eNewsroom for: Bay Equity LLC

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Bay Equity LLC Company Profile

Bay Equity opened its doors in 2008, in the midst of the recession, as many other mortgage lenders were closing theirs. A group of mortgage professionals led by three brothers, Brett, Jon and Casey McGovern, recognized the need for a new type of mortgage lender. Their new lender had to embrace the highest standards, provide exceptional customer service and be committed to lasting relationships with brokers. Bay Equity opened in San Francisco in April of 2008 and funded its first loan one month later. In its short history, Bay Equity has expanded and is now lending in eleven western states and growing. Bay Equity has hired accomplished mortgage and financial professionals at all levels and has proudly assembled a highly experienced staff of corporate executives, operations professionals and account executives. Bay Equity has quickly been recognized as a technology leader. As a "green" lender, Bay Equity has gone paperless through an easy to use on-line system spanning the range from quick pre-qualification to full approval, and it's all paperless.

News from Bay Equity LLC:

Bay Equity Home Loans Grows Retail Presence with New Branch in Rohnert Park

San Francisco-based mortgage company expanding in California ROHNERT PARK, Calif., Dec. 2, 2013 /PRNewswire/ — Bay Equity Home Loans is pleased to announce the opening of a branch in Rohnert Park managed by mortgage industry veteran Tim Carroll. "With mortgage interest rates having increased recently, there has been a distinct slowdown in refinances nationwide," said Tim […]

Bay Equity Expands in Southern California with Addition of CalPacific and The Touchstone Group

SAN FRANCISCO, Sept. 24, 2013 /PRNewswire/ — San Francisco based mortgage lender Bay Equity Home Loans is pleased to announce CalPacific and The Touchstone Group have joined forces to expand the Bay Equity brand in Southern California. (Logo:  http://photos.prnewswire.com/prnh/20130924/PH85043LOGO) Bay Equity President and CEO Brett McGovern said, "We are honored to align with Craig Bramlett, Rick […]

Bay Equity Grows Rapidly in First Half of 2013

Mortgage Lender Bay Equity Adds 30 New Branches SAN FRANCISCO, Aug. 1, 2013 /PRNewswire/ — Bay Equity Home Loans nearly doubled its branches in the first half of the year, having its largest six months of steady and substantial growth as a San Francisco-based mortgage lender. The company has added 30 new branches as it expands […]

Bay Equity Home Loans Introduces "Bay Direct"

Program Offers More Options and Flexibility for Borrowers SAN FRANCISCO, June 6, 2013 /PRNewswire/ — Bay Equity announces the launch of the "Bay Direct" program, which gives borrowers additional loan options and flexibility on loans that meet Fannie Mae (FNMA) criteria but aren't eligible according to other standard conforming and high balance guidelines. (Logo: http://photos.prnewswire.com/prnh/20130606/PH26946LOGO) Under […]

Bay Equity Home Loans Offers Expanded HARP Loan Program to Help Struggling Homeowners Refinance

Significantly expanded Home Affordable Refinance Program assists "underwater" homeowners with their refinancing needs SANTA ROSA, Calif., June 4, 2013 /PRNewswire/ — Five years ago the real estate bubble burst and the mortgage industry imploded in the largest U.S. financial melt-down since the Great Depression. In an effort to help "at-risk-homeowners" avoid foreclosure, the Federal Government intervened […]