Our Home Improvement Loan will assist you in upgrading your home’s features, creating more living space or even personalizing your home to fit your lifestyle.
Get a Home Improvement Loan with three easy steps
Membership In The Credit Union
Existing members verify that your membership is up to date and current.
New members must ensure that your application has been approved.
Non-members must apply to be a member of the Credit Union. Complete the application form and submit the form along with all required documents to become a member.
1
Gather Your Documents & Apply
Gather all required documents in the checklists below and submit your application.
2
Have Your Application Verified And Approved
Get verified and approved for your loan of your choice.
3
Application Checklist
A list of your application needs to get you started! Make sure you have these before you apply for your loan.
- Estimates/Quotations for home improvements/renovations
- Credit Check Fee
- Loan processing/administrative fees (where applicable)
- Any additional supporting documents as required for the purpose of the loan
Frequently asked questions
A home improvement loan is typically used to pay for home upgrades—from remodeling or renovations to repairs.
The difference between a home equity loan and a home improvement loan:
- Home Equity Loan:
- Secured: A home equity loan is secured by your home’s equity.
- Purpose: Typically used for large projects with a long timeline.
- Loan Amount: Larger loan amount based on your home’s value and equity.
- Interest Rates: Often offers lower interest rates.
- Repayment: Fixed monthly payments.
- Risk: Puts your home at risk if you default.
- Home Improvement Loan:
- Secured or Unsecured: Can be secured or unsecured (based on personal borrowing power).
- Purpose: Geared toward smaller, shorter projects.
- Loan Amount: Smaller loan amount.
- Interest Rates: May have higher rates but offers flexibility.
- Repayment: Varies; shorter payoff periods.
- Risk: Generally doesn’t put your home at risk.
Unsure which type of loan is the right option? Have a chat with one of our Credit Officers to obtain more information.
Become a member today!
PSCU’s membership offers the most affordable options to help you save, borrow, and manage your finances.