home improvement

Get a home improvement loan. 

Your home is more than just four walls. It’s the place you relax, unwind, and spend time with friends and family. If you’ve got big dreams for your home, a personal loan with Borrowell can help you get there to pay for renovations and other improvements.

Take out a personal loan between $1,000 to $35,000 to cover your home improvement costs, without carrying expensive credit card debt. Get your credit score for free and we’ll show you the best loans suited to your financial profile.

Get Started
This won’t affect your credit score!

Fast

fast

Creating an account is quick and easy. You’ll instantly see what options are available to you.

Fair

fair

Your scheduled payments will be the same each month and won’t change. Plus, there are no prepayment penalties.

Friendly

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Have questions? Simply email our friendly customer service team.

Get Started (This won’t affect your credit score)
Pay off Credit Card

How to Get a Personal Loan

1) Get Your Free Credit Score (1 minute)
Get your free credit score. Then, we’ll show you the best loan options suited to your financial profile.

2) Get a Quote (1 minute)
If you’re eligible for a low-interest loan powered by Borrowell, you’ll have the option to get a quote. (Otherwise, we’ll provide you with alternate options from our trusted partners.)

3) Verify Your Info
Provide proof of income (your two most recent pay stubs or Notice of Assessments) and verify your bank account electronically. 

4) Get Your Money
If approved, your money will be directly deposited into your bank account as soon as the next business day. Personal loans are simple!

Why choose a home improvement loan from Borrowell?

Choosing a Borrowell home improvement loan gives you…

 The affordability you’re looking for.
Most credit cards charge interest rates of 19.99
%, which can quickly rack up debt.1
A loan with a 12-14% interest rate can save you thousands over time.

 Fast money. A Borrowell loan can be in your pocket by the next business day!
This means you get your money up-front, so you can use it for deposits and other expenses.2

 No restrictions.
You can pay off your loan as early as you like with no prepayment penalties and in easy installments.

Have questions about how a personal loan can help you improve your home? We have answers.

How can a home improvement loan help me?

Most people expect their home to appreciate over time. But a great way to increase the value of your home is to improve it! Even if you’re not looking to sell, renovations and upgrades can make your home more comfortable and give you peace of mind. If you don’t have the funds required, a personal loan from Borrowell can help you get the funds needed for the renovations.

Can home improvements help me sell my home?

Many aspects are considered when your home is evaluated. But if you’re looking to sell, renovations may increase the value and may help you sell your home faster. You don’t have to totally revamp your home, but putting some money into your home may help you get more out of it.

Should I borrow from my credit card to pay for my home improvements?

Not if you know you won’t be able to pay it off when your balance is due. Most credit cards can have an APR of anywhere from 19.9% to 29.9% – meaning, you could end up paying more interest than you should.

Borrowell loans start at a 5.60% APR.2 If you know you’ll be borrowing with your credit card, a personal loan may be a better option for you.

How do I apply for a Borrowell loan to improve my home?
Home improvement loans are simple. First, get your credit score from Borrowell and then you’ll see the best loans suited to your financial profile. Checking your rate won’t hurt your credit score.

1Based on credit card APR of 19.9% and credit card debt repayment of $250 per month.

2Please note that final approval of your application for a Borrowell loan is conditional on completion of the steps set out in your application (including identity, income, and bank account verification) as well any further underwriting review deemed necessary. Additional documents may be required. Borrowell retains the right to adjust any loan options presented to you or to decline your application at any time prior to final approval.