Looking for a different lender?
B
BAY EQUITY LLC
Independent Mortgage Company|Glendale, CA|National
Loans Originated
9,468
Applications
13,534
Volume
$3 billion
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate Awards⭐Conventional Superstar⭐Purchase Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.180%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,852
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
70.0%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo loans
- Nationwide availability with consistent service
Report Card
BAY EQUITY LLC performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Sound | Industry Standard | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Exceptional | Market Leader | |
VA | Exceptional | Market Leader | |
Jumbo | Strong | Highly Competitive | |
USDA | Sound | Industry Standard | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | National · 50 metro areas · 49 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$413,057
Average Borrower Income
$164,694
Average Property Value
$542,225
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Exceptional | Sound | Strong | 7,129 | 75.3% | +0.138% | $2,757 |
FHA Loans | Sound | Exceptional | Acceptable | Strong | 1,423 | 15.0% | +0.561% | $3,406 |
VA Loans | Sound | Exceptional | Acceptable | Strong | 718 | 7.6% | -0.274% | $2,816 |
Jumbo Loans | Sound | Strong | Acceptable | Sound | 171 | 1.8% | +0.316% | $2,668 |
USDA Loans | Acceptable | Sound | N/A | Acceptable | 27 | 0.3% | +0.297% | $3,164 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Exceptional | Sound | Strong | 9,027 | 95.3% | +0.180% | $2,833 |
Refinance | Sound | Strong | Acceptable | Sound | 441 | 4.7% | +0.177% | $3,234 |
Geographic Coverage
Metro Areas
49
States Served
49
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
Top Metro Areas by Place Specialization Score
1
Tacoma, WAMSA
Volume: 282Mix: 2.98%
Place Specialization
Exceptional
2
Frederick, MDMSA
Volume: 217Mix: 2.29%
Place Specialization
Exceptional
3
Chicago, ILMSA
Volume: 744Mix: 7.86%
Place Specialization
Exceptional
4
Seattle, WAMSA
Volume: 345Mix: 3.64%
Place Specialization
Strong
5
Lewiston, ID, ID-WAMSA
Volume: 50Mix: 0.53%
Place Specialization
Strong
6
Olympia, WAMSA
Volume: 95Mix: 1.00%
Place Specialization
Strong
7
Washington, DC, DC-MDMSA
Volume: 190Mix: 2.01%
Place Specialization
Strong
8
Arlington, VA-WVMSA
Volume: 297Mix: 3.14%
Place Specialization
Strong
9
Minneapolis, MN-WIMSA
Volume: 427Mix: 4.51%
Place Specialization
Strong
10
Everett, WA, WAMSA
Volume: 118Mix: 1.25%
Place Specialization
Strong
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
WAState
Volume: 1,068Mix: 11.28%
Place Specialization
Exceptional
2
ILState
Volume: 896Mix: 9.46%
Place Specialization
Exceptional
3
MDState
Volume: 617Mix: 6.52%
Place Specialization
Strong
4
WYState
Volume: 139Mix: 1.47%
Place Specialization
Strong
5
COState
Volume: 609Mix: 6.43%
Place Specialization
Strong
6
MNState
Volume: 460Mix: 4.86%
Place Specialization
Strong
7
TXState
Volume: 823Mix: 8.69%
Place Specialization
Strong
8
VAState
Volume: 374Mix: 3.95%
Place Specialization
Strong
9
CAState
Volume: 824Mix: 8.70%
Place Specialization
Strong
10
AZState
Volume: 387Mix: 4.09%
Place Specialization
Strong
Showing 10 of 41 states
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
Ready to Get Started?
Compare BAY EQUITY LLC with other lenders or get personalized recommendations.