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The Lender Report built this page from public records. ChoiceOne Bank has not reviewed it. Every lender's page starts this way, and it says nothing about ChoiceOne Bank itself. Each figure shows its source and date. Work at ChoiceOne Bank? You can claim this page for free.
Multifamily record
ChoiceOne Bank: multifamily loans made
ChoiceOne Bank, a bank based in Sparta, MI, made 25 multifamily loans in 2024 and 2025, $30.4M in all, in 1 state. The typical loan was about $360K, and the largest about $9.2M. Most were in Ottawa County, MI.
- Evidence
- Multifamily loans made in 2024 and 2025, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 9, 2026
- Multifamily loans
- 25
- HMDA,
- 2024 and 2025. Manufactured-home parks excluded
- Dollars
- $30.4M
- HMDA,
- Rounded amounts
- Typical loan
- $360K
- HMDA,
- Largest loan
- $9.2M
- HMDA,
- Rounded to 2 significant figures
- States
- 1
- HMDA,
Cite this
Source: The Lender Report, ChoiceOne Bank: multifamily loans made, https://lender.report/lender/choiceone-bank-mi/multifamily/, data as of December 31, 2025.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| 2025 | Ottawa County, MI | Refinance, 50 to 99 units | $9.2M | 6.42% | 5 yr | 53% | HMDA 2025 |
| 2025 | Genesee County, MI | Refinance, 100 to 149 units | $5.5M | 6.75% | 10 yr | HMDA 2025 | |
| 2025 | Genesee County, MI | Refinance, 50 to 99 units | $5M | 6.75% | 10 yr | HMDA 2025 | |
| 2025 | Ingham County, MI | Cash-out refinance, 50 to 99 units | $2.9M | 7% | 5 yr | 58% | HMDA 2025 |
| 2025 | Livingston County, MI | Refinance, 5 to 24 units | $760K | HMDA 2025 | |||
| 2025 | Lapeer County, MI | Cash-out refinance, 5 to 24 units | $620K | 6.75% | 5 yr | 61% | HMDA 2025 |
| 2025 | Muskegon County, MI | Improvement, 5 to 24 units | $480K | 7.6% | 5 yr | 45% | HMDA 2025 |
| 2025 | St. Clair County, MI | Refinance, 5 to 24 units | $300K | 6.5% | 3 yr | 38% | HMDA 2025 |
| 2025 | Muskegon County, MI | Cash-out refinance, 5 to 24 units | $280K | 7.6% | 5 yr | 26% | HMDA 2025 |
| 2025 | Midland County, MI | Purchase, 5 to 24 units | $260K | 6.75% | 5 yr | 56% | HMDA 2025 |
| 2025 | Wayne County, MI | Cash-out refinance, 5 to 24 units | $260K | 6.5% | 5 yr | 69% | HMDA 2025 |
| 2025 | Saginaw County, MI | Refinance, 5 to 24 units | $100K | 6.75% | 5 yr | 30% | HMDA 2025 |
| 2024 | Muskegon County, MI | Refinance, 5 to 24 units | $740K | 1% | 1.3 yr | 12% | HMDA 2024 |
| 2024 | Ottawa County, MI | Purchase, 5 to 24 units | $680K | 7.1% | 3 yr | 74% | HMDA 2024 |
| 2024 | Kent County, MI | Purchase, 5 to 24 units | $600K | 7.5% | 5 yr | 75% | HMDA 2024 |
| 2024 | Ottawa County, MI | Improvement, 5 to 24 units | $560K | 7.75% | 3 yr | 72% | HMDA 2024 |
| 2024 | Kent County, MI | Purchase, 5 to 24 units | $480K | 7.5% | 5 yr | 73% | HMDA 2024 |
| 2024 | Oakland County, MI | Refinance, 5 to 24 units | $360K | HMDA 2024 | |||
| 2024 | Ottawa County, MI | Refinance, 5 to 24 units | $340K | 6.5% | 5 yr | 46% | HMDA 2024 |
| 2024 | Ottawa County, MI | Purchase, 5 to 24 units | $300K | 7.5% | 5 yr | 36% | HMDA 2024 |
| 2024 | Warren-Troy-Farmington Hills, MI | Cash-out refinance, 5 to 24 units | $260K | 7.5% | 5 yr | 66% | HMDA 2024 |
| 2024 | Warren-Troy-Farmington Hills, MI | Purchase, 5 to 24 units | $200K | 7.63% | 5 yr | 75% | HMDA 2024 |
| 2024 | Muskegon County, MI | Purchase, 5 to 24 units | $140K | 8.75% | 5 yr | 24% | HMDA 2024 |
| 2024 | Michigan | Purchase, 5 to 24 units | $95K | 8% | 5 yr | 50% | HMDA 2024 |
| 2024 | Michigan | Improvement, 5 to 24 units | $25K | 8.75% | 5 yr | 37% | HMDA 2024 |
| 25 multifamily loans made in 2024 and 2025 | $30.4M | HMDA 2024 and 2025 | |||||
A blank means the source did not report it.
| Place | As named | Loans | Dollars |
|---|---|---|---|
| Ottawa County, MI | County | 5 | $11.1M |
| Muskegon County, MI | County | 4 | $1.64M |
| Genesee County, MI | County | 2 | $10.5M |
| Kent County, MI | County | 2 | $1.08M |
| Michigan | State | 2 | $120K |
| Warren-Troy-Farmington Hills, MI | Metro area | 2 | $460K |
| Ingham County, MI | County | 1 | $2.90M |
| Lapeer County, MI | County | 1 | $620K |
| Livingston County, MI | County | 1 | $760K |
| Midland County, MI | County | 1 | $260K |
| Oakland County, MI | County | 1 | $360K |
| Saginaw County, MI | County | 1 | $100K |
A county is named only where the public file holds 5 or more multifamily loans there in the year; otherwise the metro area or the state is.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $1M | 21 | $7.84M |
| $1M to $2.5M | 0 | $0 |
| $2.5M to $5M | 1 | $2.90M |
| $5M to $10M | 3 | $19.7M |
| $10M or more | 0 | $0 |
| Year | Loans | Dollars | Typical loan |
|---|---|---|---|
| 2024 | 13 | $4.78M | $340K |
| 2025 | 12 | $25.7M | $620K |
| Purpose | Loans |
|---|---|
| Purchase | 8 |
| Refinance | 9 |
| Cash-out refinance | 5 |
| Improvement | 3 |
| Units | Loans |
|---|---|
| 5 to 24 units | 21 |
| 50 to 99 units | 3 |
| 100 to 149 units | 1 |
- ChoiceOne Bank made 25 multifamily loans totaling $30.4M in 2024 and 2025, in 14 named places across 1 state. HMDA,
- It made 12 of them in 2025 and 13 in 2024. HMDA,
- The typical loan was about $360K, with the middle half between $260K and $680K. HMDA,
- The largest was about $9.2M. Every amount is rounded to 2 significant figures. HMDA,
- 21 loans were under $1M, and 3 were $5M or more. HMDA,
- It reported a median rate of 7.10% on 23 loans, with the middle half between 6.75% and 7.60%. HMDA,
- The median term was 5 years. HMDA,
- The median loan to value was 53%. HMDA,
- 56% of the loans were refinancings and 32% were purchases. HMDA,
- The most common property size was 5 to 24 units, with 21 loans. HMDA,
- Its loans were most often in Ottawa County, MI (5), Muskegon County, MI (4) and Genesee County, MI (2). HMDA,
What we don't know
- Whether ChoiceOne Bank is taking new multifamily loans today.
- Its minimum or maximum loan, its fees and its other terms. HMDA reports the rate, term and loan to value, and this page shows what it reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
Place is a county only where the public file holds 5 or more multifamily loans of that year there, otherwise the metro area or the state. Amounts are rounded to 2 significant figures and HMDA has a year, never a date.
HMDA covers dwelling-secured loans. Manufactured-home parks are left out of every count.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.