Lender profile · HMDA 2023–2025
Honor Credit Union mortgage approval rates & lending data
Honor Credit Union decided 3,237 mortgage applications and funded 2,467 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 91% | 962 / 1,058 | 98% | $215K | 943 |
| Home improvement loans | 75% | 947 / 1,268 | 95% | $45K | 901 |
| Cash-out refinance | 69% | 348 / 501 | 96% | $125K | 334 |
| Refinance | 80% | 86 / 108 | 92% | $125K | 79 |
| Investment property purchase | 89% | 126 / 142 | 94% | $185K | 119 |
| Investment cash-out refinance | 56% | 25 / 45 | 100% | $105K | 25 |
| Investment home improvement | 57% | 62 / 108 | 97% | $105K | 60 |
Honor Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 79% | $125K | 3,051 | 2,317 |
| Indiana | 78% | $145K | 94 | 71 |
| Florida | 93% | $205K | 27 | 25 |
| Illinois | 81% | $375K | 16 | 13 |
| Arizona | 100% | $75K | 5 | 5 |
| North Carolina | 100% | $35K | 5 | 5 |
| Alabama | 100% | $55K | 4 | 4 |
| Arkansas | 100% | $125K | 4 | 4 |
| South Carolina | 75% | $205K | 4 | 3 |
| California | 33% | $85K | 3 | 1 |
| Georgia | 67% | $75K | 3 | 2 |
| Utah | 100% | $475K | 3 | 3 |
| Virginia | 33% | $175K | 3 | 1 |
| Wisconsin | 67% | $105K | 3 | 2 |
| Colorado | 100% | $185K | 2 | 2 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.