Investment property improvement lenders in Monterey County, California
Fat Boy Data analyzed investment home improvement loan activity in Monterey County, California, home to Salinas, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 183 applications were decided by 52 lenders between 2023 and 2025.
Monterey County at a glance
How Monterey County compares
What the data shows
Fremont Bank made the most investment home improvement loans in Monterey County, CA, 8 of them.
Bank of America, National Association approved the highest share of applications among lenders with at least 20 decisions here, 4% of 27.
Lenders approved 46.5% of investment home improvement loan applications in Monterey County, CA, 6.0 percentage points below the California rate of 52.5%.
The typical investment home improvement loan here is $205K, 52% larger than the California typical of $135K.
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.
Investment property improvement lenders in Monterey County
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | Bank of America, National Association | 4% | 1 / 27 | 100% | $505K | 1 |
| 2 | U.S. Bank National AssociationLimited sample | 5% | 1 / 19 | 100% | $165K | 1 |
| 3 | Fremont BankLimited sample | 62% | 8 / 13 | 100% | $405K | 8 |
| 4 | Figure Lending LLCLimited sample | 77% | 10 / 13 | 60% | $105K | 6 |
| 5 | The Golden 1Limited sample | 44% | 4 / 9 | 100% | $425K | 4 |
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 47 more lenders.
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You are seeing the 5 largest investment home improvement loan lenders in Monterey County. 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.
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