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 7.2% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 7.09% and one month ago for the week of 2023-08-17, the average rate was 7.2%.

Holland's average rate one year ago was 6.13%.

For refis of the same type during the week of 2023-09-21, the average rate was 6.82%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Holland 30 Year Fixed Rate 2023-09-21 7.2%
Holland 30 Year Fixed Rate Refi 2023-09-21 6.82%
Holland 15 Year Fixed Rate 2023-09-21 7.01%
Holland 15 Year Fixed Rate Refi 2023-09-21 5.69%
Holland 30 Year FHA 2023-09-21 6.8%
Holland 30 Year FHA Refi 2023-09-21 6.94%
Holland 30 Year USDA 2023-09-21 7.12%
Holland 30 Year USDA Refi 2023-09-21 6.92%
Holland 30 Year VA 2023-09-21 6.42%
Holland 30 Year VA Refi 2023-09-21 6.72%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
LAKE MICHIGAN CREDIT UNION 188 4.81% $3,364
CONSUMERS 81 5.34% $3,129
The Huntington National Bank 77 4.63% $3,385
QUICKEN LOANS, LLC 71 4.98% $5,993
United Bank of Michigan 63 5.08% $2,660
UNITED WHOLESALE MORTGAGE, LLC 57 5.00% $5,355
Neighborhood Loans, Inc. 55 5.71% $4,389
Fifth Third Bank 52 4.78% $3,682
Mercantile Bank of Michigan 50 4.82% $3,808
MORTGAGE CENTER L.C 43 4.22% $2,324
AMERIFIRST FINANCIAL CORPORATION 41 5.22% $4,407
Old National Bank 32 4.89% $2,909
UNITED 32 4.87% $3,860
NORTHERN MORTGAGE SERVICES, LLC 31 5.36% $5,683
Northpointe Bank 27 4.21% $5,382
Macatawa Bank 26 4.52% $2,875
ARBOR FINANCIAL CREDIT UNION 24 4.91% $3,296
MORTGAGE 1 INCORPORATED 24 5.56% $4,466
PRIMELENDING, A PLAINSCAPITAL COMPANY 23 4.90% $4,155
Independent Bank 22 5.10% $3,927
The Dart Bank 22 5.89% $4,206
JPMorgan Chase Bank 22 4.48% $3,505
CHURCHILL MORTGAGE CORPORATION 17 4.96% $4,906
SUCCESS MORTGAGE PARTNERS, INC. 16 5.51% $6,033
UNION HOME MORTGAGE CORP. 16 4.75% $4,174
RUOFF MORTGAGE COMPANY, INC. 16 5.74% $3,767
Honor Credit Union 15 4.42% $2,998
Flagstar Bank, FSB 14 5.08% $3,826
GUARANTEED RATE, INC. 13 5.66% $4,160
INLANTA MORTGAGE, INC. 13 5.18% $3,486
CALIBER HOME LOANS, INC. 13 4.45% $4,479
FINANCE OF AMERICA MORTGAGE LLC 12 5.26% $7,687
LOANDEPOT.COM, LLC 12 4.12% $5,144
CROSSCOUNTRY MORTGAGE, LLC 12 5.50% $3,789
Wells Fargo Bank 11 4.51% $3,197
ARK-LA-TEX FINANCIAL SERVICES, LLC. 11 5.09% $4,652
OAK MORTGAGE, LLC 11 4.76% $3,068
AAC Credit Union 10 5.60% $2,395
TOP FLITE FINANCIAL, INC. 10 5.55% $7,060
U.S. Bank 10 4.91% $4,618
GreenStone Farm Credit Services, FLCA 10 5.73% $5,117
Mr. Cooper ( Nationstar Mortgage ) 10 4.30% $7,435
Hometown Lenders, Inc. 9 6.14% $4,941
BROKER SOLUTIONS, INC. 8 4.81% $8,513
PNC Bank 8 5.05% $3,202
AMERISAVE MORTGAGE CORPORATION 7 4.37% $6,480
Horizon Bank 7 5.52% $3,314
STOCKTON MORTGAGE CORPORATION 7 4.61% $3,624
BETTER MORTGAGE CORPORATION 7 4.11% $3,473
Bank of America 7 4.63% $3,446
FREEDOM MORTGAGE CORPORATION 6 5.29% $4,850
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 5 4.45% $3,227
FIRST COMMUNITY MORTGAGE, INC. 5 6.45% $5,765
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 5.21% $6,745
NEWREZ LLC 4 4.69% $7,675
NAVY FEDERAL CREDIT UNION 4 5.28% $6,537
ChoiceOne Bank 4 5.63% $2,307
MUTUAL OF OMAHA MORTGAGE, INC. 4 4.78% $4,461
Associated Bank 4 4.53% $5,023
HOME POINT FINANCIAL CORPORATION 4 4.69% $3,368
VAN DYK MORTGAGE CORPORATION 4 4.84% $3,881
POLARIS HOME FUNDING CORP. 3 5.25% $4,442
MMS MORTGAGE SERVICES, LTD. 3 5.58% $3,511
BMO Harris Bank 3 4.00% $9,930
MICHIGAN ONE COMMUNITY Credit Union 3 5.79% $4,538
UBS Bank USA 3 3.38% $4,329
PENNYMAC LOAN SERVICES, LLC 3 5.17% $4,607
GVC MORTGAGE, INC. 3 6.11% $4,726
AMERICAN PACIFIC MORTGAGE CORPORATION 3 4.79% $4,843
BLUELEAF LENDING, LLC 3 3.63% $6,504
1st Source Bank 2 5.31% $4,955
ACADEMY MORTGAGE CORPORATION 2 6.56% $8,463
AMERICAN FINANCING CORPORATION 2 3.99% $4,508
CARDINAL FINANCIAL 2 4.63% $2,790
Grand River Bank 2 4.13% $3,566
KALSEE CREDIT UNION 2 5.63% $3,024
KELLER MORTGAGE, LLC 2 3.94% $2,755
MICHIGAN MUTUAL, INC. 2 5.25% $5,248
MID AMERICA MORTGAGE, INC. 2 5.50% $3,975
Morgan Stanley Private Bank 2 3.98% $3,707
MORIA DEVELOPMENT, INC. 2 5.31% $7,394
Mortgage Research Center, LLC 2 7.06% $5,286
PLAZA HOME MORTGAGE, INC. 2 5.00% $6,042
PROPER RATE, LLC 2 5.75% $8,282
ROYAL UNITED MORTGAGE LLC 2 4.38% $6,246
SUMMIT HOME MORTGAGE, LLC 2 6.18% $3,674
Sunflower Bank 2 4.50% $3,110
TOWNE MORTGAGE COMPANY 2 5.75% $4,318
ZILLOW HOME LOANS, LLC 2 5.00% $4,721
BNC National Bank 1 4.88% $3,655
BLG HOLDINGS, INC. 1 5.88% $3,782
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 4.99% $5,218
HAMILTON HOME LOANS, INC. 1 5.50% $3,343
BAY EQUITY LLC 1 4.13% $10,400
MOVEMENT MORTGAGE, LLC 1 5.13% $3,404
GSF Mortgage Corporation 1 7.38% $3,633
GREENSTATE CREDIT UNION 1 5.13% $2,529
Goldman Sachs Bank USA 1 3.05% $3,609
GENISYS 1 5.88% $3,016
First Merchants Bank 1 3.75% $3,188
First Internet Bank of Indiana 1 2.63% $9,930
FirstBank 1 2.75% $3,658
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.88% $2,135
OCMBC, INC. 1 9.13% $5,368
EVERETT FINANCIAL, INC. 1 5.50% $1,817
ONY GLO, INC. 1 6.88% $19,174
Pacor Mortgage Corp 1 4.50% $3,264
Eagle Savings Bank 1 6.75% $4,310
Pinnacle Bank 1 3.50% $28,763
Barrington Bank & Trust Company, N.A. 1 6.30% $2,424
Dort Financial Credit Union 1 3.38% $3,065
DFCU FINANCIAL 1 6.38% $4,135
PREMIA MORTGAGE, LLC 1 5.63% $9,228
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.50% $6,664
DELMAR FINANCIAL COMPANY 1 7.38% $17,135
Austin Capital Bank SSB 1 6.50% $9,845
CREDIT UNION ONE 1 5.88% $3,505
Quontic Bank 1 5.13% $16,495
RBC Bank, (Georgia) 1 5.13% $1,783
ARIZONA 1 6.13% $3,604
Community West Credit Union 1 6.88% $1,978
Commercial Bank 1 3.25% $3,177
Strong Home Mortgage, LLC 1 2.99% $1,036
Comerica Bank 1 3.38% $4,987
VIBE CREDIT UNION 1 6.38% $5,399
Ally Bank 1 4.25% $3,313
T2 FINANCIAL LLC 1 6.13% $5,813
Texana Bank 1 2.88% $7,674
CNB Bank And Trust, N.A. 1 3.25% $2,610
The Federal Savings Bank 1 5.38% $3,217
Citizens Bank 1 5.25% $3,884
The Northern Trust Company 1 3.00% $7,419
The State Bank 1 4.75% $2,949
Three Rivers Federal Credit Union 1 4.88% $3,213
CHERRY CREEK MORTGAGE, LLC 1 5.50% $623
Wyndham Capital Mortgage, Inc. 1 5.00% $1,080
LAKEVIEW LOAN SERVICING, LLC 1 5.76% $5,121
LEGEND LENDING CORPORATION 1 5.50% $4,367
KINECTA 1 4.88% $6,519
Key Mortgage Services, Inc. 1 3.75% $3,349
MEMBER FIRST MORTGAGE, LLC 1 3.38% $2,583
KEMBA CREDIT UNION, INC. 1 4.75% $3,768
MICHIGAN FIRST CREDIT UNION 1 3.38% $2,717
Truist 1 5.75% $6,215
Ixonia Bank 1 5.38% $5,000
Isabella Bank 1 5.38% $2,639
Carrington Mortgage Services, LLC 1 4.88% $7,105
HOMESIDE FINANCIAL, LLC 1 3.38% $9,289

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 $360,673 (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 $419,000 (5.4%) $613,034 (-5.7%) 0.00 232
2022-11-01 $399,113 (-0.8%) $572,879 (-14.6%) 0.00 233
2022-12-01 $385,000 (-3.6%) $564,409 (-14.8%) 0.00 188
2023-01-01 $393,200 (9.4%) $547,112 (-12.0%) 0.00 155
2023-02-01 $399,675 (3.9%) $607,476 (-4.0%) 0.00 122
2023-03-01 $399,996 (5.8%) $663,947 (6.2%) 0.00 114
2023-04-01 $462,000 (12.7%) $720,503 (16.9%) 0.00 121
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 (0.7%) $703,833 (19.9%) 0.00 172
Holland's median listing price for 2023-08-01 was $433,450, a difference of $2,901 (0.7%) versus the prior year and $-16,450 versus the prior month.

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

Holland's average listing price for 2023-08-01 was $703,833, a difference of $116,627 (19.9%) versus the prior year and $62,013 versus the prior month.

For the 2023-08-01 period, Holland had 172 MLS listings, a difference of 16 listings (10%) versus the prior month and -75 listings (-30%) 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 2,019 sqft
2020-07-01 0 days 2,009 sqft
2020-08-01 0 days 2,063 sqft
2020-09-01 0 days 2,199 sqft
2020-10-01 0 days 2,185 sqft
2020-11-01 0 days 2,146 sqft
2020-12-01 0 days 2,097 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 2,039 sqft
2022-12-01 0 days 1,992 sqft
2023-01-01 0 days 1,993 sqft
2023-02-01 0 days 2,066 sqft
2023-03-01 0 days 2,056 sqft
2023-04-01 0 days 2,066 sqft
2023-05-01 0 days 2,166 sqft
2023-06-01 0 days 2,186 sqft
2023-07-01 0 days 2,137 sqft
2023-08-01 0 days 2,203 sqft
Holland's median listing age (time on market) for 2023-08-01 was 0 days.

Holland's median square footage for active listings during the 2023-08-01 period was 2,203 sqft. One year prior, the average listing was 2,051 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.