Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Bay County, Florida
Every institution that decided a 1–4 unit mortgage application in Bay County, home to Panama City, between 2023 and 2025: 22,078 applications, 15,966 loans actually funded, across 8 kinds of borrowing.
Bay County at a glance
22,078Applications decided
2023–2025
15,966Loans funded
72% of decisions
49Census tracts
12 ZIP codes
181,368People
ACS 2023
What the data shows
Lenders approved 80.5% of home-purchase applications in Bay County, 3.2 points below the Florida rate.
The typical purchase mortgage here is $295K.
Investment home improvement is the hardest money to get here: lenders approved 50% of 221 applications.
Lending by loan type in Bay County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 80.5% | 11,819 | $295K | 96% | 470 |
| Home improvement loans | 58.3% | 1,672 | $65K | 92% | 81 |
| Cash-out refinance | 62.6% | 2,184 | $165K | 94% | 187 |
| Refinance | 72.8% | 1,395 | $285K | 89% | 172 |
| Investment property purchase | 84.7% | 3,871 | $305K | 94% | 486 |
| Investment cash-out refinance | 59.3% | 452 | $205K | 94% | 115 |
| Investment refinance | 76.9% | 464 | $235K | 93% | 158 |
| Investment home improvement | 50.2% | 221 | $105K | 92% | 65 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.