Honor Credit Union
Mortgage Loan Application
Totals and Details
for 2019
Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Honor Credit Union.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Honor Credit Union Edgewood Rd Berrien Springs, MI 49103 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,628 |
| Total Mortgage Loan Application Amount | $331,260,000 |
| Average Mortgage Loan Application Amount | $111,000 |
| Highest Mortgage Loan Application Amount | $1,445,000 |
| Average Applicant Income | $75,600 |
| Highest Applicant Income | $1,025,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Berrien County Michigan | 682 | $ 92,370,000 | $ 135,000 | $ 82,000 |
| Calhoun County Michigan | 198 | $ 16,160,000 | $ 81,000 | $ 60,000 |
| Van Buren County Michigan | 194 | $ 21,290,000 | $ 109,000 | $ 74,000 |
| Marquette County Michigan | 175 | $ 24,025,000 | $ 137,000 | $ 77,000 |
| Kalamazoo County Michigan | 166 | $ 23,410,000 | $ 141,000 | $ 83,000 |
| Branch County Michigan | 126 | $ 14,710,000 | $ 116,000 | $ 66,000 |
| Cass County Michigan | 125 | $ 16,585,000 | $ 132,000 | $ 73,000 |
| Allegan County Michigan | 81 | $ 8,965,000 | $ 110,000 | $ 73,000 |
| Barry County Michigan | 38 | $ 6,130,000 | $ 161,000 | $ 93,000 |
| St. Joseph County Indiana | 29 | $ 4,455,000 | $ 153,000 | $ 83,000 |
| Hillsdale County Michigan | 21 | $ 2,305,000 | $ 109,000 | $ 70,000 |
| Kent County Michigan | 10 | $ 2,120,000 | $ 212,000 | $ 111,000 |
| St. Joseph County Michigan | 9 | $ 765,000 | $ 85,000 | $ 45,000 |
| Ottawa County Michigan | 8 | $ 1,340,000 | $ 167,000 | $ 75,000 |
| Eaton County Michigan | 7 | $ 995,000 | $ 142,000 | $ 67,000 |
| Houghton County Michigan | 4 | $ 530,000 | $ 132,000 | $ 87,000 |
| Jackson County Michigan | 4 | $ 460,000 | $ 115,000 | $ 104,000 |
| Washtenaw County Michigan | 4 | $ 1,160,000 | $ 290,000 | $ 154,000 |
| Delta County Michigan | 3 | $ 355,000 | $ 118,000 | $ 92,000 |
| Muskegon County Michigan | 3 | $ 605,000 | $ 201,000 | $ 131,000 |
| Alger County Michigan | 2 | $ 440,000 | $ 220,000 | $ 222,000 |
| Baraga County Michigan | 2 | $ 260,000 | $ 130,000 | $ 79,000 |
| Grand Traverse County Michigan | 2 | $ 170,000 | $ 85,000 | $ 149,000 |
| Ionia County Michigan | 2 | $ 550,000 | $ 275,000 | $ 80,000 |
| Lake County Michigan | 2 | $ 120,000 | $ 60,000 | $ 61,000 |
| Oakland County Michigan | 2 | $ 500,000 | $ 250,000 | $ 188,000 |
| Wexford County Michigan | 2 | $ 400,000 | $ 200,000 | $ 106,000 |
| Huntington County Indiana | 1 | $ 35,000 | $ 35,000 | $ 21,000 |
| Kosciusko County Indiana | 1 | $ 95,000 | $ 95,000 | $ 45,000 |
| LaPorte County Indiana | 1 | $ 225,000 | $ 225,000 | $ 73,000 |
| Marshall County Indiana | 1 | $ 305,000 | $ 305,000 | $ 728,000 |
| Porter County Indiana | 1 | $ 115,000 | $ 115,000 | $ 47,000 |
| Steuben County Indiana | 1 | $ 145,000 | $ 145,000 | $ 129,000 |
| Charlevoix County Michigan | 1 | $ 25,000 | $ 25,000 | $ 56,000 |
| Gogebic County Michigan | 1 | $ 195,000 | $ 195,000 | $ 145,000 |
| Ingham County Michigan | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
| Iron County Michigan | 1 | $ 95,000 | $ 95,000 | $ 72,000 |
| Lapeer County Michigan | 1 | $ 45,000 | $ 45,000 | $ 104,000 |
| Leelanau County Michigan | 1 | $ 845,000 | $ 845,000 | $ 227,000 |
| Livingston County Michigan | 1 | $ 335,000 | $ 335,000 | $ 343,000 |
| Luce County Michigan | 1 | $ 175,000 | $ 175,000 | $ 70,000 |
| Mason County Michigan | 1 | $ 65,000 | $ 65,000 | $ 115,000 |
| Midland County Michigan | 1 | $ 15,000 | $ 15,000 | $ 99,000 |
| Missaukee County Michigan | 1 | $ 65,000 | $ 65,000 | $ 39,000 |
| Monroe County Michigan | 1 | $ 135,000 | $ 135,000 | $ 38,000 |
| Montcalm County Michigan | 1 | $ 275,000 | $ 275,000 | $ 180,000 |
| Montmorency County Michigan | 1 | $ 245,000 | $ 245,000 | $ 153,000 |
| Newaygo County Michigan | 1 | $ 15,000 | $ 15,000 | $ 52,000 |
| Oceana County Michigan | 1 | $ 195,000 | $ 195,000 | $ 51,000 |
| Ontonagon County Michigan | 1 | $ 45,000 | $ 45,000 | $ 23,000 |
| Oscoda County Michigan | 1 | $ 65,000 | $ 65,000 | $ 54,000 |
| Otsego County Michigan | 1 | $ 35,000 | $ 35,000 | $ 52,000 |
| Roscommon County Michigan | 1 | $ 75,000 | $ 75,000 | $ 82,000 |
| Schoolcraft County Michigan | 1 | $ 115,000 | $ 115,000 | $ 68,000 |
| Shiawassee County Michigan | 1 | $ 125,000 | $ 125,000 | $ 90,000 |
| Wayne County Michigan | 1 | $ 125,000 | $ 125,000 | $ 63,000 |
| Anoka County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 50,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Honor Credit Union in 2019
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 1,561 | $219,705,000 | $140,000 | $1,445,000 | $70,000 | $1,025,000 |
| Other Purpose | 355 | $23,235,000 | $65,000 | $655,000 | $72,000 | $826,000 |
| Cash-out Refinancing | 314 | $45,690,000 | $145,000 | $1,375,000 | $80,000 | $584,000 |
| Refinancing | 213 | $35,205,000 | $165,000 | $645,000 | $83,000 | $398,000 |
| Home Improvement | 185 | $7,425,000 | $40,000 | $255,000 | $73,000 | $283,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 2,203 | $285,145,000 | $129,000 | $1,445,000 | $73,000 | $728,000 |
| Not Provided | 240 | $28,380,000 | $118,000 | $575,000 | $73,000 | $826,000 |
| Black or African American | 107 | $9,795,000 | $91,000 | $335,000 | $56,000 | $333,000 |
| Hispanic | 55 | $5,595,000 | $101,000 | $305,000 | $73,000 | $1,025,000 |
| Asian | 10 | $1,350,000 | $135,000 | $315,000 | $78,000 | $166,000 |
| American Indian or Alaskan Native | 9 | $305,000 | $33,000 | $85,000 | $40,000 | $74,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $165,000 | $165,000 | $165,000 | $68,000 | $68,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 2,362 | $303,660,000 | $128,000 | $1,445,000 | $75,000 | $1,025,000 |
| FHA-insured (Federal Housing Administration) | 190 | $19,540,000 | $102,000 | $265,000 | $49,000 | $196,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 76 | $8,060,000 | $106,000 | $305,000 | $41,000 | $80,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 1,415 | $192,495,000 | $136,000 | $1,445,000 | $82,000 | $1,025,000 |
| Preapproval Approved but not Accepted | 367 | $50,525,000 | $137,000 | $585,000 | $64,000 | $342,000 |
| Application Approved But Not Accepted | 313 | $40,025,000 | $127,000 | $635,000 | $79,000 | $826,000 |
| Preapproval Denied by Financial Institution | 293 | $28,925,000 | $98,000 | $375,000 | $43,000 | $242,000 |
| Application Denied By Financial Institution | 238 | $19,210,000 | $80,000 | $405,000 | $55,000 | $396,000 |
| Application Withdrawn By Applicant | 2 | $80,000 | $40,000 | $45,000 | $30,000 | $50,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not applicable | 2,097 | $283,125,000 | $135,000 | $1,445,000 | $79,000 | $1,025,000 |
| Credit History | 261 | $22,595,000 | $86,000 | $375,000 | $48,000 | $242,000 |
| Debt-To-Income Ratio | 176 | $16,330,000 | $92,000 | $355,000 | $42,000 | $124,000 |
| Employment History | 31 | $2,485,000 | $80,000 | $195,000 | $44,000 | $116,000 |
| Collateral | 20 | $1,930,000 | $96,000 | $405,000 | $86,000 | $396,000 |
| Unverifiable Information | 17 | $2,105,000 | $123,000 | $265,000 | $79,000 | $220,000 |
| Other | 11 | $1,135,000 | $103,000 | $255,000 | $52,000 | $94,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $845,000 | $93,000 | $145,000 | $55,000 | $100,000 |
| Mortgage Insurance Denied | 4 | $450,000 | $112,000 | $205,000 | $57,000 | $96,000 |
| Credit Application Incomplete | 2 | $260,000 | $130,000 | $235,000 | $33,000 | $67,000 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.