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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Forsyth County, North Carolina

Fat Boy Data analyzed home improvement loan activity in Forsyth County, North Carolina, home to Winston-Salem, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 4,636 applications were decided by 100 lenders between 2023 and 2025.

Forsyth County at a glance

100Active lenders22 with 20+ decisions
61.6%Market approval rate2,854 of 4,636 decided
$55KTypical loanmedian lender, $10K brackets
94%Borrower take-up2,686 loans funded

How Forsyth County compares

Approval rate compared
Forsyth County61.6%North Carolina64.0%All 616 counties62.7%
Typical loan compared
Forsyth County$55KNorth Carolina$85KAll 616 counties$75K

What the data shows

State Employees' made the most home improvement loans in Forsyth County, NC, 612 of them.

Summit Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 97% of 69.

The typical home improvement loan here is $55K, 35% smaller than the North Carolina typical of $85K.

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 22 lenders with 20+ decisions here
0%25%50%75%100%One lender: 28% approved of 106One lender: 33% approved of 55One lender: 33% approved of 27Truist Bank: 44% approved of 251Bank of America, National Association: 45% approved of 283Truliant Federal Credit Union: 50% approved of 1,006One lender: 52% approved of 167One lender: 54% approved of 24One lender: 62% approved of 21One lender: 63% approved of 91One lender: 64% approved of 69One lender: 64% approved of 90One lender: 65% approved of 102One lender: 68% approved of 34One lender: 68% approved of 59State Employees': 69% approved of 887One lender: 72% approved of 69One lender: 77% approved of 30One lender: 77% approved of 144Allegacy Federal Credit Union: 77% approved of 632One lender: 97% approved of 69One lender: 100% approved of 80

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.

Home improvement loan lenders in Forsyth County

LenderApprovalApprovedTaken upTypical loanLoans made
1Truliant Federal Credit Union50%503 / 1,00694%$55K473
2State Employees'69%615 / 887100%$55K612
3Allegacy Federal Credit Union77%489 / 63298%$85K481
4Bank of America, National Association45%126 / 28398%$85K124
5Truist Bank44%110 / 25195%$75K104

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 95 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest home improvement loan lenders in Forsyth 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.

  • 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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