Home Repair Loan

A home renovation loan is essentially an unsecured personal loan primarily intended for renovating, improving or furnishing a home.

You do not need to provide separate evidence of the renovation work or how the loan funds have been used.

A home renovation loan can be used for:

• renovating a bathroom or kitchen;

• renewing walls, ceilings and floors;

• repairing or replacing a roof;

• insulating a home;

• upgrading a heating system;

• electrical and plumbing work;

• purchasing new furniture or household appliances;

• furnishing an apartment, house or summer house;

• renovating a terrace, sauna or outbuilding.

No, you do not need to submit a renovation budget, quotations or purchase receipts when applying for a home renovation loan.

Once the funds have been transferred, you can decide how and in which order to carry out the renovation work.

You can submit the application online within a few minutes. Following a positive decision and the signing of the agreement, the loan amount is generally transferred to your bank account on the same business day.

The exact time at which the funds are received may depend on when the application is submitted and on your bank.

Yes, the home renovation loan can be partially or fully repaid before the date specified in the payment schedule.

In the event of early repayment, the agreement amendment fee specified in the current price list applies.