How Long Does It Take to Get Home Improvement Financing?

Small model house among home improvement financing money

Do you often find yourself sitting in your living room and running through a mental checklist of all the home improvement projects you need to get done? The leaky roof, the ugly tile in the bathroom, that pesky stained shag carpet are all a bother. Or, is your home in great condition, but you find it lacks amenities that would truly make it a dream come true? Things like a swimming pool in the backyard or even a movie-star-worthy home theater? If this is you, then it sounds like it’s time to look into home improvement financing. 

What Is Home Improvement Financing? 

Financing for a home improvement project is a loan that you can use to do just about anything to upgrade or fix your home. These loans usually come from financial institutions like banks or a lender. 

A home improvement loan is not the same as a home refinance loan or a home equity line of credit. Those usually originate from a mortgage lender for much higher amounts of money and aren’t open-ended. Here are a few factors that help define what a home improvement loan is:

  • A wide range of financing options, starting at around $5,000 and going up to $100,000 or even higher.
  • A loan with a variety of payback timetables, with some to be paid back in a year, while others can be up to 20 years.
  • Usually provided by a bank, online personal lender, or credit union. 


How Do I Apply for Home Improvement Financing?

A key factor in getting approved for home improvement financing is being as specific as possible with both your projects and the amount you’re looking for. Since most projects increase the value of your home, lenders look at it as a good use of money, and that can help you in the approval process. Do your homework, and refrain from asking too high above the estimated cost. It’s also wise to check your credit score. The higher the score, the better chance of loan approval at a good rate.

What If My Credit Score Is Low?

A low credit score may hinder your process, but it’s still possible to get the funding you need to take care of your home. Check into getting a co-signer to help your approval rate.

How Long Do I Have to Wait?

It really depends on the type of loan you’re looking for. If you choose something like a home equity loan, you can expect the process to take up to six weeks. However, personal loans like those found through HFS Financial are much faster. You can often get financing in a matter of days.

Get Home Improvement Financing Fast with HFS Financial

Choosing HFS Financial for your home improvement financing is a smart move for several reasons. Our loan options stand out with some of the most favorable terms in the industry, ensuring that you get the financial support you need without unnecessary burdens. 

Loans fund directly to the consumer, streamlining the process and getting you closer to your home improvement goals faster. Worried about the impact on your credit score? Fear not! When you inquire about your loan options through HFS Financial, your credit score won’t take a hit. 

We believe in making home improvement accessible to everyone, which is why we finance a diverse range of projects, from building a refreshing swimming pool to giving your home a stylish remodel. 

With HFS Financial, the path to enhancing your living space is not only feasible but also designed to suit your individual needs and financial well-being. All you need is 60 seconds to apply. “You Dream It, We Finance It.”

How Long Does It Take to Get Home Improvement Financing?

HFS Financial solely operates in the home improvement lending space which means we can confidently say that we are THE HOME IMPROVEMENT LOAN EXPERTS. When you apply at HFS Financial you will get a customized loan experience tailored to ensuring you get the best personal loan to meet your home improvement loan needs.