Investment property improvement lenders in Dakota County, Minnesota
Fat Boy Data analyzed investment home improvement loan activity in Dakota County, Minnesota, home to Lakeville, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 100 applications were decided by 34 lenders between 2023 and 2025.
Dakota County at a glance
How Dakota County compares
What the data shows
Trustone Financial Credit Union made the most investment home improvement loans in Dakota County, MN, 11 of them.
Trustone Financial Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 52% of 21.
Lenders approved 52.0% of investment home improvement loan applications in Dakota County, MN, 5.4 percentage points below the Minnesota rate of 57.4%.
The typical investment home improvement loan here is $105K, 24% larger than the Minnesota typical of $85K.
No lender with a meaningful sample here has a typical investment home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.
Investment property improvement lenders in Dakota County
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | Trustone Financial Credit Union | 52% | 11 / 21 | 100% | $105K | 11 |
| 2 | U.S. Bank National AssociationLimited sample | 7% | 1 / 14 | 100% | $105K | 1 |
| 3 | Wings Financial Credit UnionLimited sample | 70% | 7 / 10 | 71% | $105K | 5 |
| 4 | Royal Credit UnionLimited sample | 100% | 9 / 9 | 100% | $105K | 9 |
| 5 | Spring Eq, LLCLimited sample | 25% | 1 / 4 | 100% | $25K | 1 |
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 29 more lenders.
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You are seeing the 5 largest investment home improvement loan lenders in Dakota 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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