Honor Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Honor Credit Union 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Honor Credit Union Edgewood Rd Berrien Springs, MI 49103 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 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 | 4,826 |
| Total Mortgage Loan Application Amount | $663,010,000 |
| Average Mortgage Loan Application Amount | $120,400 |
| Highest Mortgage Loan Application Amount | $1,505,000 |
| Average Applicant Income | $86,000 |
| Highest Applicant Income | $1,641,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Honor Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Honor Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Honor Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Honor Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Honor Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Honor Credit Union's mortgage activity for 2020.
| 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 | 1,404 | $ 203,640,000 | $ 145,000 | $ 97,000 |
| Van Buren County Michigan | 359 | $ 43,305,000 | $ 120,000 | $ 86,000 |
| Kalamazoo County Michigan | 345 | $ 50,515,000 | $ 146,000 | $ 90,000 |
| Marquette County Michigan | 341 | $ 43,815,000 | $ 128,000 | $ 84,000 |
| Calhoun County Michigan | 322 | $ 34,890,000 | $ 108,000 | $ 69,000 |
| Cass County Michigan | 248 | $ 32,160,000 | $ 129,000 | $ 83,000 |
| Branch County Michigan | 204 | $ 22,440,000 | $ 110,000 | $ 73,000 |
| Allegan County Michigan | 145 | $ 17,695,000 | $ 122,000 | $ 76,000 |
| Barry County Michigan | 47 | $ 8,355,000 | $ 177,000 | $ 88,000 |
| St. Joseph County Indiana | 41 | $ 6,575,000 | $ 160,000 | $ 75,000 |
| Hillsdale County Michigan | 32 | $ 3,270,000 | $ 102,000 | $ 71,000 |
| Kent County Michigan | 30 | $ 4,980,000 | $ 166,000 | $ 94,000 |
| St. Joseph County Michigan | 28 | $ 2,980,000 | $ 106,000 | $ 81,000 |
| Oakland County Michigan | 13 | $ 3,075,000 | $ 236,000 | $ 220,000 |
| Duval County Florida | 11 | $ 2,375,000 | $ 215,000 | $ 124,000 |
| Alger County Michigan | 9 | $ 805,000 | $ 89,000 | $ 63,000 |
| Ottawa County Michigan | 9 | $ 1,225,000 | $ 136,000 | $ 83,000 |
| Houghton County Michigan | 8 | $ 770,000 | $ 96,000 | $ 72,000 |
| Elkhart County Indiana | 7 | $ 1,525,000 | $ 217,000 | $ 90,000 |
| Jackson County Michigan | 7 | $ 825,000 | $ 117,000 | $ 115,000 |
| Wayne County Michigan | 7 | $ 955,000 | $ 136,000 | $ 93,000 |
| Lee County Florida | 6 | $ 3,350,000 | $ 558,000 | $ 288,000 |
| LaPorte County Indiana | 6 | $ 910,000 | $ 151,000 | $ 77,000 |
| Eaton County Michigan | 6 | $ 1,090,000 | $ 181,000 | $ 61,000 |
| Mason County Michigan | 6 | $ 1,100,000 | $ 183,000 | $ 97,000 |
| Steuben County Indiana | 5 | $ 825,000 | $ 165,000 | $ 54,000 |
| Ingham County Michigan | 5 | $ 905,000 | $ 181,000 | $ 185,000 |
| Washtenaw County Michigan | 5 | $ 1,185,000 | $ 237,000 | $ 127,000 |
| Lake County Indiana | 4 | $ 690,000 | $ 172,000 | $ 172,000 |
| Ionia County Michigan | 4 | $ 590,000 | $ 147,000 | $ 87,000 |
| Monroe County Michigan | 4 | $ 860,000 | $ 215,000 | $ 103,000 |
| Muskegon County Michigan | 4 | $ 950,000 | $ 237,000 | $ 118,000 |
| St. Johns County Florida | 3 | $ 535,000 | $ 178,000 | $ 91,000 |
| Tippecanoe County Indiana | 3 | $ 455,000 | $ 151,000 | $ 132,000 |
| Dickinson County Michigan | 3 | $ 575,000 | $ 191,000 | $ 162,000 |
| Brevard County Florida | 2 | $ 630,000 | $ 315,000 | $ 265,000 |
| Osceola County Florida | 2 | $ 600,000 | $ 300,000 | $ 96,000 |
| Pinellas County Florida | 2 | $ 170,000 | $ 85,000 | $ 130,000 |
| St. Lucie County Florida | 2 | $ 150,000 | $ 75,000 | $ 83,000 |
| Effingham County Georgia | 2 | $ 340,000 | $ 170,000 | $ 49,000 |
| Cook County Illinois | 2 | $ 150,000 | $ 75,000 | $ 168,000 |
| Kosciusko County Indiana | 2 | $ 740,000 | $ 370,000 | $ 123,000 |
| Alpena County Michigan | 2 | $ 610,000 | $ 305,000 | $ 127,000 |
| Benzie County Michigan | 2 | $ 80,000 | $ 40,000 | $ 24,000 |
| Chippewa County Michigan | 2 | $ 280,000 | $ 140,000 | $ 289,000 |
| Clinton County Michigan | 2 | $ 490,000 | $ 245,000 | $ 92,000 |
| Delta County Michigan | 2 | $ 110,000 | $ 55,000 | $ 38,000 |
| Grand Traverse County Michigan | 2 | $ 220,000 | $ 110,000 | $ 145,000 |
| Lake County Michigan | 2 | $ 120,000 | $ 60,000 | $ 54,000 |
| Leelanau County Michigan | 2 | $ 1,220,000 | $ 610,000 | $ 192,000 |
| Lenawee County Michigan | 2 | $ 260,000 | $ 130,000 | $ 55,000 |
| Livingston County Michigan | 2 | $ 590,000 | $ 295,000 | $ 193,000 |
| Luce County Michigan | 2 | $ 230,000 | $ 115,000 | $ 71,000 |
| Macomb County Michigan | 2 | $ 360,000 | $ 180,000 | $ 116,000 |
| Missaukee County Michigan | 2 | $ 300,000 | $ 150,000 | $ 125,000 |
| Hennepin County Minnesota | 2 | $ 330,000 | $ 165,000 | $ 115,000 |
| Washoe County Nevada | 2 | $ 790,000 | $ 395,000 | $ 182,000 |
| Horry County South Carolina | 2 | $ 200,000 | $ 100,000 | $ 64,000 |
| Eau Claire County Wisconsin | 2 | $ 170,000 | $ 85,000 | $ 53,000 |
| Outagamie County Wisconsin | 2 | $ 630,000 | $ 315,000 | $ 294,000 |
| Charlotte County Florida | 1 | $ 55,000 | $ 55,000 | $ 49,000 |
| Collier County Florida | 1 | $ 485,000 | $ 485,000 | $ 310,000 |
| Hillsborough County Florida | 1 | $ 185,000 | $ 185,000 | $ 95,000 |
| Miami-Dade County Florida | 1 | $ 575,000 | $ 575,000 | $ 192,000 |
| Palm Beach County Florida | 1 | $ 105,000 | $ 105,000 | $ 73,000 |
| Volusia County Florida | 1 | $ 145,000 | $ 145,000 | $ 314,000 |
| Chatham County Georgia | 1 | $ 35,000 | $ 35,000 | $ 97,000 |
| Gwinnett County Georgia | 1 | $ 245,000 | $ 245,000 | $ 170,000 |
| Edgar County Illinois | 1 | $ 165,000 | $ 165,000 | $ 550,000 |
| Allen County Indiana | 1 | $ 165,000 | $ 165,000 | $ 33,000 |
| Crawford County Indiana | 1 | $ 355,000 | $ 355,000 | $ 191,000 |
| Huntington County Indiana | 1 | $ 35,000 | $ 35,000 | $ 21,000 |
| Marion County Indiana | 1 | $ 165,000 | $ 165,000 | $ 59,000 |
| Campbell County Kentucky | 1 | $ 15,000 | $ 15,000 | $ 89,000 |
| Charlevoix County Michigan | 1 | $ 195,000 | $ 195,000 | $ 60,000 |
| Clare County Michigan | 1 | $ 15,000 | $ 15,000 | $ 19,000 |
| Crawford County Michigan | 1 | $ 55,000 | $ 55,000 | $ 38,000 |
| Gogebic County Michigan | 1 | $ 275,000 | $ 275,000 | $ 97,000 |
| Iron County Michigan | 1 | $ 75,000 | $ 75,000 | $ 98,000 |
| Lapeer County Michigan | 1 | $ 515,000 | $ 515,000 | $ 292,000 |
| Mackinac County Michigan | 1 | $ 25,000 | $ 25,000 | $ 75,000 |
| Manistee County Michigan | 1 | $ 35,000 | $ 35,000 | $ 89,000 |
| Mecosta County Michigan | 1 | $ 85,000 | $ 85,000 | $ 44,000 |
| Menominee County Michigan | 1 | $ 135,000 | $ 135,000 | $ 36,000 |
| Newaygo County Michigan | 1 | $ 45,000 | $ 45,000 | $ 21,000 |
| Oceana County Michigan | 1 | $ 305,000 | $ 305,000 | $ 229,000 |
| Ontonagon County Michigan | 1 | $ 45,000 | $ 45,000 | $ 86,000 |
| Otsego County Michigan | 1 | $ 155,000 | $ 155,000 | $ 358,000 |
| Presque Isle County Michigan | 1 | $ 155,000 | $ 155,000 | $ 70,000 |
| Saginaw County Michigan | 1 | $ 75,000 | $ 75,000 | $ 48,000 |
| Sanilac County Michigan | 1 | $ 25,000 | $ 25,000 | $ 33,000 |
| Schoolcraft County Michigan | 1 | $ 115,000 | $ 115,000 | $ 68,000 |
| Shiawassee County Michigan | 1 | $ 125,000 | $ 125,000 | $ 95,000 |
| St. Clair County Michigan | 1 | $ 165,000 | $ 165,000 | $ 108,000 |
| Cass County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 95,000 |
| Lafayette County Missouri | 1 | $ 45,000 | $ 45,000 | $ 98,000 |
| Summit County Ohio | 1 | $ 155,000 | $ 155,000 | $ 103,000 |
| Williams County Ohio | 1 | $ 105,000 | $ 105,000 | $ 31,000 |
| Erie County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 44,000 |
| Kershaw County South Carolina | 1 | $ 195,000 | $ 195,000 | $ 75,000 |
| Laurens County South Carolina | 1 | $ 165,000 | $ 165,000 | $ 41,000 |
| Meigs County Tennessee | 1 | $ 305,000 | $ 305,000 | $ 125,000 |
| Roane County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 97,000 |
| Salt Lake County Utah | 1 | $ 105,000 | $ 105,000 | $ 140,000 |
| Dane County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 127,000 |
| Iron County Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 79,000 |
| Kenosha County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 93,000 |
Mortgage Loan Application Detail Totals for Honor Credit Union in 2020
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 | 2,045 | $307,995,000 | $150,000 | $1,445,000 | $74,000 | $1,641,000 |
| Refinancing | 1,012 | $167,230,000 | $165,000 | $1,485,000 | $94,000 | $1,290,000 |
| Cash-out Refinancing | 753 | $126,075,000 | $167,000 | $1,505,000 | $91,000 | $833,000 |
| Other Purpose | 510 | $35,410,000 | $69,000 | $575,000 | $88,000 | $598,000 |
| Home Improvement | 506 | $26,300,000 | $51,000 | $365,000 | $83,000 | $839,000 |
| 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 | 3,947 | $554,735,000 | $140,000 | $1,485,000 | $84,000 | $1,290,000 |
| Not Provided | 596 | $73,100,000 | $122,000 | $1,505,000 | $87,000 | $1,641,000 |
| Black or African American | 146 | $16,500,000 | $113,000 | $545,000 | $65,000 | $343,000 |
| Hispanic | 95 | $13,535,000 | $142,000 | $1,445,000 | $69,000 | $500,000 |
| American Indian or Alaskan Native | 20 | $2,100,000 | $105,000 | $285,000 | $69,000 | $141,000 |
| Asian | 18 | $2,200,000 | $122,000 | $265,000 | $78,000 | $182,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $225,000 | $225,000 | $225,000 | $60,000 | $60,000 |
| 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) | 4,567 | $633,745,000 | $138,000 | $1,505,000 | $85,000 | $1,641,000 |
| FHA-insured (Federal Housing Administration) | 196 | $22,060,000 | $112,000 | $305,000 | $49,000 | $123,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 63 | $7,205,000 | $114,000 | $215,000 | $43,000 | $86,000 |
| 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 | 2,700 | $386,860,000 | $143,000 | $1,505,000 | $95,000 | $1,641,000 |
| Application Approved But Not Accepted | 562 | $79,300,000 | $141,000 | $1,135,000 | $89,000 | $1,290,000 |
| Application Denied By Financial Institution | 543 | $55,465,000 | $102,000 | $505,000 | $60,000 | $277,000 |
| Preapproval Denied by Financial Institution | 504 | $63,850,000 | $126,000 | $615,000 | $51,000 | $375,000 |
| Preapproval Approved but not Accepted | 494 | $74,060,000 | $149,000 | $1,205,000 | $71,000 | $1,094,000 |
| File Closed For Incompleteness | 17 | $2,525,000 | $148,000 | $465,000 | $37,000 | $125,000 |
| Application Withdrawn By Applicant | 4 | $830,000 | $207,000 | $435,000 | $118,000 | $304,000 |
| Loan Purchased By The Institution | 2 | $120,000 | $60,000 | $75,000 | $74,000 | $74,000 |
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 | 3,779 | $543,695,000 | $143,000 | $1,505,000 | $91,000 | $1,641,000 |
| Debt-To-Income Ratio | 381 | $42,145,000 | $110,000 | $455,000 | $48,000 | $212,000 |
| Credit History | 324 | $33,190,000 | $102,000 | $615,000 | $53,000 | $240,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 86 | $13,060,000 | $151,000 | $395,000 | $62,000 | $168,000 |
| Other | 78 | $9,760,000 | $125,000 | $355,000 | $62,000 | $375,000 |
| Unverifiable Information | 78 | $12,170,000 | $156,000 | $515,000 | $86,000 | $360,000 |
| Employment History | 60 | $5,300,000 | $88,000 | $195,000 | $49,000 | $120,000 |
| Collateral | 21 | $1,915,000 | $91,000 | $225,000 | $76,000 | $200,000 |
| Credit Application Incomplete | 17 | $1,495,000 | $87,000 | $275,000 | $66,000 | $161,000 |
| Mortgage Insurance Denied | 2 | $280,000 | $140,000 | $145,000 | $48,000 | $55,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Honor Credit Union's 2020 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Honor Credit Union's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Michigan, download the full spreadsheet
with aggregated HMDA statistics today.