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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Chesapeake city, Virginia

Fat Boy Data analyzed home improvement loan activity in Chesapeake city, Virginia to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 3,252 applications were decided by 87 lenders between 2023 and 2025.

Chesapeake city at a glance

87Active lenders19 with 20+ decisions
66.8%Market approval rate2,172 of 3,252 decided
$65KTypical loanmedian lender, $10K brackets
94%Borrower take-up2,039 loans funded

How Chesapeake city compares

Approval rate compared
Chesapeake city66.8%Virginia65.0%All 616 counties62.7%
Typical loan compared
Chesapeake city$65KVirginia$85KAll 616 counties$75K

What the data shows

Navy Federal Credit Union made the most home improvement loans in Chesapeake city, VA, 682 of them.

That is 33% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

Newport News Shipbuilding Employees Credit Union, Inc. Dba Bayport Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 83% of 297.

The typical home improvement loan here is $65K, 24% smaller than the Virginia typical of $85K.

Only 1 lender here typically writes at or below $35K: Manufacturers and Traders Trust Company.

Approval rate of all 19 lenders with 20+ decisions here
0%25%50%75%100%Manufacturers and Traders Trust Company: 23% approved of 30Discover Bank: 37% approved of 62Bank of America, National Association: 38% approved of 211Spring Eq, LLC: 43% approved of 65Dollar Bank, Federal Savings Bank: 46% approved of 79PNC Bank, National Association: 48% approved of 73U.S. Bank National Association: 52% approved of 31Citizens Bank, National Association: 52% approved of 25Truist Bank: 52% approved of 149Atlantic Union Bank: 60% approved of 501St Advantage Federal Credit Union: 69% approved of 26Navy Federal Credit Union: 70% approved of 1,002ABNB Federal Credit Union: 71% approved of 195Chartway Federal Credit Union: 74% approved of 239Langley Federal Credit Union: 79% approved of 242TowneBank: 80% approved of 88Figure Lending LLC: 82% approved of 55Newport News Shipbuilding Employees Credit Union, Inc. Dba Bayport Credit Union: 83% approved of 297Coastal Community Bank: 96% approved of 51

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

Home improvement loan lenders in Chesapeake city

LenderApprovalApprovedTaken upTypical loanLoans made
1Navy Federal Credit Union70%704 / 1,00297%$65K682
2Newport News Shipbuilding Employees Credit Union, Inc. Dba Bayport Credit Union83%246 / 29794%$75K231
3Langley Federal Credit Union79%191 / 242100%$65K191
4Chartway Federal Credit Union74%176 / 23993%$75K164
5Bank of America, National Association38%81 / 21196%$95K78

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 82 more lenders.

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