A loan for home improvements can unlock potential in your property and provide the funding for desired upgrades. From installing a pool, to renovating your kitchen, or even installing energy-saving enhancements to your home, a home improvement loan can help make all of your home projects possible.
Increase your property's value
Can enhance the comfort and livability of your home
Reduce energy costs with energy-efficient upgrades
Interest may be tax deductible*
Increase the equity of your home
Improve your current home to avoid relocation costs
Why choose a home improvement loan over a home equity loan?
A home improvement loan is different from a home equity loan in that it can be granted regardless of Texas Home Equity Cash Out Refinance (A6) status—this means that you can get approved quicker. You can also get a home improvement loan in addition to an existing home equity loan.
Home Improvement Loans FAQs
Yes, a home improvement loan can be used to finance a home addition.
No, our home improvement loan requires a contract with a third party. The contractor can not be an owner of the property.
Another loan option may better suit your needs. In order to qualify for the home improvement loan, work could be required to cease for up to 30 days. If you are already in process, you may wish to consider a personal loan or home equity loan.
No, a home improvement loan can only be secured for the home improvement contract price. However, a home equity loan or personal loan might fit your needs for debt or debt consolidation.
Ready to take the next step?
Get the financing you need with the bank whose name you can trust.