Honda Federal Credit Union Mortgage Lending & HMDA Data, 2020

In 2020, Honda Federal Credit Union of Marysville, OH reported 2,471 mortgage applications totaling $395.3 million, up 36% from 2019. The average application was for $159,977, and applicants reported an average income of $93,833. 58% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Columbus, OH (488), Los Angeles-Long Beach-Glendale, CA (165) and Birmingham-Hoover, AL (71) (applications in parentheses).

Mortgage Company & Address Honda Federal Credit Union

Marysville, OH 43040
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  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 2,471
Total Mortgage Loan Application Amount $395,305,000
Average Mortgage Loan Application Amount $159,977
Highest Mortgage Loan Application Amount $1,885,000
Average Applicant Income $93,833
Highest Applicant Income $5,500,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Honda Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Honda Federal Credit Union by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Union, Ohio 245 $ 35,185,000 $ 143,612 $ 98,000
Logan, Ohio 238 $ 24,820,000 $ 104,285 $ 108,000
Los Angeles, California 165 $ 57,225,000 $ 346,818 $ 134,000
Franklin, Ohio 129 $ 20,635,000 $ 159,961 $ 105,000
Champaign, Ohio 97 $ 10,755,000 $ 110,876 $ 78,000
Shelby, Ohio 97 $ 10,275,000 $ 105,927 $ 86,000
Delaware, Ohio 85 $ 14,785,000 $ 173,941 $ 123,000
Auglaize, Ohio 46 $ 5,330,000 $ 115,869 $ 87,000
St. Clair, Alabama 38 $ 5,200,000 $ 136,842 $ 86,000
Clark, Ohio 36 $ 3,730,000 $ 103,611 $ 78,000
Marion, Ohio 34 $ 3,040,000 $ 89,411 $ 81,000
Hardin, Ohio 33 $ 2,945,000 $ 89,242 $ 78,000
Talladega, Alabama 32 $ 3,480,000 $ 108,750 $ 64,000
Allen, Ohio 30 $ 2,360,000 $ 78,666 $ 67,000
Miami, Ohio 28 $ 3,530,000 $ 126,071 $ 103,000
Orange, California 26 $ 7,560,000 $ 290,769 $ 152,000
Decatur, Indiana 26 $ 2,890,000 $ 111,153 $ 70,000
Calhoun, Alabama 22 $ 2,060,000 $ 93,636 $ 76,000
Jefferson, Alabama 21 $ 2,985,000 $ 142,142 $ 103,000
Guilford, North Carolina 21 $ 3,535,000 $ 168,333 $ 117,000
Ripley, Indiana 19 $ 2,555,000 $ 134,473 $ 82,000
Etowah, Alabama 16 $ 2,040,000 $ 127,500 $ 91,000
Madison, Ohio 16 $ 2,250,000 $ 140,625 $ 86,000
Mercer, Ohio 16 $ 1,510,000 $ 94,375 $ 65,000
Marion, Indiana 15 $ 1,265,000 $ 84,333 $ 64,000
Shelby, Indiana 14 $ 1,410,000 $ 100,714 $ 80,000
Florence, South Carolina 14 $ 2,340,000 $ 167,142 $ 106,000
Carroll, Georgia 12 $ 990,000 $ 82,500 $ 86,000
Shelby, Alabama 11 $ 1,885,000 $ 171,363 $ 129,000
Montgomery, Ohio 10 $ 1,480,000 $ 148,000 $ 97,000
Haralson, Georgia 9 $ 645,000 $ 71,666 $ 53,000
Riverside, California 8 $ 2,520,000 $ 315,000 $ 92,000
San Bernardino, California 7 $ 2,845,000 $ 406,428 $ 154,000
Franklin, Indiana 7 $ 975,000 $ 139,285 $ 51,000
Rush, Indiana 7 $ 505,000 $ 72,142 $ 55,000
Darlington, South Carolina 7 $ 995,000 $ 142,142 $ 103,000
Forsyth, Georgia 6 $ 2,120,000 $ 353,333 $ 198,000
Dearborn, Indiana 6 $ 570,000 $ 95,000 $ 82,000
Cobb, Georgia 5 $ 1,075,000 $ 215,000 $ 142,000
Fulton, Georgia 5 $ 925,000 $ 185,000 $ 119,000
Bartholomew, Indiana 5 $ 395,000 $ 79,000 $ 57,000
Davidson, North Carolina 5 $ 905,000 $ 181,000 $ 71,000
Wake, North Carolina 5 $ 1,385,000 $ 277,000 $ 152,000
Fairfield, Ohio 5 $ 325,000 $ 65,000 $ 75,000
Licking, Ohio 5 $ 745,000 $ 149,000 $ 92,000
Cleburne, Alabama 4 $ 660,000 $ 165,000 $ 107,000
San Joaquin, California 4 $ 280,000 $ 70,000 $ 116,000
Gwinnett, Georgia 4 $ 650,000 $ 162,500 $ 66,000
Johnson, Indiana 4 $ 630,000 $ 157,500 $ 81,000
Alamance, North Carolina 4 $ 480,000 $ 120,000 $ 125,000
Orange, North Carolina 4 $ 1,030,000 $ 257,500 $ 125,000
Beaufort, South Carolina 4 $ 440,000 $ 110,000 $ 128,000
Maricopa, Arizona 3 $ 505,000 $ 168,333 $ 158,000
Fresno, California 3 $ 665,000 $ 221,666 $ 76,000
Kern, California 3 $ 345,000 $ 115,000 $ 84,000
Effingham, Georgia 3 $ 685,000 $ 228,333 $ 148,000
Hancock, Indiana 3 $ 285,000 $ 95,000 $ 87,000
Henry, Indiana 3 $ 195,000 $ 65,000 $ 78,000
Forsyth, North Carolina 3 $ 455,000 $ 151,666 $ 55,000
Mecklenburg, North Carolina 3 $ 545,000 $ 181,666 $ 94,000
Hamilton, Ohio 3 $ 225,000 $ 75,000 $ 118,000
Lucas, Ohio 3 $ 255,000 $ 85,000 $ 55,000
Medina, Ohio 3 $ 835,000 $ 278,333 $ 457,000
Clackamas, Oregon 3 $ 1,215,000 $ 405,000 $ 136,000
Denton, Texas 3 $ 1,005,000 $ 335,000 $ 167,000
Baldwin, Alabama 2 $ 480,000 $ 240,000 $ 86,000
Clay, Alabama 2 $ 160,000 $ 80,000 $ 54,000
San Diego, California 2 $ 270,000 $ 135,000 $ 121,000
Sarasota, Florida 2 $ 350,000 $ 175,000 $ 72,000
Cherokee, Georgia 2 $ 250,000 $ 125,000 $ 158,000
Paulding, Georgia 2 $ 230,000 $ 115,000 $ 115,000
Troup, Georgia 2 $ 150,000 $ 75,000 $ 37,000
Cook, Illinois 2 $ 230,000 $ 115,000 $ 100,000
McHenry, Illinois 2 $ 470,000 $ 235,000 $ 118,000
Brown, Indiana 2 $ 290,000 $ 145,000 $ 88,000
Jefferson, Indiana 2 $ 260,000 $ 130,000 $ 105,000
Jennings, Indiana 2 $ 150,000 $ 75,000 $ 41,000
Washtenaw, Michigan 2 $ 560,000 $ 280,000 $ 204,000
Burlington, New Jersey 2 $ 270,000 $ 135,000 $ 131,000
Gloucester, New Jersey 2 $ 300,000 $ 150,000 $ 158,000
Union, North Carolina 2 $ 290,000 $ 145,000 $ 72,000
Crawford, Ohio 2 $ 80,000 $ 40,000 $ 58,000
Cuyahoga, Ohio 2 $ 340,000 $ 170,000 $ 187,000
Darke, Ohio 2 $ 100,000 $ 50,000 $ 84,000
Morrow, Ohio 2 $ 110,000 $ 55,000 $ 102,000
Van Wert, Ohio 2 $ 110,000 $ 55,000 $ 42,000
Marion, South Carolina 2 $ 80,000 $ 40,000 $ 0
Tarrant, Texas 2 $ 170,000 $ 85,000 $ 147,000
Salt Lake, Utah 2 $ 410,000 $ 205,000 $ 140,000
Klickitat, Washington 2 $ 490,000 $ 245,000 $ 273,000
Blount, Alabama 1 $ 145,000 $ 145,000 $ 76,000
Cherokee, Alabama 1 $ 55,000 $ 55,000 $ 52,000
Coosa, Alabama 1 $ 125,000 $ 125,000 $ 0
Lee, Alabama 1 $ 45,000 $ 45,000 $ 122,000
Limestone, Alabama 1 $ 55,000 $ 55,000 $ 85,000
Marshall, Alabama 1 $ 295,000 $ 295,000 $ 104,000
Randolph, Alabama 1 $ 85,000 $ 85,000 $ 42,000
Pinal, Arizona 1 $ 135,000 $ 135,000 $ 54,000
San Luis Obispo, California 1 $ 255,000 $ 255,000 $ 144,000
Santa Barbara, California 1 $ 395,000 $ 395,000 $ 60,000
Santa Clara, California 1 $ 25,000 $ 25,000 $ 64,000
Stanislaus, California 1 $ 375,000 $ 375,000 $ 113,000
Ventura, California 1 $ 325,000 $ 325,000 $ 80,000
Douglas, Colorado 1 $ 385,000 $ 385,000 $ 73,000
Larimer, Colorado 1 $ 165,000 $ 165,000 $ 91,000
Fairfield, Connecticut 1 $ 355,000 $ 355,000 $ 0
Hartford, Connecticut 1 $ 225,000 $ 225,000 $ 193,000
Broward, Florida 1 $ 425,000 $ 425,000 $ 180,000
Charlotte, Florida 1 $ 55,000 $ 55,000 $ 50,000
Hernando, Florida 1 $ 175,000 $ 175,000 $ 95,000
Leon, Florida 1 $ 205,000 $ 205,000 $ 0
Manatee, Florida 1 $ 195,000 $ 195,000 $ 0
Marion, Florida 1 $ 125,000 $ 125,000 $ 77,000
Putnam, Florida 1 $ 115,000 $ 115,000 $ 0
Sumter, Florida 1 $ 175,000 $ 175,000 $ 139,000
Douglas, Georgia 1 $ 335,000 $ 335,000 $ 131,000
Pickens, Georgia 1 $ 505,000 $ 505,000 $ 256,000
Kootenai, Idaho 1 $ 245,000 $ 245,000 $ 231,000
Fayette, Indiana 1 $ 65,000 $ 65,000 $ 42,000
Kosciusko, Indiana 1 $ 115,000 $ 115,000 $ 48,000
Lake, Indiana 1 $ 105,000 $ 105,000 $ 0
Monroe, Indiana 1 $ 215,000 $ 215,000 $ 101,000
Morgan, Indiana 1 $ 215,000 $ 215,000 $ 75,000
Noble, Indiana 1 $ 255,000 $ 255,000 $ 158,000
Wayne, Indiana 1 $ 35,000 $ 35,000 $ 35,000
Jefferson, Kentucky 1 $ 155,000 $ 155,000 $ 35,000
Scott, Kentucky 1 $ 125,000 $ 125,000 $ 124,000
St. Mary, Louisiana 1 $ 115,000 $ 115,000 $ 179,000
Montgomery, Maryland 1 $ 375,000 $ 375,000 $ 191,000
Hampden, Massachusetts 1 $ 305,000 $ 305,000 $ 0
Ingham, Michigan 1 $ 205,000 $ 205,000 $ 224,000
Oakland, Michigan 1 $ 305,000 $ 305,000 $ 69,000
Chisago, Minnesota 1 $ 275,000 $ 275,000 $ 0
Hennepin, Minnesota 1 $ 445,000 $ 445,000 $ 100,000
Douglas, Nevada 1 $ 405,000 $ 405,000 $ 116,000
Morris, New Jersey 1 $ 305,000 $ 305,000 $ 69,000
Ocean, New Jersey 1 $ 245,000 $ 245,000 $ 147,000
Caldwell, North Carolina 1 $ 175,000 $ 175,000 $ 79,000
Davie, North Carolina 1 $ 355,000 $ 355,000 $ 131,000
Granville, North Carolina 1 $ 55,000 $ 55,000 $ 86,000
Rockingham, North Carolina 1 $ 255,000 $ 255,000 $ 79,000
Butler, Ohio 1 $ 125,000 $ 125,000 $ 142,000
Fulton, Ohio 1 $ 95,000 $ 95,000 $ 56,000
Greene, Ohio 1 $ 165,000 $ 165,000 $ 105,000
Hancock, Ohio 1 $ 515,000 $ 515,000 $ 375,000
Lake, Ohio 1 $ 145,000 $ 145,000 $ 0
Pickaway, Ohio 1 $ 125,000 $ 125,000 $ 128,000
Putnam, Ohio 1 $ 95,000 $ 95,000 $ 124,000
Stark, Ohio 1 $ 25,000 $ 25,000 $ 9,000
Warren, Ohio 1 $ 25,000 $ 25,000 $ 58,000
Washington, Ohio 1 $ 145,000 $ 145,000 $ 75,000
Yamhill, Oregon 1 $ 185,000 $ 185,000 $ 49,000
Lancaster, Pennsylvania 1 $ 155,000 $ 155,000 $ 32,000
Montgomery, Pennsylvania 1 $ 205,000 $ 205,000 $ 116,000
Philadelphia, Pennsylvania 1 $ 135,000 $ 135,000 $ 110,000
Anderson, South Carolina 1 $ 225,000 $ 225,000 $ 106,000
Dillon, South Carolina 1 $ 25,000 $ 25,000 $ 63,000
Greenville, South Carolina 1 $ 145,000 $ 145,000 $ 68,000
Spartanburg, South Carolina 1 $ 55,000 $ 55,000 $ 148,000
Bradley, Tennessee 1 $ 255,000 $ 255,000 $ 153,000
Wilson, Tennessee 1 $ 205,000 $ 205,000 $ 126,000
Bell, Texas 1 $ 195,000 $ 195,000 $ 97,000
Collin, Texas 1 $ 145,000 $ 145,000 $ 0
Dallas, Texas 1 $ 265,000 $ 265,000 $ 162,000
Grayson, Virginia 1 $ 75,000 $ 75,000 $ 92,000
Clark, Washington 1 $ 325,000 $ 325,000 $ 131,000
Oneida, Wisconsin 1 $ 235,000 $ 235,000 $ 0

Mortgage Loan Application Detail Totals for Honda Federal 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 982 $170,230,000 $173,000 $1,885,000 $85,000 $5,500,000
Cash-out Refinancing 567 $99,575,000 $175,000 $885,000 $100,000 $375,000
Refinancing 480 $87,490,000 $182,000 $805,000 $101,000 $402,000
Other Purpose 364 $26,440,000 $72,000 $455,000 $99,000 $562,000
Home Improvement 78 $11,570,000 $148,000 $505,000 $92,000 $249,000
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 1,840 $271,250,000 $147,000 $1,885,000 $94,000 $5,500,000
Not Provided 306 $52,710,000 $172,000 $1,005,000 $88,000 $375,000
Black or African American 131 $22,425,000 $171,000 $605,000 $74,000 $257,000
Asian 70 $18,960,000 $270,000 $965,000 $117,000 $300,000
Hispanic 69 $16,555,000 $239,000 $885,000 $100,000 $304,000
American Indian or Alaskan Native 11 $1,855,000 $168,000 $335,000 $76,000 $169,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 2,471 $395,305,000 $159,000 $1,885,000 $93,000 $5,500,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
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 1,421 $213,195,000 $150,000 $1,885,000 $99,000 $562,000
Preapproval Approved but not Accepted 421 $83,405,000 $198,000 $1,005,000 $82,000 $520,000
Application Withdrawn By Applicant 360 $62,660,000 $174,000 $885,000 $99,000 $370,000
Preapproval Denied by Financial Institution 164 $22,170,000 $135,000 $575,000 $52,000 $316,000
Application Denied By Financial Institution 105 $13,875,000 $132,000 $1,805,000 $120,000 $5,500,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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 2,202 $359,260,000 $163,000 $1,885,000 $95,000 $562,000
Credit History 168 $20,070,000 $119,000 $425,000 $90,000 $5,500,000
Debt-To-Income Ratio 62 $11,850,000 $191,000 $1,805,000 $59,000 $236,000
Insufficient Cash (Downpayment, Closing Cost) 17 $1,715,000 $100,000 $255,000 $41,000 $74,000
Collateral 14 $1,050,000 $75,000 $215,000 $57,000 $134,000
Employment History 4 $720,000 $180,000 $245,000 $61,000 $85,000
Unverifiable Information 3 $345,000 $115,000 $205,000 $68,000 $108,000
Credit Application Incomplete 1 $295,000 $295,000 $295,000 $116,000 $116,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Honda Federal 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 Honda Federal 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.
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