GreenSky
CLICK HEREGreenSky partners with home improvement contractors to provide point-of-sale loan options that help you pay for projects directly through your contractor. Loans can offer various plans, including promotional options with deferred interest and fixed-payment terms, depending on credit approval and the specific loan program. GreenSky works with participating banks and financial institutions to provide financing for a wide range of home improvement needs, from major renovations to smaller upgrades.
How to Apply:
You typically begin the application process while working with a contractor that participates in the GreenSky program. Your contractor can initiate the loan application on your behalf, often through an online or mobile portal, and you’ll complete the required information directly with GreenSky. Decisions can be fast, and once approved, funds can be accessed to pay your contractor for the work.
Service Finance Company, LLC
CLICK HEREService Finance Company, LLC is a nationally licensed sales finance company and an approved FHA Title I lender that provides flexible financing solutions designed specifically for home improvement projects. They offer a wide range of financing plans, including promotional and standard installment terms, to help make your renovation more affordable. SVCfin partners with contractors so homeowners can finance purchases such as roofing, windows, siding, HVAC, insulation, and more, all with structured payment options.
How to Apply:
To begin, you’ll typically work with a participating contractor who can offer Service Finance Company financing options for your project. Your contractor will help guide you through the application, which may include providing some basic personal and financial information. Once your application is submitted, the lender evaluates it and, if approved, the funds are disbursed directly to your contractor for the completed work.
Figure
CLICK HEREFigure provides home equity financing solutions that homeowners can use for renovations, upgrades, or other major expenses. Their primary offering is a home equity line of credit (HELOC), which lets you borrow against the value of your home. Figure’s process is designed to be fully online, with quick approval decisions and funding available in a matter of days. These lines of credit can be used for a wide variety of home improvement projects, giving you flexibility and potentially competitive terms compared with other forms of borrowing.
How to Apply:
You can start the application directly through Figure’s website. The process is digital and streamlined, often allowing approval decisions in minutes and funding within days, depending on your situation. The application will require information about your property, your income, and your credit profile, and once approved, you’ll have access to a line of credit that you can use to pay for eligible home improvement work.
