home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Lower Connecticut River Valley Planning Region, Connecticut

Fat Boy Data analyzed home improvement loan activity in Lower Connecticut River Valley Planning Region, Connecticut, home to Middletown, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 1,703 applications were decided by 95 lenders between 2023 and 2025.

Lower Connecticut River Valley Planning Region at a glance

95Active lenders19 with 20+ decisions
74.2%Market approval rate1,263 of 1,703 decided
$105KTypical loanmedian lender, $10K brackets
96%Borrower take-up1,210 loans funded

How Lower Connecticut River Valley Planning Region compares

Approval rate compared
Lower Connecticut River Valley Planning Region74.2%Connecticut65.9%All 616 counties62.7%
Typical loan compared
Lower Connecticut River Valley Planning Region$105KConnecticut$105KAll 616 counties$75K

What the data shows

Liberty Bank made the most home improvement loans in Lower Connecticut River Valley Planning Region, CT, 379 of them.

That is 31% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

Charter Oak Federal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 93% of 28.

Lenders approved 74.2% of home improvement loan applications in Lower Connecticut River Valley Planning Region, CT, 8.3 percentage points above the Connecticut rate of 65.9%.

Only 1 lender here typically writes at or below $35K: Essex Savings Bank.

Approval rate of all 19 lenders with 20+ decisions here
0%25%50%75%100%One lender: 24% approved of 45One lender: 38% approved of 24Bank of America, National Association: 49% approved of 105One lender: 58% approved of 48One lender: 60% approved of 57Manufacturers and Traders Trust Company: 60% approved of 65One lender: 62% approved of 37One lender: 69% approved of 36Citizens Bank, National Association: 71% approved of 220One lender: 74% approved of 34One lender: 77% approved of 30American Eagle Financial: 78% approved of 88One lender: 79% approved of 57Liberty Bank: 87% approved of 447One lender: 90% approved of 48One lender: 90% approved of 30One lender: 91% approved of 32One lender: 91% approved of 23One lender: 93% approved of 28

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 Lower Connecticut River Valley Planning Region

LenderApprovalApprovedTaken upTypical loanLoans made
1Liberty Bank87%387 / 44798%$105K379
2Citizens Bank, National Association71%156 / 22094%$135K147
3Bank of America, National Association49%51 / 10598%$105K50
4American Eagle Financial78%69 / 88100%$75K69
5Manufacturers and Traders Trust Company60%39 / 6595%$85K37

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 90 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest home improvement loan lenders in Lower Connecticut River Valley Planning Region. 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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