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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Monroe County, Michigan

Fat Boy Data analyzed home improvement loan activity in Monroe County, 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. 2,019 applications were decided by 89 lenders between 2023 and 2025.

Monroe County at a glance

89Active lenders15 with 20+ decisions
69.7%Market approval rate1,408 of 2,019 decided
$55KTypical loanmedian lender, $10K brackets
96%Borrower take-up1,345 loans funded

How Monroe County compares

Approval rate compared
Monroe County69.7%Michigan67.0%All 616 counties62.7%
Typical loan compared
Monroe County$55KMichigan$55KAll 616 counties$75K

What the data shows

Monroe Community Credit Union made the most home improvement loans in Monroe County, MI, 334 of them.

Monroe Community Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 93% of 359.

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 15 lenders with 20+ decisions here
0%25%50%75%100%Spring Eq, LLC: 22% approved of 23Discover Bank: 35% approved of 40Bank of America, National Association: 38% approved of 45The Huntington National Bank: 56% approved of 430Advia Credit Union: 59% approved of 22PNC Bank, National Association: 64% approved of 88Citizens Bank, National Association: 66% approved of 85First Merchants Bank: 67% approved of 108Union Home Mortgage Corp.: 67% approved of 21Fifth Third Bank, National Association: 67% approved of 203KeyBank National Association: 69% approved of 26Figure Lending LLC: 75% approved of 28Directions Credit Union, Inc.: 79% approved of 121Dfcu Financial: 92% approved of 36Monroe Community Credit Union: 93% approved of 359

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

Home improvement loan lenders in Monroe County

LenderApprovalApprovedTaken upTypical loanLoans made
1The Huntington National Bank56%240 / 43095%$75K228
2Monroe Community Credit Union93%335 / 359100%$45K334
3Fifth Third Bank, National Association67%137 / 20397%$85K133
4Directions Credit Union, Inc.79%96 / 121100%$55K96
5First Merchants Bank67%72 / 10896%$55K69

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 84 more lenders.

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You are seeing the 5 largest home improvement loan lenders in Monroe County. 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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  • Typical loan and full range
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