Get the Money You Need to Fix Up the Home You Want.

Home. It’s where your heart is, but it doesn’t need to be where the hassle is — especially when it comes to getting a home improvement loan.

Whether you’re ready to add a personal touch to your first pad, make some much-needed repairs, or remodel in the name of energy efficiency, you can use an Eloan personal loan to get the cash you need for contractors or equipment and material costs. No collateral or equity required.

 

Why an Eloan Personal Loan for Home Improvement1?

Fast CashFast CashGet money in your account as fast as the next business day2
Up to $35,000 in FundsUp to $35,000 in FundsFinance everything from micro projects to medium-sized remodels
No annual Fees. No prepayment PenaltiesNo annual Fees. No prepayment PenaltiesNo Annual Fees. No Prepayment Penalties
Low Interest Rates - That Won't ChangeLow Interest Rates - That Won't ChangeFixed rates that range from 7.99% - 35.99%
No Equity NeededNo Equity NeededPre-qualify based on some factors like good credit and proof of income
Flexible Payment TermsFlexible Payment TermsNo hidden costs andCustomize your payback period, from 24 months to 5 years



 

How a Personal Loan for Home Improvement & Repairs Works 

Personal loans for home improvement and repairs are unsecured loans that don’t require you to tap the equity in your home or provide any other sort of collateral. Rather, they’re based on factors like creditworthiness and employment history, among others.

They can be used for anything, from building out that coveted laundry room to replacing a leaky roof to adding energy-saving solar panels

If you’re approved, you’ll receive your money in one lump sum, and then you simply need to pay it back — plus interest — in regular, fixed installments over a time period of your choosing.

 

Apply From Anywhere at Anytime

How Eloan Works

How Eloan Works - 1 How Eloan Works - 2 How Eloan Works - 3
Apply instantly online

Get pre-qualified in seconds3 with our simple online loan application

Check your home improvement loan rates

Choose the package and loan repayment period that works for you

Get funded for repairs and remodel

If approved, you’ll see the money in your account as fast as the next business day.2

How Eloan Works - Step 1 How Eloan Works - Step 2 How Eloan Works - Step 3



How Can You Use a Home Improvement Loan?

Unexpected repairs and urgent fixes 
Planned renovations to make a home more comfortable 
Energy-efficient efforts, like adding solar panels 
Preparing a house to go on the market 
How Eloan Works - Step 1 How Eloan Works - Step 2 How Eloan Works - Step 3
Apply instantly online

Get pre-qualified in seconds3 with our simple online loan application

Check your home improvement loan rates

Choose the package and loan repayment period that works for you

Get funded for repairs and remodel

If approved, you’ll see the money in your account as fast as the next business day.2

How Can You Use a Home Improvement Loan?

Unexpected repairs and urgent fixes 
Planned renovations to make a home more comfortable 
Energy-efficient efforts, like adding solar panels 
Preparing a house to go on the market 

Ready to Start a New Adventure with us?

Check Your Rates

Checking your rates will not affect your credit score.

Our Clients Are Happy!

Our Clients Are Happy!

What’s the Best Home Improvement Loan?

 EloanMarcusLending ClubDiscover
Flexible Loan Payment Schedule4        
1-Hour Credit Decision5
       
Next Business Day Funding2
       
No Origination Fees        
Pioneer in Online Lending (Since 1998)        

*Information as of May 2019. 

 

 

FAQs

You can apply and pre-qualify for an Eloan home improvement loan in seconds3. To apply, you’ll need some of the following information
  • Full Name
  • Address information
  • Social security number
  • Your income information
  • Your employment status
Home equity loans and home equity lines of credit (HELOC) are two alternatives to personal loans for home improvement that require you to leverage the money you’ve already paid toward your mortgage as collateral. In essence, these loans work by allowing you to borrow money against the value of your house, which means that if you don’t make the necessary loan repayments, you could lose your home. On the flip side, personal loans for home improvement aren’t based on your equity or any other sort of collateral. Instead, getting approved is linked to factors that dictate how likely you are to pay back the loan, like credit score and your debt-to-income ratio, among others. What’s more, home equity loans and HELOCs tend to come with longer repayment periods and lower rates than personal loans since lenders carry less risk.
Personal loans for home improvement, unlike certain home equity loans and HELOCs, are not tax deductible.
You can use a personal loan for home improvement for any update, repair, or remodel to your house. That includes any upgrades that will help you live in a more comfortable, attractive space as well as any changes that will increase the resale value of your house in the lead up to putting it on the market. From redoing the floors and adding more storage space to foundational fixes and mold removal, it’s all covered!

Apply to get up to $35,000 toward your home improvement today!

See if you qualify and get the funds sent to your account as fast as the next business day2!

Check Your Rates

Checking your rates will not affect your credit score.

Need Help?

Contact Us
FAQs

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