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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Muskegon County, Michigan

Fat Boy Data analyzed home improvement loan activity in Muskegon County, Michigan to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 2,328 applications were decided by 82 lenders between 2023 and 2025.

Muskegon County at a glance

82Active lenders16 with 20+ decisions
69.6%Market approval rate1,620 of 2,328 decided
$55KTypical loanmedian lender, $10K brackets
93%Borrower take-up1,513 loans funded

How Muskegon County compares

Approval rate compared
Muskegon County69.6%Michigan67.0%All 616 counties62.7%
Typical loan compared
Muskegon County$55KMichigan$55KAll 616 counties$75K

What the data shows

Lake Michigan Credit Union made the most home improvement loans in Muskegon County, MI, 443 of them.

That is 29% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

Best Financial Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 100% of 135.

Only 2 lenders here typically write at or below $35K: Muskegon Co-op Federal Credit Union, Family Financial Credit Union.

Approval rate of all 16 lenders with 20+ decisions here
0%25%50%75%100%Bank of America, National Association: 18% approved of 22Discover Bank: 31% approved of 39Comerica Bank: 44% approved of 79The Huntington National Bank: 54% approved of 479Independent Bank: 55% approved of 31Spring Eq, LLC: 62% approved of 26Family Financial Credit Union: 64% approved of 33Fifth Third Bank, National Association: 66% approved of 258ChoiceOne Bank: 68% approved of 77Community Choice: 69% approved of 54PNC Bank, National Association: 70% approved of 138Muskegon Co-op Federal Credit Union: 76% approved of 59Figure Lending LLC: 79% approved of 52Lake Michigan Credit Union: 83% approved of 554Coastal Community Bank: 98% approved of 55Best Financial Credit Union: 100% approved of 135

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

Home improvement loan lenders in Muskegon County

LenderApprovalApprovedTaken upTypical loanLoans made
1Lake Michigan Credit Union83%462 / 55496%$55K443
2The Huntington National Bank54%257 / 47995%$75K243
3Fifth Third Bank, National Association66%170 / 25898%$55K166
4PNC Bank, National Association70%96 / 13899%$55K95
5Best Financial Credit Union100%135 / 13599%$65K134

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 77 more lenders.

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