Bay Federal Credit Union mortgage approval rate & lending review
Bay Federal Credit Union decided 1,715 mortgage applications and funded 1,360 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bay Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bay Federal Credit Union at a glance
Approval is 7.8 points above the 72.9% 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 | 93% | 403 / 434 | 96% | $475K | 388 |
| Home improvement loans | 78% | 202 / 260 | 100% | $115K | 202 |
| Cash-out refinance | 76% | 669 / 880 | 99% | $145K | 665 |
| Refinance | 81% | 82 / 101 | 96% | $205K | 79 |
| Investment cash-out refinance | 63% | 17 / 27 | 94% | $255K | 16 |
Bay Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 81% | $145K | 1,715 | 1,360 |
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 Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Santa Cruz County, CA | Cash-out refinance | 80% | 629 | 501 |
| Santa Cruz County, CA | Mortgage lenders | 94% | 325 | 292 |
| Santa Cruz County, CA | Home improvement loans | 83% | 189 | 156 |
| Monterey County, CA | Cash-out refinance | 69% | 217 | 146 |
| Santa Cruz County, CA | Refinance | 87% | 78 | 65 |
| Monterey County, CA | Mortgage lenders | 90% | 52 | 45 |
| Monterey County, CA | Home improvement loans | 65% | 62 | 40 |
The county markets where Bay Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Bay Federal Credit Union
What is Bay Federal Credit Union's mortgage approval rate?
Bay Federal Credit Union approved 80.7% of the 1,715 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.8 points above the 72.9% national rate for the same mix of loan types.
How often do borrowers take the loan Bay Federal Credit Union offers?
Borrowers accepted 98% of the loans Bay Federal Credit Union approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bay Federal Credit Union make?
The typical cash-out refinance loan Bay Federal Credit Union made was $145K; across all loan types its typical loan ran from $115K to $475K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bay Federal Credit Union lend?
Bay Federal Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in California.
Can I apply to Bay Federal Credit Union directly?
Yes. Bay Federal Credit Union is a bank or credit union with 8 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bay Federal Credit Union'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 Federal Credit Union treats applications, then get a rate quote from the lender.