Home improvement loans

Secure your abode for the future with a home improvement loan

Our homes are the most important assets we have next to our families. Yes, they protect us not just on cold and rainy nights but also in the financial sense. The monetary value our home holds for us is quite unique and essential. We literally design our finance management partly influenced by our homes/real estate property.

Chances are this wonderful piece of asset that holds such a great value in our lives can run into troubles such as REPAIR or an EMERGENCY MAINTENANCE need.

Or you may simply want your HOME BE RENOVATED.

Turns out that a home improvement loan can help you better! A loan for home improvement is a personal loan or an unsecured loan meant for home extensions or renovations. You can use the loan for any project related to your home/real estate property (like your office).

Since, it is an unsecured loan. You get the following perks:

• No Collateral
• Multiple Use-Case Scenario of the Money
• Flexible interest rates
• No Brokers

A loan for home improvements is meant for more. Let us, the team of LondonLoansBank, help you with that.

Why is a simple loan for home improvement the best solution to many problems?

A direct lender loan for home improvement is the best because it is used for various reasons.

Home improvement loans are meant to give your home the kind of service. However, you might want to do a lot for your home, but you can’t make it happen in reality because your savings are sensitive. You can use a loan to go beyond these limitations and work your way out to finalise almost any home renovation or repair project you have in mind.

Here is why using this loan can make you get more for your home:

How a secured loan and a personal home improvement loan are different?

Well, there is a common misconception among people that home improvement loans and secured loans are the same things. However, they are not.

Perks of a Secured Loan for Home Improvement

To say frankly, you can consider a loan of this kind to bear these advantages:

• It is a loan that comes in very low-interest rates.
• Due to the presence of collateral, you might get the loan in no credit check.
• You can borrow high amounts to make extensive renovations or repair works.
• You might as well earn a fixed interest rate, which keeps your repayment terms organised (and you relaxed).
• No detailed documentation is needed. You do not fear losing assets as we grant 15 days’ additional timeframe to pay the loan. It is an interest-free period.

Now that you know all about it, it is time we offer you good information on these loans and how you can take out one of them.

Is a loan for home improvement in bad credit possible?

Possible! Here is how we make it happen.

A home improvement loan for bad credit isn’t your problem only. Thousands of other borrowers are seeking a loan in this situation. The good news is that we have made the process even linear for you.

• We will run a soft credit check to understand your financial behaviour.
• We will find out if you are earning at a stable rate. Your salary must be stable and continual to help us understand a debt-to-income ratio. We make these checks to find out IF YOU CAN REPAY THE LOAN AMOUNTS TO US COMFORTABLY WITHOUT COMPROMISING YOUR ESSENTIAL NEEDS AND LIFESTYLE.
• We will also require your financial details and will go through your loan requirement. We can further contribute by advising you on the correct loan amount and repayment terms (only if required).
• You might be suggested a secured loan for home improvement for a bad credit score. It is not mandatory but you can try.

If all these points are checked, personal and low-interest home improvement loans for bad credit are yours.

How to avail of bad credit home improvement loans?

Now, you can get a flexible loan amount and reduced interest rates on a bad credit home improvement loan. We look beyond the credit history and help individuals achieve lifestyle goals. Here is how you can get one:

• Get a guarantor

  If you have someone you can trust with finances, get him on the board. Having a guarantor with a good credit score and finances can help secure lower interest rates. We analyse the credit histories of both individuals and provide the best loan quote. You may qualify for a higher amount. The guarantor should agree to pay the loan payments if you cannot.

• Check Secured home improvement loans

  By providing security on a home loan for repairs and improvement, grab low-interest rates and affordable loan terms.

  We identify the asset value to the amount required. We sanction the loan immediately if it is higher than the amount requested. To get a secured loan for home improvement, you must be a legal property owner. You can also pledge a part or equity to get the loan.

• Work on the credit history

  If you can pay some loans off the credit profile, you may qualify for better interest rates. It would not only reduce debt but boost your credit score too. We may help you secure a low-interest rate then.

How about a home improvement loan with no credit check?

Well, we are going to say ‘yes’ to that too! Feeling great, right? Here is how we make this possible.

• What if you don’t use a credit card? Will you be denied a loan, then? Of course not! We will offer you a low-interest loan for home improvement without a credit check.
• We might consider offering you a home improvement loan without a credit check if you borrow from us first.
• We don’t even need to make a credit check when your credit score is good.
• Again, if you have a good income that is stable with proof, then a loan with no credit check is impossible.

Wait! What about guarantors? Let us solve that for you too!!!

How can I get a no guarantor loan for home improvement?

We understand that a loan requirement for an individual and a guarantor may not always be present.

There might be other problems, such as:

• Your relationship with the guarantor may not be supportive of loan terms
• The guarantor might have financial trouble
• The guarantor can run out of money in the middle of the loan terms
• It will be pretty long to offer you a loan faster because verifying your and the guarantor’s financial details will take time

In summary, there will be complications if there is a guarantor involved. We’re not offending them, but we can offer you a loan for home improvement with no guarantor.

Almost like the bad credit loan process, we will check your financial statement to determine your loan affordability, i.e. if you can pay us the loan terms.

Is it possible to continue home improvements after the loan term expires?

You can contact us for the improvement loan term extension. You get the flexibility to re-schedule your payments for a longer loan term. However, a longer loan term implies competitive interest rates. You can pay in a good lump sum without any fee on the due repayment date. It would help reduce interest costs.

If you do not want a secured loan, check out unsecured home improvement loans with us. You can get one with a sufficient income profile and stable credit history. You would need to explain the utilisation for the loan extension.

A guarantor is mandatory to get an unsecured loan with bad credit and low income. You can extend the loan term for up to 2 years.

However, you can also try other ways, like - bridging the need by extending the home loan term. Contact your mortgage provider. He may help you with the personalised and new loan terms. Analyse the new terms, interest rates, and monthly repayments before approval.

If it does not meet your needs, explore perfect home loans online. You may spot one with the desired interest rates and terms.

Can I get an interest-free home improvement loan?

No, we do not provide an interest-free home improvement loan. You can get lower interest rates by either checking secured loans or getting a guarantor.

A zero-interest loan can impact your overall well-being. You may struggle to pay the principal amount and enter loan arrears. Hence, we do not advocate interest-free loans. Instead, get an opportunity to save interest costs by paying the loan early.

If you are nearing the loan term end or 60 days to closing the loan, you can do so without any pre-payment penalty.

Why home improvement financing with us is a good choice?

We are the direct lender who works with you to ensure all your home improvement financing needs are met and taken care of. We can promise that we will offer the best privileges in taking a loan out. We, as lenders, will also counsel you with the best use of the loan you get from our end.

If you are thinking why working with us might turn special, we would ask you to relax and know more about the cheap loans for home improvement we offer you.

• You can apply for a loan because we have flexible interest rates. We will assess your income and develop an interest rate you will love.
• You can apply here if you are elderly (even if you are above 62 years).
• If required, you will also get a home improvement loan for bad credit. You can get the same sort of loan without a guarantor too.
• Need a loan fast? Apply for it just by a mobile text.
• A completely paperless application process has been appreciated by our borrowers to be easy but organised and, above all, fast!

Before saying more about the goodies of a home improvement loan, we would like to draw your attention to a fact you need to know.

Use a home improvement loan and do these projects with ease:

• Renovate
• Repair
• Extend