Home improvement loans
An unsecured home improvement loan is a personal installment loan used for renovations or repairs without putting your home up as collateral. Compared with a HELOC or home equity loan, an unsecured loan typically funds faster, doesn't require an appraisal, and won't trigger a lien on your property if you can't repay.
Why apply here.
- 01No home equity, appraisal, or lien required
- 02Loan amounts from $1,000 to $50,000
- 03Fixed APRs typically 6.49% to 29.99%
- 04Funding as fast as the next business day
- 05Use for kitchen, bath, roof, HVAC, solar, or accessibility improvements
About this loan.
Personal loan vs HELOC for home improvement: which is better?+
A HELOC usually has a lower APR but takes weeks to close, requires an appraisal, and uses your home as collateral. A personal loan is unsecured, funds in days, and carries no lien risk, but APR is higher. For projects under $25,000 or when speed matters, personal loans often win on convenience.
Is the interest tax-deductible?+
No. Interest on a personal loan used for home improvement is not tax-deductible. The mortgage-interest deduction only applies to debt secured by your home (such as a HELOC or second mortgage).
Can I get a loan if I'm a first-time homeowner with no equity?+
Yes. Unsecured personal loans don't look at home equity. They underwrite to your credit, income, and debt-to-income ratio.
What's the maximum I can borrow?+
Personal loan caps in our network are typically $50,000. For larger renovations, a HELOC or cash-out refinance may be a better fit despite the longer closing timeline.