Holland Mortgage Rates

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

30 Year Fixed Rate mortgages in Holland averaged 5.82% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.13% and one month ago for the week of 2022-05-26, the average rate was 5.32%.

Holland's average rate one year ago was 3.48%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.78%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Holland 30 Year Fixed Rate 2022-06-30 5.82%
Holland 30 Year Fixed Rate Refi 2022-06-30 5.78%
Holland 15 Year Fixed Rate 2022-06-30 6.03%
Holland 15 Year Fixed Rate Refi 2022-06-30 5.25%
Holland 30 Year FHA 2022-06-30 6.09%
Holland 30 Year FHA Refi 2022-06-30 5.98%
Holland 30 Year USDA 2022-06-30 5.94%
Holland 30 Year USDA Refi 2022-06-30 5.52%
Holland 30 Year VA 2022-06-30 5.86%
Holland 30 Year VA Refi 2022-06-30 5.15%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
LAKE MICHIGAN CREDIT UNION 359 3.11% $3,241
QUICKEN LOANS, LLC 216 3.11% $4,743
Fifth Third Bank 147 3.16% $3,272
United Bank of Michigan 142 3.23% $2,063
The Huntington National Bank 137 3.14% $3,130
CONSUMERS 118 3.42% $2,631
UNITED WHOLESALE MORTGAGE, LLC 90 3.07% $3,983
Northpointe Bank 83 3.32% $3,749
Neighborhood Loans, Inc. 82 3.34% $3,307
Mercantile Bank of Michigan 80 3.17% $3,036
MORTGAGE CENTER L.C 59 3.15% $2,799
AMERIFIRST FINANCIAL CORPORATION 59 3.35% $3,602
NORTHERN MORTGAGE SERVICES, LLC 58 3.16% $3,279
Macatawa Bank 57 3.09% $2,509
MORTGAGE 1 INCORPORATED 54 3.40% $3,724
JPMorgan Chase Bank 47 3.01% $2,515
Honor Credit Union 44 3.26% $2,458
Old National Bank 43 3.03% $2,985
UNION HOME MORTGAGE CORP. 41 3.30% $3,523
UNITED 37 3.21% $3,371
Independent Bank 37 3.25% $3,385
TCF National Bank 35 3.03% $2,595
LOANDEPOT.COM, LLC 27 3.27% $4,027
PRIMELENDING, A PLAINSCAPITAL COMPANY 27 3.29% $3,896
RUOFF MORTGAGE COMPANY, INC. 27 3.04% $2,542
ARBOR FINANCIAL CREDIT UNION 26 3.19% $2,963
FINANCE OF AMERICA MORTGAGE LLC 25 3.19% $3,168
AMERISAVE MORTGAGE CORPORATION 25 2.87% $4,827
CHURCHILL MORTGAGE CORPORATION 24 3.44% $3,990
PNC Bank 21 3.14% $2,759
CROSSCOUNTRY MORTGAGE, LLC 21 3.11% $3,394
GUARANTEED RATE, INC. 20 2.98% $3,481
SUCCESS MORTGAGE PARTNERS, INC. 19 3.35% $4,676
Flagstar Bank, FSB 18 3.20% $2,940
CALIBER HOME LOANS, INC. 17 2.97% $3,194
ARK-LA-TEX FINANCIAL SERVICES, LLC. 17 3.35% $3,444
Wells Fargo Bank 16 2.99% $2,415
Horizon Bank 14 3.31% $2,921
Grand River Bank 14 3.17% $2,836
NEWREZ LLC 14 3.14% $3,782
MUTUAL OF OMAHA MORTGAGE, INC. 13 3.19% $4,425
BETTER MORTGAGE CORPORATION 12 2.88% $3,267
INLANTA MORTGAGE, INC. 12 3.41% $3,178
AAC Credit Union 12 3.56% $2,147
Mr. Cooper ( Nationstar Mortgage ) 12 3.32% $4,501
GreenStone Farm Credit Services, FLCA 12 3.92% $3,827
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 11 3.32% $2,989
TOP FLITE FINANCIAL, INC. 11 3.38% $3,969
STOCKTON MORTGAGE CORPORATION 10 3.30% $3,941
VAN DYK MORTGAGE CORPORATION 9 3.14% $2,395
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 9 3.26% $3,737
InterContinental Capital Group, Inc 8 3.30% $4,567
OAK MORTGAGE, LLC 8 2.92% $2,684
KALSEE CREDIT UNION 8 3.20% $2,826
Bank of America 8 2.73% $3,442
Hometown Lenders, Inc. 8 3.23% $3,600
Carrington Mortgage Services, LLC 8 3.64% $5,294
T2 FINANCIAL LLC 8 3.34% $3,904
Adventure Credit Union 7 3.34% $2,088
MICHIGAN MUTUAL, INC. 7 2.99% $3,339
Community West Credit Union 6 2.94% $2,583
SUMMIT HOME MORTGAGE, LLC 6 3.31% $3,153
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 3.15% $2,999
HOME POINT FINANCIAL CORPORATION 6 2.95% $3,873
DFCU FINANCIAL 6 3.29% $4,939
BLUELEAF LENDING, LLC 6 2.87% $3,688
MMS MORTGAGE SERVICES, LTD. 6 3.29% $3,300
GVC MORTGAGE, INC. 5 3.78% $4,008
ChoiceOne Bank 5 3.10% $2,467
PROPER RATE, LLC 5 3.05% $3,164
Pacor Mortgage Corp 5 2.93% $2,695
COMPASS MORTGAGE, INC. 5 3.15% $3,349
U.S. Bank 5 2.80% $4,374
FREEDOM MORTGAGE CORPORATION 5 3.35% $4,093
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 3.59% $3,990
BROKER SOLUTIONS, INC. 5 2.89% $3,132
KELLER MORTGAGE, LLC 4 3.06% $1,520
Ally Bank 4 2.97% $4,150
Associated Bank 4 3.22% $4,589
Chicago Financial Services, Inc. 4 2.87% $3,069
Citizens Bank 4 3.25% $3,094
FIRST CENTENNIAL MORTGAGE CORPORATION 4 2.97% $3,332
Kellogg Community Credit Union 4 3.34% $2,407
Level One Bank 4 3.41% $3,718
Stifel Bank and Trust 4 2.72% $2,318
TOWNE MORTGAGE COMPANY 4 3.84% $2,720
MICHIGAN FIRST CREDIT UNION 3 3.08% $2,318
AMERICAN FINANCING CORPORATION 3 3.08% $3,818
LAKEVIEW LOAN SERVICING, LLC 3 3.25% $2,758
PREFERRED CREDIT UNION 3 3.46% $2,676
CHERRY CREEK MORTGAGE, LLC 2 3.38% $792
First Guaranty Mortgage Corporation 2 2.63% $2,605
Morgan Stanley Private Bank 2 2.33% $4,489
BMO Harris Bank 2 3.19% $4,334
PENNYMAC LOAN SERVICES, LLC 2 3.75% $4,262
First Savings Bank 2 3.00% $3,748
PHH Mortgage Corporation 2 3.69% $4,808
The Dart Bank 2 3.81% $2,952
GUARANTEED RATE AFFINITY, LLC 2 3.13% $3,361
The Federal Savings Bank 2 3.13% $6,621
J. VIRGIL, INC. 2 3.56% $3,557
MEMBER FIRST MORTGAGE, LLC 2 2.94% $4,038
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 2.99% $3,644
MEMBERS FIRST Credit Union 2 3.88% $1,175
NBKC BANK 2 2.81% $1,669
ENVOY MORTGAGE, LTD 2 3.44% $3,248
First Midwest Bank 2 3.00% $5,024
Ameris Bank 2 3.12% $4,092
AmeriHome Mortgage Company, LLC 2 3.44% $3,747
AMERICAN PACIFIC MORTGAGE CORPORATION 2 2.93% $4,751
Raymond James Bank 2 3.19% $4,467
American Mortgage & Equity Consultants, Inc. 2 3.13% $4,387
ROYAL UNITED MORTGAGE LLC 2 3.38% $7,827
Chicago Mortgage Solutions LLC 2 3.00% $1,665
HOMESIDE FINANCIAL, LLC 2 3.12% $3,290
DRAPER AND KRAMER MORTGAGE CORP. 2 2.94% $2,855
North American Savings Bank, F.S.B. 2 3.13% $1,635
First Merchants Bank 2 2.88% $3,629
SOFI LENDING CORP. 2 2.94% $3,584
Discover Bank 2 4.12% $0
STAUNTON FINANCIAL, INC. 2 4.00% $3,080
MID AMERICA MORTGAGE, INC. 2 3.31% $3,787
Citadel Servicing Corporation 1 4.88% $18,576
ProFed Federal Credit Union 1 2.88% $2,091
Circle Federal Credit Union 1 3.13% $2,432
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.63% $2,510
CIBC Bank USA 1 2.25% $3,942
S1L, Inc. 1 3.25% $2,535
Sierra Pacific Mortgage Company, Inc. 1 2.75% $2,216
Southern Michigan Bank & Trust 1 3.25% $2,585
SPRING EQ, LLC 1 3.38% $3,142
STEARNS LENDING, LLC 1 2.63% $5,218
Wyndham Capital Mortgage, Inc. 1 2.99% $3,155
Centier Bank 1 3.38% $3,785
CANOPY MORTGAGE, LLC 1 3.13% $1,245
SUN WEST MORTGAGE COMPANY, INC. 1 2.88% $2,345
BECKAM FUNDING CORP. 1 3.63% $6,018
TEAM ONE CREDIT UNION 1 2.88% $3,079
THE ANDERSON FINANCIAL GROUP, INC. 1 3.75% $4,048
THE EQUITABLE MORTGAGE CORPORATION 1 3.13% $2,676
Baxter Credit Union 1 3.13% $3,185
The National Bank of Indianapolis 1 2.88% $3,569
The Park National Bank 1 2.88% $2,137
The State Bank 1 2.88% $2,870
TIAA, FSB 1 3.88% $5,257
Barrington Bank & Trust Company, N.A. 1 2.99% $3,048
ZILLOW HOME LOANS, LLC 1 3.88% $5,050
Triumph Bank 1 2.75% $2,702
UBS Bank USA 1 2.88% $3,532
United Fidelity Funding Corp. 1 3.50% $3,725
UNIVERSITY OF MICHIGAN CREDIT UNION 1 3.13% $2,295
AMERICAN INTERNET MORTGAGE, INC. 1 2.75% $2,681
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.00% $2,791
HSBC BANK USA, NATIONAL ASSOCIATION 1 2.61% $4,780
HANCOCK MORTGAGE PARTNERS, LLC 1 3.25% $3,507
IMPAC MORTGAGE CORP. 1 4.25% $0
HALLMARK HOME MORTGAGE, LLC 1 3.13% $2,762
GUARANTY HOME MORTGAGE CORPORATION 1 3.13% $2,949
INTERRA CREDIT UNION 1 2.88% $2,197
Isabella Bank 1 3.13% $2,125
Ixonia Bank 1 3.38% $3,666
Goldman Sachs Bank USA 1 3.20% $2,814
Gold Coast Bank 1 2.50% $3,024
Key Mortgage Services, Inc. 1 2.88% $3,342
KINECTA 1 2.88% $2,070
Gateway First Bank 1 3.63% $3,583
LEADERONE FINANCIAL CORPORATION 1 2.75% $2,287
LENDERFI, INC. 1 2.88% $1,238
AMERICAN FINANCIAL NETWORK, INC. 1 2.63% $8,360
FIRST STATE MORTGAGE SERVICES, LLC 1 3.13% $3,751
Manufacturers and Traders Trust Company 1 3.50% $3,936
Meijer Credit Union 1 3.13% $2,429
First Home Bank 1 2.50% $5,536
First Federal Bank 1 2.88% $5,408
FirstBank 1 2.88% $2,906
MOVEMENT MORTGAGE, LLC 1 2.99% $0
Evolve Bank & Trust 1 3.13% $3,014
EVERETT FINANCIAL, INC. 1 2.88% $4,083
Nations Lending Corporation 1 3.50% $6,331
NETWORK CAPITAL FUNDING CORPORATION 1 3.50% $4,121
NEW DAY FINANCIAL, LLC 1 2.50% $3,842
DOW CHEMICAL EMPLOYEES' 1 3.75% $7,206
Northwest Bank 1 3.63% $4,900
DAS Acquisition Company, LLC 1 3.25% $7,613
CREDIT UNION ONE 1 3.13% $3,535
Commerce Home Mortgage, Inc. 1 4.10% $6,029
Paramount Residential Mortgage Group, Inc. 1 4.13% $2,870
PFCU 1 3.75% $2,328
CNB Bank And Trust, N.A. 1 2.50% $2,576
POLARIS HOME FUNDING CORP. 1 2.88% $2,647
PREMIA MORTGAGE, LLC 1 2.75% $2,660

Holland, MI's 191 lenders originated 6,729 loans during 2021. The total origination value was $1,378,595,000, with an average loan value of $204,874.

The top Holland lender as defined by loan originations is LAKE MICHIGAN CREDIT UNION, with 359 loans originated. Their average total fees are $3,241, which is $1,503 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Holland lenders (with over 10 loans originated) are United Bank of Michigan ($2,063), AAC Credit Union ($2,147), Wells Fargo Bank ($2,415), Honor Credit Union ($2,458) and Macatawa Bank ($2,509).

The lowest rate Holland lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.87%), BETTER MORTGAGE CORPORATION (2.88%), CALIBER HOME LOANS, INC. (2.97%), GUARANTEED RATE, INC. (2.98%) and Wells Fargo Bank (2.99%).

Holland, MI Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
LAKE MICHIGAN CREDIT UNION $163,665,000 $162,710,000 -0.6% 11.8%
QUICKEN LOANS, LLC $70,405,000 $92,095,000 30.8% 6.7%
The Huntington National Bank $63,070,000 $74,095,000 17.5% 5.4%
Fifth Third Bank $57,795,000 $66,875,000 15.7% 4.9%
United Bank of Michigan $62,450,000 $56,370,000 -9.7% 4.1%
CONSUMERS $35,940,000 $44,345,000 23.4% 3.2%
UNITED WHOLESALE MORTGAGE, LLC $20,850,000 $38,330,000 83.8% 2.8%
Northpointe Bank $48,345,000 $36,385,000 -24.7% 2.6%
Mercantile Bank of Michigan $44,205,000 $33,800,000 -23.5% 2.5%
Macatawa Bank $33,355,000 $30,595,000 -8.3% 2.2%
Neighborhood Loans, Inc. $20,195,000 $29,410,000 45.6% 2.1%
Old National Bank $20,730,000 $27,830,000 34.2% 2.0%
ARBOR FINANCIAL CREDIT UNION $22,945,000 $23,570,000 2.7% 1.7%
Independent Bank $12,890,000 $22,165,000 72.0% 1.6%
AMERIFIRST FINANCIAL CORPORATION $30,875,000 $20,620,000 -33.2% 1.5%
JPMorgan Chase Bank $20,695,000 $20,460,000 -1.1% 1.5%
NORTHERN MORTGAGE SERVICES, LLC $16,075,000 $18,635,000 15.9% 1.4%
MORTGAGE 1 INCORPORATED $22,045,000 $18,170,000 -17.6% 1.3%
TCF National Bank $47,875,000 $18,070,000 -62.3% 1.3%
UNION HOME MORTGAGE CORP. $16,575,000 $17,305,000 4.4% 1.3%
MORTGAGE CENTER L.C $10,330,000 $16,560,000 60.3% 1.2%
West Michigan Community Bank $17,810,000 $16,350,000 -8.2% 1.2%
UNITED $13,890,000 $15,465,000 11.3% 1.1%
WALKER & DUNLOP, LLC $15,405,000 n/a 1.1%
FREEDOM MORTGAGE CORPORATION $13,570,000 $14,535,000 7.1% 1.1%
PNC Bank $19,560,000 $14,250,000 -27.1% 1.0%
Honor Credit Union $12,525,000 $13,420,000 7.1% 1.0%
Wells Fargo Bank $6,720,000 $12,545,000 86.7% 0.9%
GUARANTEED RATE, INC. $11,045,000 $12,335,000 11.7% 0.9%
LOANDEPOT.COM, LLC $8,500,000 $11,180,000 31.5% 0.8%
Flagstar Bank, FSB $8,710,000 $10,480,000 20.3% 0.8%
CALIBER HOME LOANS, INC. $8,195,000 $10,345,000 26.2% 0.8%
AMERISAVE MORTGAGE CORPORATION $3,305,000 $10,255,000 210.3% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $4,255,000 $9,950,000 133.8% 0.7%
Horizon Bank $9,045,000 $9,920,000 9.7% 0.7%
SUCCESS MORTGAGE PARTNERS, INC. $10,690,000 $9,730,000 -9.0% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $8,190,000 $9,575,000 16.9% 0.7%
RUOFF MORTGAGE COMPANY, INC. $15,015,000 $9,345,000 -37.8% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $4,735,000 $9,255,000 95.5% 0.7%
Grand River Bank $10,675,000 $7,965,000 -25.4% 0.6%
GreenStone Farm Credit Services, FLCA $13,925,000 $7,935,000 -43.0% 0.6%
CHURCHILL MORTGAGE CORPORATION $7,430,000 $7,925,000 6.7% 0.6%
FINANCE OF AMERICA MORTGAGE LLC $12,320,000 $7,425,000 -39.7% 0.5%
BETTER MORTGAGE CORPORATION $1,705,000 $6,590,000 286.5% 0.5%
NEWREZ LLC $2,395,000 $6,300,000 163.0% 0.5%
Bank of America $13,730,000 $6,145,000 -55.2% 0.4%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $7,270,000 $5,790,000 -20.4% 0.4%
Mortgage Research Center, LLC $6,605,000 $5,605,000 -15.1% 0.4%
U.S. Bank $7,915,000 $5,510,000 -30.4% 0.4%
TOP FLITE FINANCIAL, INC. $3,515,000 $5,505,000 56.6% 0.4%
ADVIA $7,830,000 $5,290,000 -32.4% 0.4%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $2,540,000 $5,045,000 98.6% 0.4%
COREVEST AMERICAN FINANCE LENDER LLC $5,005,000 n/a 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $2,575,000 $4,465,000 73.4% 0.3%
INLANTA MORTGAGE, INC. $3,805,000 $4,345,000 14.2% 0.3%
Carrington Mortgage Services, LLC $2,015,000 $4,190,000 107.9% 0.3%
TRIAD FINANCIAL SERVICES, INC. $2,120,000 $4,125,000 94.6% 0.3%
BLUELEAF LENDING, LLC $2,250,000 $4,030,000 79.1% 0.3%
HOME POINT FINANCIAL CORPORATION $2,215,000 $3,945,000 78.1% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,445,000 $3,850,000 166.4% 0.3%
BM Real Estate Services, Inc. $2,390,000 $3,790,000 58.6% 0.3%
LAKEVIEW LOAN SERVICING, LLC $2,655,000 $3,175,000 19.6% 0.2%
OAK MORTGAGE, LLC $7,980,000 $3,150,000 -60.5% 0.2%
Hometown Lenders, Inc. $235,000 $3,130,000 1,231.9% 0.2%
Raymond James Bank $565,000 $3,110,000 450.4% 0.2%
STOCKTON MORTGAGE CORPORATION $2,400,000 $3,040,000 26.7% 0.2%
COMPASS MORTGAGE, INC. $2,370,000 $2,880,000 21.5% 0.2%
VAN DYK MORTGAGE CORPORATION $3,290,000 $2,820,000 -14.3% 0.2%
ChoiceOne Bank $3,625,000 $2,790,000 -23.0% 0.2%
Adventure Credit Union $3,820,000 $2,785,000 -27.1% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,580,000 $2,765,000 75.0% 0.2%
AAC Credit Union $5,770,000 $2,715,000 -52.9% 0.2%
Citizens Bank $2,840,000 $2,670,000 -6.0% 0.2%
Highpoint Community Bank $4,850,000 $2,560,000 -47.2% 0.2%
Associated Bank $1,210,000 $2,510,000 107.4% 0.2%
First Midwest Bank $125,000 $2,390,000 1,812.0% 0.2%
MICHIGAN MUTUAL, INC. $3,455,000 $2,320,000 -32.9% 0.2%
BROKER SOLUTIONS, INC. $1,485,000 $2,315,000 55.9% 0.2%
Community West Credit Union $4,115,000 $2,315,000 -43.7% 0.2%
Morgan Stanley Private Bank $3,925,000 $2,290,000 -41.7% 0.2%
PROPER RATE, LLC $515,000 $2,270,000 340.8% 0.2%
PENNYMAC LOAN SERVICES, LLC $1,685,000 $2,215,000 31.5% 0.2%
Pacor Mortgage Corp $3,875,000 $2,165,000 -44.1% 0.2%
The First National Bank of Ottawa $305,000 $2,165,000 609.8% 0.2%
InterContinental Capital Group, Inc $370,000 $2,140,000 478.4% 0.2%
BMO Harris Bank $1,435,000 $2,060,000 43.6% 0.1%
T2 FINANCIAL LLC $910,000 $1,970,000 116.5% 0.1%
MEMBER FIRST MORTGAGE, LLC $830,000 $1,940,000 133.7% 0.1%
MMS MORTGAGE SERVICES, LTD. $825,000 $1,830,000 121.8% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $2,255,000 $1,815,000 -19.5% 0.1%
Chicago Mortgage Solutions LLC $255,000 $1,715,000 572.5% 0.1%
Level One Bank $1,095,000 $1,710,000 56.2% 0.1%
The Federal Savings Bank $2,750,000 $1,695,000 -38.4% 0.1%
Ally Bank $1,370,000 $1,660,000 21.2% 0.1%
21ST MORTGAGE CORPORATION $1,625,000 $1,625,000 0.0% 0.1%
American Mortgage & Equity Consultants, Inc. $1,550,000 n/a 0.1%
KALSEE CREDIT UNION $390,000 $1,520,000 289.7% 0.1%
EVERETT FINANCIAL, INC. $340,000 $1,500,000 341.2% 0.1%
J. VIRGIL, INC. $1,130,000 $1,465,000 29.6% 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $550,000 $1,430,000 160.0% 0.1%
Chicago Financial Services, Inc. $195,000 $1,425,000 630.8% 0.1%
NAVY FEDERAL CREDIT UNION $2,615,000 $1,420,000 -45.7% 0.1%
AmeriHome Mortgage Company, LLC $880,000 $1,390,000 58.0% 0.1%
TOWNE MORTGAGE COMPANY $3,160,000 $1,385,000 -56.2% 0.1%
SUMMIT HOME MORTGAGE, LLC $3,020,000 $1,365,000 -54.8% 0.1%
Kellogg Community Credit Union $425,000 $1,315,000 209.4% 0.1%
TEACHERS CREDIT UNION $605,000 $1,295,000 114.0% 0.1%
Stifel Bank and Trust $1,290,000 n/a 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $850,000 $1,285,000 51.2% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $850,000 $1,275,000 50.0% 0.1%
DFCU FINANCIAL $1,460,000 $1,270,000 -13.0% 0.1%
NEW DAY FINANCIAL, LLC $1,025,000 $1,270,000 23.9% 0.1%
ENVOY MORTGAGE, LTD $745,000 $1,265,000 69.8% 0.1%
GVC MORTGAGE, INC. $965,000 $1,250,000 29.5% 0.1%
POLARIS HOME FUNDING CORP. $2,680,000 $1,215,000 -54.7% 0.1%
Sturgis Bank & Trust Company $630,000 $1,215,000 92.9% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $995,000 $1,165,000 17.1% 0.1%
AMERICAN FINANCING CORPORATION $240,000 $1,155,000 381.3% 0.1%
MID AMERICA MORTGAGE, INC. $945,000 $1,135,000 20.1% 0.1%
MOVEMENT MORTGAGE, LLC $775,000 $1,125,000 45.2% 0.1%
PHH Mortgage Corporation $1,140,000 $1,105,000 -3.1% 0.1%
Ameris Bank $1,090,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $1,675,000 $1,055,000 -37.0% 0.1%
KELLER MORTGAGE, LLC $1,355,000 $1,035,000 -23.6% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,035,000 n/a 0.1%
The Dart Bank $2,980,000 $890,000 -70.1% 0.1%
Barrington Bank & Trust Company, N.A. $2,160,000 $875,000 -59.5% 0.1%
MARSHALL COMMUNITY CREDIT UNION $320,000 $865,000 170.3% 0.1%
CLEARPATH LENDING $850,000 $850,000 0.0% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $640,000 $840,000 31.3% 0.1%
PREFERRED CREDIT UNION $705,000 $795,000 12.8% 0.1%
First Guaranty Mortgage Corporation $1,985,000 $785,000 -60.5% 0.1%
CHERRY CREEK MORTGAGE, LLC $225,000 $775,000 244.4% 0.1%
STEARNS LENDING, LLC $235,000 $770,000 227.7% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,830,000 $765,000 -58.2% 0.1%
MICHIGAN FIRST CREDIT UNION $330,000 $755,000 128.8% 0.1%
The State Bank $750,000 n/a 0.1%
Goldman Sachs Bank USA $2,245,000 $715,000 -68.2% 0.1%
ROYAL UNITED MORTGAGE LLC $1,300,000 $715,000 -45.0% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $415,000 $690,000 66.3% 0.1%
Paramount Residential Mortgage Group, Inc. $690,000 n/a 0.1%
LEADERONE FINANCIAL CORPORATION $2,830,000 $685,000 -75.8% 0.0%
Old Second National Bank $685,000 n/a 0.0%
United Bay Community Credit Union $785,000 $685,000 -12.7% 0.0%
ZILLOW HOME LOANS, LLC $390,000 $680,000 74.4% 0.0%
Citadel Servicing Corporation $675,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $810,000 $675,000 -16.7% 0.0%
First Savings Bank $505,000 $665,000 31.7% 0.0%
Northwest Bank $225,000 $665,000 195.6% 0.0%
First Merchants Bank $650,000 n/a 0.0%
LENDERFI, INC. $225,000 $650,000 188.9% 0.0%
North American Savings Bank, F.S.B. $650,000 n/a 0.0%
Circle Federal Credit Union $105,000 $645,000 514.3% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $635,000 n/a 0.0%
CREDIT UNION ONE $80,000 $620,000 675.0% 0.0%
Centier Bank $645,000 $615,000 -4.7% 0.0%
LENDINGHOME FUNDING CORPORATION $295,000 $610,000 106.8% 0.0%
Ixonia Bank $145,000 $605,000 317.2% 0.0%
CIBC Bank USA $1,240,000 $575,000 -53.6% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $570,000 $570,000 0.0% 0.0%
STAUNTON FINANCIAL, INC. $310,000 $560,000 80.6% 0.0%
Evolve Bank & Trust $545,000 n/a 0.0%
Sunflower Bank $305,000 $545,000 78.7% 0.0%
THE ANDERSON FINANCIAL GROUP, INC. $545,000 n/a 0.0%
The National Bank of Indianapolis $175,000 $545,000 211.4% 0.0%
UBS Bank USA $545,000 n/a 0.0%
DOW CHEMICAL EMPLOYEES' $575,000 $535,000 -7.0% 0.0%
RELIANCE FIRST CAPITAL, LLC $145,000 $535,000 269.0% 0.0%
USAA Federal Savings Bank $1,930,000 $535,000 -72.3% 0.0%
First Home Bank $515,000 n/a 0.0%
PLANET HOME LENDING, LLC $195,000 $505,000 159.0% 0.0%
SOFI LENDING CORP. $505,000 n/a 0.0%
The Northern Trust Company $505,000 n/a 0.0%
Comerica Bank $635,000 $495,000 -22.0% 0.0%
FirstBank $495,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $485,000 $475,000 -2.1% 0.0%
Manufacturers and Traders Trust Company $465,000 n/a 0.0%
MEMBERS FIRST Credit Union $320,000 $460,000 43.8% 0.0%
Baxter Credit Union $870,000 $455,000 -47.7% 0.0%
Brighton Bank $285,000 $450,000 57.9% 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $450,000 n/a 0.0%
NBKC BANK $570,000 $450,000 -21.1% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $600,000 $445,000 -25.8% 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $195,000 $440,000 125.6% 0.0%
UNITED MORTGAGE CORP. $440,000 n/a 0.0%
West Michigan Credit Union $25,000 $420,000 1,580.0% 0.0%
AMERICAN ADVISORS GROUP $505,000 $410,000 -18.8% 0.0%
GENEVA FINANCIAL, LLC $215,000 $410,000 90.7% 0.0%
OAKTREE FUNDING CORP. $405,000 n/a 0.0%
Best Financial Credit Union $400,000 n/a 0.0%
Cf Bank $395,000 n/a 0.0%
Prospect Bank $395,000 n/a 0.0%
TEAM ONE CREDIT UNION $660,000 $375,000 -43.2% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $1,650,000 $370,000 -77.6% 0.0%
Discover Bank $300,000 $355,000 18.3% 0.0%
Gateway First Bank $165,000 $355,000 115.2% 0.0%
COMMUNITY FINANCIAL CREDIT UNION $205,000 $325,000 58.5% 0.0%
FINANCIAL PLUS CREDIT UNION $325,000 n/a 0.0%
VIBE CREDIT UNION $310,000 n/a 0.0%
MIDWEST LOAN SOLUTIONS, INC. $305,000 n/a 0.0%
Figure Lending LLC $85,000 $300,000 252.9% 0.0%
Plains Commerce Bank $300,000 n/a 0.0%
MORTGAGE ACCESS CORP. $285,000 n/a 0.0%
IMPAC MORTGAGE CORP. $275,000 n/a 0.0%
Key Mortgage Services, Inc. $255,000 $275,000 7.8% 0.0%
Visio Financial Services Inc. $215,000 $275,000 27.9% 0.0%
OCEANSIDE MORTGAGE COMPANY $165,000 $270,000 63.6% 0.0%
PREMIA MORTGAGE, LLC $305,000 $265,000 -13.1% 0.0%
Renasant Bank $225,000 $265,000 17.8% 0.0%
THE EQUITABLE MORTGAGE CORPORATION $265,000 n/a 0.0%
JOLT CREDIT UNION $260,000 n/a 0.0%
DIGITAL Federal Credit Union $255,000 n/a 0.0%
Prosperity Home Mortgage, LLC $1,025,000 $255,000 -75.1% 0.0%
Southern Michigan Bank & Trust $1,175,000 $255,000 -78.3% 0.0%
1st Source Bank $850,000 $250,000 -70.6% 0.0%
COMMUNITY CHOICE CREDIT UNION $150,000 $250,000 66.7% 0.0%
EMM LOANS LLC $635,000 $245,000 -61.4% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $285,000 $245,000 -14.0% 0.0%
Triumph Bank $425,000 $245,000 -42.4% 0.0%
UNIVERSITY LENDING GROUP, LLC $490,000 $235,000 -52.0% 0.0%
Wildfire Credit Union $235,000 n/a 0.0%
Merchants Bank of Indiana $215,000 n/a 0.0%
CMG MORTGAGE, INC. $135,000 $205,000 51.9% 0.0%
QUORUM FEDERAL CREDIT UNION $205,000 n/a 0.0%
The Park National Bank $205,000 n/a 0.0%
TIAA, FSB $55,000 $205,000 272.7% 0.0%
Wyndham Capital Mortgage, Inc. $255,000 $205,000 -19.6% 0.0%
Equity Prime Mortgage LLC $195,000 n/a 0.0%
INTERRA CREDIT UNION $195,000 n/a 0.0%
Magnolia Bank $195,000 n/a 0.0%
Paramount Bank $195,000 n/a 0.0%
ProFed Federal Credit Union $195,000 n/a 0.0%
The Shelby State Bank $195,000 n/a 0.0%
Colten Mortgage, LLC $185,000 n/a 0.0%
Liberty Savings Bank, F.S.B. $185,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $185,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $185,000 n/a 0.0%
MICHIGAN SCHOOLS AND GOVERNMENT $930,000 $180,000 -80.6% 0.0%
Notre Dame Federal Credit Union Corporation $320,000 $180,000 -43.8% 0.0%
DAS Acquisition Company, LLC $175,000 n/a 0.0%
First Federal Bank $440,000 $175,000 -60.2% 0.0%
S1L, Inc. $175,000 n/a 0.0%
HANCOCK MORTGAGE PARTNERS, LLC $195,000 $165,000 -15.4% 0.0%
BECKAM FUNDING CORP. $155,000 n/a 0.0%
CANOPY MORTGAGE, LLC $155,000 n/a 0.0%
CNB Bank And Trust, N.A. $155,000 n/a 0.0%
Commercial Bank $155,000 n/a 0.0%
Isabella Bank $1,045,000 $155,000 -85.2% 0.0%
KINECTA $155,000 n/a 0.0%
Bank of England $145,000 n/a 0.0%
UNIVERSITY OF MICHIGAN CREDIT UNION $145,000 n/a 0.0%
BayCoast Bank $85,000 $135,000 58.8% 0.0%
Meijer Credit Union $225,000 $135,000 -40.0% 0.0%
SPRING EQ, LLC $350,000 $135,000 -61.4% 0.0%
ARC HOME LLC $125,000 n/a 0.0%
Commerce Home Mortgage, Inc. $125,000 n/a 0.0%
GENISYS $165,000 $125,000 -24.2% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $125,000 n/a 0.0%
Nations Lending Corporation $515,000 $125,000 -75.7% 0.0%
NUMARK CREDIT UNION $55,000 $120,000 118.2% 0.0%
Axiom Bank, N.A. $115,000 n/a 0.0%
Deere Employees Credit Union $115,000 n/a 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $115,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $285,000 $110,000 -61.4% 0.0%
Gold Coast Bank $620,000 $105,000 -83.1% 0.0%
United Fidelity Funding Corp. $105,000 n/a 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $105,000 n/a 0.0%
Oxford Bank & Trust $155,000 $90,000 -41.9% 0.0%
HALLMARK HOME MORTGAGE, LLC $85,000 n/a 0.0%
OMNI Community Credit Union $165,000 $80,000 -51.5% 0.0%
Lake Trust Credit Union $120,000 $70,000 -41.7% 0.0%
GREENWOOD $65,000 n/a 0.0%
PFCU $85,000 $65,000 -23.5% 0.0%
GreenStone Farm Credit Services, ACA $35,000 $25,000 -28.6% 0.0%

Holland's top lender by overall market share is LAKE MICHIGAN CREDIT UNION, with 11.8% market share. In second place, with 6.7%, is QUICKEN LOANS, LLC, having originated $92,095,000 in loans. In third place, with 5.4%, is The Huntington National Bank, having originated $74,095,000 in loans. In third place, with 4.9%, is Fifth Third Bank, having originated $66,875,000 in loans. In third place, with 4.1%, is United Bank of Michigan, having originated $56,370,000 in loans.


Holland, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 2,463 $501,255,000 $203,514
Home Purchase 2,026 $517,210,000 $255,286
Cash Out Refi 1,571 $297,545,000 $189,398
Home Improvement 428 $33,830,000 $79,042
Other 241 $28,755,000 $119,315

Holland's most frequently cited loan purpose was Refi, with 2,463 originations. The 2nd most popular reason was Home Purchase, with 2,026 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 2,576 $549,070,000 $213,148
3-4% 2,480 $539,650,000 $217,601
<2.5% 1,036 $210,730,000 $203,407
4-5% 297 $37,455,000 $126,111
Over 8% 100 $5,210,000 $52,100
5-6% 76 $4,480,000 $58,947
6-7% 50 $7,860,000 $157,200
7-8% 37 $1,785,000 $48,243

During 2021, Holland's most frequently originated rate bucket was 2.5-3%, with 2,576 originations.

Loan Sizing (Holland, MI MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,752 $409,740,000 $148,888
$200k-400k 2,164 $574,090,000 $265,291
$100,000 or less 1,344 $81,980,000 $60,997
$400k-600k 324 $156,550,000 $483,179
$600k-1000k 101 $73,145,000 $724,208
$Over $1MM 44 $83,090,000 $1,888,409

Holland's loan sizing saw the bucket of loans from $100k-200k with 2,752 originations, totaling $409,740,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 2,238 $529,100,000 $236,416
80-100% 1,638 $406,180,000 $247,973
40-60% 1,343 $262,975,000 $195,812
20-40% 775 $95,955,000 $123,813
Under 20% 416 $19,540,000 $46,971
Over 100% 19 $11,495,000 $605,000

Holland's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 2,238 originations, totaling $529,100,000 in origination value.


Market Conditions (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 $248,950 (-15.2%) $352,630 (-17.7%) 0.00 279
2018-02-01 $259,900 (-12.2%) $366,761 (-17.5%) 0.00 271
2018-03-01 $259,900 (-12.3%) $383,998 (-13.3%) 0.00 257
2018-04-01 $262,500 (-11.0%) $381,090 (-12.8%) 0.00 273
2018-05-01 $277,400 (0.0%) $397,488 (-1.5%) 0.00 302
2018-06-01 $299,900 (11.5%) $406,308 (3.6%) 0.00 330
2018-07-01 $299,750 (15.3%) $398,795 (3.0%) 0.00 364
2018-08-01 $275,800 (6.1%) $377,345 (-0.8%) 0.00 366
2018-09-01 $274,900 (6.8%) $378,534 (1.1%) 0.00 364
2018-10-01 $277,450 (11.2%) $388,798 (12.0%) 0.00 355
2018-11-01 $289,010 (15.2%) $411,534 (16.2%) 0.00 330
2018-12-01 $279,900 (12.4%) $410,857 (13.0%) 0.00 293
2019-01-01 $262,450 (5.4%) $396,558 (12.5%) 0.00 254
2019-02-01 $291,450 (12.1%) $425,952 (16.1%) 0.00 237
2019-03-01 $312,086 (20.1%) $435,584 (13.4%) 0.00 256
2019-04-01 $317,500 (21.0%) $455,508 (19.5%) 0.00 268
2019-05-01 $324,900 (17.1%) $446,264 (12.3%) 0.00 295
2019-06-01 $314,000 (4.7%) $433,596 (6.7%) 0.00 336
2019-07-01 $317,900 (6.1%) $428,615 (7.5%) 0.00 373
2019-08-01 $308,514 (11.9%) $421,390 (11.7%) 0.00 399
2019-09-01 $299,950 (9.1%) $416,749 (10.1%) 0.00 425
2019-10-01 $294,650 (6.2%) $417,605 (7.4%) 0.00 412
2019-11-01 $285,000 (-1.4%) $405,722 (-1.4%) 0.00 368
2019-12-01 $269,900 (-3.6%) $398,929 (-2.9%) 0.00 345
2020-01-01 $262,450 (0.0%) $388,481 (-2.0%) 0.00 294
2020-02-01 $281,900 (-3.3%) $429,911 (0.9%) 0.00 271
2020-03-01 $318,000 (1.9%) $441,741 (1.4%) 0.00 270
2020-04-01 $324,900 (2.3%) $453,471 (-0.5%) 0.00 284
2020-05-01 $335,000 (3.1%) $460,572 (3.2%) 0.00 275
2020-06-01 $339,900 (8.3%) $471,392 (8.7%) 0.00 256
2020-07-01 $339,950 (6.9%) $491,086 (14.6%) 0.00 240
2020-08-01 $339,900 (10.2%) $524,232 (24.4%) 0.00 198
2020-09-01 $389,950 (30.0%) $560,916 (34.6%) 0.00 178
2020-10-01 $385,000 (30.7%) $623,186 (49.2%) 0.00 155
2020-11-01 $369,450 (29.6%) $614,984 (51.6%) 0.00 132
2020-12-01 $320,000 (18.6%) $593,227 (48.7%) 0.00 123
2021-01-01 $299,900 (14.3%) $588,397 (51.5%) 0.00 102
2021-02-01 $307,250 (9.0%) $633,281 (47.3%) 0.00 80
2021-03-01 $307,700 (-3.2%) $644,047 (45.8%) 0.00 82
2021-04-01 $322,400 (-0.8%) $709,144 (56.4%) 0.00 84
2021-05-01 $329,900 (-1.5%) $703,328 (52.7%) 0.00 105
2021-06-01 $329,950 (-2.9%) $637,809 (35.3%) 0.00 123
2021-07-01 $330,000 (-2.9%) $558,323 (13.7%) 0.00 140
2021-08-01 $339,500 (-0.1%) $563,728 (7.5%) 0.00 164
2021-09-01 $344,000 (-11.8%) $548,466 (-2.2%) 0.00 145
2021-10-01 $339,000 (-12.0%) $566,531 (-9.1%) 0.00 129
2021-11-01 $346,500 (-6.2%) $580,117 (-5.7%) 0.00 109
2021-12-01 $339,950 (6.2%) $553,318 (-6.7%) 0.00 89
2022-01-01 $319,900 (6.7%) $527,396 (-10.4%) 0.00 71
2022-02-01 $362,400 (18.0%) $541,457 (-14.5%) 0.00 58
2022-03-01 $319,450 (3.8%) $521,612 (-19.0%) 0.00 61
2022-04-01 $349,900 (8.5%) $514,191 (-27.5%) 0.00 71
2022-05-01 $379,900 (15.2%) $531,941 (-24.4%) 0.00 93
2022-06-01 $375,000 (13.7%) $559,614 (-12.3%) 0.00 124
Holland's median listing price for 2022-06-01 was $375,000, a difference of $45,050 (13.7%) versus the prior year and $-4,900 versus the prior month.

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

Holland's average listing price for 2022-06-01 was $559,614, a difference of $-78,195 (-12.3%) versus the prior year and $27,673 versus the prior month.

For the 2022-06-01 period, Holland had 124 MLS listings, a difference of 31 listings (33%) versus the prior month and 1 listings (1%) 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 1,953 sqft
2018-02-01 0 days 1,962 sqft
2018-03-01 0 days 1,996 sqft
2018-04-01 0 days 1,925 sqft
2018-05-01 0 days 1,935 sqft
2018-06-01 0 days 1,950 sqft
2018-07-01 0 days 1,965 sqft
2018-08-01 0 days 1,902 sqft
2018-09-01 0 days 1,875 sqft
2018-10-01 0 days 1,932 sqft
2018-11-01 0 days 1,973 sqft
2018-12-01 0 days 1,901 sqft
2019-01-01 0 days 1,838 sqft
2019-02-01 0 days 1,838 sqft
2019-03-01 0 days 1,845 sqft
2019-04-01 0 days 1,853 sqft
2019-05-01 0 days 1,868 sqft
2019-06-01 0 days 1,889 sqft
2019-07-01 0 days 1,973 sqft
2019-08-01 0 days 1,990 sqft
2019-09-01 0 days 2,004 sqft
2019-10-01 0 days 1,988 sqft
2019-11-01 0 days 1,944 sqft
2019-12-01 0 days 1,891 sqft
2020-01-01 0 days 1,880 sqft
2020-02-01 0 days 1,892 sqft
2020-03-01 0 days 1,889 sqft
2020-04-01 0 days 1,900 sqft
2020-05-01 0 days 1,944 sqft
2020-06-01 0 days 1,910 sqft
2020-07-01 0 days 1,913 sqft
2020-08-01 0 days 1,928 sqft
2020-09-01 0 days 2,166 sqft
2020-10-01 0 days 2,090 sqft
2020-11-01 0 days 2,006 sqft
2020-12-01 0 days 1,953 sqft
2021-01-01 0 days 1,906 sqft
2021-02-01 0 days 1,976 sqft
2021-03-01 0 days 1,943 sqft
2021-04-01 0 days 2,198 sqft
2021-05-01 0 days 2,110 sqft
2021-06-01 0 days 1,894 sqft
2021-07-01 0 days 1,905 sqft
2021-08-01 0 days 1,959 sqft
2021-09-01 0 days 1,924 sqft
2021-10-01 0 days 1,960 sqft
2021-11-01 0 days 1,975 sqft
2021-12-01 0 days 1,869 sqft
2022-01-01 0 days 1,860 sqft
2022-02-01 0 days 1,986 sqft
2022-03-01 0 days 2,024 sqft
2022-04-01 0 days 2,078 sqft
2022-05-01 0 days 2,014 sqft
2022-06-01 0 days 2,074 sqft
Holland's median listing age (time on market) for 2022-06-01 was 0 days.

Holland's median square footage for active listings during the 2022-06-01 period was 2,074 sqft. One year prior, the average listing was 1,894 sqft.