Support for Planned Projects
Explore financing for eligible renovation, maintenance and improvement expenses.
PERSONAL FINANCING
Home Improvement Finance
Make plans for your next home project with financing options for eligible renovations, repairs and property improvements.
ABOUT THIS PRODUCT
Finance for Projects That Improve Your Home
Home improvement finance may help eligible applicants fund planned repairs, renovations and upgrades. Whether you are updating an existing space or addressing an essential repair, the proposed financing is assessed according to your circumstances and project requirements.
Projects you may wish to finance
- Kitchen and bathroom renovations.
- Roof repairs and property maintenance.
- Flooring, painting and interior upgrades.
- Electrical and plumbing improvements.
- Energy-efficiency improvements.
- Other eligible residential improvement projects.
Planning your project
Before applying, consider the estimated project cost, contractor quotations, materials, permits where required and any additional expenses. A realistic budget can help you determine how much financing you may need.
Financing approval and the amount offered depend on the application assessment. Project costs alone do not determine eligibility.
POTENTIAL BENEFITS
Plan Your Home Improvements with Greater Clarity
Flexible Project Purposes
Different types of home improvement work may be considered, subject to the financing assessment.
Clear Financing Conditions
Review applicable interest, fees and repayment obligations before deciding whether to proceed.
ELIGIBILITY
Who May Apply?
Individuals planning eligible residential improvement projects may submit an initial enquiry for assessment.
Application considerations
- Accurate personal and contact information.
- A clear description of the proposed project.
- An estimate of the intended financing amount.
- Ability to meet the proposed repayment obligations.
- Compliance with applicable lending requirements.
Supporting information
If your enquiry progresses, you may be asked to provide project estimates, contractor quotations, invoices or other documents relevant to the proposed work.
Property ownership, occupancy or other project-related information may also be considered where relevant to the financing arrangement.
Submitting an enquiry does not guarantee approval or funding. Any collateral requirements, if applicable, will be explained as part of the proposed financing terms.
RATES AND COSTS
Understand Your Financing Terms
Loan Amount
Personal loan applications start at $4,999. The amount considered depends on your project, affordability and application assessment.
Interest Rate
Advertised interest rates start at 5.2%. This is the lowest starting rate, not a guaranteed rate for every applicant.
Fees and Repayment
A Due Diligence and Underwriting Fee may apply. Late payment fees may also apply. There are no early repayment penalties.
Applicable interest, fees, repayment obligations and conditions will be explained before you commit. Consider the total cost of financing alongside your project budget.
APPLICATION PROCESS
How to Apply for Home Improvement Finance
Submit Your Enquiry
Provide your contact details, intended financing amount and a brief description of your project.
Initial Review
Our team reviews your enquiry and may contact you for further information.
Project Assessment
If appropriate, relevant project estimates and supporting information may be requested.
Review the Proposal
Review the final financing terms, applicable costs and repayment obligations before accepting.
FREQUENTLY ASKED QUESTIONS
Home Improvement Finance FAQs
What can home improvement finance be used for?
It may be considered for eligible renovations, repairs, maintenance, upgrades and other residential improvement projects.
Do I need to own my home to apply?
Property ownership or occupancy requirements depend on the proposed financing arrangement. Any relevant requirements will be explained during assessment.
Will I need contractor quotations?
Quotations, estimates or invoices may be requested to help assess the intended project and financing amount.
What is the minimum application amount?
Personal loan applications start at $4,999. The amount considered is subject to assessment.
What interest rate applies?
Advertised interest rates start at 5.2%. Your actual rate depends on the financing product and application assessment.
Is collateral required?
Collateral requirements depend on the application and agreed conditions. Any security requirement will be explained before you commit.
Can I repay early?
Yes. There are no early repayment penalties. Your agreement will explain the applicable repayment arrangements.
How long does the initial review take?
We aim to respond to initial enquiries within 1–3 business days. Further verification may affect the overall processing time.
WISECHOICE FINANCIALS
Give Your Next Home Project a Clearer Financial Plan
Submit an initial enquiry to explore financing for your eligible home improvement project.
Apply Now