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investment property improvement lenders · HMDA 2023–2025

Investment property improvement lenders in Michigan

Fat Boy Data analyzed investment home improvement loan activity in Michigan to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 3,277 applications were decided by 193 lenders between 2023 and 2025.

Michigan at a glance

193Active lenders33 with 20+ decisions
46.4%Market approval rate1,520 of 3,277 decided
$75KTypical loanmedian lender, $10K brackets
91%Borrower take-up1,376 loans funded

How Michigan compares

Approval rate compared
Michigan46.4%All 616 counties51.2%
Typical loan compared
Michigan$75KAll 616 counties$115K

What the data shows

Adventure Credit Union made the most investment home improvement loans in Michigan, 242 of them.

Adventure Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 100% of 243.

The typical investment home improvement loan here is $75K, 35% smaller than the the United States typical of $115K.

Only 1 lender here typically writes at or below $35K: Dfcu Financial.

Approval rate of all 33 lenders with 20+ decisions here
0%25%50%75%100%One lender: 11% approved of 38One lender: 11% approved of 122Fifth Third Bank, National Association: 16% approved of 237One lender: 17% approved of 111One lender: 17% approved of 46One lender: 17% approved of 23One lender: 17% approved of 63Navy Federal Credit Union: 18% approved of 146One lender: 19% approved of 63One lender: 20% approved of 45One lender: 21% approved of 33One lender: 26% approved of 42The Huntington National Bank: 28% approved of 391One lender: 31% approved of 108One lender: 35% approved of 20One lender: 36% approved of 25One lender: 41% approved of 29One lender: 43% approved of 35One lender: 47% approved of 32One lender: 52% approved of 48One lender: 57% approved of 127One lender: 58% approved of 103One lender: 59% approved of 91One lender: 62% approved of 94One lender: 63% approved of 54One lender: 64% approved of 39One lender: 64% approved of 28Figure Lending LLC: 67% approved of 159One lender: 82% approved of 45One lender: 83% approved of 30One lender: 92% approved of 24One lender: 96% approved of 24Adventure Credit Union: 100% approved of 243

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.

Investment property improvement lenders in Michigan

LenderApprovalApprovedTaken upTypical loanLoans made
1The Huntington National Bank28%111 / 39196%$85K106
2Adventure Credit Union100%243 / 243100%$55K242
3Fifth Third Bank, National Association16%38 / 23797%$85K37
4Figure Lending LLC67%107 / 15961%$55K65
5Navy Federal Credit Union18%26 / 146100%$45K26

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 188 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment home improvement loan lenders in Michigan. 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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Counties in Michigan