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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Monroe County, Indiana

Fat Boy Data analyzed home improvement loan activity in Monroe 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. 930 applications were decided by 76 lenders between 2023 and 2025.

Monroe County at a glance

76Active lenders10 with 20+ decisions
73.0%Market approval rate679 of 930 decided
$65KTypical loanmedian lender, $10K brackets
96%Borrower take-up655 loans funded

How Monroe County compares

Approval rate compared
Monroe County73.0%Indiana67.0%All 616 counties62.7%
Typical loan compared
Monroe County$65KIndiana$55KAll 616 counties$75K

What the data shows

Indiana University Credit Union made the most home improvement loans in Monroe County, IN, 199 of them.

That is 30% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

Indiana University Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 93% of 218.

Lenders approved 73.0% of home improvement loan applications in Monroe County, IN, 6.0 percentage points above the Indiana rate of 67.0%.

The typical home improvement loan here is $65K, 18% larger than the Indiana typical of $55K.

Only 1 lender here typically writes at or below $35K: Regions Bank.

Approval rate of all 10 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 16% approved of 25Regions Bank: 52% approved of 48Figure Lending LLC: 58% approved of 24Fifth Third Bank, National Association: 64% approved of 102Hoosier Hills Credit Union: 71% approved of 31Old National Bank: 71% approved of 107Indiana Members Credit Union: 74% approved of 27First Financial Bank: 79% approved of 24German American Bank: 82% approved of 73Indiana University Credit Union: 93% approved of 218

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

Home improvement loan lenders in Monroe County

LenderApprovalApprovedTaken upTypical loanLoans made
1Indiana University Credit Union93%202 / 21899%$65K199
2Old National Bank71%76 / 107100%$75K76
3Fifth Third Bank, National Association64%65 / 10295%$105K62
4German American Bank82%60 / 7398%$75K59
5Regions Bank52%25 / 48100%$25K25

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 71 more lenders.

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