16 Oct Home Improvement Loans: What You Should Know First
Home improvement projects are an investment, and should be well thought out in advance. You are not only ensuring your lifestyle gets an upgrade, but you are also improving your home’s resale value. One of the first factors to plan is your remodelling budget. Not everyone has the cash up front, as home renovations come at a cost. This is where home improvement loans make a difference.
At Limdebt, we offer different types of loans to suit the unique needs of our clients. Let’s consider home improvement loans and what you should know first.
Personal Loan for Home Renovations
A loan for home improvements is a type of personal loan. The loan amount is flexible, according to the budget you have set for your upcoming projects. When it comes to making smart financial decisions and how personal loans can improve your life, we recommend taking out a loan that suits your affordability. Think about your repayment capacity, and remember that renovations often come with hidden costs.
Our Loan Wave team will consider factors like your credit score, affordability, and the amount you have applied for to provide you with a fair loan agreement. Our goal is to ensure your loan helps you achieve amazing home improvements without placing unnecessary strain on your budget. Here are 5 tips for choosing the right loan to guide you in your application.
Why Loan Wave?
We value your financial well-being and provide transparent loan solutions you can count on. Our loan options align with the National Credit Act (NCA), and come in all shapes and sizes. Every home improvement loan application is unique, just as every home renovation project differs. You may require a smaller loan amount to replace outdated kitchen cupboard sets, or a larger loan to redo your flooring and repaint your home. Either way, we can assist.
Apply to get started
Submit your loan application with us online, detailing your income, expenses, and current debts. We will conduct the necessary credit check and affordability assessment, and then provide you with a loan repayment plan suited to your needs and financial circumstances. Once you’ve read through the terms and are happy to proceed, your loan amount is transferred to your bank account, so that you can get started.
Home renovations are exciting, and you are one step closer to creating the home you’ve always envisioned! When considering home improvement loans and what you should know first, always keep in mind the importance of repaying your loan instalment on time every month, to maintain creditworthiness. Ready to get started? APPLY NOW and let us help you get your project started on the right track.