Applications / Mortgage Analytics / Lenders / Michigan / GreenStone Farm Credit Services, FLCA
East Lansing, MI · Independent non-bank lender · CFPB · 1,202 loans in 2025
GreenStone Farm Credit Services, FLCA's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
1,202
loans originated, 2025
1,428
applications, 2025
7
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
GreenStone Farm Credit Services, FLCA is a conventional-only lender rooted in rural Michigan, and in 2025 it grew 21%, far faster than similar lenders.
Every loan it made was conventional, against 67.4% among similar lenders, here independent non-bank lenders making between half and twice as many loans. Manufactured homes were 4.9% of its loans, against 0.9% for peers, a higher share than at nine in ten of them. Its typical loan, $275,000, was smaller than the peers' $315,000.
Loans rose from 997 to 1,202, up 21%, while similar lenders grew 3% and the whole market 10%. That was its highest count since 2021, though still below the 1,694 of 2020. Purchases made up 68.6% of its lending, refinances 13.6%.
It ranks 9 of 606 lenders in non-metro Michigan and 18 of 333 in Lansing-East Lansing, where its share edged up to 1.1%. In Grand Rapids-Wyoming-Kentwood it ranks 33 of 436. It has lent in Michigan since 2001.
Only 9.4% of its loans went to low- and moderate-income (LMI) borrowers, against 28.2% at peers, among the lowest tenth. Its share in majority-minority neighborhoods was 0.2%. Its largely rural markets and its lack of government-backed loans may account for both.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. GreenStone Farm Credit Services, FLCA took 1,428 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 68.6% · Other 15.6% · Refinance 13.6% · Home improvement 2.2%
Conventional 100.0% · of 1,202 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 | 1,090 | 90.7% |
| Wisconsin | 106 | 8.8% |
| Missouri | 2 | 0.2% |
| Colorado | 1 | 0.1% |
| North Carolina | 1 | 0.1% |
| South Carolina | 1 | 0.1% |
| Virginia | 1 | 0.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Warren-Troy-Farmington Hills | 131 |
| Grand Rapids-Wyoming-Kentwood | 124 |
| Lansing-East Lansing | 71 |
| Traverse City | 48 |
| Jackson | 42 |
| Monroe | 38 |
| Ann Arbor | 37 |
| Flint | 35 |
| Green Bay | 23 |
| Battle Creek | 22 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300461TECLDDGNF98 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 3173727 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7381358859 |
Established 1 July 2000. Reported under HMDA 2001-2025.
Mergers, name changes, data editions and corrections: GreenStone Farm Credit Services, FLCA's data.
GreenStone Farm Credit Services, FLCA's data
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GreenStone Farm Credit Services, FLCA 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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