You can apply for a home renovation loan today.
Our home renovation loans are available for $5,000 to $25,000* for secured personal loans and $5,000 to $15,000* for unsecured personal loans. You’ll hear back from us in as little as 48 hours** regarding your approval status.
Apply Online NowWhat is a home renovation loan?
A renovation loan is a type of loan that allows you to complete your home project. It’s essentially a personal loan dedicated to paying for home improvements. You can choose between an unsecured loan, where cash is borrowed, depending on your lender’s assessment or a secured loan with lower interest rates and personal assets used for collateral. The interest rate you receive will vary depending on the product, loan terms and your credit history.Are renovation loans a good idea?
While there are other methods available to finance a renovation, such as using funds from a savings account, renovations can be expensive and difficult to pay upfront. Maintaining rainy day savings is also helpful for unexpected expenses, like a pricey car service, that could pop up at the last minute. Another option to consider is refinancing your home loan by leveraging your equity to borrow funds for your renovations, which would likely incur extra fees.A renovation loan makes it possible to fund your renos and offers a range of payment options to suit your needs.
If you’re considering making sustainable upgrades to your property, such as solar panel installation, green solutions loans are also available.
Finance One Green LoansWhat can a home renovation loan be used for?
At Finance One, our personal home renovation loans are used to finance:- New kitchens — In need of a kitchen renovation loan? From cabinetry to a splashback, tiles and more, we’re here to help give your home the facelift it needs.
- New bathrooms — Our loan for bathroom renovations makes it possible to transform your bathroom, from updating or installing bathtubs, shower renovations, sinks, toilets and more.
- Minor or major repairs — Our house repair loan will allow you to complete repairs from smaller renovations to more extensive repairs.
- New roofs — Install a new roof with a roof loan from Finance One. Our green solutions loans allow you to upgrade to solar panels to make a positive environmental contribution and reduce your electricity bills.
- New floors — If you’re about to commence a floor remodel project or decide on the flooring of a new home, a floor loan will help reduce the immediate financial burden of pricy new floors.
- Outdoor areas — From alfresco kitchens to decks, pergolas and more, backyard loans will empower you to transform your backyard in no time — you’ll be aching to kick back and soak in some sun.
- And more!
Can I get a loan for a home renovation?
If you’re asking yourself, “Can I get a loan for a home renovation?” you’ve come to the right place. At Finance One, we pride ourselves on making our home renovation loans as accessible as possible for our customers. Since 2010, we have taken a compassionate approach to home renovation loans, even accepting those who banks have rejected. We’re also renowned for our flexibility, with Finance One customers able to make extra repayments or increase their repayment amount at any time.Apply now for a home renovation loan from Finance One
To kickstart your home renovations, big or small, apply for a home renovation or personal loan from Finance One today. Whether your credit history includes defaults, previous bankruptcies or Part IX debt agreements, we believe everyone should have equal opportunity to make their renovation dreams a reality.
Apply Online NowNormal lending criteria apply. Fees and charges are payable. Terms and conditions apply.
*Secured Personal Loans between $5,000 – $25,000. Unsecured Personal Loans between $5,000 – $15,000.
**48 hour approvals are subject to satisfactory documentation being provided to assess the application.
Finance One means:
Fin One Pty Ltd – ABN: 80 139 719 903
Australian Credit Licence: 387528
Disclaimer: The information above is of a general nature only and does not consider your personal objectives, financial situation or particular needs. You should consider seeking independent advice regarding your legal, financial, taxation or other needs, to check how the information relates to your particular circumstances. We do not accept responsibility for any loss arising from the use of, or reliance on, the information. All loan applications are subject to normal lending criteria. Fees and charges payable. Terms and conditions apply.
