Lender profile · HMDA 2023–2025
ChoiceOne Bank mortgage approval rates & lending data
ChoiceOne Bank decided 1,782 mortgage applications and funded 1,419 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
| Florida | 92% | $255K | 12 | 11 |
| Arizona | 100% | $385K | 3 | 3 |
| New Jersey | 0% | — | 1 | 0 |
| North Carolina | 100% | $2.50M | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.