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 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%Discover Bank: 24% approved of 45Spring Eq, LLC: 38% approved of 24Bank of America, National Association: 49% approved of 105Nutmeg State Financial: 58% approved of 48Connex Credit Union: 60% approved of 57Manufacturers and Traders Trust Company: 60% approved of 65TD Bank, National Association: 62% approved of 37Figure Lending LLC: 69% approved of 36Citizens Bank, National Association: 71% approved of 220Navy Federal Credit Union: 74% approved of 34Connecticut State Employees: 77% approved of 30American Eagle Financial: 78% approved of 88Webster Bank, National Association: 79% approved of 57Liberty Bank: 87% approved of 447Ellafi Federal Credit Union: 90% approved of 48Ascend Bank: 90% approved of 30Essex Savings Bank: 91% approved of 32Dutch Point Credit Union, Inc.: 91% approved of 23Charter Oak Federal Credit Union: 93% approved of 28

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

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 the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 90 more lenders.

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You are seeing the 5 largest home improvement loan lenders in Lower Connecticut River Valley Planning Region. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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