Ogden-Clearfield, UT | 40 | $ 15,310,000 | $ 382,750 | $ 129,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 37 | $ 13,635,000 | $ 368,513 | $ 152,000 |
| Provo-Orem, UT | 37 | $ 15,895,000 | $ 429,594 | $ 165,000 |
| Urban Honolulu, HI | 37 | $ 27,965,000 | $ 755,810 | $ 164,000 |
| Springfield, MA | 36 | $ 9,920,000 | $ 275,555 | $ 95,000 |
| Rochester, MN | 35 | $ 7,845,000 | $ 224,142 | $ 82,000 |
| Bakersfield, CA | 34 | $ 11,190,000 | $ 329,117 | $ 329,000 |
| Salinas, CA | 34 | $ 20,010,000 | $ 588,529 | $ 157,000 |
| St. Cloud, MN | 34 | $ 8,320,000 | $ 244,705 | $ 79,000 |
| St. Louis, MO-IL | 34 | $ 8,420,000 | $ 247,647 | $ 107,735 |
| Raleigh, NC | 32 | $ 12,370,000 | $ 386,562 | $ 131,000 |
| Indianapolis-Carmel-Anderson, IN | 29 | $ 8,515,000 | $ 293,620 | $ 108,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 29 | $ 8,425,000 | $ 290,517 | $ 120,000 |
| Montgomery County-Bucks County-Chester County, PA | 26 | $ 9,300,000 | $ 357,692 | $ 158,000 |
| Philadelphia, PA | 26 | $ 7,490,000 | $ 288,076 | $ 110,000 |
| Pueblo, CO | 26 | $ 7,580,000 | $ 291,538 | $ 84,000 |
| Cleveland-Elyria, OH | 25 | $ 6,435,000 | $ 257,400 | $ 146,000 |
| Fort Collins, CO | 25 | $ 10,585,000 | $ 423,400 | $ 338,000 |
| Greeley, CO | 25 | $ 11,185,000 | $ 447,400 | $ 132,000 |
| New York-Jersey City-White Plains, NY-NJ | 25 | $ 15,185,000 | $ 607,400 | $ 206,000 |
| Newark, NJ-PA | 25 | $ 12,045,000 | $ 481,800 | $ 175,000 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 25 | $ 14,165,000 | $ 566,600 | $ 248,000 |
| Savannah, GA | 25 | $ 6,655,000 | $ 266,200 | $ 117,000 |
| Warren-Troy-Farmington Hills, MI | 24 | $ 6,600,000 | $ 275,000 | $ 126,000 |
| Modesto, CA | 23 | $ 7,695,000 | $ 334,565 | $ 127,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 23 | $ 7,475,000 | $ 325,000 | $ 155,000 |
| Bellingham, WA | 22 | $ 11,940,000 | $ 542,727 | $ 156,000 |
| New York-Newark, NY | 22 | $ 9,080,000 | $ 412,727 | $ 150,000 |
| Santa Cruz-Watsonville, CA | 22 | $ 16,160,000 | $ 734,545 | $ 230,000 |
| Greenville-Anderson-Mauldin, SC | 21 | $ 5,945,000 | $ 283,095 | $ 121,000 |
| Naples-Immokalee-Marco Island, FL | 21 | $ 9,385,000 | $ 446,904 | $ 175,000 |
| Norwich-New London, CT | 21 | $ 5,255,000 | $ 250,238 | $ 116,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 21 | $ 13,735,000 | $ 654,047 | $ 185,000 |
| Portland-South Portland, ME | 21 | $ 7,505,000 | $ 357,380 | $ 134,000 |
| Boulder, CO | 20 | $ 15,530,000 | $ 776,500 | $ 489,000 |
| Clarksville, TN-KY | 20 | $ 5,740,000 | $ 287,000 | $ 98,850 |
| New Orleans-Metairie, LA | 20 | $ 5,930,000 | $ 296,500 | $ 141,000 |
| Duluth, MN-WI | 19 | $ 3,445,000 | $ 181,315 | $ 78,105 |
| Lakeland-Winter Haven, FL | 19 | $ 5,655,000 | $ 297,631 | $ 112,000 |
| North Port-Sarasota-Bradenton, FL | 19 | $ 5,625,000 | $ 296,052 | $ 274,000 |
| Salem, OR | 19 | $ 6,765,000 | $ 356,052 | $ 96,000 |
| Tulsa, OK | 18 | $ 3,820,000 | $ 212,222 | $ 82,000 |
| Chattanooga, TN-GA | 17 | $ 4,995,000 | $ 293,823 | $ 129,823 |
| Santa Rosa, CA | 17 | $ 11,695,000 | $ 687,941 | $ 227,000 |
| Ann Arbor, MI | 16 | $ 6,640,000 | $ 415,000 | $ 185,000 |
| Camden, NJ | 16 | $ 4,360,000 | $ 272,500 | $ 135,000 |
| Pittsfield, MA | 16 | $ 4,300,000 | $ 268,750 | $ 128,000 |
| Columbus, OH | 15 | $ 4,375,000 | $ 291,666 | $ 114,000 |
| Gainesville, GA | 15 | $ 6,255,000 | $ 417,000 | $ 161,000 |
| Gary, IN | 15 | $ 3,615,000 | $ 241,000 | $ 91,000 |
| Madera, CA | 15 | $ 4,625,000 | $ 308,333 | $ 132,000 |
| Miami-Miami Beach-Kendall, FL | 15 | $ 7,965,000 | $ 531,000 | $ 198,000 |
| Birmingham-Hoover, AL | 14 | $ 3,490,000 | $ 249,285 | $ 90,000 |
| Longview, WA | 14 | $ 5,020,000 | $ 358,571 | $ 107,000 |
| Visalia-Porterville, CA | 14 | $ 4,230,000 | $ 302,142 | $ 280,000 |
| Durham-Chapel Hill, NC | 13 | $ 5,815,000 | $ 447,307 | $ 153,000 |
| Richmond, VA | 13 | $ 4,305,000 | $ 331,153 | $ 116,000 |
| Sebastian-Vero Beach, FL | 13 | $ 3,765,000 | $ 289,615 | $ 76,000 |
| Memphis, TN-MS-AR | 12 | $ 4,120,000 | $ 343,333 | $ 141,166 |
| Ocala, FL | 12 | $ 2,760,000 | $ 230,000 | $ 122,000 |
| Bend-Redmond, OR | 11 | $ 5,245,000 | $ 476,818 | $ 173,000 |
| Bridgeport-Stamford-Norwalk, CT | 11 | $ 4,755,000 | $ 432,272 | $ 167,000 |
| Corvallis, OR | 11 | $ 3,815,000 | $ 346,818 | $ 102,000 |
| Flagstaff, AZ | 11 | $ 4,065,000 | $ 369,545 | $ 180,000 |
| Lake Havasu City-Kingman, AZ | 11 | $ 3,215,000 | $ 292,272 | $ 122,000 |
| Omaha-Council Bluffs, NE-IA | 11 | $ 2,225,000 | $ 202,272 | $ 82,000 |
| Pensacola-Ferry Pass-Brent, FL | 11 | $ 3,685,000 | $ 335,000 | $ 130,000 |
| Pittsburgh, PA | 11 | $ 2,885,000 | $ 262,272 | $ 150,000 |
| Spartanburg, SC | 11 | $ 3,325,000 | $ 302,272 | $ 89,000 |
| Barnstable Town, MA | 10 | $ 5,150,000 | $ 515,000 | $ 230,000 |
| Carson City, NV | 10 | $ 3,640,000 | $ 364,000 | $ 108,000 |
| Crestview-Fort Walton Beach-Destin, FL | 10 | $ 6,670,000 | $ 667,000 | $ 241,000 |
| Elizabethtown-Fort Knox, KY | 10 | $ 1,490,000 | $ 149,000 | $ 66,000 |
| San Rafael, CA | 10 | $ 11,150,000 | $ 1,115,000 | $ 436,000 |
| Cincinnati, OH-KY-IN | 9 | $ 2,185,000 | $ 242,777 | $ 103,333 |
| Corpus Christi, TX | 9 | $ 2,285,000 | $ 253,888 | $ 110,000 |
| Hagerstown-Martinsburg, MD-WV | 9 | $ 2,575,000 | $ 286,111 | $ 102,888 |
| Merced, CA | 9 | $ 3,005,000 | $ 333,888 | $ 115,000 |
| California-Lexington Park, MD | 8 | $ 3,730,000 | $ 466,250 | $ 152,000 |
| Cleveland, TN | 8 | $ 1,940,000 | $ 242,500 | $ 112,000 |
| Detroit-Dearborn-Livonia, MI | 8 | $ 1,950,000 | $ 243,750 | $ 134,000 |
| Eugene, OR | 8 | $ 3,220,000 | $ 402,500 | $ 108,000 |
| Lewiston-Auburn, ME | 8 | $ 1,660,000 | $ 207,500 | $ 59,000 |
| Mankato-North Mankato, MN | 8 | $ 1,630,000 | $ 203,750 | $ 71,000 |
| Santa Fe, NM | 8 | $ 2,660,000 | $ 332,500 | $ 118,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 7 | $ 2,345,000 | $ 335,000 | $ 133,857 |
| Columbus, GA-AL | 7 | $ 1,085,000 | $ 155,000 | $ 61,000 |
| Huntsville, AL | 7 | $ 1,995,000 | $ 285,000 | $ 123,000 |
| Killeen-Temple, TX | 7 | $ 2,545,000 | $ 363,571 | $ 158,000 |
| Lansing-East Lansing, MI | 7 | $ 1,465,000 | $ 209,285 | $ 90,000 |
| Morristown, TN | 7 | $ 1,215,000 | $ 173,571 | $ 73,000 |
| Santa Maria-Santa Barbara, CA | 7 | $ 4,565,000 | $ 652,142 | $ 268,000 |
| Sherman-Denison, TX | 7 | $ 1,515,000 | $ 216,428 | $ 128,000 |
| Wenatchee, WA | 7 | $ 3,615,000 | $ 516,428 | $ 256,000 |
| Coeur D'Alene, ID | 6 | $ 2,150,000 | $ 358,333 | $ 114,000 |
| Great Falls, MT | 6 | $ 1,040,000 | $ 173,333 | $ 165,000 |
| Greensboro-High Point, NC | 6 | $ 1,600,000 | $ 266,666 | $ 131,000 |
| Kennewick-Richland, WA | 6 | $ 2,150,000 | $ 358,333 | $ 116,000 |
| Madison, WI | 6 | $ 1,390,000 | $ 231,666 | $ 94,000 |
| Pocatello, ID | 6 | $ 1,150,000 | $ 191,666 | $ 60,000 |
| Salisbury, MD-DE | 6 | $ 1,770,000 | $ 295,000 | $ 165,000 |
| The Villages, FL | 6 | $ 2,320,000 | $ 386,666 | $ 109,000 |
| Trenton, NJ | 6 | $ 2,320,000 | $ 386,666 | $ 163,000 |
| Warner Robins, GA | 6 | $ 1,470,000 | $ 245,000 | $ 54,000 |
| Wilmington, DE-MD-NJ | 6 | $ 1,650,000 | $ 275,000 | $ 189,000 |
| Winchester, VA-WV | 6 | $ 2,210,000 | $ 368,333 | $ 140,000 |
| Yuba City, CA | 6 | $ 2,340,000 | $ 390,000 | $ 106,000 |
| Dayton-Springfield-Kettering, OH | 5 | $ 1,045,000 | $ 209,000 | $ 105,000 |
| Lexington-Fayette, KY | 5 | $ 1,275,000 | $ 255,000 | $ 70,000 |
| Rockford, IL | 5 | $ 855,000 | $ 171,000 | $ 92,000 |
| Sierra Vista-Douglas, AZ | 5 | $ 1,065,000 | $ 213,000 | $ 170,000 |
| Akron, OH | 4 | $ 1,260,000 | $ 315,000 | $ 136,000 |
| Baton Rouge, LA | 4 | $ 1,230,000 | $ 307,500 | $ 85,000 |
| Billings, MT | 4 | $ 1,300,000 | $ 325,000 | $ 103,000 |
| Burlington, NC | 4 | $ 1,810,000 | $ 452,500 | $ 126,000 |
| Casper, WY | 4 | $ 1,000,000 | $ 250,000 | $ 133,000 |
| El Centro, CA | 4 | $ 700,000 | $ 175,000 | $ 45,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 4 | $ 950,000 | $ 237,500 | $ 112,000 |
| Hickory-Lenoir-Morganton, NC | 4 | $ 970,000 | $ 242,500 | $ 82,000 |
| Hilton Head Island-Bluffton-Beaufort, SC | 4 | $ 2,150,000 | $ 537,500 | $ 214,000 |
| Janesville-Beloit, WI | 4 | $ 620,000 | $ 155,000 | $ 53,000 |
| Medford, OR | 4 | $ 1,260,000 | $ 315,000 | $ 102,000 |
| Missoula, MT | 4 | $ 1,750,000 | $ 437,500 | $ 143,000 |
| St. Joseph, MO-KS | 4 | $ 640,000 | $ 160,000 | $ 93,000 |
| Topeka, KS | 4 | $ 860,000 | $ 215,000 | $ 90,000 |
| Twin Falls, ID | 4 | $ 1,460,000 | $ 365,000 | $ 182,000 |
| Winston-Salem, NC | 4 | $ 1,090,000 | $ 272,500 | $ 88,000 |
| Albany, OR | 3 | $ 805,000 | $ 268,333 | $ 98,000 |
| Atlantic City-Hammonton, NJ | 3 | $ 715,000 | $ 238,333 | $ 96,000 |
| Auburn-Opelika, AL | 3 | $ 875,000 | $ 291,666 | $ 119,000 |
| Brownsville-Harlingen, TX | 3 | $ 575,000 | $ 191,666 | $ 65,000 |
| Cheyenne, WY | 3 | $ 1,725,000 | $ 575,000 | $ 141,000 |
| Chico, CA | 3 | $ 1,105,000 | $ 368,333 | $ 139,000 |
| Daphne-Fairhope-Foley, AL | 3 | $ 1,055,000 | $ 351,666 | $ 118,000 |
| Des Moines-West Des Moines, IA | 3 | $ 645,000 | $ 215,000 | $ 79,000 |
| El Paso, TX | 3 | $ 605,000 | $ 201,666 | $ 123,000 |
| Gainesville, FL | 3 | $ 715,000 | $ 238,333 | $ 193,000 |
| Harrisburg-Carlisle, PA | 3 | $ 765,000 | $ 255,000 | $ 121,000 |
| Idaho Falls, ID | 3 | $ 1,055,000 | $ 351,666 | $ 64,000 |
| Kahului-Wailuku-Lahaina, HI | 3 | $ 1,885,000 | $ 628,333 | $ 184,000 |
| Kingsport-Bristol-Bristol, TN-VA | 3 | $ 835,000 | $ 278,333 | $ 87,000 |
| Longview, TX | 3 | $ 875,000 | $ 291,666 | $ 60,000 |
| Macon-Bibb County, GA | 3 | $ 435,000 | $ 145,000 | $ 80,000 |
| Niles-Benton Harbor, MI | 3 | $ 1,115,000 | $ 371,666 | $ 107,000 |
| Panama City, FL | 3 | $ 1,415,000 | $ 471,666 | $ 125,000 |
| Peoria, IL | 3 | $ 535,000 | $ 178,333 | $ 71,000 |
| Racine, WI | 3 | $ 775,000 | $ 258,333 | $ 101,000 |
| Tallahassee, FL | 3 | $ 415,000 | $ 138,333 | $ 50,000 |
| Vineland-Bridgeton, NJ | 3 | $ 785,000 | $ 261,666 | $ 122,000 |
| Yuma, AZ | 3 | $ 785,000 | $ 261,666 | $ 147,000 |
| Albany, GA | 2 | $ 520,000 | $ 260,000 | $ 64,000 |
| Athens-Clarke County, GA | 2 | $ 360,000 | $ 180,000 | $ 215,000 |
| Augusta-Richmond County, GA-SC | 2 | $ 1,100,000 | $ 550,000 | $ 145,500 |
| College Station-Bryan, TX | 2 | $ 870,000 | $ 435,000 | $ 119,000 |
| Dalton, GA | 2 | $ 480,000 | $ 240,000 | $ 64,000 |
| Davenport-Moline-Rock Island, IA-IL | 2 | $ 310,000 | $ 155,000 | $ 54,000 |
| Dover, DE | 2 | $ 650,000 | $ 325,000 | $ 145,000 |
| Eau Claire, WI | 2 | $ 460,000 | $ 230,000 | $ 55,000 |
| Fargo, ND-MN | 2 | $ 650,000 | $ 325,000 | $ 248,500 |
| Fayetteville, NC | 2 | $ 840,000 | $ 420,000 | $ 163,000 |
| Fort Wayne, IN | 2 | $ 390,000 | $ 195,000 | $ 51,000 |
| Gettysburg, PA | 2 | $ 870,000 | $ 435,000 | $ 172,000 |
| Grand Forks, ND-MN | 2 | $ 260,000 | $ 130,000 | $ 65,000 |
| Grand Rapids-Wyoming, MI | 2 | $ 330,000 | $ 165,000 | $ 92,000 |
| Green Bay, WI | 2 | $ 640,000 | $ 320,000 | $ 81,000 |
| Hanford-Corcoran, CA | 2 | $ 510,000 | $ 255,000 | $ 59,000 |
| Homosassa Springs, FL | 2 | $ 900,000 | $ 450,000 | $ 95,000 |
| Jackson, TN | 2 | $ 380,000 | $ 190,000 | $ 71,000 |
| Kankakee, IL | 2 | $ 350,000 | $ 175,000 | $ 70,000 |
| Lafayette, LA | 2 | $ 510,000 | $ 255,000 | $ 129,000 |
| Lawrence, KS | 2 | $ 460,000 | $ 230,000 | $ 108,000 |
| Lawton, OK | 2 | $ 310,000 | $ 155,000 | $ 83,000 |
| Lincoln, NE | 2 | $ 430,000 | $ 215,000 | $ 80,000 |
| Ocean City, NJ | 2 | $ 640,000 | $ 320,000 | $ 219,000 |
| Rapid City, SD | 2 | $ 340,000 | $ 170,000 | $ 65,000 |
| Rome, GA | 2 | $ 550,000 | $ 275,000 | $ 112,000 |
| Walla Walla, WA | 2 | $ 480,000 | $ 240,000 | $ 226,000 |
| Wilmington, NC | 2 | $ 1,700,000 | $ 850,000 | $ 189,000 |
| Yakima, WA | 2 | $ 470,000 | $ 235,000 | $ 169,000 |
| Anniston-Oxford-Jacksonville, AL | 1 | $ 275,000 | $ 275,000 | $ 136,000 |
| Bangor, ME | 1 | $ 705,000 | $ 705,000 | $ 340,000 |
| Battle Creek, MI | 1 | $ 175,000 | $ 175,000 | $ 83,000 |
| Bismarck, ND | 1 | $ 185,000 | $ 185,000 | $ 85,000 |
| Bowling Green, KY | 1 | $ 125,000 | $ 125,000 | $ 70,000 |
| Champaign-Urbana, IL | 1 | $ 75,000 | $ 75,000 | $ 175,000 |
| Columbia, MO | 1 | $ 195,000 | $ 195,000 | $ 123,000 |
| Dothan, AL | 1 | $ 245,000 | $ 245,000 | $ 62,000 |
| Florence, SC | 1 | $ 215,000 | $ 215,000 | $ 50,000 |
| Fond Du Lac, WI | 1 | $ 225,000 | $ 225,000 | $ 77,000 |
| Fort Smith, AR-OK | 1 | $ 155,000 | $ 155,000 | $ 168,000 |
| Goldsboro, NC | 1 | $ 195,000 | $ 195,000 | $ 39,000 |
| Grants Pass, OR | 1 | $ 65,000 | $ 65,000 | $ 54,000 |
| Greenville, NC | 1 | $ 435,000 | $ 435,000 | $ 198,000 |
| Gulfport-Biloxi-Pascagoula, MS | 1 | $ 195,000 | $ 195,000 | $ 52,000 |
| Hinesville, GA | 1 | $ 175,000 | $ 175,000 | $ 42,000 |
| Hot Springs, AR | 1 | $ 225,000 | $ 225,000 | $ 100,000 |
| Jackson, MI | 1 | $ 165,000 | $ 165,000 | $ 86,000 |
| Jackson, MS | 1 | $ 555,000 | $ 555,000 | $ 244,000 |
| Jacksonville, NC | 1 | $ 175,000 | $ 175,000 | $ 125,000 |
| Johnson City, TN | 1 | $ 365,000 | $ 365,000 | $ 84,000 |
| La Crosse-Onalaska, WI-MN | 1 | $ 195,000 | $ 195,000 | $ 54,000 |
| Lancaster, PA | 1 | $ 165,000 | $ 165,000 | $ 44,000 |
| Little Rock-North Little Rock-Conway, AR | 1 | $ 155,000 | $ 155,000 | $ 62,000 |
| Logan, UT-ID | 1 | $ 325,000 | $ 325,000 | $ 20,000 |
| Midland, TX | 1 | $ 185,000 | $ 185,000 | $ 158,000 |
| Monroe, MI | 1 | $ 345,000 | $ 345,000 | $ 93,000 |
| Muncie, IN | 1 | $ 145,000 | $ 145,000 | $ 44,000 |
| Napa, CA | 1 | $ 635,000 | $ 635,000 | $ 126,000 |
| Oshkosh-Neenah, WI | 1 | $ 245,000 | $ 245,000 | $ 273,000 |
| Reading, PA | 1 | $ 195,000 | $ 195,000 | $ 129,000 |
| South Bend-Mishawaka, IN-MI | 1 | $ 285,000 | $ 285,000 | $ 113,000 |
| Texarkana, TX-AR | 1 | $ 365,000 | $ 365,000 | $ 110,000 |
| Toledo, OH | 1 | $ 255,000 | $ 255,000 | $ 130,000 |
| Valdosta, GA | 1 | $ 235,000 | $ 235,000 | $ 63,000 |
| Victoria, TX | 1 | $ 275,000 | $ 275,000 | $ 105,000 |
| Waco, TX | 1 | $ 155,000 | $ 155,000 | $ 563,000 |
| Wichita Falls, TX | 1 | $ 385,000 | $ 385,000 | $ 141,000 |
| Wichita, KS | 1 | $ 55,000 | $ 55,000 | $ 161,000 |
| York-Hanover, PA | 1 | $ 645,000 | $ 645,000 | $ 236,000 |
| Youngstown-Warren-Boardman, OH-PA | 1 | $ 75,000 | $ 75,000 | $ 44,000 |
Mortgage Loan Application Detail Totals for Bay Equity LLC in 2022
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 16,854 | $7,006,370,000 | $415,000 | $3,615,000 | $144,000 | $5,009,000 |
| Cash-out Refinancing | 2,468 | $865,730,000 | $350,000 | $2,845,000 | $130,000 | $4,122,000 |
| Refinancing | 1,144 | $411,770,000 | $359,000 | $2,805,000 | $137,000 | $5,161,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 11,559 | $4,536,305,000 | $392,000 | $3,525,000 | $143,000 | $5,161,000 |
| Not Provided | 2,779 | $1,266,765,000 | $455,000 | $3,615,000 | $164,000 | $5,009,000 |
| Hispanic | 2,601 | $958,595,000 | $368,000 | $2,305,000 | $109,000 | $1,419,000 |
| Asian | 1,779 | $896,895,000 | $504,000 | $3,525,000 | $171,000 | $1,433,000 |
| Black or African American | 1,442 | $493,930,000 | $342,000 | $1,915,000 | $112,000 | $1,200,000 |
| American Indian or Alaskan Native | 135 | $47,915,000 | $354,000 | $1,065,000 | $123,000 | $472,000 |
| Native Hawaiian or Other Pacific Islander | 86 | $38,090,000 | $442,000 | $1,025,000 | $163,000 | $3,177,000 |
| 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) | 15,693 | $6,544,465,000 | $417,000 | $3,615,000 | $155,000 | $5,161,000 |
| FHA-insured (Federal Housing Administration) | 3,261 | $1,072,925,000 | $329,000 | $1,375,000 | $91,000 | $528,000 |
| VA-guaranteed (Veterans Administration) | 1,381 | $633,545,000 | $458,000 | $2,405,000 | $118,000 | $965,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 131 | $32,935,000 | $251,000 | $705,000 | $72,000 | $164,000 |
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 | 12,990 | $5,014,320,000 | $386,000 | $3,525,000 | $137,000 | $4,905,000 |
| File Closed For Incompleteness | 2,584 | $1,116,900,000 | $432,000 | $3,615,000 | $158,000 | $4,122,000 |
| Application Withdrawn By Applicant | 2,349 | $935,415,000 | $398,000 | $3,325,000 | $149,000 | $5,009,000 |
| Application Denied By Financial Institution | 1,307 | $519,355,000 | $397,000 | $2,845,000 | $133,000 | $5,161,000 |
| Preapproval Approved but not Accepted | 868 | $519,450,000 | $598,000 | $2,805,000 | $166,000 | $1,394,000 |
| Preapproval Denied by Financial Institution | 252 | $138,730,000 | $550,000 | $2,555,000 | $135,000 | $1,392,000 |
| Application Approved But Not Accepted | 116 | $39,700,000 | $342,000 | $1,265,000 | $130,000 | $820,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Not applicable | 18,907 | $7,625,785,000 | $403,000 | $3,615,000 | $142,000 | $5,009,000 |
| Debt-To-Income Ratio | 521 | $235,835,000 | $452,000 | $2,845,000 | $121,000 | $5,161,000 |
| Collateral | 422 | $150,820,000 | $357,000 | $2,335,000 | $134,000 | $1,556,000 |
| Employment History | 305 | $137,805,000 | $451,000 | $2,085,000 | $143,000 | $1,566,000 |
| Credit History | 168 | $69,320,000 | $412,000 | $1,765,000 | $139,000 | $1,012,000 |
| Unverifiable Information | 130 | $59,580,000 | $458,000 | $1,765,000 | $151,000 | $910,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $3,065,000 | $340,000 | $925,000 | $108,000 | $287,000 |
| Credit Application Incomplete | 3 | $1,505,000 | $501,000 | $595,000 | $161,000 | $310,000 |
| Other | 1 | $155,000 | $155,000 | $155,000 | $45,000 | $45,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bay Equity LLC's 2022 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.
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