Community Choice mortgage approval rate & lending review
Community Choice decided 2,100 mortgage applications and funded 1,561 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Community Choice reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Community Choice at a glance
Approval is 8.9 points above the 66.0% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Home improvement loans | 73% | 921 / 1,262 | 99% | $45K | 916 |
| Cash-out refinance | 81% | 419 / 520 | 99% | $45K | 415 |
| Refinance | 77% | 231 / 300 | 99% | $65K | 229 |
Community Choice lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 75% | $45K | 2,069 | 1,538 |
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 Community Choice lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Wayne County, MI | Home improvement loans | 65% | 491 | 315 |
| Oakland County, MI | Home improvement loans | 82% | 278 | 227 |
| Wayne County, MI | Cash-out refinance | 75% | 193 | 143 |
| Macomb County, MI | Home improvement loans | 69% | 158 | 109 |
| Oakland County, MI | Cash-out refinance | 83% | 115 | 94 |
| Jackson County, MI | Home improvement loans | 82% | 103 | 84 |
| Wayne County, MI | Refinance | 72% | 116 | 84 |
| Macomb County, MI | Cash-out refinance | 85% | 72 | 61 |
| Livingston County, MI | Home improvement loans | 95% | 55 | 52 |
| Jackson County, MI | Cash-out refinance | 86% | 56 | 48 |
| Muskegon County, MI | Home improvement loans | 69% | 54 | 37 |
| Oakland County, MI | Refinance | 73% | 52 | 37 |
The county markets where Community Choice made the most loans. Each link opens that market with every lender ranked.
Questions about Community Choice
What is Community Choice's mortgage approval rate?
Community Choice approved 74.9% of the 2,100 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.9 points above the 66.0% national rate for the same mix of loan types.
How often do borrowers take the loan Community Choice offers?
Borrowers accepted 99% of the loans Community Choice approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Community Choice make?
The typical home improvement loan loan Community Choice made was $45K; across all loan types its typical loan ran from $45K to $65K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Community Choice lend?
Community Choice decided applications in 4 of the states Fat Boy Data covers, most of them in Michigan, Florida and Ohio.
Can I apply to Community Choice directly?
Yes. Community Choice is a bank or credit union with 35 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Community Choice'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 Community Choice treats applications, then get a rate quote from the lender.