HOME IMPROVEMENT LOANS

A home renovation loan from Handy Finance can be used for a variety of home improvement projects, including

• Internal or external home repairs
• Kitchen or bathroom remodelling
• New furniture or appliances for your home
• Swimming pool installation
• New exteriors
• Adding storage space to your home
• Green upgrades and additions to your home – solar panels, better insulation, new windows
• Adding extensions to your existing house
• Garden landscaping costs

At Handy Finance, we’ve made getting a home renovation loan as straightforward as possible. You can apply online for your home renovation loan and receive an indicative decision within minutes. Once your loan application is approved, you will receive the funds in your bank account within 24 hours. We offer home renovation loans of up to $75,000, with loan terms of one to seven years.

When considering the best renovation loan, it is important to consider a few key factors. You’ll want to make sure you know the interest rate offered, any fees involved, and how flexible your payment options are.

At Handy Finance, we offer you interest rates and loan terms tailored to meet your specific financial circumstances. Our renovation loan amounts, terms and repayment options are flexible, and our interest rates are fixed. Our team of loan experts are here to assist you through the application process and beyond, ensuring that you end up with a financing option that can bring your dream home improvement project to life.

Using a personal loan for renovations offers several advantages. At Handy Finance, we prioritise quick evaluation and approval of our loans. Once your home improvement loan is approved, funds will be released within 24 hours. It allows you to start your project as soon as possible without waiting to save the total amount. You also benefit from fixed rates and flexible repayment options, helping you budget effectively.

The final amount you borrow is tailored to your needs – so the exact amount will depend on your circumstances and the scope of your project. Handy Finance Home Renovation Loans range between $2000 and $75,000, depending on how much you need, your income and your credit rating.

We offer terms of between one and seven years for our home improvement loans. This means your loan will be repaid in weekly, fortnightly or monthly instalments over one to seven years. You can nominate a loan term when you apply for your loan online.

No, providing security is not necessarily a requirement – at Handy Finance, we offer unsecured and secured loans for home renovation. Whether you are eligible for an unsecured or secured loan depends on your financial circumstances.

Secured loans use an asset as collateral for your loan. This collateral could be something like a car. Secured loans can result in a lower interest rate, as the collateral acts as security against the loan if you can’t meet your repayment terms. Unsecured loans don’t require security, but you may find slightly higher interest rates.

The final terms of your loan, including the interest rate, are determined by your loan application. Our Handy Finance loan experts will offer you an interest rate based on your credit history and situation. This interest rate is always fixed and is included in your regular loan repayments.

With our free quote, you can find your personalised rate in just a few minutes. Please note that this rate is just an estimate and won’t affect your credit score.

Traditional bank lenders have higher operating costs, resulting in higher rates. At Handy Finance, we’ve invested heavily in technology to cut operating costs, cut turnaround times and give you a better deal on finance.

Once your home renovation loan is approved, Handy Finance works swiftly to ensure the funds are transferred to you as soon as possible. Generally, once you’ve been approved for your home improvement loan, you can access your funds within 24 hours.

To be eligible for a Handy Finance Home Improvement Loan, you must be:

• An Australian citizen or permanent resident
• 18 years of age or older
• Have no history of financial hardship with other loan providers
• Have a regular source of income via employment (including self-employment)

You can repay all Handy Finance loans for up to seven years. Repayments are made in weekly, fortnightly or monthly instalments.

At Handy Finance, we believe in flexible financing options. We know that financial circumstances can change. This is why our home renovation loans have a $0 early repayment fee. You can pay off your loan faster without any added costs. This includes changing your repayment schedule – if you’d like to move from monthly to weekly repayments, all you need to do is contact our loan specialists, who can arrange this change for you.