ChoiceOne Bank mortgage approval rate & lending review
ChoiceOne Bank decided 1,782 mortgage applications and funded 1,419 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions ChoiceOne Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
ChoiceOne Bank at a glance
Approval is 4.3 points above the 77.3% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 90% | 601 / 668 | 99% | $255K | 594 |
| Home improvement loans | 75% | 258 / 344 | 93% | $55K | 241 |
| Cash-out refinance | 79% | 169 / 213 | 98% | $95K | 165 |
| Refinance | 71% | 271 / 383 | 98% | $135K | 265 |
| Investment property purchase | 90% | 78 / 87 | 99% | $185K | 77 |
| Investment cash-out refinance | 91% | 29 / 32 | 100% | $145K | 29 |
| Investment refinance | 86% | 37 / 43 | 100% | $125K | 37 |
ChoiceOne Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 82% | $135K | 1,765 | 1,404 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where ChoiceOne Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Kent County, MI | Mortgage lenders | 92% | 219 | 200 |
| Muskegon County, MI | Mortgage lenders | 91% | 128 | 115 |
| Kent County, MI | Home improvement loans | 79% | 113 | 81 |
| Kent County, MI | Refinance | 81% | 103 | 81 |
| St. Clair County, MI | Mortgage lenders | 90% | 80 | 71 |
| Ottawa County, MI | Mortgage lenders | 89% | 64 | 55 |
| St. Clair County, MI | Home improvement loans | 77% | 74 | 54 |
| Kent County, MI | Cash-out refinance | 84% | 62 | 51 |
| Muskegon County, MI | Home improvement loans | 68% | 77 | 48 |
| Muskegon County, MI | Refinance | 63% | 71 | 45 |
| Ottawa County, MI | Refinance | 89% | 44 | 38 |
| Muskegon County, MI | Cash-out refinance | 84% | 45 | 37 |
The county markets where ChoiceOne Bank made the most loans. Each link opens that market with every lender ranked.
Questions about ChoiceOne Bank
What is ChoiceOne Bank's mortgage approval rate?
ChoiceOne Bank approved 81.6% of the 1,782 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 4.3 points above the 77.3% national rate for the same mix of loan types.
How often do borrowers take the loan ChoiceOne Bank offers?
Borrowers accepted 98% of the loans ChoiceOne Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does ChoiceOne Bank make?
The typical home purchase mortgage loan ChoiceOne Bank made was $255K; across all loan types its typical loan ran from $55K to $255K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does ChoiceOne Bank lend?
ChoiceOne Bank decided applications in 5 of the states Fat Boy Data covers, most of them in Michigan, Florida and Arizona.
Can I apply to ChoiceOne Bank directly?
Yes. ChoiceOne Bank is a bank or credit union with 50 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show ChoiceOne Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how ChoiceOne Bank treats applications, then get a rate quote from the lender.