Bay Equity LLC Mortgage Lending & HMDA Data, 2024
In 2024, Bay Equity LLC of Detroit, MI reported 14,943 mortgage applications totaling $6.4 billion, up 4% from 2023. The average application was for $426,110, and applicants reported an average income of $166,236. 65% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Chicago-Naperville, IL (1,085), Minneapolis-St. Paul-Bloomington, MN-WI (552) and Seattle-Bellevue-Everett, WA (495) (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 | 14,943 |
| Total Mortgage Loan Application Amount | $6,367,375,000 |
| Average Mortgage Loan Application Amount | $426,110 |
| Highest Mortgage Loan Application Amount | $5,605,000 |
| Average Applicant Income | $166,236 |
| Highest Applicant Income | $6,432,000 |
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Act (HMDA) records Bay Equity LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 1,865 | $ 832,425,000 | $ 446,340 | $ 158,595 |
| Chicago-Naperville, IL | 1,085 | $ 340,015,000 | $ 313,377 | $ 145,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 552 | $ 171,230,000 | $ 310,199 | $ 118,302 |
| Seattle-Bellevue-Everett, WA | 495 | $ 314,005,000 | $ 634,353 | $ 224,000 |
| Phoenix-Mesa-Scottsdale, AZ | 490 | $ 194,430,000 | $ 396,795 | $ 155,000 |
| Tacoma-Lakewood, WA | 432 | $ 209,480,000 | $ 484,907 | $ 152,000 |
| Arlington-Alexandria-Reston, VA-WV | 392 | $ 195,490,000 | $ 498,698 | $ 187,418 |
| Baltimore-Columbia-Towson, MD | 338 | $ 137,920,000 | $ 408,047 | $ 159,000 |
| Dallas-Plano-Irving, TX | 317 | $ 133,915,000 | $ 422,444 | $ 191,000 |
| San Diego-Carlsbad, CA | 310 | $ 217,020,000 | $ 700,064 | $ 247,000 |
| Washington-Baltimore-Arlington, DC | 296 | $ 157,710,000 | $ 532,804 | $ 205,000 |
| Denver-Aurora-Lakewood, CO | 291 | $ 146,265,000 | $ 502,628 | $ 180,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 283 | $ 129,045,000 | $ 455,989 | $ 171,388 |
| Washington, DC-MD | 282 | $ 130,740,000 | $ 463,617 | $ 171,191 |
| Atlanta-Sandy Springs-Roswell, GA | 277 | $ 111,115,000 | $ 401,137 | $ 164,000 |
| Houston-The Woodlands-Sugar Land, TX | 254 | $ 89,950,000 | $ 354,133 | $ 169,000 |
| Austin-Round Rock, TX | 247 | $ 107,645,000 | $ 435,809 | $ 186,000 |
| Pittsburgh, PA | 218 | $ 53,190,000 | $ 243,990 | $ 127,000 |
| Everett, WA | 197 | $ 114,365,000 | $ 580,532 | $ 173,000 |
| Colorado Springs, CO | 178 | $ 71,820,000 | $ 403,483 | $ 128,000 |
| San Antonio-New Braunfels, TX | 178 | $ 55,300,000 | $ 310,674 | $ 133,000 |
| Las Vegas-Henderson-Paradise, NV | 174 | $ 66,020,000 | $ 379,425 | $ 145,000 |
| Riverside-San Bernardino-Ontario, CA | 170 | $ 80,180,000 | $ 471,647 | $ 174,000 |
| Charlotte-Concord-Gastonia, NC-SC | 167 | $ 63,465,000 | $ 380,029 | $ 141,556 |
| Oakland-Hayward-Berkeley, CA | 165 | $ 117,285,000 | $ 710,818 | $ 237,000 |
| Los Angeles-Long Beach-Glendale, CA | 161 | $ 109,085,000 | $ 677,546 | $ 231,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 139 | $ 66,185,000 | $ 476,151 | $ 184,000 |
| Cambridge-Newton-Framingham, MA | 136 | $ 73,460,000 | $ 540,147 | $ 194,000 |
| Olympia-Tumwater, WA | 136 | $ 61,210,000 | $ 450,073 | $ 162,000 |
| Anaheim-Santa Ana-Irvine, CA | 125 | $ 96,485,000 | $ 771,880 | $ 282,000 |
| Fort Worth-Arlington, TX | 124 | $ 44,470,000 | $ 358,629 | $ 162,000 |
| Orlando-Kissimmee-Sanford, FL | 115 | $ 44,225,000 | $ 384,565 | $ 204,000 |
| Lake County-Kenosha County, IL-WI | 108 | $ 36,910,000 | $ 341,759 | $ 170,000 |
| Asheville, NC | 104 | $ 45,240,000 | $ 435,000 | $ 176,000 |
| Worcester, MA-CT | 96 | $ 36,280,000 | $ 377,916 | $ 147,000 |
| Elgin, IL | 92 | $ 28,720,000 | $ 312,173 | $ 134,000 |
| Boston, MA | 90 | $ 44,100,000 | $ 490,000 | $ 175,000 |
| Lakewood-New Brunswick, NJ | 86 | $ 38,900,000 | $ 452,325 | $ 169,000 |
| Kansas City, MO-KS | 84 | $ 26,850,000 | $ 319,642 | $ 138,892 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 84 | $ 35,510,000 | $ 422,738 | $ 147,000 |
| Port St. Lucie, FL | 81 | $ 27,245,000 | $ 336,358 | $ 108,000 |
| Raleigh, NC | 80 | $ 31,560,000 | $ 394,500 | $ 173,000 |
| Lewiston, ID-WA | 79 | $ 24,355,000 | $ 308,291 | $ 107,164 |
| Boise City, ID | 76 | $ 30,980,000 | $ 407,631 | $ 154,000 |
| Montgomery County-Bucks County-Chester County, PA | 76 | $ 33,420,000 | $ 439,736 | $ 182,000 |
| Marietta, GA | 75 | $ 30,275,000 | $ 403,666 | $ 172,000 |
| Indianapolis-Carmel-Anderson, IN | 69 | $ 20,215,000 | $ 292,971 | $ 133,000 |
| Fresno, CA | 66 | $ 27,120,000 | $ 410,909 | $ 184,000 |
| Tampa, FL | 66 | $ 24,530,000 | $ 371,666 | $ 166,000 |
| Louisville/Jefferson County, KY-IN | 65 | $ 14,315,000 | $ 220,230 | $ 115,692 |
| Bremerton-Silverdale, WA | 62 | $ 28,690,000 | $ 462,741 | $ 166,000 |
| Camden, NJ | 58 | $ 19,700,000 | $ 339,655 | $ 134,000 |
| Oklahoma City, OK | 58 | $ 15,530,000 | $ 267,758 | $ 136,000 |
| Albuquerque, NM | 57 | $ 13,765,000 | $ 241,491 | $ 122,000 |
| Grand Junction, CO | 52 | $ 16,200,000 | $ 311,538 | $ 118,000 |
| St. Petersburg-Clearwater-Largo, FL | 50 | $ 19,900,000 | $ 398,000 | $ 165,000 |
| Tucson, AZ | 50 | $ 13,870,000 | $ 277,400 | $ 149,000 |
| Fargo, ND-MN | 49 | $ 13,325,000 | $ 271,938 | $ 112,020 |
| Philadelphia, PA | 49 | $ 16,605,000 | $ 338,877 | $ 153,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 49 | $ 48,795,000 | $ 995,816 | $ 306,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 49 | $ 15,675,000 | $ 319,897 | $ 132,000 |
| Milwaukee-Waukesha-West Allis, WI | 47 | $ 10,915,000 | $ 232,234 | $ 84,000 |
| Spokane-Spokane Valley, WA | 44 | $ 16,450,000 | $ 373,863 | $ 121,000 |
| New York-Jersey City-White Plains, NY-NJ | 43 | $ 22,125,000 | $ 514,534 | $ 263,000 |
| St. George, UT | 42 | $ 18,300,000 | $ 435,714 | $ 172,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 41 | $ 11,775,000 | $ 287,195 | $ 118,000 |
| Mount Vernon-Anacortes, WA | 40 | $ 18,750,000 | $ 468,750 | $ 167,000 |
| San Francisco-Redwood City-South San Francisco, CA | 40 | $ 33,270,000 | $ 831,750 | $ 300,000 |
| Greenville-Anderson-Mauldin, SC | 39 | $ 10,495,000 | $ 269,102 | $ 138,000 |
| Salem, OR | 39 | $ 13,695,000 | $ 351,153 | $ 109,000 |
| Salt Lake City, UT | 36 | $ 17,290,000 | $ 480,277 | $ 155,000 |
| Providence-Warwick, RI-MA | 35 | $ 13,185,000 | $ 376,714 | $ 151,771 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 34 | $ 15,500,000 | $ 455,882 | $ 187,000 |
| Greensboro-High Point, NC | 34 | $ 8,230,000 | $ 242,058 | $ 119,000 |
| Cleveland, OH | 33 | $ 8,715,000 | $ 264,090 | $ 131,000 |
| Columbus, OH | 32 | $ 12,640,000 | $ 395,000 | $ 177,000 |
| Palm Bay-Melbourne-Titusville, FL | 32 | $ 10,540,000 | $ 329,375 | $ 117,000 |
| St. Louis, MO-IL | 32 | $ 8,010,000 | $ 250,312 | $ 135,093 |
| Fort Collins, CO | 31 | $ 12,705,000 | $ 409,838 | $ 146,000 |
| Hartford-West Hartford-East Hartford, CT | 30 | $ 7,830,000 | $ 261,000 | $ 117,000 |
| Lexington Park, MD | 30 | $ 12,660,000 | $ 422,000 | $ 171,000 |
| Rochester, MN | 30 | $ 8,980,000 | $ 299,333 | $ 112,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 30 | $ 10,560,000 | $ 352,000 | $ 173,000 |
| Winston-Salem, NC | 30 | $ 8,880,000 | $ 296,000 | $ 116,000 |
| Knoxville, TN | 29 | $ 9,495,000 | $ 327,413 | $ 140,000 |
| Newark, NJ-PA | 29 | $ 14,615,000 | $ 503,965 | $ 184,000 |
| Cape Coral-Fort Myers, FL | 28 | $ 8,340,000 | $ 297,857 | $ 107,000 |
| Jacksonville, FL | 28 | $ 9,210,000 | $ 328,928 | $ 130,000 |
| Miami-Miami Beach-Kendall, FL | 27 | $ 12,535,000 | $ 464,259 | $ 203,000 |
| Bellingham, WA | 25 | $ 9,835,000 | $ 393,400 | $ 167,000 |
| Bend-Redmond, OR | 25 | $ 13,485,000 | $ 539,400 | $ 206,000 |
| Charleston-North Charleston, SC | 25 | $ 9,025,000 | $ 361,000 | $ 125,000 |
| Cincinnati, OH-KY-IN | 25 | $ 7,675,000 | $ 307,000 | $ 137,600 |
| Provo-Orem, UT | 25 | $ 11,105,000 | $ 444,200 | $ 166,000 |
| Richmond, VA | 25 | $ 8,935,000 | $ 357,400 | $ 165,000 |
| Stockton-Lodi, CA | 25 | $ 13,325,000 | $ 533,000 | $ 178,000 |
| Greeley, CO | 24 | $ 11,120,000 | $ 463,333 | $ 147,000 |
| Manchester-Nashua, NH | 24 | $ 9,840,000 | $ 410,000 | $ 152,000 |
| Portland-South Portland, ME | 24 | $ 9,630,000 | $ 401,250 | $ 170,000 |
| Savannah, GA | 24 | $ 7,270,000 | $ 302,916 | $ 140,000 |
| Columbia, SC | 23 | $ 7,285,000 | $ 316,739 | $ 123,000 |
| Reno, NV | 23 | $ 9,805,000 | $ 426,304 | $ 148,000 |
| Durham-Chapel Hill, NC | 22 | $ 11,610,000 | $ 527,727 | $ 196,000 |
| Warren-Troy-Farmington Hills, MI | 22 | $ 7,110,000 | $ 323,181 | $ 222,000 |
| Eugene, OR | 20 | $ 7,810,000 | $ 390,500 | $ 139,000 |
| Lakeland-Winter Haven, FL | 20 | $ 5,850,000 | $ 292,500 | $ 163,000 |
| Longview, WA | 20 | $ 7,870,000 | $ 393,500 | $ 126,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 20 | $ 5,850,000 | $ 292,500 | $ 171,000 |
| Pueblo, CO | 20 | $ 6,200,000 | $ 310,000 | $ 117,000 |
| Rockingham County-Strafford County, NH | 19 | $ 8,585,000 | $ 451,842 | $ 585,000 |
| Boulder, CO | 18 | $ 10,680,000 | $ 593,333 | $ 280,000 |
| Santa Rosa, CA | 18 | $ 10,100,000 | $ 561,111 | $ 252,000 |
| Trenton, NJ | 18 | $ 11,630,000 | $ 646,111 | $ 259,000 |
| Brunswick, GA | 17 | $ 6,665,000 | $ 392,058 | $ 140,000 |
| New Orleans-Metairie, LA | 17 | $ 5,295,000 | $ 311,470 | $ 160,000 |
| Urban Honolulu, HI | 17 | $ 11,215,000 | $ 659,705 | $ 185,000 |
| Vallejo-Fairfield, CA | 17 | $ 8,765,000 | $ 515,588 | $ 229,000 |
| Eau Claire, WI | 16 | $ 3,790,000 | $ 236,875 | $ 86,000 |
| Wilmington, DE-MD-NJ | 16 | $ 5,750,000 | $ 359,375 | $ 148,750 |
| Hagerstown-Martinsburg, MD-WV | 15 | $ 4,795,000 | $ 319,666 | $ 142,800 |
| North Port-Sarasota-Bradenton, FL | 15 | $ 5,965,000 | $ 397,666 | $ 181,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 15 | $ 9,935,000 | $ 662,333 | $ 216,000 |
| Dayton-Springfield-Kettering, OH | 14 | $ 3,910,000 | $ 279,285 | $ 142,000 |
| Detroit-Dearborn-Livonia, MI | 14 | $ 3,440,000 | $ 245,714 | $ 118,000 |
| El Paso, TX | 13 | $ 3,715,000 | $ 285,769 | $ 149,000 |
| Ocala, FL | 13 | $ 3,515,000 | $ 270,384 | $ 133,000 |
| Atlantic City-Hammonton, NJ | 12 | $ 5,150,000 | $ 429,166 | $ 194,000 |
| Chattanooga, TN-GA | 12 | $ 4,040,000 | $ 336,666 | $ 197,166 |
| Duluth, MN-WI | 12 | $ 3,880,000 | $ 323,333 | $ 115,333 |
| Ogden-Clearfield, UT | 12 | $ 4,720,000 | $ 393,333 | $ 119,000 |
| Lake County-Porter County-Jasper County, IN | 11 | $ 2,915,000 | $ 265,000 | $ 104,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 10 | $ 2,600,000 | $ 260,000 | $ 104,700 |
| Baton Rouge, LA | 10 | $ 2,290,000 | $ 229,000 | $ 106,000 |
| Santa Fe, NM | 10 | $ 2,720,000 | $ 272,000 | $ 102,000 |
| Yakima, WA | 10 | $ 2,870,000 | $ 287,000 | $ 307,000 |
| Akron, OH | 9 | $ 2,235,000 | $ 248,333 | $ 131,000 |
| Bakersfield, CA | 9 | $ 3,295,000 | $ 366,111 | $ 159,000 |
| Grand Rapids-Wyoming, MI | 9 | $ 2,685,000 | $ 298,333 | $ 130,000 |
| Kenosha, WI | 9 | $ 2,715,000 | $ 301,666 | $ 130,000 |
| Lexington-Fayette, KY | 9 | $ 1,865,000 | $ 207,222 | $ 107,000 |
| Madison, WI | 9 | $ 4,035,000 | $ 448,333 | $ 191,000 |
| New Haven-Milford, CT | 9 | $ 2,195,000 | $ 243,888 | $ 111,000 |
| Spartanburg, SC | 9 | $ 2,295,000 | $ 255,000 | $ 131,000 |
| Homosassa Springs, FL | 8 | $ 1,800,000 | $ 225,000 | $ 109,000 |
| Naples-Immokalee-Marco Island, FL | 8 | $ 1,860,000 | $ 232,500 | $ 102,000 |
| Pensacola-Ferry Pass-Brent, FL | 8 | $ 2,840,000 | $ 355,000 | $ 169,000 |
| Prescott Valley-Prescott, AZ | 8 | $ 3,470,000 | $ 433,750 | $ 191,000 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 8 | $ 3,080,000 | $ 385,000 | $ 196,000 |
| Sebastian-Vero Beach, FL | 8 | $ 2,450,000 | $ 306,250 | $ 109,000 |
| York-Hanover, PA | 8 | $ 2,510,000 | $ 313,750 | $ 144,000 |
| Ann Arbor, MI | 7 | $ 1,885,000 | $ 269,285 | $ 205,000 |
| Barnstable Town, MA | 7 | $ 3,405,000 | $ 486,428 | $ 227,000 |
| Bowling Green, KY | 7 | $ 1,235,000 | $ 176,428 | $ 88,000 |
| Clarksville, TN-KY | 7 | $ 2,975,000 | $ 425,000 | $ 174,000 |
| Mankato-North Mankato, MN | 7 | $ 1,445,000 | $ 206,428 | $ 67,000 |
| Napa, CA | 7 | $ 3,885,000 | $ 555,000 | $ 210,000 |
| Racine, WI | 7 | $ 2,065,000 | $ 295,000 | $ 135,000 |
| Santa Maria-Santa Barbara, CA | 7 | $ 3,215,000 | $ 459,285 | $ 361,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 7 | $ 1,475,000 | $ 210,714 | $ 67,000 |
| Sherman-Denison, TX | 7 | $ 2,485,000 | $ 355,000 | $ 191,000 |
| Wildwood-The Villages, FL | 7 | $ 2,465,000 | $ 352,142 | $ 127,000 |
| Burlington, NC | 6 | $ 2,180,000 | $ 363,333 | $ 149,000 |
| Coeur D'Alene, ID | 6 | $ 2,690,000 | $ 448,333 | $ 223,000 |
| Corvallis, OR | 6 | $ 2,010,000 | $ 335,000 | $ 175,000 |
| Gainesville, GA | 6 | $ 1,960,000 | $ 326,666 | $ 112,000 |
| Huntsville, AL | 6 | $ 1,470,000 | $ 245,000 | $ 244,000 |
| Kennewick-Richland, WA | 6 | $ 3,010,000 | $ 501,666 | $ 204,000 |
| Niles-Benton Harbor, MI | 6 | $ 1,210,000 | $ 201,666 | $ 216,000 |
| St. Cloud, MN | 6 | $ 1,520,000 | $ 253,333 | $ 112,000 |
| Waterbury-Shelton, CT | 6 | $ 1,100,000 | $ 183,333 | $ 80,000 |
| Winchester, VA-WV | 6 | $ 2,540,000 | $ 423,333 | $ 150,000 |
| Birmingham-Hoover, AL | 5 | $ 1,575,000 | $ 315,000 | $ 101,000 |
| Brownsville-Harlingen, TX | 5 | $ 1,955,000 | $ 391,000 | $ 214,000 |
| Hickory-Lenoir-Morganton, NC | 5 | $ 1,345,000 | $ 269,000 | $ 205,000 |
| Santa Cruz-Watsonville, CA | 5 | $ 3,625,000 | $ 725,000 | $ 329,000 |
| Springfield, MA | 5 | $ 1,775,000 | $ 355,000 | $ 117,000 |
| Tyler, TX | 5 | $ 1,205,000 | $ 241,000 | $ 96,000 |
| Wenatchee, WA | 5 | $ 3,865,000 | $ 773,000 | $ 521,000 |
| Corpus Christi, TX | 4 | $ 1,130,000 | $ 282,500 | $ 272,000 |
| Flagstaff, AZ | 4 | $ 1,300,000 | $ 325,000 | $ 122,000 |
| Green Bay, WI | 4 | $ 1,350,000 | $ 337,500 | $ 173,000 |
| Hilton Head Island-Bluffton-Beaufort, SC | 4 | $ 860,000 | $ 215,000 | $ 181,000 |
| Hinesville, GA | 4 | $ 1,020,000 | $ 255,000 | $ 124,000 |
| Janesville-Beloit, WI | 4 | $ 1,070,000 | $ 267,500 | $ 153,000 |
| Kalamazoo-Portage, MI | 4 | $ 1,250,000 | $ 312,500 | $ 194,000 |
| Killeen-Temple, TX | 4 | $ 820,000 | $ 205,000 | $ 98,000 |
| Lake Havasu City-Kingman, AZ | 4 | $ 1,190,000 | $ 297,500 | $ 502,000 |
| Norwich-New London, CT | 4 | $ 1,370,000 | $ 342,500 | $ 180,000 |
| Punta Gorda, FL | 4 | $ 790,000 | $ 197,500 | $ 120,000 |
| Reading, PA | 4 | $ 1,440,000 | $ 360,000 | $ 135,000 |
| Slidell-Mandeville-Covington, LA | 4 | $ 1,910,000 | $ 477,500 | $ 207,000 |
| Tulsa, OK | 4 | $ 1,070,000 | $ 267,500 | $ 268,000 |
| Waco, TX | 4 | $ 920,000 | $ 230,000 | $ 96,000 |
| Wilmington, NC | 4 | $ 1,710,000 | $ 427,500 | $ 176,000 |
| Amarillo, TX | 3 | $ 785,000 | $ 261,666 | $ 117,000 |
| Carson City, NV | 3 | $ 785,000 | $ 261,666 | $ 104,000 |
| Casper, WY | 3 | $ 865,000 | $ 288,333 | $ 116,000 |
| Charlottesville, VA | 3 | $ 1,715,000 | $ 571,666 | $ 232,000 |
| College Station-Bryan, TX | 3 | $ 1,015,000 | $ 338,333 | $ 239,000 |
| Crestview-Fort Walton Beach-Destin, FL | 3 | $ 515,000 | $ 171,666 | $ 117,000 |
| Des Moines-West Des Moines, IA | 3 | $ 985,000 | $ 328,333 | $ 146,000 |
| Gettysburg, PA | 3 | $ 955,000 | $ 318,333 | $ 137,000 |
| Gulfport-Biloxi-Pascagoula, MS | 3 | $ 395,000 | $ 131,666 | $ 212,000 |
| McAllen-Edinburg-Mission, TX | 3 | $ 625,000 | $ 208,333 | $ 118,000 |
| Panama City, FL | 3 | $ 1,325,000 | $ 441,666 | $ 316,000 |
| Albany, OR | 2 | $ 700,000 | $ 350,000 | $ 85,000 |
| Battle Creek, MI | 2 | $ 440,000 | $ 220,000 | $ 155,000 |
| Bridgeport-Stamford-Norwalk, CT | 2 | $ 1,090,000 | $ 545,000 | $ 172,000 |
| Cheyenne, WY | 2 | $ 780,000 | $ 390,000 | $ 180,000 |
| Dalton, GA | 2 | $ 520,000 | $ 260,000 | $ 68,000 |
| Davenport-Moline-Rock Island, IA-IL | 2 | $ 190,000 | $ 95,000 | $ 42,000 |
| El Centro, CA | 2 | $ 340,000 | $ 170,000 | $ 98,000 |
| Harrisburg-Carlisle, PA | 2 | $ 630,000 | $ 315,000 | $ 109,000 |
| Kankakee, IL | 2 | $ 310,000 | $ 155,000 | $ 99,000 |
| Lancaster, PA | 2 | $ 760,000 | $ 380,000 | $ 120,000 |
| Lansing-East Lansing, MI | 2 | $ 260,000 | $ 130,000 | $ 136,000 |
| Macon-Bibb County, GA | 2 | $ 540,000 | $ 270,000 | $ 104,000 |
| Medford, OR | 2 | $ 620,000 | $ 310,000 | $ 93,000 |
| Midland, TX | 2 | $ 200,000 | $ 100,000 | $ 54,000 |
| Missoula, MT | 2 | $ 870,000 | $ 435,000 | $ 121,000 |
| Modesto, CA | 2 | $ 930,000 | $ 465,000 | $ 157,000 |
| Monroe, LA | 2 | $ 520,000 | $ 260,000 | $ 122,000 |
| Omaha-Council Bluffs, NE-IA | 2 | $ 820,000 | $ 410,000 | $ 141,000 |
| Rockford, IL | 2 | $ 340,000 | $ 170,000 | $ 73,000 |
| Topeka, KS | 2 | $ 470,000 | $ 235,000 | $ 105,000 |
| Twin Falls, ID | 2 | $ 600,000 | $ 300,000 | $ 127,000 |
| Visalia-Porterville, CA | 2 | $ 900,000 | $ 450,000 | $ 183,000 |
| Warner Robins, GA | 2 | $ 470,000 | $ 235,000 | $ 67,000 |
| Ames, IA | 1 | $ 245,000 | $ 245,000 | $ 62,000 |
| Amherst Town-Northampton, MA | 1 | $ 525,000 | $ 525,000 | $ 260,000 |
| Athens-Clarke County, GA | 1 | $ 285,000 | $ 285,000 | $ 81,000 |
| Auburn-Opelika, AL | 1 | $ 325,000 | $ 325,000 | $ 479,000 |
| Augusta-Richmond County, GA-SC | 1 | $ 315,000 | $ 315,000 | $ 92,000 |
| Beaumont-Port Arthur, TX | 1 | $ 305,000 | $ 305,000 | $ 274,000 |
| Billings, MT | 1 | $ 355,000 | $ 355,000 | $ 107,000 |
| Bloomington, IN | 1 | $ 225,000 | $ 225,000 | $ 105,000 |
| Canton-Massillon, OH | 1 | $ 275,000 | $ 275,000 | $ 99,000 |
| Champaign-Urbana, IL | 1 | $ 85,000 | $ 85,000 | $ 167,000 |
| Chico, CA | 1 | $ 165,000 | $ 165,000 | $ 220,000 |
| Cleveland, TN | 1 | $ 135,000 | $ 135,000 | $ 65,000 |
| Columbus, IN | 1 | $ 345,000 | $ 345,000 | $ 83,000 |
| Daphne-Fairhope-Foley, AL | 1 | $ 275,000 | $ 275,000 | $ 405,000 |
| Dover, DE | 1 | $ 345,000 | $ 345,000 | $ 74,000 |
| Elizabethtown-Fort Knox, KY | 1 | $ 155,000 | $ 155,000 | $ 313,000 |
| Farmington, NM | 1 | $ 235,000 | $ 235,000 | $ 81,000 |
| Fayetteville, NC | 1 | $ 335,000 | $ 335,000 | $ 86,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 1 | $ 235,000 | $ 235,000 | $ 70,000 |
| Fort Wayne, IN | 1 | $ 305,000 | $ 305,000 | $ 79,000 |
| Gainesville, FL | 1 | $ 215,000 | $ 215,000 | $ 67,000 |
| Grand Forks, ND-MN | 1 | $ 215,000 | $ 215,000 | $ 72,000 |
| Grants Pass, OR | 1 | $ 155,000 | $ 155,000 | $ 46,000 |
| Hanford-Corcoran, CA | 1 | $ 335,000 | $ 335,000 | $ 203,000 |
| Jackson, MI | 1 | $ 305,000 | $ 305,000 | $ 135,000 |
| Jacksonville, NC | 1 | $ 255,000 | $ 255,000 | $ 48,000 |
| Johnstown, PA | 1 | $ 125,000 | $ 125,000 | $ 87,000 |
| Lawrence, KS | 1 | $ 285,000 | $ 285,000 | $ 87,000 |
| Little Rock-North Little Rock-Conway, AR | 1 | $ 315,000 | $ 315,000 | $ 100,000 |
| Logan, UT-ID | 1 | $ 325,000 | $ 325,000 | $ 75,000 |
| Mansfield, OH | 1 | $ 335,000 | $ 335,000 | $ 165,000 |
| Memphis, TN-MS-AR | 1 | $ 385,000 | $ 385,000 | $ 84,000 |
| Michigan City-La Porte, IN | 1 | $ 265,000 | $ 265,000 | $ 130,000 |
| Montgomery, AL | 1 | $ 125,000 | $ 125,000 | $ 57,000 |
| Morristown, TN | 1 | $ 155,000 | $ 155,000 | $ 44,000 |
| Oshkosh-Neenah, WI | 1 | $ 215,000 | $ 215,000 | $ 78,000 |
| Pinehurst-Southern Pines, NC | 1 | $ 335,000 | $ 335,000 | $ 132,000 |
| Rapid City, SD | 1 | $ 535,000 | $ 535,000 | $ 192,000 |
| Roanoke, VA | 1 | $ 395,000 | $ 395,000 | $ 140,000 |
| Rome, GA | 1 | $ 365,000 | $ 365,000 | $ 106,000 |
| Salinas, CA | 1 | $ 165,000 | $ 165,000 | $ 57,000 |
| Salisbury, MD-DE | 1 | $ 125,000 | $ 125,000 | $ 35,000 |
| San Rafael, CA | 1 | $ 805,000 | $ 805,000 | $ 230,000 |
| Sebring, FL | 1 | $ 155,000 | $ 155,000 | $ 36,000 |
| Sierra Vista-Douglas, AZ | 1 | $ 165,000 | $ 165,000 | $ 64,000 |
| Sioux Falls, SD | 1 | $ 325,000 | $ 325,000 | $ 105,000 |
| South Bend-Mishawaka, IN-MI | 1 | $ 235,000 | $ 235,000 | $ 68,000 |
| Springfield, MO | 1 | $ 425,000 | $ 425,000 | $ 142,000 |
| Springfield, OH | 1 | $ 285,000 | $ 285,000 | $ 103,000 |
| Sumter, SC | 1 | $ 135,000 | $ 135,000 | $ 60,000 |
| Tallahassee, FL | 1 | $ 305,000 | $ 305,000 | $ 68,000 |
| Toledo, OH | 1 | $ 215,000 | $ 215,000 | $ 202,000 |
| Valdosta, GA | 1 | $ 295,000 | $ 295,000 | $ 79,000 |
| Wausau, WI | 1 | $ 275,000 | $ 275,000 | $ 125,000 |
Mortgage Loan Application Detail Totals for Bay Equity LLC in 2024
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 | 14,073 | $6,026,985,000 | $428,000 | $5,605,000 | $167,000 | $6,432,000 |
| Cash-out Refinancing | 505 | $174,805,000 | $346,000 | $1,655,000 | $144,000 | $1,982,000 |
| Refinancing | 361 | $164,365,000 | $455,000 | $3,955,000 | $168,000 | $1,100,000 |
| Other Purpose | 4 | $1,220,000 | $305,000 | $475,000 | $128,000 | $215,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 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 | 7,634 | $3,141,170,000 | $411,000 | $4,875,000 | $163,000 | $6,432,000 |
| Not Provided | 2,122 | $952,980,000 | $449,000 | $3,005,000 | $187,000 | $4,226,000 |
| Asian | 2,081 | $1,106,435,000 | $531,000 | $3,375,000 | $201,000 | $2,259,000 |
| Hispanic | 1,843 | $688,285,000 | $373,000 | $5,605,000 | $137,000 | $2,431,000 |
| Black or African American | 1,109 | $414,955,000 | $374,000 | $1,205,000 | $135,000 | $774,000 |
| American Indian or Alaskan Native | 107 | $42,545,000 | $397,000 | $1,305,000 | $131,000 | $462,000 |
| Native Hawaiian or Other Pacific Islander | 47 | $21,005,000 | $446,000 | $1,055,000 | $135,000 | $297,000 |
| 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) | 11,408 | $4,958,130,000 | $434,000 | $5,605,000 | $179,000 | $6,432,000 |
| FHA-insured (Federal Housing Administration) | 2,369 | $855,285,000 | $361,000 | $1,165,000 | $113,000 | $530,000 |
| VA-guaranteed (Veterans Administration) | 1,121 | $543,195,000 | $484,000 | $2,535,000 | $147,000 | $2,431,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 45 | $10,765,000 | $239,000 | $405,000 | $85,000 | $134,000 |
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 | 9,751 | $3,980,555,000 | $408,000 | $3,145,000 | $163,000 | $6,432,000 |
| Application Withdrawn By Applicant | 3,592 | $1,570,210,000 | $437,000 | $3,955,000 | $174,000 | $4,226,000 |
| Preapproval Approved but not Accepted | 767 | $435,345,000 | $567,000 | $3,375,000 | $185,000 | $901,000 |
| Application Denied By Financial Institution | 501 | $206,385,000 | $411,000 | $4,875,000 | $142,000 | $1,207,000 |
| Preapproval Denied by Financial Institution | 182 | $111,790,000 | $614,000 | $5,605,000 | $165,000 | $2,365,000 |
| File Closed For Incompleteness | 92 | $38,720,000 | $420,000 | $1,205,000 | $155,000 | $659,000 |
| Application Approved But Not Accepted | 58 | $24,370,000 | $420,000 | $1,705,000 | $164,000 | $536,000 |
| 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 | 14,260 | $6,049,200,000 | $424,000 | $3,955,000 | $167,000 | $6,432,000 |
| Employment History | 245 | $133,145,000 | $543,000 | $5,605,000 | $163,000 | $2,365,000 |
| Debt-To-Income Ratio | 211 | $97,005,000 | $459,000 | $2,855,000 | $121,000 | $806,000 |
| Collateral | 144 | $49,380,000 | $342,000 | $1,425,000 | $163,000 | $1,207,000 |
| Credit History | 70 | $28,220,000 | $403,000 | $1,485,000 | $132,000 | $487,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 12 | $10,060,000 | $838,000 | $4,875,000 | $254,000 | $1,025,000 |
| Unverifiable Information | 1 | $365,000 | $365,000 | $365,000 | $93,000 | $93,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bay Equity LLC's 2024 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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