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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Elkhart County, Indiana

Fat Boy Data analyzed home improvement loan activity in Elkhart County, Indiana to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 2,217 applications were decided by 73 lenders between 2023 and 2025.

Elkhart County at a glance

73Active lenders21 with 20+ decisions
71.2%Market approval rate1,578 of 2,217 decided
$55KTypical loanmedian lender, $10K brackets
94%Borrower take-up1,489 loans funded

How Elkhart County compares

Approval rate compared
Elkhart County71.2%Indiana67.0%All 616 counties62.7%
Typical loan compared
Elkhart County$55KIndiana$55KAll 616 counties$75K

What the data shows

Interra Credit Union made the most home improvement loans in Elkhart County, IN, 468 of them.

That is 31% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

First Federal Savings Bank approved the highest share of applications among lenders with at least 20 decisions here, 94% of 108.

Only 1 lender here typically writes at or below $35K: United Federal Credit Union.

Approval rate of all 21 lenders with 20+ decisions here
0%25%50%75%100%U.S. Bank National Association: 14% approved of 29The Huntington National Bank: 38% approved of 32Spring Eq, LLC: 38% approved of 26KeyBank National Association: 39% approved of 36Discover Bank: 40% approved of 45PNC Bank, National Association: 59% approved of 49United Federal Credit Union: 59% approved of 32Fifth Third Bank, National Association: 63% approved of 59Old National Bank: 65% approved of 311st Source Bank: 65% approved of 203Northwest Bank: 67% approved of 30Horizon Bank: 70% approved of 87Centier Bank: 73% approved of 95Interra Credit Union: 76% approved of 644Figure Lending LLC: 79% approved of 38Inova: 80% approved of 168Everwise Credit Union: 82% approved of 191Notre Dame Federal Credit Union Corporation: 87% approved of 69Farmers State Bank: 88% approved of 25First Federal Savings Bank: 94% approved of 108Coastal Community Bank: 100% approved of 23

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

Home improvement loan lenders in Elkhart County

LenderApprovalApprovedTaken upTypical loanLoans made
1Interra Credit Union76%488 / 64496%$55K468
21st Source Bank65%132 / 20391%$45K120
3Everwise Credit Union82%156 / 19199%$55K155
4Inova80%134 / 16897%$55K130
5First Federal Savings Bank94%101 / 108100%$55K101

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 68 more lenders.

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You are seeing the 5 largest home improvement loan lenders in Elkhart 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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