Investment property improvement lenders in Olmsted County, Minnesota
Fat Boy Data analyzed investment home improvement loan activity in Olmsted County, Minnesota, home to Rochester, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 41 applications were decided by 26 lenders between 2023 and 2025.
Olmsted County at a glance
How Olmsted County compares
What the data shows
Frandsen Bank & Trust made the most investment home improvement loans in Olmsted County, MN, 4 of them.
Lenders approved 63.4% of investment home improvement loan applications in Olmsted County, MN, 6.0 percentage points above the Minnesota rate of 57.4%.
The typical investment home improvement loan here is $75K, 12% smaller than the Minnesota typical of $85K.
Investment property improvement lenders in Olmsted County
| Lender | Approval | Approved | Taken up | Typical loan | Loans made | |
|---|---|---|---|---|---|---|
| 1 | Alerus Financial, National AssociationLimited sample | 50% | 2 / 4 | 50% | $85K | 1 |
| 2 | Frandsen Bank & TrustLimited sample | 100% | 4 / 4 | 100% | $85K | 4 |
| 3 | Peoples State Bank of PlainviewLimited sample | 100% | 4 / 4 | 100% | $45K | 4 |
| 4 | Affinity PlusLimited sample | 100% | 3 / 3 | 100% | $55K | 3 |
| 5 | Think Mutual BankLimited sample | 100% | 2 / 2 | 100% | $25K | 2 |
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 21 more lenders.
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You are seeing the 5 largest investment home improvement loan lenders in Olmsted 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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