# Honor Credit Union

> **Canonical URL:** https://saferate.com/lenders/honor-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Honor Credit Union is a credit union, headquartered in Berrien Springs, MI, serving borrowers across 10 states, with 503 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 22% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 26% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900V9842QPBGIO804
- **Headquarters:** Berrien Springs, MI
- **Geographic Reach:** Multi-Region
- **States Served:** 10
- **State List:** AL, AR, CO, FL, IN, MI, PA, SC, TX, UT
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 99.9%
- **Brokered/Wholesale:** 0.1%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 78/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 74/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.231%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $934
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 503
- **Dollar Volume:** $115 million
- **Applications Received:** 724
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $229,115
- **Average Borrower Income:** $114,330
- **Average Property Value:** $304,781

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)
- ⭐ **Refinance Gold Superstar** (78%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 74/100 | 475 | +0.192% | $936 | Strong 😀 |
| FHA | 51/100 | 17 | +0.810% | $893 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 361 loans, Score: 72/100 (Strong)
- Refinance: 114 loans, Score: 73/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 71/100 | 389 | $95M | +0.262% | Strong 😀 |
| Refinance | 71/100 | 114 | $21M | +0.089% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 485 | 0.43% | 81/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Niles, MI | MI | 199 | 99/100 |
| Non |  | 147 | 60/100 |
| Kalamazoo | MI | 50 | 67/100 |
| South Bend | IN-MI | 35 | 63/100 |
| Battle Creek, MI | MI | 29 | 65/100 |
| Grand Rapids | MI | 20 | 49/100 |

## Where This Lender Ranks

Honor Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Niles, MI for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders/credit-unions/fha-loans)
- 🥉 **#3** in Niles, MI
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders)
- 🥉 **#3** in Niles, MI Credit Unions
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Niles, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Niles, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Kalamazoo Credit Unions
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Kalamazoo for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in South Bend
  - [View Full Rankings](https://saferate.com/south-bend/best-mortgage-lenders)
- 🏆 **#4** in South Bend Credit Unions
  - [View Full Rankings](https://saferate.com/south-bend/best-mortgage-lenders/credit-unions)
- 🏆 **#5** in South Bend for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/south-bend/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Battle Creek, MI Credit Unions
  - [View Full Rankings](https://saferate.com/battle-creek-mi/best-mortgage-lenders/credit-unions)
- 🏆 **#5** in Battle Creek, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/battle-creek-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Michigan Credit Unions
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/credit-unions)
- 🏆 **#6** in Michigan for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Michigan for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/credit-unions/fha-loans)
- 🏆 **#6** in Niles, MI for FHA Loans
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders/fha-loans)
- 🏆 **#7** in South Bend for Conventional Loans
  - [View Full Rankings](https://saferate.com/south-bend/best-mortgage-lenders/conventional-loans)
- 🏆 **#8** in Michigan for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#8** in Kalamazoo
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders)
- 🏆 **#8** in Kalamazoo for Conventional Loans
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Honor Credit Union offer?

Honor Credit Union offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Honor Credit Union offer mortgages?

Honor Credit Union offers mortgages in 10 states: AL, AR, CO, FL, IN, MI, PA, SC, TX, UT.

### How competitive are Honor Credit Union's mortgage rates?

Honor Credit Union has a pricing score of 78/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.231% above market average.

### What type of lender is Honor Credit Union?

Honor Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Berrien Springs, MI.

### What is Honor Credit Union's loan approval success rate?

Honor Credit Union has a pull-through score of 74/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/honor-credit-union

### How to Cite

> "Honor Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/honor-credit-union

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