Lender in Michigan · HMDA 2025
Honor Credit Union mortgages in Michigan
Honor Credit Union's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Honor Credit Union originated 502 owner-occupied single-family loans in Michigan from 588 completed applications.
Its median conventional purchase loan costs were $3,150 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
502
of 588 applications
Denial rate
4.9%
Purchase · MI 7.8%
Rate spread
+0.15 pts
Conv. · MI +0.23 pts
Loan amount
$225,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 391 | 369 | 4.9% | 6.625% | +0.15 pts | $3,150 | $225,000 |
| Refinance | 48 | 38 | 18.8% | 6.375% | +0.01 pts | $2,410 | $155,000 |
| Cash-out refinance | 149 | 95 | 34.2% | 6.625% | +0.33 pts | $2,630 | $175,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Honor Credit Union ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Berrien County | 2 | 195 | 10.7% |
| Marquette County | 3 | 59 | 9.9% |
| Cass County | 3 | 36 | 5.7% |
| Van Buren County | 4 | 56 | 6.5% |
| Branch County | 10 | 16 | 3.3% |
| Baraga County | 10 | 1 | 2.0% |
| Alger County | 12 | 1 | 2.1% |
| Kalamazoo County | 15 | 46 | 1.4% |
| Calhoun County | 15 | 30 | 1.6% |
| Hillsdale County | 16 | 5 | 1.0% |
| Dickinson County | 16 | 3 | 1.3% |
| Delta County | 16 | 2 | 1.1% |
| Houghton County | 17 | 2 | 0.6% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology