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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Rutherford County, Tennessee

Fat Boy Data analyzed home improvement loan activity in Rutherford County, Tennessee to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 3,789 applications were decided by 113 lenders between 2023 and 2025.

Rutherford County at a glance

113Active lenders21 with 20+ decisions
62.5%Market approval rate2,368 of 3,789 decided
$75KTypical loanmedian lender, $10K brackets
90%Borrower take-up2,127 loans funded

How Rutherford County compares

Approval rate compared
Rutherford County62.5%Tennessee63.4%All 616 counties62.7%
Typical loan compared
Rutherford County$75KTennessee$75KAll 616 counties$75K

What the data shows

Ascend Federal Credit Union made the most home improvement loans in Rutherford County, TN, 333 of them.

Lawrence Bank approved the highest share of applications among lenders with at least 20 decisions here, 97% of 29.

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 21 lenders with 20+ decisions here
0%25%50%75%100%U.S. Bank National Association: 40% approved of 195Discover Bank: 42% approved of 105Bank of America, National Association: 42% approved of 338Spring Eq, LLC: 44% approved of 66Truist Bank: 52% approved of 185First Horizon Bank: 52% approved of 244Third Federal Savings And Loan Association Of Cleveland: 54% approved of 24Fifth Third Bank, National Association: 57% approved of 181Citizens Bank, National Association: 59% approved of 29Regions Bank: 59% approved of 515PNC Bank, National Association: 63% approved of 76Redstone Federal Credit Union: 66% approved of 278Figure Lending LLC: 66% approved of 110Navy Federal Credit Union: 70% approved of 79Pinnacle Bank: 70% approved of 232Ascend Federal Credit Union: 79% approved of 460Wilson Bank and Trust: 85% approved of 117Republic Bank & Trust Company: 86% approved of 37Nationstar Mortgage LLC: 90% approved of 21Lawrence Bank: 97% approved of 29Coastal Community Bank: 98% approved of 85

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

Home improvement loan lenders in Rutherford County

LenderApprovalApprovedTaken upTypical loanLoans made
1Regions Bank59%303 / 51590%$65K273
2Ascend Federal Credit Union79%363 / 46092%$75K333
3Bank of America, National Association42%143 / 33899%$85K141
4Redstone Federal Credit Union66%184 / 27892%$55K169
5First Horizon Bank52%128 / 24497%$95K124

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 108 more lenders.

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