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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Cumberland County, Maine

Fat Boy Data analyzed home improvement loan activity in Cumberland County, Maine to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 4,846 applications were decided by 105 lenders between 2023 and 2025.

Cumberland County at a glance

105Active lenders34 with 20+ decisions
77.8%Market approval rate3,769 of 4,846 decided
$95KTypical loanmedian lender, $10K brackets
96%Borrower take-up3,624 loans funded

How Cumberland County compares

Approval rate compared
Cumberland County77.8%Maine75.2%All 616 counties62.7%
Typical loan compared
Cumberland County$95KMaine$75KAll 616 counties$75K

What the data shows

Bangor Savings Bank made the most home improvement loans in Cumberland County, ME, 519 of them.

Truchoice Federal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 95% of 157.

The typical home improvement loan here is $95K, 27% larger than the Maine typical of $75K.

No lender with a meaningful sample here has a typical home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.

Approval rate of all 34 lenders with 20+ decisions here
0%25%50%75%100%U.S. Bank National Association: 29% approved of 31Discover Bank: 34% approved of 85Spring Eq, LLC: 41% approved of 49Bank of America, National Association: 62% approved of 274Lighthouse Federal Credit Union: 65% approved of 113Citizens Bank, National Association: 65% approved of 89Figure Lending LLC: 66% approved of 44Manufacturers and Traders Trust Company: 66% approved of 80Empeople Credit Union: 66% approved of 182Maine Savings Federal Credit Union: 67% approved of 36KeyBank National Association: 68% approved of 84Machias Savings Bank: 70% approved of 20Bangor Savings Bank: 76% approved of 686TD Bank, National Association: 77% approved of 343Navy Federal Credit Union: 77% approved of 66Atlantic Regional Federal Credit Union: 81% approved of 94Evergreen Credit Union: 81% approved of 372Gorham Savings Bank: 81% approved of 145Nationstar Mortgage LLC: 82% approved of 22Maine Community Bank: 82% approved of 105Norway Savings Bank: 84% approved of 186Casco: 85% approved of 48Town & Country Federal Credit Union: 86% approved of 554Cport: 86% approved of 78Kennebec Savings Bank: 88% approved of 57University Credit Union: 89% approved of 57Trademark: 90% approved of 30Maine State Credit Union: 91% approved of 32Bath Savings Institution: 91% approved of 43Coast Line Credit Union: 91% approved of 35Cumberland County: 91% approved of 152The Camden National Bank: 92% approved of 164Coastal Community Bank: 94% approved of 66Truchoice Federal Credit Union: 95% approved of 157

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

Home improvement loan lenders in Cumberland County

LenderApprovalApprovedTaken upTypical loanLoans made
1Bangor Savings Bank76%522 / 68699%$105K519
2Town & Country Federal Credit Union86%475 / 55494%$65K446
3Evergreen Credit Union81%302 / 37298%$55K295
4TD Bank, National Association77%263 / 34398%$105K258
5Bank of America, National Association62%171 / 27498%$105K167

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 100 more lenders.

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