Holland Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Holland averaged 7.01% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.75% and one month ago for the week of 2024-03-07, the average rate was 7.01%.

Holland's average rate one year ago was 6.51%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.76%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Holland 30 Year Fixed Rate 2024-04-11 7.01%
Holland 30 Year Fixed Rate Refi 2024-04-11 7.76%
Holland 15 Year Fixed Rate 2024-04-11 6.26%
Holland 15 Year Fixed Rate Refi 2024-04-11 6.06%
Holland 30 Year FHA 2024-04-11 6.63%
Holland 30 Year FHA Refi 2024-04-11 6.64%
Holland 30 Year USDA 2024-04-11 6.61%
Holland 30 Year USDA Refi 2024-04-11 6.81%
Holland 30 Year VA 2024-04-11 6.57%
Holland 30 Year VA Refi 2024-04-11 6.57%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Holland, MI.

Holland Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Holland, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
LAKE MICHIGAN CREDIT UNION 136 6.71% $3,396
Neighborhood Loans, Inc. 69 6.91% $5,133
CONSUMERS 61 7.10% $3,207
UNITED WHOLESALE MORTGAGE, LLC 54 7.10% $6,139
QUICKEN LOANS, LLC 44 6.89% $6,409
United Bank of Michigan 40 6.37% $2,232
The Huntington National Bank 39 6.65% $3,769
Fifth Third Bank 37 6.90% $3,806
Macatawa Bank 32 6.07% $2,950
NORTHERN MORTGAGE SERVICES, LLC 31 6.85% $4,554
Mercantile Bank of Michigan 29 6.72% $4,268
The Dart Bank 23 6.84% $5,854
MORTGAGE CENTER L.C 21 6.60% $3,459
ARBOR FINANCIAL CREDIT UNION 21 6.29% $3,250
UNITED 15 6.73% $4,073
Independent Bank 14 6.56% $4,049
CHURCHILL MORTGAGE CORPORATION 13 7.16% $4,981
FIRST COMMUNITY MORTGAGE, INC. 12 7.08% $6,025
MORTGAGE 1 INCORPORATED 12 7.34% $6,433
RUOFF MORTGAGE COMPANY, INC. 12 6.94% $5,125
JPMorgan Chase Bank 11 6.83% $3,596
CROSSCOUNTRY MORTGAGE, LLC 11 6.72% $5,395
Old National Bank 11 6.70% $2,982
SUCCESS MORTGAGE PARTNERS, INC. 10 6.67% $8,048
Flagstar Bank, FSB 9 6.97% $3,618
ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 7.26% $5,936
PNC Bank 7 6.95% $4,275
UNION HOME MORTGAGE CORP. 7 6.80% $7,735
NEWREZ LLC 7 7.32% $5,556
OAK MORTGAGE, LLC 6 7.23% $4,758
Northpointe Bank 6 7.27% $4,929
AMERICAN PACIFIC MORTGAGE CORPORATION 6 7.04% $4,314
Horizon Bank 5 6.83% $5,383
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 5 6.63% $3,892
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 7.15% $5,797
Mr. Cooper ( Nationstar Mortgage ) 5 6.49% $8,734
Honor Credit Union 5 7.20% $3,827
TOP FLITE FINANCIAL, INC. 4 6.75% $9,687
LOANDEPOT.COM, LLC 4 7.03% $10,244
Barrington Bank & Trust Company, N.A. 4 7.81% $4,426
MICHIGAN MUTUAL, INC. 4 6.21% $7,593
UNIVERSITY OF MICHIGAN CREDIT UNION 4 6.66% $3,128
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 7.06% $5,815
U.S. Bank 4 6.84% $4,161
GSF Mortgage Corporation 4 6.19% $5,059
GUARANTEED RATE, INC. 4 7.14% $4,420
MMS MORTGAGE SERVICES, LTD. 3 6.63% $3,238
CONTOUR MORTGAGE CORPORATION 3 6.67% $7,701
AAC Credit Union 3 7.08% $2,700
GVC MORTGAGE, INC. 3 7.49% $4,906
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.25% $3,803
Wells Fargo Bank 3 6.54% $4,753
HOMESTAR FINANCIAL CORPORATION 3 7.04% $3,801
MOVEMENT MORTGAGE, LLC 3 6.83% $10,778
Morgan Stanley Private Bank 3 6.45% $3,070
DFCU FINANCIAL 3 6.75% $4,171
GUILD MORTGAGE COMPANY 2 7.00% $5,124
Adventure Credit Union 2 6.56% $5,360
BROKER SOLUTIONS, INC. 2 7.88% $6,985
Citibank 2 5.13% $3,868
Citizens Bank 2 6.88% $4,929
CMG MORTGAGE, INC. 2 6.87% $5,396
Community West Credit Union 2 7.19% $4,547
First Merchants Bank 2 6.88% $3,401
Kellogg Community Credit Union 2 7.19% $2,920
MICHIGAN SCHOOLS AND GOVERNMENT 2 5.94% $2,679
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.81% $8,529
Pacor Mortgage Corp 2 6.19% $2,763
Prosperity Home Mortgage, LLC 2 8.00% $5,350
Raymond James Bank 2 6.56% $3,632
SUMMIT HOME MORTGAGE, LLC 2 6.94% $3,493
T2 FINANCIAL LLC 2 6.94% $7,164
VAN DYK MORTGAGE CORPORATION 2 6.00% $3,231
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.50% $3,792
GreenStone Farm Credit Services, FLCA 1 7.15% $1,927
Mortgage Research Center, LLC 1 7.63% $4,134
FREEDOM MORTGAGE CORPORATION 1 7.75% $9,710
First Savings Bank 1 6.88% $4,761
AMERISAVE MORTGAGE CORPORATION 1 6.50% $10,720
Nations Lending Corporation 1 6.25% $11,202
NAVY FEDERAL CREDIT UNION 1 6.63% $3,416
FIRST COLONY MORTGAGE CORPORATION 1 8.13% $2,739
Farmers Bank & Trust 1 6.25% $4,338
NMSI, INC. 1 8.25% $10,428
EMM LOANS LLC 1 6.50% $7,525
DIGITAL Federal Credit Union 1 6.50% $3,342
Notre Dame Federal Credit Union Corporation 1 7.25% $3,609
DEEPHAVEN MORTGAGE LLC 1 8.88% $18,962
COMPASS MORTGAGE, INC. 1 7.13% $3,468
UNITED HOME LOANS, INC. 1 7.63% $6,151
PENNYMAC LOAN SERVICES, LLC 1 6.62% $4,423
PLANET HOME LENDING, LLC 1 7.00% $4,136
Colonial Savings, F.A. 1 6.88% $7,305
Preston Home Loans Inc 1 7.63% $8,346
ChoiceOne Bank 1 5.63% $3,614
PROPER RATE, LLC 1 7.50% $8,414
AmeriHome Mortgage Company, LLC 1 6.13% $11,045
PROVIDENT FUNDING ASSOCIATES, L.P. 1 7.38% $2,417
Charles Schwab Bank, SSB 1 6.30% $0
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.50% $5,370
ROSS MORTGAGE CORPORATION 1 6.88% $4,637
ROYAL UNITED MORTGAGE LLC 1 6.88% $4,247
Busey Bank 1 5.88% $3,322
STAUNTON FINANCIAL, INC. 1 7.25% $3,525
Stifel Bank and Trust 1 6.13% $2,825
BM Real Estate Services, Inc. 1 6.13% $3,680
SUMMIT FUNDING, INC. 1 6.63% $3,873
American Mortgage & Equity Consultants, Inc. 1 7.63% $3,453
Ally Bank 1 6.75% $2,977
TEAM ONE CREDIT UNION 1 6.75% $3,921
THE ANDERSON FINANCIAL GROUP, INC. 1 7.62% $4,026
BMO Harris Bank 1 6.38% $4,885
Bethpage Federal Credit Union 1 7.38% $3,498
The State Bank 1 6.45% $2,919
Bank of America 1 6.38% $4,672
TOWNE MORTGAGE COMPANY 1 6.38% $3,448
UBS Bank USA 1 6.63% $4,776
Associated Bank 1 6.25% $4,848
LENDSURE MORTGAGE CORP. 1 9.25% $14,615
MEMBER FIRST MORTGAGE, LLC 1 8.13% $3,919
LEADERONE FINANCIAL CORPORATION 1 6.87% $4,566
LAFCU 1 7.00% $3,403
ARC HOME LLC 1 8.38% $7,934
INB 1 6.50% $3,054
HOMEXPRESS MORTGAGE CORP. 1 8.38% $10,093
HOMESTEAD FUNDING CORP. 1 6.50% $4,328

Holland Average Closing Costs & Other Stats

Holland, MI's 126 lenders originated 2,819 loans during 2023. The total origination value was $551,555,000, with an average loan value of $195,656.

Holland's average closing costs are $4,082.

The top Holland lender as defined by loan originations is LAKE MICHIGAN CREDIT UNION, with 136 loans originated. Their average total fees are $3,396, which is $1,737 lower than the next largest lender, Neighborhood Loans, Inc..

The lowest fee Holland lenders (with over 10 loans originated) are United Bank of Michigan ($2,232), Macatawa Bank ($2,950), Old National Bank ($2,982), CONSUMERS ($3,207) and ARBOR FINANCIAL CREDIT UNION ($3,250).

The lowest rate Holland lenders (with over 10 loans originated) are Macatawa Bank (6.07%), ARBOR FINANCIAL CREDIT UNION (6.29%), United Bank of Michigan (6.37%), Independent Bank (6.56%) and MORTGAGE CENTER L.C (6.60%).

Holland, MI Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
LAKE MICHIGAN CREDIT UNION $112,385,000 $71,940,000 -36.0% 13.0%
The Huntington National Bank $66,420,000 $41,840,000 -37.0% 7.6%
UNITED WHOLESALE MORTGAGE, LLC $23,805,000 $25,775,000 8.3% 4.7%
Macatawa Bank $24,530,000 $23,685,000 -3.4% 4.3%
QUICKEN LOANS, LLC $32,235,000 $22,640,000 -29.8% 4.1%
Neighborhood Loans, Inc. $19,490,000 $22,475,000 15.3% 4.1%
CONSUMERS $31,445,000 $22,090,000 -29.8% 4.0%
United Bank of Michigan $24,465,000 $20,250,000 -17.2% 3.7%
Fifth Third Bank $41,565,000 $20,160,000 -51.5% 3.7%
Mercantile Bank of Michigan $24,940,000 $13,610,000 -45.4% 2.5%
The Dart Bank $10,685,000 $13,500,000 26.3% 2.4%
Old National Bank $18,700,000 $10,420,000 -44.3% 1.9%
ARBOR FINANCIAL CREDIT UNION $18,025,000 $10,080,000 -44.1% 1.8%
PNC Bank $11,785,000 $9,830,000 -16.6% 1.8%
NORTHERN MORTGAGE SERVICES, LLC $10,485,000 $8,745,000 -16.6% 1.6%
GreenStone Farm Credit Services, FLCA $7,050,000 $8,545,000 21.2% 1.5%
West Michigan Community Bank $8,090,000 $8,125,000 0.4% 1.5%
Independent Bank $14,185,000 $7,420,000 -47.7% 1.3%
UNITED $12,270,000 $6,895,000 -43.8% 1.3%
Honor Credit Union $9,370,000 $6,620,000 -29.3% 1.2%
MORTGAGE CENTER L.C $10,675,000 $5,610,000 -47.4% 1.0%
MORTGAGE 1 INCORPORATED $11,055,000 $5,330,000 -51.8% 1.0%
ADVIA $8,375,000 $5,275,000 -37.0% 1.0%
UNION HOME MORTGAGE CORP. $6,235,000 $5,025,000 -19.4% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $5,025,000 $4,840,000 -3.7% 0.9%
SUCCESS MORTGAGE PARTNERS, INC. $5,800,000 $4,095,000 -29.4% 0.7%
JPMorgan Chase Bank $12,190,000 $3,800,000 -68.8% 0.7%
FIRST COMMUNITY MORTGAGE, INC. $1,225,000 $3,600,000 193.9% 0.7%
RUOFF MORTGAGE COMPANY, INC. $5,510,000 $3,570,000 -35.2% 0.6%
Mortgage Research Center, LLC $5,480,000 $3,540,000 -35.4% 0.6%
OAK MORTGAGE, LLC $6,325,000 $3,415,000 -46.0% 0.6%
NEWREZ LLC $2,105,000 $3,390,000 61.0% 0.6%
CHURCHILL MORTGAGE CORPORATION $4,525,000 $3,115,000 -31.2% 0.6%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $4,525,000 $3,080,000 -31.9% 0.6%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $2,960,000 $3,025,000 2.2% 0.5%
TRIAD FINANCIAL SERVICES, INC. $2,835,000 $2,945,000 3.9% 0.5%
Northpointe Bank $12,165,000 $2,660,000 -78.1% 0.5%
Horizon Bank $7,490,000 $2,565,000 -65.8% 0.5%
Adventure Credit Union $1,350,000 $2,455,000 81.9% 0.4%
Flagstar Bank, FSB $4,765,000 $2,435,000 -48.9% 0.4%
Grand River Bank $1,270,000 $2,405,000 89.4% 0.4%
LOANDEPOT.COM, LLC $6,645,000 $2,220,000 -66.6% 0.4%
ARC HOME LLC $2,145,000 n/a 0.4%
NAVY FEDERAL CREDIT UNION $2,020,000 $2,125,000 5.2% 0.4%
21ST MORTGAGE CORPORATION $2,320,000 $2,120,000 -8.6% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,565,000 $2,100,000 34.2% 0.4%
U.S. Bank $4,355,000 $1,875,000 -56.9% 0.3%
MICHIGAN MUTUAL, INC. $1,430,000 $1,865,000 30.4% 0.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $665,000 $1,760,000 164.7% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $4,965,000 $1,750,000 -64.8% 0.3%
GUARANTEED RATE, INC. $6,415,000 $1,700,000 -73.5% 0.3%
Citibank $1,690,000 n/a 0.3%
PENNYMAC LOAN SERVICES, LLC $1,995,000 $1,560,000 -21.8% 0.3%
GSF Mortgage Corporation $205,000 $1,550,000 656.1% 0.3%
Barrington Bank & Trust Company, N.A. $375,000 $1,510,000 302.7% 0.3%
City National Bank $1,510,000 n/a 0.3%
AMERICAN HERITAGE LENDING, INC. $1,505,000 n/a 0.3%
UNIVERSITY OF MICHIGAN CREDIT UNION $1,460,000 n/a 0.3%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $2,045,000 $1,455,000 -28.9% 0.3%
Bank of America $6,255,000 $1,435,000 -77.1% 0.3%
DFCU FINANCIAL $1,525,000 $1,385,000 -9.2% 0.3%
Citizens Bank $1,500,000 $1,380,000 -8.0% 0.3%
AAC Credit Union $2,140,000 $1,230,000 -42.5% 0.2%
Carrington Mortgage Services, LLC $925,000 $1,225,000 32.4% 0.2%
CLEARPATH LENDING $775,000 $1,185,000 52.9% 0.2%
MOVEMENT MORTGAGE, LLC $75,000 $1,165,000 1,453.3% 0.2%
CONTOUR MORTGAGE CORPORATION $155,000 $1,145,000 638.7% 0.2%
GUILD MORTGAGE COMPANY $1,125,000 n/a 0.2%
LENDINGHOME FUNDING CORPORATION $520,000 $1,100,000 111.5% 0.2%
Morgan Stanley Private Bank $1,405,000 $1,065,000 -24.2% 0.2%
FREEDOM MORTGAGE CORPORATION $2,615,000 $1,055,000 -59.7% 0.2%
VAN DYK MORTGAGE CORPORATION $1,985,000 $1,050,000 -47.1% 0.2%
TOP FLITE FINANCIAL, INC. $2,420,000 $1,035,000 -57.2% 0.2%
MMS MORTGAGE SERVICES, LTD. $1,040,000 $1,005,000 -3.4% 0.2%
UBS Bank USA $2,525,000 $1,005,000 -60.2% 0.2%
CMG MORTGAGE, INC. $985,000 n/a 0.2%
AMERISAVE MORTGAGE CORPORATION $3,120,000 $950,000 -69.6% 0.2%
Kellogg Community Credit Union $420,000 $950,000 126.2% 0.2%
CARDINAL FINANCIAL $1,545,000 $915,000 -40.8% 0.2%
Comerica Bank $2,495,000 $905,000 -63.7% 0.2%
GVC MORTGAGE, INC. $1,075,000 $900,000 -16.3% 0.2%
Community West Credit Union $1,390,000 $895,000 -35.6% 0.2%
ChoiceOne Bank $1,620,000 $890,000 -45.1% 0.2%
BMO Harris Bank $3,315,000 $865,000 -73.9% 0.2%
Parda Federal Credit Union $795,000 n/a 0.1%
Sturgis Bank & Trust Company $2,140,000 $785,000 -63.3% 0.1%
T2 FINANCIAL LLC $860,000 $785,000 -8.7% 0.1%
Raymond James Bank $770,000 n/a 0.1%
Charles Schwab Bank, SSB $755,000 n/a 0.1%
First Merchants Bank $235,000 $755,000 221.3% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,585,000 $750,000 -71.0% 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,265,000 $710,000 -43.9% 0.1%
Wells Fargo Bank $6,610,000 $700,000 -89.4% 0.1%
Nations Lending Corporation $1,165,000 $680,000 -41.6% 0.1%
HOMESTAR FINANCIAL CORPORATION $665,000 n/a 0.1%
Commerce Home Mortgage, Inc. $645,000 $660,000 2.3% 0.1%
Associated Bank $3,250,000 $645,000 -80.2% 0.1%
FIRST COLONY MORTGAGE CORPORATION $645,000 n/a 0.1%
Discover Bank $315,000 $635,000 101.6% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $7,455,000 $615,000 -91.8% 0.1%
VILLAGE CAPITAL MORTGAGE $615,000 n/a 0.1%
Plains Commerce Bank $605,000 n/a 0.1%
SUMMIT HOME MORTGAGE, LLC $645,000 $585,000 -9.3% 0.1%
Farmers Bank & Trust $580,000 n/a 0.1%
DEEPHAVEN MORTGAGE LLC $575,000 n/a 0.1%
BROKER SOLUTIONS, INC. $2,220,000 $550,000 -75.2% 0.1%
Figure Lending LLC $380,000 $550,000 44.7% 0.1%
AMERICAN FINANCING CORPORATION $1,150,000 $540,000 -53.0% 0.1%
COREVEST AMERICAN FINANCE LENDER LLC $505,000 n/a 0.1%
MICHIGAN SCHOOLS AND GOVERNMENT $500,000 n/a 0.1%
USAA Federal Savings Bank $1,715,000 $480,000 -72.0% 0.1%
MICHIGAN FIRST CREDIT UNION $290,000 $465,000 60.3% 0.1%
OMNI Community Credit Union $365,000 $465,000 27.4% 0.1%
DOW CHEMICAL EMPLOYEES' $455,000 n/a 0.1%
PLANET HOME LENDING, LLC $250,000 $455,000 82.0% 0.1%
STAUNTON FINANCIAL, INC. $455,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $735,000 $450,000 -38.8% 0.1%
Preston Home Loans Inc $450,000 n/a 0.1%
Colonial Savings, F.A. $445,000 n/a 0.1%
Prosperity Home Mortgage, LLC $430,000 n/a 0.1%
NEXERA HOLDING LLC $425,000 n/a 0.1%
Stifel Bank and Trust $755,000 $415,000 -45.0% 0.1%
Centier Bank $25,000 $405,000 1,520.0% 0.1%
LAFCU $395,000 n/a 0.1%
CREDIT UNION ONE $960,000 $390,000 -59.4% 0.1%
Bethpage Federal Credit Union $385,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $375,000 n/a 0.1%
DIGITAL Federal Credit Union $365,000 n/a 0.1%
Peoples Bank $365,000 n/a 0.1%
The State Bank $400,000 $365,000 -8.8% 0.1%
Busey Bank $1,045,000 $355,000 -66.0% 0.1%
Highpoint Community Bank $1,430,000 $355,000 -75.2% 0.1%
Ally Bank $470,000 $335,000 -28.7% 0.1%
THE ANDERSON FINANCIAL GROUP, INC. $335,000 n/a 0.1%
KALSEE CREDIT UNION $530,000 $325,000 -38.7% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $315,000 n/a 0.1%
INB $315,000 n/a 0.1%
LENDSURE MORTGAGE CORP. $315,000 n/a 0.1%
First Federal Bank $305,000 n/a 0.1%
TEAM ONE CREDIT UNION $305,000 n/a 0.1%
Platinum Home Mortgage Corporation $295,000 n/a 0.1%
University Bank $285,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $265,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $1,550,000 $255,000 -83.5% 0.0%
Coastal Community Bank $250,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $245,000 n/a 0.0%
SUMMIT FUNDING, INC. $245,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $470,000 $245,000 -47.9% 0.0%
Pacor Mortgage Corp $490,000 $240,000 -51.0% 0.0%
PROPER RATE, LLC $1,040,000 $235,000 -77.4% 0.0%
GREENWOOD $225,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $225,000 n/a 0.0%
NMSI, INC. $225,000 n/a 0.0%
ROSS MORTGAGE CORPORATION $225,000 n/a 0.0%
The Federal Savings Bank $870,000 $225,000 -74.1% 0.0%
CIVIC FINANCIAL SERVICES, LLC $215,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $215,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $1,115,000 $215,000 -80.7% 0.0%
Lake Trust Credit Union $335,000 $210,000 -37.3% 0.0%
MICHIGAN ONE COMMUNITY Credit Union $750,000 $210,000 -72.0% 0.0%
BM Real Estate Services, Inc. $1,160,000 $205,000 -82.3% 0.0%
COMMUNITY CHOICE CREDIT UNION $485,000 $205,000 -57.7% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $205,000 n/a 0.0%
Armed Forces Bank $195,000 n/a 0.0%
UNITED HOME LOANS, INC. $195,000 n/a 0.0%
GREENSTATE CREDIT UNION $480,000 $185,000 -61.5% 0.0%
HOMEXPRESS MORTGAGE CORP. $185,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $330,000 $185,000 -43.9% 0.0%
ROYAL UNITED MORTGAGE LLC $530,000 $185,000 -65.1% 0.0%
Notre Dame Federal Credit Union Corporation $155,000 $180,000 16.1% 0.0%
American Mortgage & Equity Consultants, Inc. $165,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $575,000 $155,000 -73.0% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $205,000 $150,000 -26.8% 0.0%
COMPASS MORTGAGE, INC. $145,000 n/a 0.0%
Equity Prime Mortgage LLC $450,000 $145,000 -67.8% 0.0%
FIRST STATE BANK $145,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $135,000 n/a 0.0%
BECKAM FUNDING CORP. $135,000 n/a 0.0%
SPRING EQ, LLC $75,000 $130,000 73.3% 0.0%
EMM LOANS LLC $115,000 n/a 0.0%
First Savings Bank $115,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $115,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $115,000 n/a 0.0%
BEACON CREDIT UNION $105,000 n/a 0.0%
Dort Financial Credit Union $545,000 $105,000 -80.7% 0.0%
KENT COUNTY CREDIT UNION $35,000 $90,000 157.1% 0.0%
MEMBERS FIRST Credit Union $345,000 $75,000 -78.3% 0.0%
Service Federal Credit Union $55,000 n/a 0.0%
MARSHALL COMMUNITY CREDIT UNION $45,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $45,000 n/a 0.0%
West Michigan Credit Union $35,000 $45,000 28.6% 0.0%
Consumers Professional Credit Union $35,000 n/a 0.0%
GENISYS $1,455,000 $25,000 -98.3% 0.0%
Meijer Credit Union $490,000 $25,000 -94.9% 0.0%
RIVER VALLEY CREDIT UNION $15,000 n/a 0.0%

Holland's top lender by overall market share is LAKE MICHIGAN CREDIT UNION, with 13.0% market share. In second place, with 7.6%, is The Huntington National Bank, having originated $41,840,000 in loans. In third place, with 4.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $25,775,000 in loans. In fourth place, with 4.3%, is Macatawa Bank, having originated $23,685,000 in loans. In fifth place, with 4.1%, is QUICKEN LOANS, LLC, having originated $22,640,000 in loans.


Holland Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Holland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $269,675 (-9.9%) $419,705 (-16.0%) 0.00 368
2018-02-01 $274,900 (-12.3%) $445,257 (-15.5%) 0.00 350
2018-03-01 $288,850 (-3.8%) $461,229 (-13.4%) 0.00 353
2018-04-01 $281,725 (-6.2%) $452,372 (-13.2%) 0.00 376
2018-05-01 $299,575 (1.7%) $447,258 (-2.5%) 0.00 419
2018-06-01 $320,000 (12.3%) $455,716 (2.8%) 0.00 457
2018-07-01 $317,975 (14.0%) $445,514 (2.9%) 0.00 504
2018-08-01 $299,000 (7.2%) $429,912 (2.1%) 0.00 504
2018-09-01 $294,900 (9.3%) $435,376 (4.4%) 0.00 490
2018-10-01 $298,810 (10.7%) $438,668 (8.7%) 0.00 481
2018-11-01 $307,470 (11.9%) $456,241 (10.7%) 0.00 463
2018-12-01 $299,000 (11.4%) $453,992 (10.1%) 0.00 403
2019-01-01 $297,475 (10.3%) $444,550 (5.9%) 0.00 356
2019-02-01 $316,975 (15.3%) $475,698 (6.8%) 0.00 336
2019-03-01 $329,207 (14.0%) $485,258 (5.2%) 0.00 361
2019-04-01 $334,975 (18.9%) $501,998 (11.0%) 0.00 376
2019-05-01 $335,000 (11.8%) $487,156 (8.9%) 0.00 419
2019-06-01 $335,000 (4.7%) $472,025 (3.6%) 0.00 477
2019-07-01 $332,456 (4.6%) $466,009 (4.6%) 0.00 522
2019-08-01 $327,200 (9.4%) $458,279 (6.6%) 0.00 529
2019-09-01 $323,150 (9.6%) $455,069 (4.5%) 0.00 540
2019-10-01 $317,500 (6.3%) $451,831 (3.0%) 0.00 552
2019-11-01 $311,950 (1.5%) $449,935 (-1.4%) 0.00 502
2019-12-01 $297,000 (-0.7%) $449,923 (-0.9%) 0.00 459
2020-01-01 $289,175 (-2.8%) $436,679 (-1.8%) 0.00 398
2020-02-01 $325,000 (2.5%) $482,091 (1.3%) 0.00 369
2020-03-01 $337,500 (2.5%) $494,337 (1.9%) 0.00 377
2020-04-01 $339,900 (1.5%) $482,730 (-3.8%) 0.00 384
2020-05-01 $339,900 (1.5%) $486,157 (-0.2%) 0.00 399
2020-06-01 $362,723 (8.3%) $520,848 (10.3%) 0.00 368
2020-07-01 $366,950 (10.4%) $530,034 (13.7%) 0.00 350
2020-08-01 $375,000 (14.6%) $572,108 (24.8%) 0.00 290
2020-09-01 $399,000 (23.5%) $603,228 (32.6%) 0.00 261
2020-10-01 $399,900 (26.0%) $659,058 (45.9%) 0.00 231
2020-11-01 $379,950 (21.8%) $635,900 (41.3%) 0.00 206
2020-12-01 $362,686 (22.1%) $631,055 (40.3%) 0.00 188
2021-01-01 $356,300 (23.2%) $609,793 (39.6%) 0.00 163
2021-02-01 $364,761 (12.2%) $641,134 (33.0%) 0.00 136
2021-03-01 $348,678 (3.3%) $626,695 (26.8%) 0.00 127
2021-04-01 $358,766 (5.6%) $668,120 (38.4%) 0.00 132
2021-05-01 $360,000 (5.9%) $681,865 (40.3%) 0.00 150
2021-06-01 $364,675 (0.5%) $667,801 (28.2%) 0.00 168
2021-07-01 $360,000 (-1.9%) $638,071 (20.4%) 0.00 187
2021-08-01 $367,450 (-2.0%) $621,239 (8.6%) 0.00 206
2021-09-01 $367,000 (-8.0%) $597,435 (-1.0%) 0.00 191
2021-10-01 $397,450 (-0.6%) $651,362 (-1.2%) 0.00 174
2021-11-01 $402,425 (5.9%) $675,168 (6.2%) 0.00 144
2021-12-01 $398,950 (10.0%) $662,433 (5.0%) 0.00 124
2022-01-01 $359,450 (0.9%) $621,724 (2.0%) 0.00 88
2022-02-01 $383,225 (5.1%) $632,531 (-1.3%) 0.00 75
2022-03-01 $377,975 (8.4%) $624,954 (-0.3%) 0.00 84
2022-04-01 $410,000 (14.3%) $616,129 (-7.8%) 0.00 103
2022-05-01 $399,950 (11.1%) $621,807 (-8.8%) 0.00 137
2022-06-01 $429,900 (17.9%) $637,613 (-4.5%) 0.00 181
2022-07-01 $425,000 (18.1%) $586,192 (-8.1%) 0.00 233
2022-08-01 $431,197 (17.4%) $587,014 (-5.5%) 0.00 248
2022-09-01 $439,675 (19.8%) $606,697 (1.6%) 0.00 230
2022-10-01 $422,000 (6.2%) $612,548 (-6.0%) 0.00 233
2022-11-01 $399,225 (-0.8%) $572,483 (-15.2%) 0.00 234
2022-12-01 $389,900 (-2.3%) $563,390 (-15.0%) 0.00 190
2023-01-01 $396,088 (10.2%) $547,403 (-12.0%) 0.00 156
2023-02-01 $399,788 (4.3%) $605,528 (-4.3%) 0.00 123
2023-03-01 $399,995 (5.8%) $663,594 (6.2%) 0.00 115
2023-04-01 $459,000 (12.0%) $718,191 (16.6%) 0.00 122
2023-05-01 $459,675 (14.9%) $698,632 (12.4%) 0.00 137
2023-06-01 $473,725 (10.2%) $690,668 (8.3%) 0.00 140
2023-07-01 $449,900 (5.9%) $641,820 (9.5%) 0.00 156
2023-08-01 $433,450 (0.5%) $703,833 (19.9%) 0.00 172
2023-09-01 $429,900 (-2.2%) $703,368 (15.9%) 0.00 198
2023-10-01 $422,450 (0.1%) $702,743 (14.7%) 0.00 218
2023-11-01 $406,225 (1.8%) $686,103 (19.9%) 0.00 205
2023-12-01 $412,450 (5.8%) $689,221 (22.3%) 0.00 179
2024-01-01 $402,425 (1.6%) $605,523 (10.6%) 0.00 152
2024-02-01 $423,500 (5.9%) $627,773 (3.7%) 0.00 138
2024-03-01 $475,000 (18.8%) $655,123 (-1.3%) 0.00 145
Holland's median listing price for 2024-03-01 was $475,000, a difference of $75,005 (18.8%) versus the prior year and $51,500 versus the prior month.

Holland's median listing price comes in at 0% of the national average.

Holland's average listing price for 2024-03-01 was $655,123, a difference of $-8,471 (-1.3%) versus the prior year and $27,350 versus the prior month.

For the 2024-03-01 period, Holland had 145 MLS listings, a difference of 7 listings (5%) versus the prior month and 30 listings (26%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Holland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,037 sqft
2018-02-01 0 days 2,055 sqft
2018-03-01 0 days 2,090 sqft
2018-04-01 0 days 2,002 sqft
2018-05-01 0 days 2,041 sqft
2018-06-01 0 days 2,059 sqft
2018-07-01 0 days 2,062 sqft
2018-08-01 0 days 2,017 sqft
2018-09-01 0 days 1,955 sqft
2018-10-01 0 days 2,013 sqft
2018-11-01 0 days 2,032 sqft
2018-12-01 0 days 2,000 sqft
2019-01-01 0 days 1,927 sqft
2019-02-01 0 days 1,914 sqft
2019-03-01 0 days 1,959 sqft
2019-04-01 0 days 1,995 sqft
2019-05-01 0 days 1,979 sqft
2019-06-01 0 days 2,028 sqft
2019-07-01 0 days 2,084 sqft
2019-08-01 0 days 2,073 sqft
2019-09-01 0 days 2,052 sqft
2019-10-01 0 days 2,028 sqft
2019-11-01 0 days 2,007 sqft
2019-12-01 0 days 1,993 sqft
2020-01-01 0 days 1,976 sqft
2020-02-01 0 days 2,002 sqft
2020-03-01 0 days 1,984 sqft
2020-04-01 0 days 2,016 sqft
2020-05-01 0 days 2,023 sqft
2020-06-01 0 days 2,018 sqft
2020-07-01 0 days 2,009 sqft
2020-08-01 0 days 2,069 sqft
2020-09-01 0 days 2,215 sqft
2020-10-01 0 days 2,193 sqft
2020-11-01 0 days 2,151 sqft
2020-12-01 0 days 2,115 sqft
2021-01-01 0 days 2,167 sqft
2021-02-01 0 days 2,187 sqft
2021-03-01 0 days 2,152 sqft
2021-04-01 0 days 2,136 sqft
2021-05-01 0 days 2,005 sqft
2021-06-01 0 days 1,996 sqft
2021-07-01 0 days 1,980 sqft
2021-08-01 0 days 2,074 sqft
2021-09-01 0 days 1,994 sqft
2021-10-01 0 days 2,069 sqft
2021-11-01 0 days 2,068 sqft
2021-12-01 0 days 2,068 sqft
2022-01-01 0 days 2,073 sqft
2022-02-01 0 days 2,072 sqft
2022-03-01 0 days 2,091 sqft
2022-04-01 0 days 2,169 sqft
2022-05-01 0 days 2,103 sqft
2022-06-01 0 days 2,149 sqft
2022-07-01 0 days 2,150 sqft
2022-08-01 0 days 2,050 sqft
2022-09-01 0 days 2,074 sqft
2022-10-01 0 days 2,112 sqft
2022-11-01 0 days 2,038 sqft
2022-12-01 0 days 1,992 sqft
2023-01-01 0 days 1,996 sqft
2023-02-01 0 days 2,067 sqft
2023-03-01 0 days 2,058 sqft
2023-04-01 0 days 2,069 sqft
2023-05-01 0 days 2,166 sqft
2023-06-01 0 days 2,184 sqft
2023-07-01 0 days 2,137 sqft
2023-08-01 0 days 2,203 sqft
2023-09-01 0 days 2,146 sqft
2023-10-01 0 days 2,120 sqft
2023-11-01 0 days 2,088 sqft
2023-12-01 0 days 2,133 sqft
2024-01-01 0 days 2,019 sqft
2024-02-01 0 days 2,075 sqft
2024-03-01 0 days 2,096 sqft
Holland's median listing age (time on market) for 2024-03-01 was 0 days.

Holland's median square footage for active listings during the 2024-03-01 period was 2,096 sqft. One year prior, the average listing was 2,058 sqft.

Holland, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,341 $363,835,000 $271,316
Home Improvement 431 $37,745,000 $87,575
Other 370 $35,120,000 $94,919
Cash Out Refi 351 $68,045,000 $193,860
Refi 326 $46,810,000 $143,589

Holland's most frequently cited loan purpose was Home Purchase, with 1,341 originations. The 2nd most popular reason was Home Improvement, with 431 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 854 $210,120,000 $246,042
Over 8% 769 $82,455,000 $107,224
7-8% 736 $146,340,000 $198,832
5-6% 364 $87,020,000 $239,066
4-5% 35 $11,785,000 $336,714
<2.5% 2 $10,000 $5,000
3-4% 2 $370,000 $185,000

During 2023, Holland's most frequently originated rate bucket was 6-7%, with 854 originations.

Loan Sizing (Holland, MI MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 973 $51,905,000 $53,345
$200k-400k 873 $240,855,000 $275,893
$100k-200k 715 $105,905,000 $148,119
$400k-600k 181 $86,245,000 $476,492
$600k-1000k 61 $45,385,000 $744,016
$Over $1MM 16 $21,260,000 $1,328,750

Holland's loan sizing saw the bucket of loans from $100,000 or less with 973 originations, totaling $51,905,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 858 $237,650,000 $276,981
20-40% 541 $59,445,000 $109,880
Under 20% 529 $24,545,000 $46,399
60-80% 491 $143,625,000 $292,515
40-60% 277 $58,645,000 $211,715
Over 100% 15 $7,385,000 $492,333

Holland's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 858 originations, totaling $237,650,000 in origination value.