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Personal Loan for Home Improvement
Access up to $50,000 in funding to help finance your project*
Personal loans are provided and serviced by a third party.. Read more
What is a home improvement loan?
A home improvement loan is a personal loan for financing renovations, remodels, and home upgrades. Home improvement loans are typically unsecured, meaning they don't require collateral like a home equity line of credit (HELOC).
You receive a home improvement loan upfront and pay it back in fixed monthly installments, including interest.
What can you use a home improvement loan for?
Using a home improvement loan could help you finance projects that enhance your home. Your dream home might require a new kitchen, roof repairs, or updates to accommodate your growing family. Here are a few ways you could use a personal loan for home improvement:
- Renovations: Remodel key areas like the kitchen, bathroom, or basement to ensure your home's style and layout meet your needs.
- Repairs: Handle necessary fixes from roof damage to old windows and more.
Why choose Best Egg for a home improvement loan?
Upgrade your home with confidence
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Access up to $50,000<sup tooltip-trigger disclosuretip-trigger>*</sup>
Finance your home renovation or remodel project with up to $50,000 in available funding.*
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Fixed APRs
Save money over time with a predictable, fixed APR.
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Fast application
Get funding in as little as 24 hours. Submit a quick and easy application online.
How to apply for a loan for home renovations or repairs
- Apply online: Fill out a quick application using the following information:
- Your name, date of birth, and Social Security number
- Your address, phone number, and email
- The reason you're applying for a loan
- Your employment status, as well as your personal income and household
- Whether you rent or own a home, as well as your monthly payment
- Whether you lease or own a vehicle
- The number of cash advances you've taken in the last six months
- Explore your offers: After you apply, you'll see your loan offers in minutes. Select the personal home improvement loan that fits your renovation or repair needs and review the details and disclosures before accepting.
You'll receive an email with your account number, monthly payment amount, and due date after your loan is approved. Your funds may be deposited as early as the next business day.
Frequently asked home improvement loan questions
What are the requirements for a home improvement loan?
Apply for a personal loan for home improvement to check your eligibility. Share information about your identity, income, and employment. Depending on your qualifications, you may be presented with loan options to consider for your renovation goals.
What's the difference between a home improvement loan versus a HELOC?
A home improvement loan is not the same as a home equity line of credit. A HELOC lets you borrow against the equity you have in your home with your property as collateral. Home improvement loans through Best Egg let you borrow money without collateral — they're called unsecured loans.
What interest rates does Best Egg offer for home improvement loans?
Personal loans through Best Egg offer fixed rates ranging from 6.99%-35.99% APR.† The rate you're eligible for will vary based on the requested loan amount, loan term, your personal and financial information, and other factors.
Progressive can help you take control of your finances. Learn more about how a personal loan might help you with your financial goals and how home improvements may lower your homeowners insurance rate.
