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investment property improvement lenders · HMDA 2023–2025

Investment property improvement lenders in Alabama

Fat Boy Data analyzed investment home improvement loan activity in Alabama to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 2,004 applications were decided by 161 lenders between 2023 and 2025.

Alabama at a glance

161Active lenders20 with 20+ decisions
55.5%Market approval rate1,113 of 2,004 decided
$85KTypical loanmedian lender, $10K brackets
90%Borrower take-up1,001 loans funded

How Alabama compares

Approval rate compared
Alabama55.5%All 616 counties51.2%
Typical loan compared
Alabama$85KAll 616 counties$115K

What the data shows

Redstone Federal Credit Union made the most investment home improvement loans in Alabama, 173 of them.

Community Bank of Mississippi approved the highest share of applications among lenders with at least 20 decisions here, 95% of 56.

The typical investment home improvement loan here is $85K, 26% smaller than the the United States typical of $115K.

No lender with a meaningful sample here has a typical investment home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.

Approval rate of all 20 lenders with 20+ decisions here
0%25%50%75%100%One lender: 5% approved of 38One lender: 12% approved of 32One lender: 13% approved of 23Regions Bank: 16% approved of 260One lender: 18% approved of 28One lender: 25% approved of 28PNC Bank, National Association: 27% approved of 96Navy Federal Credit Union: 33% approved of 138Deephaven Mortgage LLC: 47% approved of 74One lender: 48% approved of 23One lender: 66% approved of 56One lender: 67% approved of 63Redstone Federal Credit Union: 68% approved of 314One lender: 80% approved of 35One lender: 80% approved of 30One lender: 88% approved of 48One lender: 91% approved of 22One lender: 91% approved of 34One lender: 93% approved of 56One lender: 95% approved of 56

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Investment property improvement lenders in Alabama

LenderApprovalApprovedTaken upTypical loanLoans made
1Redstone Federal Credit Union68%212 / 31482%$55K173
2Regions Bank16%41 / 26071%$55K29
3Navy Federal Credit Union33%45 / 13891%$65K41
4PNC Bank, National Association27%26 / 9696%$95K25
5Deephaven Mortgage LLC47%35 / 74100%$115K35

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 156 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment home improvement loan lenders in Alabama. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

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