Home Improvement
Home improvements with little equity required
Do you need to make home improvements but don't have the extra funds? The Home Works Home Loan is a great solution because there is little or no equity required - which makes it ideal for new homeowners.
The Home Works Home Loan also makes home repairs and improvements more affordable with special extended terms that help keep your fixed, monthly payments low. You can borrow up to $50,000 which should cover the cost of most home improvement projects. And, you can choose to make the improvements yourself or hire a contractor.
Most home improvements are eligible, such as:
- Additions
- Driveways
- Plumbing
- Landscaping
- Siding
- Insulation
- Storm Windows
- New Roof
Home Improvement Loan Rates
| Products | Term | Loan Amount | APR* | Monthly Payment |
|---|---|---|---|---|
|
Unsecured Home Improvement Loan
With little or no equity required and fixed monthly payments. |
60 mo. | $5,000.00 | 9.69% | $105.47 |
|
Secured Home Improvement Loan (Subordinate Lien Only)
Secured by your home, with extended terms for larger projects. |
120 mo. | $25,000.00 | 8.69% | $312.51 |
Featured Articles
What Are the Different Types of Loans Available?
Before taking out a loan, compare interest rates, loan amounts, repayment terms and your existing financial obligations to find the best option. Making an informed borrowing decision can help you save money and support your long-term financial goals.
Financing Your Home Improvement Projects
There are countless ways to make your home feel homier — and potentially improve its market value. If your savings doesn’t cover your anticipated expenses for updating, repairing or building out your home, there are a variety of financing options you can explore. Read on for a look at some home financing alternatives.
How Much Equity Do You Have in Your Home?
Owning a home is a life milestone for many, and it can be one of your biggest investments. Part of that investment, and a prime benefit of owning a home, is reflected in your home’s equity.
Contact our loan experts
Disclosures
- *The Annual Percentage Rates (APRs) shown are available to well-qualified borrowers and include a .25% discount with any one of several qualifying checking accounts. The APRs are not available for the refinance of an existing Dollar Bank loan or mortgage. Qualifying checking accounts are subject to certain terms and conditions that may change after account opening. For real estate secured products, property insurance is required and flood insurance may be required. An appraisal ranging from $75 to $695 may be required. For loans secured by your home, closing costs typically range from $270 to $695(up to $1,900 in VA and up to $3,725 in MD) and can vary depending upon property type, location, and loan amount. Your actual APR will be determined by the amount of your loan, loan-to-value and lien position if applicable, repayment term, and a review of your credit. APRs are accurate when accessed and are subject to change without notice. For residents of Dollar Bank's markets only. Approval is subject to Dollar Bank underwriting guidelines.