What loan types does ChoiceOne Bank offer?

ChoiceOne Bank offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does ChoiceOne Bank offer mortgages?

ChoiceOne Bank offers mortgages in 3 states: FL, MI, TN.

How competitive are ChoiceOne Bank's mortgage rates?

ChoiceOne Bank has an overall pricing score of 59.4/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is ChoiceOne Bank?

ChoiceOne Bank is a Bank headquartered in Sparta, MI.

Unclaimed

ChoiceOne Bank

Bank•Sparta, MIHQ•Direct•Reviews near you on Google

ChoiceOne Bank has 354 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Sound

3/5

closing strength

Product

Strong

4/5

Conventional

Place

Strong

4/5

Regional · 4 mkts

Awards

Conventional

Superstar

Refinance

Superstar

Explore another lender or local market

Report Card

ChoiceOne Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+17.4 bps above market avg

Pull Through

Closing strength

Sound

Top 60% of lenders

By Loan Product· Specialization by type

Conventional

Strong

Top 40% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Sound

Top 60% of lenders

Refinance

Strong

Top 40% of lenders

By Location· Geographic coverage

Geographic Reach

Regional · 5 markets

Strong

Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Strong	Strong	Strong	Sound	348	98.3%	+0.172%Above	$994Fees

Conventional

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Sound

Volume348

Mix98.3%

Spread

+0.172%Above

Fees

$994Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Sound	Sound	259	73.2%	+0.307%Above	$1,000Fees
Refinance	Strong	Strong	Strong	Sound	95	26.8%	-0.210%Below	$1,058Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Sound

Pull Through

Sound

Volume259

Mix73.2%

Spread

+0.307%Above

Fees

$1,000Fees

Refinance

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Sound

Volume95

Mix26.8%

Spread

-0.210%Below

Fees

$1,058Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

354

Applications

512

Volume

$90 million

Pricing & Closing

Avg Rate Spread

+0.174%

vs. market APOR

Avg Net Fees

$1,015

Origination − Credits

Pullthrough Rate

69.1%

Applications → Closed

Typical Borrower

Avg Loan Amount

$256,017

Avg Borrower Income

$143,294

Avg Property Value

$366,638

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Midwest1

South2

FLTN

Top Metro Areas by Place Specialization Score

Muskegon, MIMetro

Volume 49Mix 13.84% of portfolio

73/100

Strong

Grand Rapids, MIMetro

Volume 114Mix 32.20% of portfolio

71/100

Strong

Warren, MIMetro

Volume 95Mix 26.84% of portfolio

69/100

Strong

Flint, MIMetro

Volume 11Mix 3.11% of portfolio

45/100

Sound

Top States by Place Specialization Score

MichiganState

Volume 352Mix 99.44% of portfolio

79/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

Are you the owner of ChoiceOne Bank?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.