Lender in Michigan · HMDA 2025
ChoiceOne Bank mortgages in Michigan
ChoiceOne Bank's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
ChoiceOne Bank originated 374 owner-occupied single-family loans in Michigan from 455 completed applications.
Its median conventional purchase loan costs were $3,270 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
374
of 455 applications
Denial rate
9.7%
Purchase · MI 7.8%
Rate spread
+0.22 pts
Conv. · MI +0.23 pts
Loan amount
$265,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 269 | 241 | 9.7% | 6.625% | +0.22 pts | $3,270 | $265,000 |
| Refinance | 110 | 77 | 28.2% | — | +0.35 pts | $3,260 | $205,000 |
| Cash-out refinance | 76 | 56 | 23.7% | 6.875% | +0.44 pts | $3,120 | $215,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where ChoiceOne Bank ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Newaygo County | 6 | 31 | 5.0% |
| Lapeer County | 9 | 27 | 2.1% |
| Muskegon County | 15 | 40 | 1.4% |
| St. Clair County | 18 | 30 | 1.3% |
| Kent County | 25 | 76 | 0.8% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology