Honda Federal Credit Union Mortgage Lending & HMDA Data, 2022

In 2022, Honda Federal Credit Union of Marysville, OH reported 1,972 mortgage applications totaling $330.5 million, down 7% from 2021. The average application was for $167,606, and applicants reported an average income of $92,482. 52% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Columbus, OH (332), Los Angeles-Long Beach-Glendale, CA (69) and Birmingham-Hoover, AL (50) (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 1,972
Total Mortgage Loan Application Amount $330,520,000
Average Mortgage Loan Application Amount $167,606
Highest Mortgage Loan Application Amount $1,445,000
Average Applicant Income $92,482
Highest Applicant Income $945,000

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records Honda Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Logan, Ohio 191 $ 20,315,000 $ 106,361 $ 81,000
Union, Ohio 177 $ 21,175,000 $ 119,632 $ 102,000
Franklin, Ohio 82 $ 12,920,000 $ 157,560 $ 108,000
Shelby, Ohio 81 $ 10,215,000 $ 126,111 $ 86,000
Los Angeles, California 69 $ 15,155,000 $ 219,637 $ 133,000
Champaign, Ohio 60 $ 6,320,000 $ 105,333 $ 73,000
Auglaize, Ohio 50 $ 5,160,000 $ 103,200 $ 85,000
Delaware, Ohio 50 $ 7,570,000 $ 151,400 $ 127,000
Talladega, Alabama 34 $ 3,090,000 $ 90,882 $ 82,000
Allen, Ohio 28 $ 3,310,000 $ 118,214 $ 88,000
Hardin, Ohio 28 $ 2,240,000 $ 80,000 $ 70,000
St. Clair, Alabama 26 $ 4,350,000 $ 167,307 $ 94,000
Calhoun, Alabama 24 $ 2,200,000 $ 91,666 $ 72,000
Marion, Ohio 23 $ 2,145,000 $ 93,260 $ 84,000
Decatur, Indiana 16 $ 1,940,000 $ 121,250 $ 96,000
Etowah, Alabama 15 $ 1,155,000 $ 77,000 $ 84,000
Clark, Ohio 15 $ 1,285,000 $ 85,666 $ 72,000
Mercer, Ohio 13 $ 1,315,000 $ 101,153 $ 84,000
Florence, South Carolina 13 $ 1,815,000 $ 139,615 $ 74,000
Jefferson, Alabama 12 $ 910,000 $ 75,833 $ 80,000
Madison, Ohio 12 $ 3,010,000 $ 250,833 $ 122,000
Shelby, Alabama 11 $ 1,445,000 $ 131,363 $ 124,000
Orange, California 11 $ 4,095,000 $ 372,272 $ 202,000
Gwinnett, Georgia 11 $ 2,085,000 $ 189,545 $ 101,000
Guilford, North Carolina 11 $ 1,885,000 $ 171,363 $ 127,000
Cherokee, Georgia 9 $ 2,295,000 $ 255,000 $ 111,000
Shelby, Indiana 9 $ 625,000 $ 69,444 $ 83,000
Miami, Ohio 9 $ 1,575,000 $ 175,000 $ 83,000
Riverside, California 7 $ 755,000 $ 107,857 $ 124,000
Forsyth, Georgia 7 $ 1,875,000 $ 267,857 $ 94,000
Fayette, Indiana 6 $ 420,000 $ 70,000 $ 46,000
Marion, Indiana 6 $ 510,000 $ 85,000 $ 81,000
Carroll, Georgia 5 $ 465,000 $ 93,000 $ 85,000
Ripley, Indiana 5 $ 725,000 $ 145,000 $ 74,000
Rush, Indiana 5 $ 335,000 $ 67,000 $ 33,000
Montgomery, Ohio 5 $ 525,000 $ 105,000 $ 67,000
Denton, Texas 5 $ 1,585,000 $ 317,000 $ 122,000
Pinal, Arizona 4 $ 1,780,000 $ 445,000 $ 136,000
San Bernardino, California 4 $ 730,000 $ 182,500 $ 120,000
Cobb, Georgia 4 $ 1,180,000 $ 295,000 $ 188,000
Franklin, Indiana 4 $ 270,000 $ 67,500 $ 81,000
Alamance, North Carolina 4 $ 300,000 $ 75,000 $ 80,000
Rockingham, North Carolina 4 $ 380,000 $ 95,000 $ 99,000
Fairfield, Ohio 4 $ 820,000 $ 205,000 $ 96,000
Licking, Ohio 4 $ 880,000 $ 220,000 $ 107,000
Darlington, South Carolina 4 $ 100,000 $ 25,000 $ 97,000
Duval, Florida 3 $ 705,000 $ 235,000 $ 87,000
Paulding, Georgia 3 $ 425,000 $ 141,666 $ 133,000
Bartholomew, Indiana 3 $ 255,000 $ 85,000 $ 68,000
Hancock, Indiana 3 $ 745,000 $ 248,333 $ 114,000
Forsyth, North Carolina 3 $ 315,000 $ 105,000 $ 59,000
Warren, Ohio 3 $ 675,000 $ 225,000 $ 130,000
Beaufort, South Carolina 3 $ 1,915,000 $ 638,333 $ 326,000
Morgan, Alabama 2 $ 330,000 $ 165,000 $ 88,000
Maricopa, Arizona 2 $ 860,000 $ 430,000 $ 172,000
Kern, California 2 $ 300,000 $ 150,000 $ 94,000
Lake, Florida 2 $ 700,000 $ 350,000 $ 141,000
Lee, Florida 2 $ 510,000 $ 255,000 $ 116,000
Bartow, Georgia 2 $ 130,000 $ 65,000 $ 100,000
DeKalb, Georgia 2 $ 160,000 $ 80,000 $ 173,000
Douglas, Georgia 2 $ 460,000 $ 230,000 $ 142,000
Haralson, Georgia 2 $ 160,000 $ 80,000 $ 46,000
Hamilton, Indiana 2 $ 510,000 $ 255,000 $ 90,000
Johnson, Indiana 2 $ 70,000 $ 35,000 $ 115,000
Wayne, Indiana 2 $ 60,000 $ 30,000 $ 59,000
Hampden, Massachusetts 2 $ 380,000 $ 190,000 $ 74,000
Wayne, Michigan 2 $ 280,000 $ 140,000 $ 65,000
Caswell, North Carolina 2 $ 50,000 $ 25,000 $ 72,000
Randolph, North Carolina 2 $ 410,000 $ 205,000 $ 120,000
Wake, North Carolina 2 $ 770,000 $ 385,000 $ 123,000
Butler, Ohio 2 $ 390,000 $ 195,000 $ 66,000
Cuyahoga, Ohio 2 $ 420,000 $ 210,000 $ 27,000
Darke, Ohio 2 $ 710,000 $ 355,000 $ 145,000
Greene, Ohio 2 $ 410,000 $ 205,000 $ 54,000
Morrow, Ohio 2 $ 80,000 $ 40,000 $ 60,000
Stark, Ohio 2 $ 110,000 $ 55,000 $ 44,000
Berks, Pennsylvania 2 $ 340,000 $ 170,000 $ 108,000
Dorchester, South Carolina 2 $ 390,000 $ 195,000 $ 85,000
McCormick, South Carolina 2 $ 380,000 $ 190,000 $ 158,000
Richland, South Carolina 2 $ 200,000 $ 100,000 $ 128,000
Sumter, South Carolina 2 $ 140,000 $ 70,000 $ 64,000
Scott, Tennessee 2 $ 560,000 $ 280,000 $ 124,000
Martinsville, Virginia 2 $ 120,000 $ 60,000 $ 102,000
Blount, Alabama 1 $ 65,000 $ 65,000 $ 77,000
Coosa, Alabama 1 $ 95,000 $ 95,000 $ 60,000
Limestone, Alabama 1 $ 175,000 $ 175,000 $ 95,000
Madison, Alabama 1 $ 365,000 $ 365,000 $ 158,000
Marshall, Alabama 1 $ 55,000 $ 55,000 $ 17,000
Perry, Alabama 1 $ 35,000 $ 35,000 $ 130,000
Contra Costa, California 1 $ 125,000 $ 125,000 $ 158,000
Sacramento, California 1 $ 85,000 $ 85,000 $ 55,000
San Francisco, California 1 $ 305,000 $ 305,000 $ 175,000
Douglas, Colorado 1 $ 955,000 $ 955,000 $ 136,000
Hartford, Connecticut 1 $ 65,000 $ 65,000 $ 146,000
Brevard, Florida 1 $ 375,000 $ 375,000 $ 162,000
Broward, Florida 1 $ 255,000 $ 255,000 $ 108,000
Citrus, Florida 1 $ 245,000 $ 245,000 $ 177,000
Collier, Florida 1 $ 275,000 $ 275,000 $ 159,000
Escambia, Florida 1 $ 325,000 $ 325,000 $ 135,000
Hernando, Florida 1 $ 245,000 $ 245,000 $ 177,000
Hillsborough, Florida 1 $ 105,000 $ 105,000 $ 125,000
Indian River, Florida 1 $ 215,000 $ 215,000 $ 116,000
Leon, Florida 1 $ 245,000 $ 245,000 $ 179,000
Madison, Florida 1 $ 95,000 $ 95,000 $ 52,000
Osceola, Florida 1 $ 135,000 $ 135,000 $ 0
Palm Beach, Florida 1 $ 205,000 $ 205,000 $ 130,000
Pasco, Florida 1 $ 205,000 $ 205,000 $ 63,000
Pinellas, Florida 1 $ 435,000 $ 435,000 $ 114,000
Putnam, Florida 1 $ 115,000 $ 115,000 $ 58,000
Sarasota, Florida 1 $ 195,000 $ 195,000 $ 180,000
St. Johns, Florida 1 $ 415,000 $ 415,000 $ 180,000
Baldwin, Georgia 1 $ 65,000 $ 65,000 $ 56,000
Bryan, Georgia 1 $ 415,000 $ 415,000 $ 233,000
Coweta, Georgia 1 $ 85,000 $ 85,000 $ 186,000
Dawson, Georgia 1 $ 315,000 $ 315,000 $ 76,000
Hall, Georgia 1 $ 255,000 $ 255,000 $ 78,000
McIntosh, Georgia 1 $ 125,000 $ 125,000 $ 30,000
Kootenai, Idaho 1 $ 355,000 $ 355,000 $ 0
Cook, Illinois 1 $ 225,000 $ 225,000 $ 123,000
DuPage, Illinois 1 $ 375,000 $ 375,000 $ 175,000
Will, Illinois 1 $ 105,000 $ 105,000 $ 172,000
Boone, Indiana 1 $ 245,000 $ 245,000 $ 186,000
Dearborn, Indiana 1 $ 25,000 $ 25,000 $ 56,000
Hendricks, Indiana 1 $ 135,000 $ 135,000 $ 133,000
Jefferson, Indiana 1 $ 145,000 $ 145,000 $ 155,000
Jennings, Indiana 1 $ 355,000 $ 355,000 $ 102,000
Noble, Indiana 1 $ 405,000 $ 405,000 $ 177,000
Tipton, Indiana 1 $ 115,000 $ 115,000 $ 41,000
Campbell, Kentucky 1 $ 165,000 $ 165,000 $ 52,000
Shelby, Kentucky 1 $ 245,000 $ 245,000 $ 80,000
Charles, Maryland 1 $ 325,000 $ 325,000 $ 240,000
Worcester, Massachusetts 1 $ 295,000 $ 295,000 $ 93,000
Alger, Michigan 1 $ 65,000 $ 65,000 $ 62,000
Cass, Michigan 1 $ 185,000 $ 185,000 $ 70,000
Genesee, Michigan 1 $ 235,000 $ 235,000 $ 135,000
Kent, Michigan 1 $ 495,000 $ 495,000 $ 220,000
Oakland, Michigan 1 $ 55,000 $ 55,000 $ 104,000
Forrest, Mississippi 1 $ 75,000 $ 75,000 $ 40,000
Dallas, Missouri 1 $ 75,000 $ 75,000 $ 21,000
Jackson, Missouri 1 $ 195,000 $ 195,000 $ 87,000
Rockingham, New Hampshire 1 $ 465,000 $ 465,000 $ 110,000
Ocean, New Jersey 1 $ 245,000 $ 245,000 $ 76,000
Rio Arriba, New Mexico 1 $ 65,000 $ 65,000 $ 101,000
Brunswick, North Carolina 1 $ 415,000 $ 415,000 $ 178,000
Davie, North Carolina 1 $ 485,000 $ 485,000 $ 120,000
Durham, North Carolina 1 $ 355,000 $ 355,000 $ 93,000
Johnston, North Carolina 1 $ 295,000 $ 295,000 $ 195,000
Onslow, North Carolina 1 $ 105,000 $ 105,000 $ 61,000
Pitt, North Carolina 1 $ 125,000 $ 125,000 $ 44,000
Carroll, Ohio 1 $ 175,000 $ 175,000 $ 166,000
Clinton, Ohio 1 $ 25,000 $ 25,000 $ 37,000
Gallia, Ohio 1 $ 65,000 $ 65,000 $ 189,000
Geauga, Ohio 1 $ 55,000 $ 55,000 $ 114,000
Hancock, Ohio 1 $ 295,000 $ 295,000 $ 163,000
Huron, Ohio 1 $ 125,000 $ 125,000 $ 150,000
Jackson, Ohio 1 $ 55,000 $ 55,000 $ 84,000
Lorain, Ohio 1 $ 35,000 $ 35,000 $ 122,000
Pickaway, Ohio 1 $ 295,000 $ 295,000 $ 68,000
Richland, Ohio 1 $ 75,000 $ 75,000 $ 58,000
Summit, Ohio 1 $ 125,000 $ 125,000 $ 50,000
Van Wert, Ohio 1 $ 75,000 $ 75,000 $ 62,000
Washington, Ohio 1 $ 25,000 $ 25,000 $ 88,000
Cleveland, Oklahoma 1 $ 645,000 $ 645,000 $ 82,000
Montgomery, Pennsylvania 1 $ 165,000 $ 165,000 $ 46,000
Horry, South Carolina 1 $ 105,000 $ 105,000 $ 62,000
Marion, South Carolina 1 $ 65,000 $ 65,000 $ 0
Oconee, South Carolina 1 $ 65,000 $ 65,000 $ 91,000
York, South Carolina 1 $ 185,000 $ 185,000 $ 210,000
Roane, Tennessee 1 $ 105,000 $ 105,000 $ 67,000
Williamson, Tennessee 1 $ 355,000 $ 355,000 $ 97,000
Collin, Texas 1 $ 595,000 $ 595,000 $ 192,000
Dallas, Texas 1 $ 365,000 $ 365,000 $ 101,000
Grayson, Texas 1 $ 215,000 $ 215,000 $ 54,000
Kendall, Texas 1 $ 325,000 $ 325,000 $ 255,000
Rusk, Texas 1 $ 25,000 $ 25,000 $ 75,000
Tarrant, Texas 1 $ 265,000 $ 265,000 $ 120,000
Salt Lake, Utah 1 $ 255,000 $ 255,000 $ 95,000
Alexandria, Virginia 1 $ 255,000 $ 255,000 $ 62,000
Chesterfield, Virginia 1 $ 125,000 $ 125,000 $ 70,000
Virginia Beach, Virginia 1 $ 165,000 $ 165,000 $ 34,000
King, Washington 1 $ 475,000 $ 475,000 $ 67,000
Walworth, Wisconsin 1 $ 205,000 $ 205,000 $ 206,000

Mortgage Loan Application Detail Totals for Honda Federal Credit Union in 2022

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 961 $221,035,000 $230,000 $1,445,000 $90,000 $945,000
Cash-out Refinancing 791 $83,175,000 $105,000 $655,000 $96,000 $570,000
Refinancing 139 $17,675,000 $127,000 $565,000 $87,000 $226,000
Home Improvement 81 $8,635,000 $106,000 $555,000 $97,000 $252,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 1,312 $208,320,000 $158,000 $965,000 $92,000 $570,000
Not Provided 337 $54,895,000 $162,000 $1,445,000 $96,000 $763,000
Black or African American 153 $24,405,000 $159,000 $665,000 $75,000 $291,000
Hispanic 79 $17,625,000 $223,000 $725,000 $93,000 $261,000
Asian 51 $15,685,000 $307,000 $705,000 $152,000 $945,000
American Indian or Alaskan Native 12 $2,280,000 $190,000 $475,000 $86,000 $203,000
Native Hawaiian or Other Pacific Islander 3 $825,000 $275,000 $515,000 $135,000 $198,000
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) 1,972 $330,520,000 $167,000 $1,445,000 $93,000 $945,000
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 1,027 $147,115,000 $143,000 $1,445,000 $101,000 $763,000
Preapproval Approved but not Accepted 399 $99,065,000 $248,000 $965,000 $89,000 $457,000
Application Withdrawn By Applicant 204 $36,640,000 $179,000 $565,000 $97,000 $945,000
Preapproval Denied by Financial Institution 167 $28,305,000 $169,000 $665,000 $63,000 $381,000
Application Denied By Financial Institution 137 $13,815,000 $100,000 $455,000 $67,000 $226,000
File Closed For Incompleteness 38 $5,580,000 $146,000 $465,000 $90,000 $255,000
Application Approved But Not Accepted 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 1,668 $288,400,000 $172,000 $1,445,000 $97,000 $945,000
Credit History 118 $13,930,000 $118,000 $445,000 $64,000 $164,000
Debt-To-Income Ratio 103 $16,395,000 $159,000 $665,000 $61,000 $226,000
Insufficient Cash (Downpayment, Closing Cost) 42 $6,450,000 $153,000 $575,000 $58,000 $161,000
Collateral 15 $1,765,000 $117,000 $305,000 $100,000 $381,000
Employment History 12 $1,910,000 $159,000 $355,000 $58,000 $110,000
Credit Application Incomplete 7 $1,055,000 $150,000 $305,000 $88,000 $151,000
Other 4 $310,000 $77,000 $155,000 $73,000 $102,000
Unverifiable Information 3 $305,000 $101,000 $185,000 $54,000 $54,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Honda Federal Credit Union's 2022 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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