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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Washington County, Minnesota

Fat Boy Data analyzed home improvement loan activity in Washington 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. 3,369 applications were decided by 108 lenders between 2023 and 2025.

Washington County at a glance

108Active lenders29 with 20+ decisions
78.1%Market approval rate2,631 of 3,369 decided
$75KTypical loanmedian lender, $10K brackets
93%Borrower take-up2,448 loans funded

How Washington County compares

Approval rate compared
Washington County78.1%Minnesota75.1%All 616 counties62.7%
Typical loan compared
Washington County$75KMinnesota$65KAll 616 counties$75K

What the data shows

U.S. Bank National Association made the most home improvement loans in Washington County, MN, 277 of them.

Novation Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 100% of 28.

The typical home improvement loan here is $75K, 15% larger than the Minnesota typical of $65K.

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 29 lenders with 20+ decisions here
0%25%50%75%100%Spring Eq, LLC: 39% approved of 46Discover Bank: 48% approved of 56BMO Bank National Association: 48% approved of 31Bank of America, National Association: 49% approved of 82The Huntington National Bank: 56% approved of 139U.S. Bank National Association: 61% approved of 461Navy Federal Credit Union: 62% approved of 45Associated Bank, National Association: 68% approved of 38MidWestOne Bank: 73% approved of 37Old National Bank: 73% approved of 45Figure Lending LLC: 77% approved of 57Trustone Financial Credit Union: 79% approved of 270Topline Financial Credit Union: 79% approved of 33Think Mutual Bank: 81% approved of 21Highland Bank: 82% approved of 38City & County Credit Union: 82% approved of 62Bell Bank: 83% approved of 147Royal Credit Union: 84% approved of 148Blaze Credit Union: 86% approved of 241Ideal: 87% approved of 269Baxter Credit Union: 88% approved of 40Deerwood Bank: 90% approved of 40Affinity Plus: 90% approved of 287Wings Financial Credit Union: 93% approved of 150Hiway Credit Union: 94% approved of 86Lake Elmo Bank: 95% approved of 40Alerus Financial, National Association: 96% approved of 27Coastal Community Bank: 100% approved of 54Novation Credit Union: 100% approved of 28

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

Home improvement loan lenders in Washington County

LenderApprovalApprovedTaken upTypical loanLoans made
1U.S. Bank National Association61%282 / 46198%$85K277
2Affinity Plus90%259 / 28798%$55K253
3Trustone Financial Credit Union79%212 / 27095%$75K201
4Ideal87%234 / 26985%$55K199
5Blaze Credit Union86%208 / 24195%$65K197

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 103 more lenders.

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