Applications / Mortgage Analytics / Lenders / Michigan / ChoiceOne Bank
Sparta, MI · State member bank · FRS · $4.4 billion assets · 939 loans in 2025
ChoiceOne Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
939
loans originated, 2025
1,460
applications, 2025
4
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
ChoiceOne Bank is a Michigan bank with a mixed refinance, purchase and other-purpose book whose originations rose 7% in 2025, in line with similar banks, as its share rose in Flint and fell in Muskegon.
In Flint, MI it ranked 17 of 285 lenders, with its share up to 1.4% from 0.2%; its 2025 merger with The State Bank, whose filings count in the competition figures, is one possible reason. In Muskegon-Norton Shores, MI its share fell to 1.7% from 4.6%, ranking 12 of 233; other lenders growing there, or its lending moving to other markets, are possibilities. In Grand Rapids-Wyoming-Kentwood, MI it ranked 21 of 436, where Lake Michigan Credit Union ranked first.
Originations rose 7% to 939, the same as similar lenders (state member banks making between half and twice as many loans), against 10% for the whole market. Refinances were 33.1% of its loans, purchases 32.7% and other-purpose loans 26.5%.
Low- and moderate-income (LMI) borrowers took 32.9% of its loans, higher than about seven in ten peers (27.9%), though down from 40.6% the year before. Loans in LMI areas were 21.6%, higher than about four in five peers, whose typical share was 16.0%.
Its typical loan was $155,000, against $205,000 at peers, and manufactured homes were 4.2% of its loans, against 0.9%. Its higher-priced share (a rate well above the average for similar loans) was 0.8%, against 1.1% at peers.
Questions the data can answer next
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. ChoiceOne Bank took 1,460 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 33.1% · Purchase 32.7% · Other 26.5% · Home improvement 7.7%
Conventional 98.6% · FHA 1.4% · of 939 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Michigan | 929 | 98.9% |
| Florida | 8 | 0.9% |
| Arizona | 1 | 0.1% |
| North Carolina | 1 | 0.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Warren-Troy-Farmington Hills | 271 |
| Grand Rapids-Wyoming-Kentwood | 242 |
| Muskegon-Norton Shores | 96 |
| Flint | 83 |
| Detroit-Dearborn-Livonia | 22 |
| Saginaw | 20 |
| Lansing-East Lansing | 12 |
| Jackson | 8 |
| Kalamazoo-Portage | 5 |
| Bay City | 2 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300U7ERLWHOGWFM48 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 324340 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 2324340 | 1990–2017 |
Established 1 January 1898. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: ChoiceOne Bank's data.
ChoiceOne Bank's data
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ChoiceOne Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
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