HomeArizonaInvestment home improvement
investment property improvement lenders · HMDA 2023–2025

Investment property improvement lenders in Arizona

Fat Boy Data analyzed investment home improvement loan activity in Arizona to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 5,086 applications were decided by 186 lenders between 2023 and 2025.

Arizona at a glance

186Active lenders37 with 20+ decisions
49.2%Market approval rate2,501 of 5,086 decided
$105KTypical loanmedian lender, $10K brackets
89%Borrower take-up2,214 loans funded

How Arizona compares

Approval rate compared
Arizona49.2%All 616 counties51.2%
Typical loan compared
Arizona$105KAll 616 counties$115K

What the data shows

Desert Financial Credit Union made the most investment home improvement loans in Arizona, 668 of them.

That is 30% of every investment home improvement loan originated here, so this market is unusually concentrated in one lender.

Merchants Mortgage & Trust Corporation, LLC approved the highest share of applications among lenders with at least 20 decisions here, 100% of 29.

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 37 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 0% approved of 23Mountain America Federal Credit Union: 9% approved of 77U.S. Bank National Association: 11% approved of 197Bank of America, National Association: 14% approved of 310Lendingone, LLC: 19% approved of 31Pentagon Federal Credit Union: 22% approved of 27Spring Eq, LLC: 31% approved of 256Navy Federal Credit Union: 33% approved of 236BMO Bank National Association: 34% approved of 198Vantage West: 35% approved of 31Wells Fargo Bank, National Association: 37% approved of 52Credit Union West: 37% approved of 73Arizona Central Credit Union: 41% approved of 27PNC Bank, National Association: 41% approved of 90Zions Bancorporation, N.A.: 42% approved of 173Arizona Financial Credit Union: 48% approved of 69Desert Financial Credit Union: 52% approved of 1,475Boeing Employees Credit Union: 52% approved of 40Kind Lending, LLC: 53% approved of 59Deephaven Mortgage LLC: 58% approved of 73The Loan Store, Inc.: 59% approved of 74Guaranteed Rate, Inc.: 62% approved of 21Hughes Federal Credit Union: 67% approved of 49AMERICA FIRST Federal Credit Union: 69% approved of 114Figure Lending LLC: 70% approved of 237Rocket Mortgage, LLC: 76% approved of 79RBC Bank, (Georgia) National Association: 78% approved of 41Homebridge Financial Services, Inc.: 79% approved of 137Crosscountry Mortgage, LLC: 83% approved of 36Bell Bank: 83% approved of 24Homeowners Financial Group USA, LLC: 86% approved of 28JPMorgan Chase Bank, National Association: 87% approved of 47FirstBank: 89% approved of 37Fairway Independent Mortgage Corporation: 90% approved of 31MidFirst Bank: 96% approved of 23Merchants Mortgage & Trust Corporation, LLC: 100% approved of 29Coastal Community Bank: 100% approved of 25

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

Investment property improvement lenders in Arizona

LenderApprovalApprovedTaken upTypical loanLoans made
1Desert Financial Credit Union52%765 / 1,47587%$105K668
2Bank of America, National Association14%44 / 310100%$105K44
3Spring Eq, LLC31%79 / 25692%$85K73
4Figure Lending LLC70%167 / 23765%$85K109
5Navy Federal Credit Union33%78 / 23697%$95K76

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 181 more lenders.

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Counties in Arizona