Investment property improvement lenders in Wayne County, Michigan
Fat Boy Data analyzed investment home improvement loan activity in Wayne County, Michigan, home to Detroit, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 1,030 applications were decided by 91 lenders between 2023 and 2025.
Wayne County at a glance
How Wayne County compares
What the data shows
Figure Lending LLC made the most investment home improvement loans in Wayne County, MI, 28 of them.
Rocket Mortgage, LLC approved the highest share of applications among lenders with at least 20 decisions here, 52% of 42.
Lenders approved 31.6% of investment home improvement loan applications in Wayne County, MI, 14.8 percentage points below the Michigan rate of 46.4%.
The typical investment home improvement loan here is $85K, 13% larger than the Michigan typical of $75K.
Only 1 lender here typically writes at or below $35K: Navy Federal Credit Union.
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 Wayne County
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 27% | 27 / 101 | 93% | $85K | 25 |
| 2 | Navy Federal Credit Union | 11% | 10 / 90 | 100% | $35K | 10 |
| 3 | Figure Lending LLC | 66% | 51 / 77 | 55% | $55K | 28 |
| 4 | Fifth Third Bank, National Association | 3% | 2 / 62 | 100% | $55K | 2 |
| 5 | Citizens Bank, National Association | 5% | 3 / 56 | 100% | $55K | 3 |
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 86 more lenders.
One email unlocks every lender Fat Boy found.
You are seeing the 5 largest investment home improvement loan lenders in Wayne 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.
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- 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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