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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Carroll County, Maryland

Fat Boy Data analyzed home improvement loan activity in Carroll County, Maryland to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 2,180 applications were decided by 98 lenders between 2023 and 2025.

Carroll County at a glance

98Active lenders19 with 20+ decisions
68.4%Market approval rate1,491 of 2,180 decided
$105KTypical loanmedian lender, $10K brackets
95%Borrower take-up1,412 loans funded

How Carroll County compares

Approval rate compared
Carroll County68.4%Maryland56.0%All 616 counties62.7%
Typical loan compared
Carroll County$105KMaryland$85KAll 616 counties$75K

What the data shows

PNC Bank, National Association made the most home improvement loans in Carroll County, MD, 209 of them.

Apl approved the highest share of applications among lenders with at least 20 decisions here, 100% of 48.

Lenders approved 68.4% of home improvement loan applications in Carroll County, MD, 12.4 percentage points above the Maryland rate of 56.0%.

The typical home improvement loan here is $105K, 24% larger than the Maryland 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 19 lenders with 20+ decisions here
0%25%50%75%100%Spring Eq, LLC: 41% approved of 68State Employees Credit Union of Maryland, Incorporated: 42% approved of 33U.S. Bank National Association: 45% approved of 33Bank of America, National Association: 54% approved of 239Truist Bank: 55% approved of 220First National Bank of Pennsylvania: 60% approved of 81Pentagon Federal Credit Union: 62% approved of 29ACNB Bank: 63% approved of 41Members 1St: 64% approved of 39Citizens Bank, National Association: 68% approved of 31PNC Bank, National Association: 70% approved of 307Manufacturers and Traders Trust Company: 72% approved of 208TOWER Federal Credit Union: 73% approved of 242Navy Federal Credit Union: 78% approved of 163Figure Lending LLC: 79% approved of 34POINT BREEZE Credit Union: 80% approved of 25Sandy Spring Bank: 95% approved of 20Apl: 100% approved of 48Coastal 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 Carroll County

LenderApprovalApprovedTaken upTypical loanLoans made
1PNC Bank, National Association70%216 / 30797%$105K209
2TOWER Federal Credit Union73%176 / 24299%$75K175
3Bank of America, National Association54%128 / 23995%$105K122
4Truist Bank55%120 / 22092%$105K111
5Manufacturers and Traders Trust Company72%149 / 20891%$105K136

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 93 more lenders.

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