Bay Equity LLC mortgage approval rate & lending review
Bay Equity LLC decided 21,731 mortgage applications and funded 20,421 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bay Equity LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bay Equity LLC at a glance
Approval is 7.7 points above the 86.9% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 18,519 / 19,459 | 99% | $385K | 18,385 |
| Cash-out refinance | 85% | 422 / 497 | 98% | $295K | 414 |
| Refinance | 89% | 255 / 285 | 99% | $395K | 253 |
| Investment property purchase | 94% | 1,253 / 1,337 | 100% | $265K | 1,248 |
| Investment cash-out refinance | 83% | 96 / 115 | 97% | $215K | 93 |
| Investment refinance | 74% | 28 / 38 | 100% | $295K | 28 |
Bay Equity LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 95% | $465K | 2,479 | 2,323 |
| Illinois | 95% | $285K | 2,432 | 2,301 |
| California | 95% | $585K | 2,107 | 1,982 |
| Texas | 97% | $325K | 1,732 | 1,661 |
| Maryland | 95% | $435K | 1,544 | 1,448 |
| Florida | 90% | $345K | 1,215 | 1,087 |
| Minnesota | 97% | $285K | 1,069 | 1,022 |
| Colorado | 97% | $425K | 1,007 | 972 |
| Arizona | 95% | $385K | 973 | 917 |
| Virginia | 97% | $485K | 814 | 786 |
| Georgia | 94% | $375K | 636 | 595 |
| Pennsylvania | 94% | $255K | 617 | 578 |
| North Carolina | 94% | $355K | 612 | 575 |
| Oregon | 93% | $405K | 585 | 544 |
| Massachusetts | 94% | $495K | 569 | 531 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Bay Equity LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Cook County, IL | Mortgage lenders | 95% | 1,273 | 1,204 |
| King County, WA | Mortgage lenders | 95% | 739 | 694 |
| Pierce County, WA | Mortgage lenders | 94% | 712 | 663 |
| San Diego County, CA | Mortgage lenders | 98% | 442 | 430 |
| Montgomery County, MD | Mortgage lenders | 97% | 449 | 430 |
| Hennepin County, MN | Mortgage lenders | 97% | 309 | 294 |
| El Paso County, CO | Mortgage lenders | 99% | 299 | 292 |
| Fairfax County, VA | Mortgage lenders | 98% | 265 | 261 |
| Snohomish County, WA | Mortgage lenders | 96% | 247 | 236 |
| Lake County, IL | Mortgage lenders | 97% | 227 | 219 |
| DuPage County, IL | Mortgage lenders | 96% | 223 | 213 |
| Travis County, TX | Mortgage lenders | 97% | 210 | 202 |
The county markets where Bay Equity LLC made the most loans. Each link opens that market with every lender ranked.
Questions about Bay Equity LLC
What is Bay Equity LLC's mortgage approval rate?
Bay Equity LLC approved 94.7% of the 21,731 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.7 points above the 86.9% national rate for the same mix of loan types.
How often do borrowers take the loan Bay Equity LLC offers?
Borrowers accepted 99% of the loans Bay Equity LLC approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bay Equity LLC make?
The typical home purchase mortgage loan Bay Equity LLC made was $385K; across all loan types its typical loan ran from $215K to $395K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bay Equity LLC lend?
Bay Equity LLC decided applications in 48 of the states Fat Boy Data covers, most of them in Washington, Illinois and California.
Can I apply to Bay Equity LLC directly?
Yes. Bay Equity LLC reports as a direct lender that takes applications from borrowers.
Does this page show Bay Equity LLC's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bay Equity LLC treats applications, then get a rate quote from the lender.