Types of Home Improvement Loans
Your home is an investment, and home improvement loans can provide the funds you need to strengthen this investment by renovations, updates, or repairs. However, not all home improvement loans are the same. So, we are going to compare different types of online home improvement loans for your information. Our opinions are on our own.
Loans for small home renovations
There are two options for appliers who are planning smaller home renovation projects with lower initial loan amounts: Marcus and Wells Fargo.
Marcus by Goldman Sachs offers a fixed-rate unsecured personal loan with no fee. Annual interest rates (APR) range from 6.99% to 23.99%, and loan terms range from 36 to 72 months. Only the most reputable applicants are eligible for the minimum interest rate and maximum loan period.