What loan types does Bay Equity offer?

Bay Equity offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, usda. Each product has its own pricing score and performance metrics.

Where does Bay Equity offer mortgages?

Bay Equity is a national lender offering mortgages in all 50 states plus Washington D.C.

How competitive are Bay Equity's mortgage rates?

Bay Equity has an overall pricing score of 42.6/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Bay Equity?

Bay Equity is a Independent Mortgage Company headquartered in Glendale, CA.

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Bay Equity

Independent Mortgage Company•Glendale, CAHQ•Direct•Reviews near you on Google

We analyzed every closed loan from Bay Equity — 9.5k loans across 14k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Exceptional

5/5

FHA · Conventional · VA · Jumbo · USDA

Place

Strong

4/5

National · 49 mkts

Awards

Conventional

Superstar

FHA

Superstar

Purchase

Superstar

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

Explore another lender or local market

Report Card

Bay Equity performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+18.0 bps above market avg

Pull Through

Closing strength

Strong

Top 40% of lenders

By Loan Product· Specialization by type

Conventional

Exceptional

Top 20% of lenders

FHA

Exceptional

Top 20% of lenders

Exceptional

Top 20% of lenders

Jumbo

Strong

Top 40% of lenders

USDA

Sound

Top 60% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Exceptional

Top 20% of lenders

Refinance

Strong

Top 40% of lenders

By Location· Geographic coverage

Geographic Reach

National · 50 markets

Strong

Top 40% of lenders

Loan Product Performance

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%Above	$2,757Fees
FHA Loans	Strong	Exceptional	Acceptable	Strong	1,423	15.0%	+0.561%Above	$3,406Fees
VA Loans	Strong	Exceptional	Acceptable	Strong	718	7.6%	-0.274%Below	$2,816Fees
Jumbo Loans	Sound	Strong	Acceptable	Sound	171	1.8%	+0.316%Above	$2,668Fees
USDA Loans	Sound	Sound	—	Acceptable	27	0.3%	+0.297%Above	$3,164Fees

Conventional

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume7,129

Mix75.3%

Spread

+0.138%Above

Fees

$2,757Fees

FHA Loans

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume1,423

Mix15.0%

Spread

+0.561%Above

Fees

$3,406Fees

VA Loans

Overall

Strong

Product

Exceptional

Pricing

Acceptable

Pull Through

Strong

Volume718

Mix7.6%

Spread

-0.274%Below

Fees

$2,816Fees

Jumbo Loans

Overall

Sound

Product

Strong

Pricing

Acceptable

Pull Through

Sound

Volume171

Mix1.8%

Spread

+0.316%Above

Fees

$2,668Fees

USDA Loans

Overall

Sound

Product

Sound

Pricing—

Pull Through

Acceptable

Volume27

Mix0.3%

Spread

+0.297%Above

Fees

$3,164Fees

Loan Purpose Performance

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%Above	$2,833Fees
Refinance	Sound	Strong	Acceptable	Sound	441	4.7%	+0.177%Above	$3,234Fees

Purchase

Overall

Strong

Product

Exceptional

Pricing

Sound

Pull Through

Strong

Volume9,027

Mix95.3%

Spread

+0.180%Above

Fees

$2,833Fees

Refinance

Overall

Sound

Product

Strong

Pricing

Acceptable

Pull Through

Sound

Volume441

Mix4.7%

Spread

+0.177%Above

Fees

$3,234Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

9,468

Applications

13,534

Volume

$3 billion

Pricing & Closing

Avg Rate Spread

+0.180%

vs. market APOR

Avg Net Fees

$2,852

Origination − Credits

Pullthrough Rate

70.0%

Applications → Closed

Typical Borrower

Avg Loan Amount

$413,057

Avg Borrower Income

$164,694

Avg Property Value

$542,225

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Northeast8

CTMEMANHNJPARIVT

Midwest12

IAILINKSMIMNMONDNEOHSDWI

South17

ALARDCDEFLGAKYLAMDMSNCOKSCTNTXVAWV

West12

AZCACOHIIDMTNMNVORUTWAWY

Top Metro Areas by Place Specialization Score

1© Broran28 · Public domain

Tacoma, WAMetro

Volume 282Mix 2.98% of portfolio

89/100

Exceptional

2© Preservation Maryland · CC BY-SA 2.0

Frederick, MDMetro

Volume 217Mix 2.29% of portfolio

83/100

Exceptional

3© John Picken · CC BY 2.0

Chicago, ILMetro

Volume 744Mix 7.86% of portfolio

81/100

Exceptional

4© Dietmar Rabich · CC BY-SA 4.0

Seattle, WAMetro

Volume 345Mix 3.64% of portfolio

80/100

Strong

Lewiston, ID, ID-WAMetro

Volume 50Mix 0.53% of portfolio

79/100

Strong

Olympia, WAMetro

Volume 95Mix 1.00% of portfolio

79/100

Strong

Washington, DC, DC-MDMetro

Volume 190Mix 2.01% of portfolio

77/100

Strong

Arlington, VA-WVMetro

Volume 297Mix 3.14% of portfolio

76/100

Strong

Minneapolis, MN-WIMetro

Volume 427Mix 4.51% of portfolio

75/100

Strong

Everett, WAMetro

Volume 118Mix 1.25% of portfolio

74/100

Strong

Showing 10 of 49 metro areas

Top States by Place Specialization Score

WashingtonState

Volume 1,068Mix 11.28% of portfolio

87/100

Exceptional

IllinoisState

Volume 896Mix 9.46% of portfolio

81/100

Exceptional

MarylandState

Volume 617Mix 6.52% of portfolio

79/100

Strong

WyomingState

Volume 139Mix 1.47% of portfolio

77/100

Strong

ColoradoState

Volume 609Mix 6.43% of portfolio

77/100

Strong

MinnesotaState

Volume 460Mix 4.86% of portfolio

75/100

Strong

TexasState

Volume 823Mix 8.69% of portfolio

74/100

Strong

VirginiaState

Volume 374Mix 3.95% of portfolio

73/100

Strong

CaliforniaState

Volume 824Mix 8.70% of portfolio

72/100

Strong

ArizonaState

Volume 387Mix 4.09% of portfolio

71/100

Strong

Showing 10 of 41 states

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

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.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.