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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Colorado

Fat Boy Data analyzed home improvement loan activity in Colorado to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 52,794 applications were decided by 312 lenders between 2023 and 2025.

Colorado at a glance

312Active lenders86 with 20+ decisions
69.9%Market approval rate36,914 of 52,794 decided
$85KTypical loanmedian lender, $10K brackets
92%Borrower take-up33,925 loans funded

How Colorado compares

Approval rate compared
Colorado69.9%All 616 counties62.7%
Typical loan compared
Colorado$85KAll 616 counties$75K

What the data shows

Wings Credit Union made the most home improvement loans in Colorado, 6,711 of them.

First Technology Federal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 94% of 141.

Lenders approved 69.9% of home improvement loan applications in Colorado, 7.2 percentage points above the the United States rate of 62.7%.

The typical home improvement loan here is $85K, 13% larger than the the United States typical of $75K.

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

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%One lender: 35% approved of 1,228One lender: 44% approved of 1,688One lender: 45% approved of 1,749One lender: 51% approved of 1,096One lender: 52% approved of 102U.S. Bank National Association: 52% approved of 3,215One lender: 52% approved of 409One lender: 53% approved of 133One lender: 53% approved of 316One lender: 55% approved of 64One lender: 55% approved of 666One lender: 57% approved of 325One lender: 60% approved of 55One lender: 60% approved of 200One lender: 61% approved of 404One lender: 63% approved of 427One lender: 63% approved of 57One lender: 63% approved of 87Bellco: 64% approved of 5,794One lender: 65% approved of 124One lender: 66% approved of 483One lender: 66% approved of 855One lender: 66% approved of 68One lender: 68% approved of 1,526One lender: 68% approved of 279One lender: 69% approved of 1,350One lender: 70% approved of 69One lender: 70% approved of 651One lender: 70% approved of 505One lender: 71% approved of 519One lender: 72% approved of 1,342One lender: 73% approved of 62One lender: 74% approved of 185One lender: 74% approved of 76One lender: 74% approved of 73One lender: 76% approved of 170One lender: 76% approved of 1,192One lender: 77% approved of 360One lender: 77% approved of 1,210FirstBank: 77% approved of 2,520Wings Credit Union: 78% approved of 9,980One lender: 78% approved of 83One lender: 79% approved of 512One lender: 79% approved of 269One lender: 79% approved of 131One lender: 80% approved of 137One lender: 81% approved of 128One lender: 82% approved of 503One lender: 84% approved of 258One lender: 85% approved of 257One lender: 85% approved of 1,083One lender: 86% approved of 961One lender: 86% approved of 126One lender: 86% approved of 268One lender: 87% approved of 70Canvas Credit Union: 89% approved of 3,217One lender: 90% approved of 68One lender: 91% approved of 142One lender: 94% approved of 141One lender: 97% approved of 1,014

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.

Home improvement loan lenders in Colorado

LenderApprovalApprovedTaken upTypical loanLoans made
1Wings Credit Union78%7,767 / 9,98086%$75K6,711
2Bellco64%3,727 / 5,79496%$95K3,571
3Canvas Credit Union89%2,863 / 3,21796%$75K2,757
4U.S. Bank National Association52%1,671 / 3,21596%$105K1,605
5FirstBank77%1,946 / 2,52096%$75K1,864

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 307 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest home improvement loan lenders in Colorado. 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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