home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Southeastern Connecticut Planning Region, Connecticut

Fat Boy Data analyzed home improvement loan activity in Southeastern Connecticut Planning Region, Connecticut to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 2,149 applications were decided by 84 lenders between 2023 and 2025.

Southeastern Connecticut Planning Region at a glance

84Active lenders17 with 20+ decisions
71.6%Market approval rate1,539 of 2,149 decided
$65KTypical loanmedian lender, $10K brackets
96%Borrower take-up1,481 loans funded

How Southeastern Connecticut Planning Region compares

Approval rate compared
Southeastern Connecticut Planning Region71.6%Connecticut65.9%All 616 counties62.7%
Typical loan compared
Southeastern Connecticut Planning Region$65KConnecticut$105KAll 616 counties$75K

What the data shows

Charter Oak Federal Credit Union made the most home improvement loans in Southeastern Connecticut Planning Region, CT, 325 of them.

Connecticut State Employees approved the highest share of applications among lenders with at least 20 decisions here, 89% of 36.

Lenders approved 71.6% of home improvement loan applications in Southeastern Connecticut Planning Region, CT, 5.7 percentage points above the Connecticut rate of 65.9%.

The typical home improvement loan here is $65K, 38% smaller than the Connecticut typical of $105K.

Only 2 lenders here typically write at or below $35K: CorePlus Federal Credit Union, Dime Bank.

Approval rate of all 17 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 29% approved of 49Bank of America, National Association: 35% approved of 117Spring Eq, LLC: 44% approved of 43CorePlus Federal Credit Union: 45% approved of 44Manufacturers and Traders Trust Company: 56% approved of 149Berkshire Bank: 60% approved of 35The Washington Trust Company, of Westerly: 64% approved of 25Citizens Bank, National Association: 65% approved of 312Figure Lending LLC: 74% approved of 47Westerly Community: 76% approved of 29Navy Federal Credit Union: 77% approved of 190Dime Bank: 79% approved of 42American Eagle Financial: 84% approved of 31Liberty Bank: 84% approved of 223Charter Oak Federal Credit Union: 85% approved of 387Chelsea Groton Bank: 87% approved of 113Connecticut State Employees: 89% approved of 36

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

Home improvement loan lenders in Southeastern Connecticut Planning Region

LenderApprovalApprovedTaken upTypical loanLoans made
1Charter Oak Federal Credit Union85%329 / 38799%$65K325
2Citizens Bank, National Association65%204 / 31297%$115K197
3Liberty Bank84%188 / 22397%$85K182
4Navy Federal Credit Union77%147 / 19099%$65K145
5Manufacturers and Traders Trust Company56%84 / 14995%$105K80

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 79 more lenders.

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You are seeing the 5 largest home improvement loan lenders in Southeastern Connecticut Planning Region. 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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