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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Washington County, Tennessee

Fat Boy Data analyzed home improvement loan activity in Washington 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. 1,404 applications were decided by 62 lenders between 2023 and 2025.

Washington County at a glance

62Active lenders11 with 20+ decisions
74.4%Market approval rate1,044 of 1,404 decided
$65KTypical loanmedian lender, $10K brackets
95%Borrower take-up995 loans funded

How Washington County compares

Approval rate compared
Washington County74.4%Tennessee63.4%All 616 counties62.7%
Typical loan compared
Washington County$65KTennessee$75KAll 616 counties$75K

What the data shows

Eastman Credit Union made the most home improvement loans in Washington County, TN, 640 of them.

That is 64% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

First Bancorp, Inc. approved the highest share of applications among lenders with at least 20 decisions here, 95% of 20.

Lenders approved 74.4% of home improvement loan applications in Washington County, TN, 10.9 percentage points above the Tennessee rate of 63.4%.

The typical home improvement loan here is $65K, 13% smaller than the Tennessee 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 11 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 27% approved of 30Truist Bank: 52% approved of 31First Horizon Bank: 53% approved of 122Regions Bank: 55% approved of 87Bank of America, National Association: 62% approved of 29Navy Federal Credit Union: 66% approved of 29Figure Lending LLC: 69% approved of 26Eastman Credit Union: 82% approved of 800Bank Of Tennessee: 93% approved of 45First Bancorp, Inc.: 95% approved of 20Coastal Community Bank: 100% approved of 20

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
1Eastman Credit Union82%658 / 80097%$65K640
2First Horizon Bank53%65 / 12297%$105K63
3Regions Bank55%48 / 8790%$75K43
4Bank Of Tennessee93%42 / 45100%$75K42
5Truist Bank52%16 / 31100%$75K16

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 57 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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