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
6.68%
for the week of 2023-03-23, compared to the national average of
6.42% for the same period.
The average rate for the prior week (2023-03-16) was
6.96% and
one month ago for the week of 2023-02-16, the
average rate was 6.78%.
Holland's average rate one year ago was 4.27%.
For refis of the same type during the week of 2023-03-23, the average rate
was 7.07%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-23 | 6.42% |
| Holland 30 Year Fixed Rate | 2023-03-23 | 6.68% |
| Holland 30 Year Fixed Rate Refi | 2023-03-23 | 7.07% |
| Holland 15 Year Fixed Rate | 2023-03-23 | 6.26% |
| Holland 15 Year Fixed Rate Refi | 2023-03-23 | 6.33% |
| Holland 30 Year FHA | 2023-03-23 | 6.26% |
| Holland 30 Year FHA Refi | 2023-03-23 | 6.09% |
| Holland 30 Year USDA | 2023-03-23 | 6.34% |
| Holland 30 Year USDA Refi | 2023-03-23 | 5.96% |
| Holland 30 Year VA | 2023-03-23 | 6.44% |
| Holland 30 Year VA Refi | 2023-03-23 | 5.75% |
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.).
Holland Average Closing Costs & Other Stats
Holland, MI's 148 lenders originated 4,182
loans during 2022. The total origination value was $852,290,000, with an average loan value of
$203,800.
Holland's average closing costs are $3,917.
The top Holland lender as defined by loan originations is LAKE MICHIGAN CREDIT UNION, with
188 loans originated. Their average total fees are
$3,364, which is $235
higher than the next largest lender,
CONSUMERS.
The lowest fee Holland lenders (with over 10 loans originated) are
MORTGAGE CENTER L.C ($2,324), AAC Credit Union ($2,395), United Bank of Michigan ($2,660), Macatawa Bank ($2,875) and Old National Bank ($2,909).
The lowest rate Holland lenders (with over 10 loans originated) are
LOANDEPOT.COM, LLC (4.12%), Northpointe Bank (4.21%), MORTGAGE CENTER L.C (4.22%), Mr. Cooper ( Nationstar Mortgage ) (4.30%) and Honor Credit Union (4.42%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| LAKE MICHIGAN CREDIT UNION | $162,710,000 | $112,385,000 | -30.9% | 13.2% |
| The Huntington National Bank | $74,095,000 | $66,420,000 | -10.4% | 7.8% |
| Fifth Third Bank | $66,875,000 | $41,565,000 | -37.8% | 4.9% |
| QUICKEN LOANS, LLC | $92,095,000 | $32,235,000 | -65.0% | 3.8% |
| CONSUMERS | $44,345,000 | $31,445,000 | -29.1% | 3.7% |
| Mercantile Bank of Michigan | $33,800,000 | $24,940,000 | -26.2% | 2.9% |
| Macatawa Bank | $30,595,000 | $24,530,000 | -19.8% | 2.9% |
| United Bank of Michigan | $56,370,000 | $24,465,000 | -56.6% | 2.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $38,330,000 | $23,805,000 | -37.9% | 2.8% |
| Neighborhood Loans, Inc. | $29,410,000 | $19,490,000 | -33.7% | 2.3% |
| Old National Bank | $27,830,000 | $18,700,000 | -32.8% | 2.2% |
| ARBOR FINANCIAL CREDIT UNION | $23,570,000 | $18,025,000 | -23.5% | 2.1% |
| Independent Bank | $22,165,000 | $14,185,000 | -36.0% | 1.7% |
| AMERIFIRST FINANCIAL CORPORATION | $20,620,000 | $13,525,000 | -34.4% | 1.6% |
| UNITED | $15,465,000 | $12,270,000 | -20.7% | 1.4% |
| JPMorgan Chase Bank | $20,460,000 | $12,190,000 | -40.4% | 1.4% |
| Northpointe Bank | $36,385,000 | $12,165,000 | -66.6% | 1.4% |
| PNC Bank | $14,250,000 | $11,785,000 | -17.3% | 1.4% |
| MORTGAGE 1 INCORPORATED | $18,170,000 | $11,055,000 | -39.2% | 1.3% |
| The Dart Bank | $890,000 | $10,685,000 | 1,100.6% | 1.3% |
| MORTGAGE CENTER L.C | $16,560,000 | $10,675,000 | -35.5% | 1.3% |
| NORTHERN MORTGAGE SERVICES, LLC | $18,635,000 | $10,485,000 | -43.7% | 1.2% |
| Honor Credit Union | $13,420,000 | $9,370,000 | -30.2% | 1.1% |
| ADVIA | $5,290,000 | $8,375,000 | 58.3% | 1.0% |
| West Michigan Community Bank | $16,350,000 | $8,090,000 | -50.5% | 0.9% |
| Horizon Bank | $9,920,000 | $7,490,000 | -24.5% | 0.9% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $9,950,000 | $7,455,000 | -25.1% | 0.9% |
| GreenStone Farm Credit Services, FLCA | $7,935,000 | $7,050,000 | -11.2% | 0.8% |
| LOANDEPOT.COM, LLC | $11,180,000 | $6,645,000 | -40.6% | 0.8% |
| Wells Fargo Bank | $12,545,000 | $6,610,000 | -47.3% | 0.8% |
| GUARANTEED RATE, INC. | $12,335,000 | $6,415,000 | -48.0% | 0.8% |
| OAK MORTGAGE, LLC | $3,150,000 | $6,325,000 | 100.8% | 0.7% |
| Bank of America | $6,145,000 | $6,255,000 | 1.8% | 0.7% |
| UNION HOME MORTGAGE CORP. | $17,305,000 | $6,235,000 | -64.0% | 0.7% |
| SUCCESS MORTGAGE PARTNERS, INC. | $9,730,000 | $5,800,000 | -40.4% | 0.7% |
| RUOFF MORTGAGE COMPANY, INC. | $9,345,000 | $5,510,000 | -41.0% | 0.6% |
| Mortgage Research Center, LLC | $5,605,000 | $5,480,000 | -2.2% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $9,255,000 | $5,025,000 | -45.7% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $9,575,000 | $4,965,000 | -48.1% | 0.6% |
| Flagstar Bank, FSB | $10,480,000 | $4,765,000 | -54.5% | 0.6% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $5,790,000 | $4,525,000 | -21.8% | 0.5% |
| CHURCHILL MORTGAGE CORPORATION | $7,925,000 | $4,525,000 | -42.9% | 0.5% |
| CALIBER HOME LOANS, INC. | $10,345,000 | $4,425,000 | -57.2% | 0.5% |
| U.S. Bank | $5,510,000 | $4,355,000 | -21.0% | 0.5% |
| INLANTA MORTGAGE, INC. | $4,345,000 | $4,210,000 | -3.1% | 0.5% |
| FINANCE OF AMERICA MORTGAGE LLC | $7,425,000 | $4,200,000 | -43.4% | 0.5% |
| BMO Harris Bank | $2,060,000 | $3,315,000 | 60.9% | 0.4% |
| Associated Bank | $2,510,000 | $3,250,000 | 29.5% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $10,255,000 | $3,120,000 | -69.6% | 0.4% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $5,045,000 | $2,960,000 | -41.3% | 0.3% |
| The Northern Trust Company | $505,000 | $2,875,000 | 469.3% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $4,125,000 | $2,835,000 | -31.3% | 0.3% |
| Hometown Lenders, Inc. | $3,130,000 | $2,725,000 | -12.9% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $14,535,000 | $2,615,000 | -82.0% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $4,465,000 | $2,585,000 | -42.1% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $3,945,000 | $2,570,000 | -34.9% | 0.3% |
| UBS Bank USA | $545,000 | $2,525,000 | 363.3% | 0.3% |
| Comerica Bank | $495,000 | $2,495,000 | 404.0% | 0.3% |
| TOP FLITE FINANCIAL, INC. | $5,505,000 | $2,420,000 | -56.0% | 0.3% |
| 21ST MORTGAGE CORPORATION | $1,625,000 | $2,320,000 | 42.8% | 0.3% |
| Pinnacle Bank | $2,265,000 | n/a | 0.3% | |
| STOCKTON MORTGAGE CORPORATION | $3,040,000 | $2,255,000 | -25.8% | 0.3% |
| BROKER SOLUTIONS, INC. | $2,315,000 | $2,220,000 | -4.1% | 0.3% |
| BETTER MORTGAGE CORPORATION | $6,590,000 | $2,185,000 | -66.8% | 0.3% |
| POLARIS HOME FUNDING CORP. | $1,215,000 | $2,150,000 | 77.0% | 0.3% |
| AAC Credit Union | $2,715,000 | $2,140,000 | -21.2% | 0.3% |
| Sturgis Bank & Trust Company | $1,215,000 | $2,140,000 | 76.1% | 0.3% |
| NEWREZ LLC | $6,300,000 | $2,105,000 | -66.6% | 0.2% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,815,000 | $2,045,000 | 12.7% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $1,420,000 | $2,020,000 | 42.3% | 0.2% |
| PENNYMAC LOAN SERVICES, LLC | $2,215,000 | $1,995,000 | -9.9% | 0.2% |
| VAN DYK MORTGAGE CORPORATION | $2,820,000 | $1,985,000 | -29.6% | 0.2% |
| USAA Federal Savings Bank | $535,000 | $1,715,000 | 220.6% | 0.2% |
| ChoiceOne Bank | $2,790,000 | $1,620,000 | -41.9% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,765,000 | $1,565,000 | -43.4% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $1,135,000 | $1,550,000 | 36.6% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,850,000 | $1,545,000 | -59.9% | 0.2% |
| DFCU FINANCIAL | $1,270,000 | $1,525,000 | 20.1% | 0.2% |
| Citizens Bank | $2,670,000 | $1,500,000 | -43.8% | 0.2% |
| BLUELEAF LENDING, LLC | $4,030,000 | $1,495,000 | -62.9% | 0.2% |
| GENISYS | $125,000 | $1,455,000 | 1,064.0% | 0.2% |
| Highpoint Community Bank | $2,560,000 | $1,430,000 | -44.1% | 0.2% |
| MICHIGAN MUTUAL, INC. | $2,320,000 | $1,430,000 | -38.4% | 0.2% |
| Morgan Stanley Private Bank | $2,290,000 | $1,405,000 | -38.6% | 0.2% |
| Community West Credit Union | $2,315,000 | $1,390,000 | -40.0% | 0.2% |
| Adventure Credit Union | $2,785,000 | $1,350,000 | -51.5% | 0.2% |
| Grand River Bank | $7,965,000 | $1,270,000 | -84.1% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $3,175,000 | $1,265,000 | -60.2% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,265,000 | n/a | 0.1% | |
| FIRST COMMUNITY MORTGAGE, INC. | $1,225,000 | n/a | 0.1% | |
| Nations Lending Corporation | $125,000 | $1,165,000 | 832.0% | 0.1% |
| OCMBC, INC. | $1,165,000 | n/a | 0.1% | |
| BM Real Estate Services, Inc. | $3,790,000 | $1,160,000 | -69.4% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,155,000 | $1,150,000 | -0.4% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $675,000 | $1,115,000 | 65.2% | 0.1% |
| GVC MORTGAGE, INC. | $1,250,000 | $1,075,000 | -14.0% | 0.1% |
| Busey Bank | $1,045,000 | n/a | 0.1% | |
| MMS MORTGAGE SERVICES, LTD. | $1,830,000 | $1,040,000 | -43.2% | 0.1% |
| PROPER RATE, LLC | $2,270,000 | $1,040,000 | -54.2% | 0.1% |
| KELLER MORTGAGE, LLC | $1,035,000 | $1,035,000 | 0.0% | 0.1% |
| KEMBA CREDIT UNION, INC. | $1,005,000 | n/a | 0.1% | |
| CREDIT UNION ONE | $620,000 | $960,000 | 54.8% | 0.1% |
| Carrington Mortgage Services, LLC | $4,190,000 | $925,000 | -77.9% | 0.1% |
| Ixonia Bank | $605,000 | $920,000 | 52.1% | 0.1% |
| Baxter Credit Union | $455,000 | $915,000 | 101.1% | 0.1% |
| Austin Capital Bank SSB | $905,000 | n/a | 0.1% | |
| TEACHERS CREDIT UNION | $1,295,000 | $870,000 | -32.8% | 0.1% |
| The Federal Savings Bank | $1,695,000 | $870,000 | -48.7% | 0.1% |
| T2 FINANCIAL LLC | $1,970,000 | $860,000 | -56.3% | 0.1% |
| 1st Source Bank | $250,000 | $835,000 | 234.0% | 0.1% |
| CLEARPATH LENDING | $850,000 | $775,000 | -8.8% | 0.1% |
| EVERETT FINANCIAL, INC. | $1,500,000 | $775,000 | -48.3% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $760,000 | n/a | 0.1% | |
| Goldman Sachs Bank USA | $715,000 | $755,000 | 5.6% | 0.1% |
| ONY GLO, INC. | $755,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $1,290,000 | $755,000 | -41.5% | 0.1% |
| MICHIGAN ONE COMMUNITY Credit Union | $750,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $1,270,000 | $735,000 | -42.1% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $700,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $690,000 | $665,000 | -3.6% | 0.1% |
| Truist | $655,000 | n/a | 0.1% | |
| Commerce Home Mortgage, Inc. | $125,000 | $645,000 | 416.0% | 0.1% |
| SUMMIT HOME MORTGAGE, LLC | $1,365,000 | $645,000 | -52.7% | 0.1% |
| First Internet Bank of Indiana | $605,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $1,385,000 | $575,000 | -58.5% | 0.1% |
| Greenbox Loans, Inc. | $555,000 | n/a | 0.1% | |
| CHERRY CREEK MORTGAGE, LLC | $775,000 | $550,000 | -29.0% | 0.1% |
| Dort Financial Credit Union | $545,000 | n/a | 0.1% | |
| FirstBank | $495,000 | $545,000 | 10.1% | 0.1% |
| BNC National Bank | $535,000 | n/a | 0.1% | |
| KALSEE CREDIT UNION | $1,520,000 | $530,000 | -65.1% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $715,000 | $530,000 | -25.9% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $610,000 | $520,000 | -14.8% | 0.1% |
| First American Bank | $515,000 | n/a | 0.1% | |
| NBKC BANK | $450,000 | $495,000 | 10.0% | 0.1% |
| Meijer Credit Union | $135,000 | $490,000 | 263.0% | 0.1% |
| Pacor Mortgage Corp | $2,165,000 | $490,000 | -77.4% | 0.1% |
| COMMUNITY CHOICE CREDIT UNION | $250,000 | $485,000 | 94.0% | 0.1% |
| GREENSTATE CREDIT UNION | $480,000 | n/a | 0.1% | |
| Ally Bank | $1,660,000 | $470,000 | -71.7% | 0.1% |
| MORIA DEVELOPMENT, INC. | $470,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $265,000 | $470,000 | 77.4% | 0.1% |
| ZILLOW HOME LOANS, LLC | $680,000 | $470,000 | -30.9% | 0.1% |
| VIBE CREDIT UNION | $310,000 | $465,000 | 50.0% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $690,000 | $455,000 | -34.1% | 0.1% |
| Equity Prime Mortgage LLC | $195,000 | $450,000 | 130.8% | 0.1% |
| BAY EQUITY LLC | $445,000 | n/a | 0.1% | |
| Commercial Bank | $155,000 | $445,000 | 187.1% | 0.1% |
| DELMAR FINANCIAL COMPANY | $445,000 | n/a | 0.1% | |
| Quontic Bank | $445,000 | n/a | 0.1% | |
| HAMILTON HOME LOANS, INC. | $440,000 | n/a | 0.1% | |
| Kellogg Community Credit Union | $1,315,000 | $420,000 | -68.1% | 0.0% |
| Eagle Savings Bank | $405,000 | n/a | 0.0% | |
| Sunflower Bank | $545,000 | $400,000 | -26.6% | 0.0% |
| The State Bank | $750,000 | $400,000 | -46.7% | 0.0% |
| Figure Lending LLC | $300,000 | $380,000 | 26.7% | 0.0% |
| PHH Mortgage Corporation | $1,105,000 | $380,000 | -65.6% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $875,000 | $375,000 | -57.1% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $205,000 | $375,000 | 82.9% | 0.0% |
| OMNI Community Credit Union | $80,000 | $365,000 | 356.3% | 0.0% |
| Three Rivers Federal Credit Union | $355,000 | n/a | 0.0% | |
| MEMBERS FIRST Credit Union | $460,000 | $345,000 | -25.0% | 0.0% |
| Union Bank | $340,000 | n/a | 0.0% | |
| KINECTA | $155,000 | $335,000 | 116.1% | 0.0% |
| Lake Trust Credit Union | $70,000 | $335,000 | 378.6% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $1,940,000 | $330,000 | -83.0% | 0.0% |
| Key Mortgage Services, Inc. | $275,000 | $325,000 | 18.2% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $1,035,000 | $325,000 | -68.6% | 0.0% |
| Isabella Bank | $155,000 | $320,000 | 106.5% | 0.0% |
| Discover Bank | $355,000 | $315,000 | -11.3% | 0.0% |
| Texana Bank | $315,000 | n/a | 0.0% | |
| MICHIGAN FIRST CREDIT UNION | $755,000 | $290,000 | -61.6% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $475,000 | $285,000 | -40.0% | 0.0% |
| BLG HOLDINGS, INC. | $275,000 | n/a | 0.0% | |
| Homestead Savings Bank | $255,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $255,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $505,000 | $250,000 | -50.5% | 0.0% |
| United Bay Community Credit Union | $685,000 | $245,000 | -64.2% | 0.0% |
| First Guaranty Mortgage Corporation | $785,000 | $240,000 | -69.4% | 0.0% |
| First Merchants Bank | $650,000 | $235,000 | -63.8% | 0.0% |
| AMERICAN ADVISORS GROUP | $410,000 | $225,000 | -45.1% | 0.0% |
| FNBC Bank & Trust | $225,000 | n/a | 0.0% | |
| LEGEND LENDING CORPORATION | $225,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $225,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $205,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,165,000 | $205,000 | -82.4% | 0.0% |
| RF Renovo Management Company, LLC | $205,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $205,000 | n/a | 0.0% | |
| Credence Funding Corporation | $195,000 | n/a | 0.0% | |
| ARIZONA | $185,000 | n/a | 0.0% | |
| BayCoast Bank | $135,000 | $185,000 | 37.0% | 0.0% |
| Arvest Bank | $155,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| First National Bank of Brookfield | $155,000 | n/a | 0.0% | |
| Notre Dame Federal Credit Union Corporation | $180,000 | $155,000 | -13.9% | 0.0% |
| UNITED MORTGAGE CORP. | $440,000 | $135,000 | -69.3% | 0.0% |
| CNB Bank And Trust, N.A. | $155,000 | $125,000 | -19.4% | 0.0% |
| COMMUNITY FINANCIAL CREDIT UNION | $325,000 | $120,000 | -63.1% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $115,000 | n/a | 0.0% | |
| M&T Bank | $465,000 | $115,000 | -75.3% | 0.0% |
| PREFERRED CREDIT UNION | $795,000 | $110,000 | -86.2% | 0.0% |
| Circle Federal Credit Union | $645,000 | $105,000 | -83.7% | 0.0% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,430,000 | $95,000 | -93.4% | 0.0% |
| CHEVRON | $75,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $75,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $1,125,000 | $75,000 | -93.3% | 0.0% |
| SPRING EQ, LLC | $135,000 | $75,000 | -44.4% | 0.0% |
| ALTRA | $65,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $35,000 | n/a | 0.0% | |
| ELGA CREDIT UNION | $35,000 | n/a | 0.0% | |
| KENT COUNTY CREDIT UNION | $35,000 | n/a | 0.0% | |
| My Personal Credit Union | $35,000 | n/a | 0.0% | |
| NUMARK CREDIT UNION | $120,000 | $35,000 | -70.8% | 0.0% |
| Southern Michigan Bank & Trust | $255,000 | $35,000 | -86.3% | 0.0% |
| West Michigan Credit Union | $420,000 | $35,000 | -91.7% | 0.0% |
| Centier Bank | $615,000 | $25,000 | -95.9% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% |
Holland's top lender by overall market share is LAKE MICHIGAN CREDIT UNION, with 13.2% market share. In second place, with 7.8%, is The Huntington National Bank, having originated $66,420,000 in loans. In third place, with 4.9%, is Fifth Third Bank, having originated $41,565,000 in loans. In fourth place, with 3.8%, is QUICKEN LOANS, LLC, having originated $32,235,000 in loans. In fifth place, with 3.7%, is CONSUMERS, having originated $31,445,000 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 | $270,169 (-9.8%) | $419,318 (-16.2%) | 0.00 | 369 |
| 2018-02-01 | $274,925 (-12.3%) | $445,186 (-15.6%) | 0.00 | 350 |
| 2018-03-01 | $289,000 (-3.7%) | $460,130 (-13.7%) | 0.00 | 356 |
| 2018-04-01 | $284,225 (-8.5%) | $451,357 (-13.6%) | 0.00 | 378 |
| 2018-05-01 | $299,700 (1.6%) | $447,885 (-3.4%) | 0.00 | 422 |
| 2018-06-01 | $320,000 (12.3%) | $455,716 (2.0%) | 0.00 | 459 |
| 2018-07-01 | $317,975 (13.6%) | $446,757 (2.4%) | 0.00 | 507 |
| 2018-08-01 | $299,000 (7.2%) | $431,003 (1.8%) | 0.00 | 507 |
| 2018-09-01 | $290,950 (8.0%) | $435,671 (4.1%) | 0.00 | 496 |
| 2018-10-01 | $298,560 (10.8%) | $439,482 (8.8%) | 0.00 | 488 |
| 2018-11-01 | $307,470 (11.9%) | $457,228 (10.9%) | 0.00 | 469 |
| 2018-12-01 | $299,900 (11.9%) | $453,673 (10.1%) | 0.00 | 405 |
| 2019-01-01 | $297,475 (10.1%) | $443,982 (5.9%) | 0.00 | 358 |
| 2019-02-01 | $317,500 (15.5%) | $473,267 (6.3%) | 0.00 | 342 |
| 2019-03-01 | $329,286 (13.9%) | $482,422 (4.8%) | 0.00 | 367 |
| 2019-04-01 | $335,000 (17.9%) | $499,428 (10.7%) | 0.00 | 381 |
| 2019-05-01 | $335,000 (11.8%) | $485,091 (8.3%) | 0.00 | 423 |
| 2019-06-01 | $335,000 (4.7%) | $471,178 (3.4%) | 0.00 | 480 |
| 2019-07-01 | $332,462 (4.6%) | $465,232 (4.1%) | 0.00 | 523 |
| 2019-08-01 | $327,582 (9.6%) | $457,715 (6.2%) | 0.00 | 530 |
| 2019-09-01 | $324,105 (11.4%) | $454,789 (4.4%) | 0.00 | 543 |
| 2019-10-01 | $318,200 (6.6%) | $451,912 (2.8%) | 0.00 | 554 |
| 2019-11-01 | $314,900 (2.4%) | $450,594 (-1.5%) | 0.00 | 503 |
| 2019-12-01 | $297,000 (-1.0%) | $450,510 (-0.7%) | 0.00 | 460 |
| 2020-01-01 | $289,350 (-2.7%) | $437,392 (-1.5%) | 0.00 | 399 |
| 2020-02-01 | $327,000 (3.0%) | $482,760 (2.0%) | 0.00 | 370 |
| 2020-03-01 | $338,000 (2.7%) | $494,640 (2.5%) | 0.00 | 378 |
| 2020-04-01 | $339,900 (1.5%) | $483,492 (-3.2%) | 0.00 | 385 |
| 2020-05-01 | $339,900 (1.5%) | $482,878 (-0.5%) | 0.00 | 397 |
| 2020-06-01 | $362,698 (8.3%) | $516,866 (9.7%) | 0.00 | 367 |
| 2020-07-01 | $366,450 (10.2%) | $524,118 (12.7%) | 0.00 | 349 |
| 2020-08-01 | $374,900 (14.4%) | $563,623 (23.1%) | 0.00 | 288 |
| 2020-09-01 | $398,000 (22.8%) | $593,781 (30.6%) | 0.00 | 258 |
| 2020-10-01 | $399,700 (25.6%) | $650,514 (44.0%) | 0.00 | 231 |
| 2020-11-01 | $378,015 (20.0%) | $626,352 (39.0%) | 0.00 | 205 |
| 2020-12-01 | $360,036 (21.2%) | $620,819 (37.8%) | 0.00 | 187 |
| 2021-01-01 | $347,920 (20.2%) | $599,237 (37.0%) | 0.00 | 166 |
| 2021-02-01 | $360,725 (10.3%) | $627,489 (30.0%) | 0.00 | 139 |
| 2021-03-01 | $344,128 (1.8%) | $616,285 (24.6%) | 0.00 | 131 |
| 2021-04-01 | $359,153 (5.7%) | $661,329 (36.8%) | 0.00 | 136 |
| 2021-05-01 | $360,000 (5.9%) | $675,803 (40.0%) | 0.00 | 152 |
| 2021-06-01 | $366,225 (1.0%) | $665,308 (28.7%) | 0.00 | 171 |
| 2021-07-01 | $364,500 (-0.5%) | $637,901 (21.7%) | 0.00 | 188 |
| 2021-08-01 | $371,175 (-1.0%) | $620,861 (10.2%) | 0.00 | 207 |
| 2021-09-01 | $369,725 (-7.1%) | $597,306 (0.6%) | 0.00 | 192 |
| 2021-10-01 | $397,450 (-0.6%) | $649,894 (-0.1%) | 0.00 | 175 |
| 2021-11-01 | $402,425 (6.5%) | $670,540 (7.1%) | 0.00 | 146 |
| 2021-12-01 | $399,450 (11.0%) | $662,393 (6.7%) | 0.00 | 125 |
| 2022-01-01 | $359,450 (3.3%) | $621,854 (3.8%) | 0.00 | 89 |
| 2022-02-01 | $384,700 (6.7%) | $632,848 (0.9%) | 0.00 | 75 |
| 2022-03-01 | $377,975 (9.8%) | $624,954 (1.4%) | 0.00 | 84 |
| 2022-04-01 | $410,000 (14.2%) | $616,129 (-6.8%) | 0.00 | 103 |
| 2022-05-01 | $399,950 (11.1%) | $621,807 (-8.0%) | 0.00 | 137 |
| 2022-06-01 | $429,900 (17.4%) | $637,613 (-4.2%) | 0.00 | 181 |
| 2022-07-01 | $425,000 (16.6%) | $586,192 (-8.1%) | 0.00 | 233 |
| 2022-08-01 | $430,549 (16.0%) | $587,206 (-5.4%) | 0.00 | 247 |
| 2022-09-01 | $439,225 (18.8%) | $607,165 (1.7%) | 0.00 | 229 |
| 2022-10-01 | $422,000 (6.2%) | $613,437 (-5.6%) | 0.00 | 232 |
| 2022-11-01 | $399,225 (-0.8%) | $572,483 (-14.6%) | 0.00 | 234 |
| 2022-12-01 | $389,900 (-2.4%) | $563,390 (-15.0%) | 0.00 | 190 |
| 2023-01-01 | $397,200 (10.5%) | $548,204 (-11.8%) | 0.00 | 156 |
| 2023-02-01 | $399,900 (4.0%) | $605,528 (-4.3%) | 0.00 | 123 |
Holland's median listing price for 2023-02-01 was $399,900, a difference of
$15,200
(4.0%) versus the prior year and
$2,700 versus the prior month.
Holland's median listing price comes in at 0% of the national average.
Holland's average listing price for 2023-02-01 was $605,528, a difference of $-27,320 (-4.3%) versus the prior year and $57,324 versus the prior month.
For the 2023-02-01 period, Holland had 123 MLS listings, a difference of -33 listings (-21%) versus the prior month and 48 listings (64%) versus the prior year.
Holland's median listing price comes in at 0% of the national average.
Holland's average listing price for 2023-02-01 was $605,528, a difference of $-27,320 (-4.3%) versus the prior year and $57,324 versus the prior month.
For the 2023-02-01 period, Holland had 123 MLS listings, a difference of -33 listings (-21%) versus the prior month and 48 listings (64%) 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 | 2,039 sqft |
| 2018-02-01 | 0 days | 2,056 sqft |
| 2018-03-01 | 0 days | 2,100 sqft |
| 2018-04-01 | 0 days | 2,003 sqft |
| 2018-05-01 | 0 days | 2,048 sqft |
| 2018-06-01 | 0 days | 2,062 sqft |
| 2018-07-01 | 0 days | 2,075 sqft |
| 2018-08-01 | 0 days | 2,026 sqft |
| 2018-09-01 | 0 days | 1,969 sqft |
| 2018-10-01 | 0 days | 2,026 sqft |
| 2018-11-01 | 0 days | 2,043 sqft |
| 2018-12-01 | 0 days | 2,002 sqft |
| 2019-01-01 | 0 days | 1,929 sqft |
| 2019-02-01 | 0 days | 1,915 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 | 2,031 sqft |
| 2019-07-01 | 0 days | 2,082 sqft |
| 2019-08-01 | 0 days | 2,072 sqft |
| 2019-09-01 | 0 days | 2,053 sqft |
| 2019-10-01 | 0 days | 2,029 sqft |
| 2019-11-01 | 0 days | 2,016 sqft |
| 2019-12-01 | 0 days | 1,994 sqft |
| 2020-01-01 | 0 days | 1,979 sqft |
| 2020-02-01 | 0 days | 2,003 sqft |
| 2020-03-01 | 0 days | 1,985 sqft |
| 2020-04-01 | 0 days | 2,018 sqft |
| 2020-05-01 | 0 days | 2,027 sqft |
| 2020-06-01 | 0 days | 2,024 sqft |
| 2020-07-01 | 0 days | 2,012 sqft |
| 2020-08-01 | 0 days | 2,063 sqft |
| 2020-09-01 | 0 days | 2,200 sqft |
| 2020-10-01 | 0 days | 2,187 sqft |
| 2020-11-01 | 0 days | 2,146 sqft |
| 2020-12-01 | 0 days | 2,101 sqft |
| 2021-01-01 | 0 days | 2,128 sqft |
| 2021-02-01 | 0 days | 2,177 sqft |
| 2021-03-01 | 0 days | 2,130 sqft |
| 2021-04-01 | 0 days | 2,137 sqft |
| 2021-05-01 | 0 days | 2,069 sqft |
| 2021-06-01 | 0 days | 2,027 sqft |
| 2021-07-01 | 0 days | 1,983 sqft |
| 2021-08-01 | 0 days | 2,077 sqft |
| 2021-09-01 | 0 days | 2,001 sqft |
| 2021-10-01 | 0 days | 2,068 sqft |
| 2021-11-01 | 0 days | 2,066 sqft |
| 2021-12-01 | 0 days | 2,065 sqft |
| 2022-01-01 | 0 days | 2,070 sqft |
| 2022-02-01 | 0 days | 2,070 sqft |
| 2022-03-01 | 0 days | 2,091 sqft |
| 2022-04-01 | 0 days | 2,161 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 | 2,051 sqft |
| 2022-09-01 | 0 days | 2,083 sqft |
| 2022-10-01 | 0 days | 2,114 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 |
Holland's median listing age (time on market) for 2023-02-01 was 0 days.
Holland's median square footage for active listings during the 2023-02-01 period was 2,067 sqft. One year prior, the average listing was 2,070 sqft.
Holland's median square footage for active listings during the 2023-02-01 period was 2,067 sqft. One year prior, the average listing was 2,070 sqft.
Holland, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,740 | $496,180,000 | $285,161 |
| Cash Out Refi | 735 | $143,295,000 | $194,959 |
| Refi | 692 | $109,510,000 | $158,251 |
| Home Improvement | 586 | $49,190,000 | $83,942 |
| Other | 429 | $54,115,000 | $126,142 |
Holland's most frequently cited loan purpose was Home Purchase, with 1,740 originations. The 2nd most popular reason was Cash Out Refi, with 735 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 982 | $232,130,000 | $236,385 |
| 5-6% | 977 | $204,585,000 | $209,401 |
| 4-5% | 866 | $187,180,000 | $216,143 |
| 6-7% | 547 | $95,715,000 | $174,982 |
| 2.5-3% | 307 | $57,545,000 | $187,443 |
| 7-8% | 206 | $28,280,000 | $137,282 |
| Over 8% | 143 | $11,625,000 | $81,294 |
| <2.5% | 105 | $22,255,000 | $211,952 |
During 2022, Holland's most frequently originated rate bucket was 3-4%, with 982 originations.
Loan Sizing (Holland, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,313 | $194,895,000 | $148,435 |
| $100,000 or less | 1,254 | $69,620,000 | $55,518 |
| $200k-400k | 1,233 | $331,815,000 | $269,112 |
| $400k-600k | 248 | $119,760,000 | $482,903 |
| $600k-1000k | 91 | $66,015,000 | $725,440 |
| $Over $1MM | 43 | $70,185,000 | $1,632,209 |
Holland's loan sizing saw the bucket of loans from $100k-200k with 1,313 originations, totaling $194,895,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,148 | $316,990,000 | $276,124 |
| 60-80% | 983 | $269,315,000 | $273,973 |
| 20-40% | 704 | $81,780,000 | $116,165 |
| Under 20% | 612 | $28,770,000 | $47,010 |
| 40-60% | 597 | $131,135,000 | $219,657 |
| Over 100% | 15 | $4,165,000 | $277,667 |
Holland's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,148 originations, totaling $316,990,000 in origination value.