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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Cumberland County, New Jersey

Fat Boy Data analyzed home improvement loan activity in Cumberland County, New Jersey to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 1,168 applications were decided by 86 lenders between 2023 and 2025.

Cumberland County at a glance

86Active lenders17 with 20+ decisions
52.0%Market approval rate608 of 1,168 decided
$55KTypical loanmedian lender, $10K brackets
93%Borrower take-up565 loans funded

How Cumberland County compares

Approval rate compared
Cumberland County52.0%New Jersey59.7%All 616 counties62.7%
Typical loan compared
Cumberland County$55KNew Jersey$105KAll 616 counties$75K

What the data shows

TD Bank, National Association made the most home improvement loans in Cumberland County, NJ, 48 of them.

Member's 1St of Nj approved the highest share of applications among lenders with at least 20 decisions here, 85% of 52.

Lenders approved 52.0% of home improvement loan applications in Cumberland County, NJ, 7.6 percentage points below the New Jersey rate of 59.7%.

The typical home improvement loan here is $55K, 48% smaller than the New Jersey typical of $105K.

Only 2 lenders here typically write at or below $35K: Newfield National Bank, Century Savings Bank.

Approval rate of all 17 lenders with 20+ decisions here
0%25%50%75%100%Bank of America, National Association: 18% approved of 161Discover Bank: 26% approved of 72Spring Eq, LLC: 37% approved of 27OceanFirst Bank, National Association: 46% approved of 61PNC Bank, National Association: 52% approved of 54Truist Bank: 52% approved of 63TD Bank, National Association: 53% approved of 91Figure Lending LLC: 53% approved of 34Fulton Bank, National Association: 55% approved of 22Citizens Bank, National Association: 56% approved of 50Century Savings Bank: 57% approved of 35FIRST HARVEST Federal Credit Union: 57% approved of 40Police & Fire Federal Credit Union: 67% approved of 42Newfield National Bank: 67% approved of 36Millville Savings Bank: 75% approved of 65Member's 1St of Nj: 85% approved of 52Coastal Community Bank: 97% approved of 29

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

Home improvement loan lenders in Cumberland County

LenderApprovalApprovedTaken upTypical loanLoans made
1Bank of America, National Association18%29 / 16197%$55K28
2TD Bank, National Association53%48 / 91100%$55K48
3Discover Bank26%19 / 72100%$75K19
4Millville Savings Bank75%49 / 6594%$45K46
5Truist Bank52%33 / 6391%$105K30

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 81 more lenders.

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