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investment property improvement lenders · HMDA 2023–2025

Investment property improvement lenders in Hennepin County, Minnesota

Fat Boy Data analyzed investment home improvement loan activity in Hennepin County, Minnesota to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 494 applications were decided by 81 lenders between 2023 and 2025.

Hennepin County at a glance

81Active lenders6 with 20+ decisions
50.8%Market approval rate251 of 494 decided
$85KTypical loanmedian lender, $10K brackets
93%Borrower take-up233 loans funded

How Hennepin County compares

Approval rate compared
Hennepin County50.8%Minnesota57.4%All 616 counties51.2%
Typical loan compared
Hennepin County$85KMinnesota$85KAll 616 counties$115K

What the data shows

Trustone Financial Credit Union made the most investment home improvement loans in Hennepin County, MN, 62 of them.

That is 27% of every investment home improvement loan originated here, so this market is unusually concentrated in one lender.

Royal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 76% of 29.

Lenders approved 50.8% of investment home improvement loan applications in Hennepin County, MN, 6.6 percentage points below the Minnesota rate of 57.4%.

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 6 lenders with 20+ decisions here
0%25%50%75%100%U.S. Bank National Association: 16% approved of 45The Huntington National Bank: 40% approved of 20BMO Bank National Association: 43% approved of 21Trustone Financial Credit Union: 50% approved of 133Wings Financial Credit Union: 52% approved of 27Royal Credit Union: 76% approved of 29

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

Investment property improvement lenders in Hennepin County

LenderApprovalApprovedTaken upTypical loanLoans made
1Trustone Financial Credit Union50%67 / 13393%$85K62
2U.S. Bank National Association16%7 / 45100%$305K7
3Royal Credit Union76%22 / 29100%$55K22
4Wings Financial Credit Union52%14 / 2779%$85K11
5BMO Bank National Association43%9 / 21100%$155K9

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 76 more lenders.

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You are seeing the 5 largest investment home improvement loan lenders in Hennepin 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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