Home›Indiana›Madison County›Home improvement loans
home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Madison County, Indiana

Fat Boy Data analyzed home improvement loan activity in Madison County, Indiana, home to Anderson, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 1,675 applications were decided by 82 lenders between 2023 and 2025.

Madison County at a glance

82Active lenders21 with 20+ decisions
63.2%Market approval rate1,059 of 1,675 decided
$55KTypical loanmedian lender, $10K brackets
95%Borrower take-up1,001 loans funded

How Madison County compares

Approval rate compared
Madison County63.2%Indiana67.0%All 616 counties62.7%
Typical loan compared
Madison County$55KIndiana$55KAll 616 counties$75K

What the data shows

PNC Bank, National Association made the most home improvement loans in Madison County, IN, 175 of them.

Madison County Federal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 87% of 149.

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 21 lenders with 20+ decisions here
0%25%50%75%100%One lender: 18% approved of 28One lender: 23% approved of 48One lender: 29% approved of 24The Huntington National Bank: 44% approved of 158First Merchants Bank: 52% approved of 93One lender: 57% approved of 69One lender: 57% approved of 21One lender: 58% approved of 24One lender: 59% approved of 22One lender: 60% approved of 40One lender: 62% approved of 21One lender: 63% approved of 27One lender: 65% approved of 34PNC Bank, National Association: 65% approved of 273One lender: 65% approved of 23STAR Financial Bank: 69% approved of 260One lender: 69% approved of 26One lender: 76% approved of 34One lender: 82% approved of 40One lender: 83% approved of 29Madison County Federal Credit Union: 87% approved of 149

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 Madison County

LenderApprovalApprovedTaken upTypical loanLoans made
1PNC Bank, National Association65%178 / 27398%$55K175
2STAR Financial Bank69%180 / 26085%$45K153
3The Huntington National Bank44%69 / 15894%$55K65
4Madison County Federal Credit Union87%129 / 149100%$45K129
5First Merchants Bank52%48 / 93100%$65K48

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 77 more lenders.

One email unlocks every lender Fat Boy found.

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

  • 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

We email you the unlock link plus occasional updates on this market. We may also share your interest with mortgage providers so they can contact you.See how we use your data. Unsubscribe any time.

Also active in Madison County

Other lending data for Madison County

Nearby markets