<div class="fusion-layout-column fusion_builder_column fusion-builder-column-14 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-blend:overlay;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;"> The minimum qualification requirements for a home improvement loan are: You must be over 18 years of age Be employed or self-employed Have a minimum income before tax and super of $23,000 Be a Permanent Resident or Citizen Each lender reserves the right to include further credit criteria. These criteria ensure loan affordability and confirm the creditworthiness of the applicant.

<div class="fusion-layout-column fusion_builder_column fusion-builder-column-21 fusion_builder_column_1_1 1_1 fusion-flex-column" style="--awb-bg-blend:overlay;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;"> We have access to 40+ lenders across the market, so whether you have excellent or bad credit we have options available. You will, however, have a better chance of getting approved if you have a higher credit score.

It’s so simple with Geared Loans

Making improvements to your home is a smart investment as a homeowner. You can make the space a more enjoyable place to live and, depending on the improvements you undertake, you could increase the value of your home. This means that you can recoup the amount you spent, plus more, if you ever decide to sell and move on.

Finding the best loan for your next home improvement project is super easy. Thanks to our state-of-the-art funding platform, we have access to over 40 of Australia’s lenders to help you find the right loan. Save time by letting us do all the groundwork for you.

1. Apply online for your home improvement loan. It only takes a few minutes and won’t impact your credit score.

2. A qualified professional advisor will be in touch with the best rates and lenders for you as soon as possible.

3. Relax! We’ll sort out everything else. Just sit back until your loan arrives.

Apply Now

40+ Lenders at your fingertips:

Frequently asked questions

What is a home improvement loan?

As the name suggests, it’s a personal loan that is used to make smaller improvements to your home. It is usually an unsecured loan with a short repayment term.

However, if you’re considering a larger, more expensive project, such as an extension to your home, a secured homeowner loan may be more appropriate.

Homeowner loans are secured against your home, which usually allows you to borrow larger amounts.

Do I qualify?

The minimum qualification requirements for a home improvement loan are:

You must be over 18 years of age
Be employed or self-employed
Have a minimum income before tax and super of $23,000
Be a Permanent Resident or Citizen

Each lender reserves the right to include further credit criteria. These criteria ensure loan affordability and confirm the creditworthiness of the applicant.

Who is a home improvement loan suitable for?

A home improvement loan may be a good option for homeowners who wish to make smaller or timely improvements and repairs to their property.

How much can I borrow?

Depending on your income, your credit score and what you plan to use the money for, you’ll be able to borrow between $10,000 and $200,000.

How much are the repayments?

Loan repayments are based on three main factors:

the amount you borrow;
the term of the agreement;
the interest rate.

All these combined determine the repayment amount. Other factors like loan fees and balloons may also affect the monthly repayment amount.

How fast are approvals?

When all the required information is provided, lenders generally respond the same day with an outcome. But some more complex applications may take between 24-48 hours.

Please provide your details through our online application and one of our finance partners will be in touch with you shortly.

Our Partners aim for an outcome the same day. They can then send funds to you in less than 24 hours – provided all the required information is at hand.

Approvals can last up to 90 days, so get ‘Pre Approved’ today.

How long is the loan?

Loan terms can range from two to seven years, with four to five years being an average contract term. As a rule of thumb, the longer the loan term, the lower the repayments.

Will it affect my credit score?

Making an enquiry to discuss your circumstances, get finance quotes and fact-find will not affect your credit score. You can discuss all your requirements with a loan specialist.

When you are happy with your indicative quotations and wish to proceed, the lender may perform a ‘hard’ credit search. This is normal and is noted on your credit history. It can affect your credit score, so your consent is required before this happens.

Bad credit score?

We have access to 40+ lenders across the market, so whether you have excellent or bad credit we have options available. You will, however, have a better chance of getting approved if you have a higher credit score.

Why choose us?

Your needs are at the heart of everything we do. Here are just some of the ways we do it:

Flexibility

Quick and easy online application. Fast decisions and funding possible in less than 24 hours on flexible options up to $200,000.

Support

A dedicated Lending Specialists will get to know you and provide a personalised solution. Everything is clear and easy to understand – no hidden fees and no nasty surprises. We can help even if you have a less than average credit score.

Confidence

We simplify the complicated process of comparing and buying products. Our soft searches will not affect your credit score. Save your time and your money.

Easy loan application. Free expert advice. Credit check friendly.