Lender profile · HMDA 2023–2025
Bay Capital Mortgage Corporation mortgage approval rates & lending data
Bay Capital Mortgage Corporation decided 1,899 mortgage applications and funded 1,771 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 93% | 1,569 / 1,681 | 100% | $375K | 1,568 |
| Cash-out refinance | 91% | 58 / 64 | 100% | $275K | 58 |
| Refinance | 98% | 55 / 56 | 100% | $385K | 55 |
| Investment property purchase | 93% | 77 / 83 | 100% | $215K | 77 |
Bay Capital Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 93% | $415K | 1,450 | 1,355 |
| Florida | 91% | $275K | 193 | 175 |
| Pennsylvania | 95% | $295K | 164 | 156 |
| Delaware | 93% | $365K | 29 | 27 |
| Virginia | 100% | $485K | 24 | 24 |
| West Virginia | 92% | $255K | 12 | 11 |
| District of Columbia | 78% | $445K | 9 | 7 |
| North Carolina | 88% | $395K | 8 | 7 |
| South Carolina | 80% | $175K | 5 | 4 |
| Georgia | 100% | $315K | 3 | 3 |
| Michigan | 100% | $155K | 2 | 2 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.