Home›North Carolina›Wake County›Home improvement loans
home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Wake County, North Carolina

Fat Boy Data analyzed home improvement loan activity in Wake County, North Carolina to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 16,125 applications were decided by 190 lenders between 2023 and 2025.

Wake County at a glance

190Active lenders46 with 20+ decisions
69.6%Market approval rate11,229 of 16,125 decided
$95KTypical loanmedian lender, $10K brackets
93%Borrower take-up10,456 loans funded

How Wake County compares

Approval rate compared
Wake County69.6%North Carolina64.0%All 616 counties62.7%
Typical loan compared
Wake County$95KNorth Carolina$85KAll 616 counties$75K

What the data shows

State Employees' made the most home improvement loans in Wake County, NC, 2,904 of them.

That is 28% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

Summit Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 100% of 32.

Lenders approved 69.6% of home improvement loan applications in Wake County, NC, 5.6 percentage points above the North Carolina rate of 64.0%.

The typical home improvement loan here is $95K, 12% larger than the North Carolina typical of $85K.

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 46 lenders with 20+ decisions here
0%25%50%75%100%Alliant Credit Union: 35% approved of 43Discover Bank: 38% approved of 351Spring Eq, LLC: 43% approved of 195The Huntington National Bank: 44% approved of 32Truist Bank: 52% approved of 860Bank of America, National Association: 55% approved of 1,206Fifth Third Bank, National Association: 57% approved of 417Fourleaf: 58% approved of 78U.S. Bank National Association: 58% approved of 152Loandepot.Com, LLC: 59% approved of 39Pentagon Federal Credit Union: 60% approved of 148Regions Bank: 62% approved of 99Truliant Federal Credit Union: 62% approved of 45First Horizon Bank: 63% approved of 86American Airlines Federal Credit Union: 64% approved of 44United Community Bank: 65% approved of 110Civic Federal Credit Union: 65% approved of 149Duke University Federal Credit Union: 65% approved of 26Peoples Bank: 67% approved of 24Rocket Mortgage, LLC: 68% approved of 31Figure Lending LLC: 70% approved of 240First Bank: 70% approved of 40PNC Bank, National Association: 70% approved of 454Navy Federal Credit Union: 70% approved of 508Pinnacle Bank: 72% approved of 74First National Bank of Pennsylvania: 72% approved of 715State Employees': 72% approved of 4,083TD Bank, National Association: 73% approved of 37Third Federal Savings And Loan Association Of Cleveland: 74% approved of 197First-Citizens Bank & Trust Company: 76% approved of 1,433Citizens Bank, National Association: 78% approved of 170COASTAL Federal Credit Union: 78% approved of 2,790The Fidelity Bank: 79% approved of 131Northwest Federal Credit Union: 79% approved of 24Homebridge Financial Services, Inc.: 80% approved of 25Lendage, LLC: 81% approved of 21TowneBank: 88% approved of 90First Technology: 88% approved of 25Allegacy Federal Credit Union: 89% approved of 35Nationstar Mortgage LLC: 89% approved of 37R T P Federal Credit Union: 89% approved of 37TOWER Federal Credit Union: 90% approved of 20SouthState Bank, National Association: 90% approved of 92Coastal Community Bank: 99% approved of 198Summit Credit Union: 100% approved of 32Baxter Credit Union: 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 Wake County

LenderApprovalApprovedTaken upTypical loanLoans made
1State Employees'72%2,939 / 4,08399%$65K2,904
2COASTAL Federal Credit Union78%2,177 / 2,79087%$95K1,890
3First-Citizens Bank & Trust Company76%1,090 / 1,43393%$105K1,019
4Bank of America, National Association55%663 / 1,20698%$105K647
5Truist Bank52%449 / 86094%$105K424

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 185 more lenders.

Free. One email unlocks the whole market.

You are seeing the 5 largest home improvement loan lenders in Wake 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.

  • Every lender, ranked
  • Approval and take-up rates
  • Typical loan and full range
  • Nearest office and distance
  • Branch count and how to apply
  • How reachable each lender is

We email you the unlock link and occasional updates on your market. We may share your interest with mortgage providers so they can contact you. How we use your data. Unsubscribe any time.

Other lending data for Wake County

Mortgage lenders in Wake CountyCash-out refinance in Wake CountyRefinance in Wake CountyInvestment property purchase in Wake CountyInvestment cash-out refinance in Wake CountyInvestment refinance in Wake CountyInvestment home improvement in Wake County

Nearby markets

All lending in Wake CountyCounty overviewHome improvement loans across North CarolinaStatewideDurham CountyNearby countyHarnett CountyNearby county