Bayfirst Financial Mortgage Lending & HMDA Data, 2024
In 2024, Bayfirst Financial of Saint Petersburg, FL reported 1,123 mortgage applications totaling $205.6 million, up 10% from 2023. The average application was for $183,103, and applicants reported an average income of $166,931. 63% of its applications resulted in an originated loan and 23% were denied. Its largest markets were North Port-Sarasota-Bradenton, FL (418), Tampa, FL (310) and St. Petersburg-Clearwater-Largo, FL (307) (applications in parentheses).
| Mortgage Company & Address | Bayfirst Financial 9190 Seminole Blvd Saint Petersburg, FL 33701 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 |
| Total Number of Mortgage Applications | 1,123 |
| Total Mortgage Loan Application Amount | $205,625,000 |
| Average Mortgage Loan Application Amount | $183,103 |
| Highest Mortgage Loan Application Amount | $2,005,000 |
| Average Applicant Income | $166,931 |
| Highest Applicant Income | $1,800,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bayfirst Financial filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| North Port-Sarasota-Bradenton, FL | 418 | $ 82,740,000 | $ 197,942 | $ 174,000 |
| Tampa, FL | 310 | $ 50,190,000 | $ 161,903 | $ 163,000 |
| St. Petersburg-Clearwater-Largo, FL | 307 | $ 56,885,000 | $ 185,293 | $ 161,000 |
| Lakeland-Winter Haven, FL | 20 | $ 3,550,000 | $ 177,500 | $ 116,000 |
| Orlando-Kissimmee-Sanford, FL | 14 | $ 1,850,000 | $ 132,142 | $ 178,000 |
| Punta Gorda, FL | 14 | $ 1,880,000 | $ 134,285 | $ 128,000 |
| Cape Coral-Fort Myers, FL | 6 | $ 1,190,000 | $ 198,333 | $ 89,000 |
| Naples-Immokalee-Marco Island, FL | 5 | $ 975,000 | $ 195,000 | $ 225,000 |
| Homosassa Springs, FL | 4 | $ 340,000 | $ 85,000 | $ 54,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 3 | $ 1,285,000 | $ 428,333 | $ 430,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 2 | $ 470,000 | $ 235,000 | $ 0 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 2 | $ 470,000 | $ 235,000 | $ 0 |
| Huntington-Ashland, WV-KY-OH | 2 | $ 290,000 | $ 145,000 | $ 178,000 |
| Outside any metro area | 2 | $ 700,000 | $ 350,000 | $ 150,000 |
| Albuquerque, NM | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Atlanta-Sandy Springs-Roswell, GA | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Cincinnati, OH-KY-IN | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Columbus, OH | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Indianapolis-Carmel-Anderson, IN | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Jacksonville, FL | 1 | $ 965,000 | $ 965,000 | $ 340,000 |
| Kansas City, MO-KS | 1 | $ 205,000 | $ 205,000 | $ 347,000 |
| Newark, NJ-PA | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Ocala, FL | 1 | $ 25,000 | $ 25,000 | $ 102,000 |
| Palm Bay-Melbourne-Titusville, FL | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Phoenix-Mesa-Scottsdale, AZ | 1 | $ 245,000 | $ 245,000 | $ 402,000 |
| Richmond, VA | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Springfield, MO | 1 | $ 75,000 | $ 75,000 | $ 0 |
Mortgage Loan Application Detail Totals for Bayfirst Financial 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 |
|---|---|---|---|---|---|---|
| Other Purpose | 476 | $74,490,000 | $156,000 | $1,505,000 | $154,000 | $1,800,000 |
| Home Improvement | 472 | $82,580,000 | $174,000 | $1,375,000 | $164,000 | $1,680,000 |
| Refinancing | 87 | $19,755,000 | $227,000 | $2,005,000 | $180,000 | $1,546,000 |
| Home Purchase | 86 | $28,510,000 | $331,000 | $1,195,000 | $243,000 | $1,436,000 |
| Cash-out Refinancing | 2 | $290,000 | $145,000 | $215,000 | $97,000 | $97,000 |
| 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 | 774 | $141,650,000 | $183,000 | $1,505,000 | $174,000 | $1,800,000 |
| Hispanic | 169 | $24,965,000 | $147,000 | $735,000 | $132,000 | $600,000 |
| Not Provided | 92 | $17,510,000 | $190,000 | $995,000 | $168,000 | $780,000 |
| Black or African American | 43 | $4,965,000 | $115,000 | $305,000 | $106,000 | $455,000 |
| Asian | 33 | $8,735,000 | $264,000 | $965,000 | $215,000 | $600,000 |
| Not applicable | 7 | $6,895,000 | $985,000 | $2,005,000 | $0 | $0 |
| American Indian or Alaskan Native | 4 | $650,000 | $162,000 | $305,000 | $103,000 | $144,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $255,000 | $255,000 | $255,000 | $247,000 | $247,000 |
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) | 1,123 | $205,625,000 | $183,000 | $2,005,000 | $166,000 | $1,800,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 713 | $131,895,000 | $184,000 | $2,005,000 | $171,000 | $1,680,000 |
| Application Denied By Financial Institution | 259 | $48,475,000 | $187,000 | $1,505,000 | $134,000 | $1,026,000 |
| Application Approved But Not Accepted | 141 | $21,015,000 | $149,000 | $1,505,000 | $183,000 | $1,800,000 |
| Application Withdrawn By Applicant | 9 | $3,245,000 | $360,000 | $965,000 | $212,000 | $780,000 |
| File Closed For Incompleteness | 1 | $995,000 | $995,000 | $995,000 | $430,000 | $430,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $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 |
|---|---|---|---|---|---|---|
| Not applicable | 864 | $157,150,000 | $181,000 | $2,005,000 | $174,000 | $1,800,000 |
| Debt-To-Income Ratio | 154 | $27,250,000 | $176,000 | $1,375,000 | $100,000 | $800,000 |
| Other | 61 | $10,155,000 | $166,000 | $1,005,000 | $202,000 | $993,000 |
| Collateral | 27 | $9,335,000 | $345,000 | $1,505,000 | $264,000 | $1,026,000 |
| Credit History | 11 | $905,000 | $82,000 | $155,000 | $151,000 | $259,000 |
| Unverifiable Information | 6 | $830,000 | $138,000 | $265,000 | $219,000 | $355,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bayfirst Financial'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 Bayfirst Financial'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 Florida, 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