Home Improvement Loans
& Financing Options

Get approved in under 2 minutes!

This will NEVER affect your credit score

Never compromise on your home improvements.

Chances are, you’ve always had a vision for what your home can be. But when it comes time to remodel your basement, bathroom or kitchen, update your roof or enhance your HVAC system, costs can enter into the tens of thousands – and therefore might not be affordable. By transforming that cost into a low, fixed monthly payment, homeowners can finally make their dream home a reality.

Home Improvement Loan Options & Benefits

Our mission at PowerPay is to deliver fair and affordable loans to consumers that want and need to improve their homes. The last few years have reminded us how important it is for our families to experience a home that is comfortable, safe, and secure.

By turning an expensive home investment into a low and affordable monthly payment, you can provide yourself and your family with the home that you want and need. PowerPay home improvement loans offer the lowest payments with low rates and the longest terms in the industry, so you’re able to purchase the improvements you want now, then pay it off over time.

PowerPay loan services have soft credit pulls so that your credit score stays in tact, low home improvement loan rates, long terms, and no prepayment penalties and no credit cards so that any home improvement inside or outside your home is within reach. We make the process of financing your home improvement both simple and fast. With a 2-minute application and instant approval, it’s never been easier to start turning your dream home into a reality.

Industry Best Program

up to 15- year terms, rates from 8.99% and max loans of $100,000

Streamlined Process

instant decisions, electronic docs, quick and easy loan process

No Prepayment Penalties

pay off part or all of your loan early with NO penalty fees

Our Most Popular Home Improvement Loans

Interior Remodeling Loans

Interior renovation and remodeling for new rooms and additions for anything inside your home.

Electrical Loans

From repairs to the entire home rewiring inside and outside.

Exterior Siding Loans

Install any siding project including vinyl, fiber cement, Hardie board, composite, wood, metal, brick, and stone siding.

Foundation Waterproofing Loans

Interior and Exterior waterproofing and foundation repairs – french drains, sump pumps and more.

Gutter Loans

Gutter replacement and gutter cover systems.

Attic Insulation Loans

Attic Insulation or wall insulation for any energy efficiency project.

Interior Remodeling & Addition Loans

Renovate or remodel rooms in your home or build an addition.

Lighting Loans

Exterior and Interior lighting including security and smart homes.

Paint & Wall Covering Loans

Interior and Exterior painting and wall coverings.

Sunroom & Patio Enclosure Loans

Sunrooms, Patio Enclosures, She Sheds, ADU’s and more.

Water Treatment Loans

Water filtration and water treatments.

Home Improvement Loan Calculator: Calculate your monthly loan payment

Term (In Months)

Interest Rate

How to Get a Home Improvement Loan with PowerPay

We understand how important your home improvement project is, which is why we’ve developed a simple and easy loan process to get you the best home improvement loans available. First, you need to complete the 2-minute application (this will not affect your credit score). Once you’re approved, you and your contractor will confirm the final cost of your project and sign our electronic loan documents. Once we receive the loan documents, your project can start! Your payments will begin approximately 30 days after your project has been completed. You can pay online or through our mobile app.

Save Time.

2-minute application, instant decisions, electronic docs

Save Money.

with rates from 4.99% and up to 20-year terms, you get the lowest monthly payment

Be Happy!

make your dream home a reality- buy now and pay over time


Home Improvement Financing FAQ

What is the best way to finance home improvements?

A home improvement loan is the best way to finance home improvements because you can borrow a large sum of money at a fixed interest rate, which can save you money in the long run. Home improvement loans also come with low interest rates and no origination fees, so you can keep more of your hard-earned money.

How does home improvement financing work?

Applying for a home improvement loan is a relatively simple process with just a few steps to get you the money you need. First, find a lender that offers home improvement loans either by searching online or by contacting local banks or credit unions.

Once you’ve found a lender that provides good rates, long term repayments and low monthly payments, you’ll need to provide some basic information, such as your name, address, Social Security number. You’ll also need to provide information about the property you’re interested in improving, such as the estimated value of the property and the amount of the loan you’re seeking.

The lender will then review your application and may ask for additional information or documentation before making a decision. If the lender approves your application, loans can be paid in as little as a few days.

Where can homeowners go to learn about current rates and types of financing available?

Digital lending platforms are a great resource for homeowners looking for information about current rates and types of financing. Lenders often offer online calculators that help borrowers estimate how much they can afford to borrow. Borrowers can also use these calculators to compare the cost of various loans.

What are some of the benefits of home improvement financing?

There are numerous benefits of home improvement financing. Some of these benefits include the following:

1. You can get a lower interest rate on your loan when you finance your home improvements. This is because the interest rates for home improvement loans are generally lower than those for other types of loans.
2. You can spread out the payments on your loan over a longer period of time, which makes them more manageable. This can be especially helpful if you are not able to afford to pay for your home improvements all at once.
3. You can use the money from your loan to make any type of home improvement that you want, regardless of whether or not it is covered by your insurance policy, helping make all home improvements you need more affordable.

How do I know if I'm eligible for home improvement financing?

There are a few different things that lenders will look at when considering a loan application for home improvement financing. To start, they’ll want to know how much you’re looking to borrow and what the purpose of the loan is. They’ll also need to review your credit history and score to get an idea of your overall credit risk. Finally, they’ll want to see evidence that you’re capable of making regular monthly payments on the loan.

If you’re confident that you meet all these requirements, then the best thing to do is start gathering the necessary documents and preparing your application. This includes things like proof of income, employment history, and credit reports. Having all this information ready will help make the application process move along smoothly and quickly.

PowerPay Home Improvement Loans FAQ

See our Borrower PowerPay FAQ page for answers to top questions asked about PowerPay loan programs.