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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Allegan County, Michigan

Fat Boy Data analyzed home improvement loan activity in Allegan County, Michigan, home to Holland, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 1,864 applications were decided by 84 lenders between 2023 and 2025.

Allegan County at a glance

84Active lenders14 with 20+ decisions
70.9%Market approval rate1,321 of 1,864 decided
$55KTypical loanmedian lender, $10K brackets
95%Borrower take-up1,251 loans funded

How Allegan County compares

Approval rate compared
Allegan County70.9%Michigan67.0%All 616 counties62.7%
Typical loan compared
Allegan County$55KMichigan$55KAll 616 counties$75K

What the data shows

Lake Michigan Credit Union made the most home improvement loans in Allegan County, MI, 312 of them.

Arbor Financial Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 96% of 26.

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 14 lenders with 20+ decisions here
0%25%50%75%100%One lender: 28% approved of 29The Huntington National Bank: 58% approved of 430One lender: 58% approved of 69One lender: 64% approved of 70Honor Credit Union: 65% approved of 95Advia Credit Union: 65% approved of 113One lender: 67% approved of 24One lender: 70% approved of 47Fifth Third Bank, National Association: 77% approved of 134One lender: 78% approved of 23One lender: 84% approved of 25Lake Michigan Credit Union: 85% approved of 391One lender: 86% approved of 49One lender: 96% approved of 26

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 Allegan County

LenderApprovalApprovedTaken upTypical loanLoans made
1The Huntington National Bank58%249 / 43095%$95K236
2Lake Michigan Credit Union85%333 / 39194%$55K312
3Fifth Third Bank, National Association77%103 / 13497%$75K100
4Advia Credit Union65%74 / 11399%$55K73
5Honor Credit Union65%62 / 9595%$45K59

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 79 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest home improvement loan lenders in Allegan 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

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