# BayFirst National Bank

> **Canonical URL:** https://saferate.com/lenders/bayfirst-national-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


BayFirst National Bank is a bank, headquartered in Saint Petersburg, FL, serving borrowers across 2 states, with 23 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 83% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300DMI3W6YLDVSK93
- **Headquarters:** Saint Petersburg, FL
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** FL, OH
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 17/100
- Rating: ●○○○○ (1/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.282%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $351
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 23
- **Dollar Volume:** $11 million
- **Applications Received:** 30
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $476,304
- **Average Borrower Income:** $205,696
- **Average Property Value:** $678,478

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 17/100 | 20 | +0.310% | $1,167 | Mediocre 😐 |

### Product Performance by Purpose

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 16/100 | 20 | $10M | +0.219% | Mediocre 😐 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 22 | 0.01% | 53/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| St. Petersburg | FL | 11 | 55/100 |

## Frequently Asked Questions

### What loan types does BayFirst National Bank offer?

BayFirst National Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does BayFirst National Bank offer mortgages?

BayFirst National Bank offers mortgages in 2 states: FL, OH.

### How competitive are BayFirst National Bank's mortgage rates?

BayFirst National Bank has a pricing score of 17/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.282% above market average.

### What type of lender is BayFirst National Bank?

BayFirst National Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Saint Petersburg, FL.

### What is BayFirst National Bank's loan approval success rate?

BayFirst National Bank has a pull-through score of 42/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/bayfirst-national-bank

### How to Cite

> "BayFirst National Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/bayfirst-national-bank

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