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investment property improvement lenders · HMDA 2023–2025

Investment property improvement lenders in Spokane County, Washington

Fat Boy Data analyzed investment home improvement loan activity in Spokane County, Washington to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 320 applications were decided by 47 lenders between 2023 and 2025.

Spokane County at a glance

47Active lenders5 with 20+ decisions
49.4%Market approval rate158 of 320 decided
$105KTypical loanmedian lender, $10K brackets
94%Borrower take-up149 loans funded

How Spokane County compares

Approval rate compared
Spokane County49.4%Washington54.5%All 616 counties51.2%
Typical loan compared
Spokane County$105KWashington$105KAll 616 counties$115K

What the data shows

Boeing Employees Credit Union made the most investment home improvement loans in Spokane County, WA, 38 of them.

That is 26% of every investment home improvement loan originated here, so this market is unusually concentrated in one lender.

Boeing Employees Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 67% of 58.

Lenders approved 49.4% of investment home improvement loan applications in Spokane County, WA, 5.1 percentage points below the Washington rate of 54.5%.

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.

Approval rate of all 5 lenders with 20+ decisions here
0%25%50%75%100%Spokane Teachers: 34% approved of 47Numerica Credit Union: 38% approved of 32Washington Trust Bank: 42% approved of 24Idaho Central Credit Union: 62% approved of 32Boeing Employees Credit Union: 67% approved of 58

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

Investment property improvement lenders in Spokane County

LenderApprovalApprovedTaken upTypical loanLoans made
1Boeing Employees Credit Union67%39 / 5897%$105K38
2Spokane Teachers34%16 / 47100%$95K16
3Numerica Credit Union38%12 / 32100%$105K12
4Idaho Central Credit Union62%20 / 3285%$185K17
5Washington Trust Bank42%10 / 24100%$145K10

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 42 more lenders.

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You are seeing the 5 largest investment home improvement loan lenders in Spokane County. 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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