Home improvement personal loans up to $50,000 - no collateral required

With a personal loan through Upgrade, you can check your rate and see how much you qualify for in minutes and funds are deposited directly into your account within a day of clearing necessary verifications.

A personal loan offers a fixed rate and fixed monthly payments, so you always know what you owe and when you will pay off your debt. With a home equity loan or HELOC, you use your home as collateral, which means a home appraisal, extra paperwork, and a longer process before you see any funds. HELOCs may also have variable rates, meaning your payments could increase over time. And if property values decline, the equity you're borrowing against can shrink.

Read more about the pros and cons of a personal loan, home equity loan, or other financing options.

Personal loan for home improvement: Apply through Upgrade and use the funds however you need for your project. You may also qualify for a discount by securing your loan with your home's built-in fixtures, like cabinets, shelving, and light fixtures, without using your home as collateral.

Upgrade Home Improvement financing: Upgrade partners with residential contractors to offer financing options. If your contractor partners with Upgrade, you can apply for financing directly through them.

Credit cards often come with high variable interest rates that can increase at any time, making it hard to predict the true cost of your project or when you'll pay it off. When home improvement costs get mixed in with everyday expenses, it becomes even harder to track.

A personal loan through Upgrade gives you a fixed rate and fixed monthly payments so you always know exactly what you're paying and when your project will be fully paid off.

Read more about the pros and cons of a personal loan, credit card, or other financing options.

No — with a personal loan through Upgrade, you don't need to use your home as collateral. The application is simple, you can check your rate in minutes with no impact to your credit score, and there's no home appraisal required. You can focus on your project, not the paperwork.

Applying is simple. Check your rate in minutes — there's no impact to your credit score and no cost. If the loan fits your needs, complete your online application. Once you've submitted any requested documents and completed the verification process, you should receive your funds within a day.

No, checking your rate won’t affect your credit score because we only perform a soft inquiry. Only you are able to see soft inquiries on your credit report.

Hard inquiries may impact your credit score and can be viewed by third parties.

Soft inquiry:

• Checking your rate to see what personal loan offers you may qualify for
• Accepting your offer

Hard inquiry:

• Funding your personal loan through Upgrade

Yes — you can make additional payments at any time with no prepayment fees. Pay off your loan early and save on interest without any penalties.

Check out this article for more tips on how to make the most of your loan.

You can borrow between $1,000 and $50,000 with a personal loan through Upgrade — enough to cover everything from minor repairs to full renovations. You should receive your funds within a day of clearing necessary verifications .

Yes — if you're a homeowner, you may qualify for an APR discount by securing your loan with your home's built-in fixtures, such as ceiling fans, bookshelves, and light fixtures.

Unlike a home equity loan or HELOC, your home won't be used as collateral, your rate will be fixed, and there's no home inspection or additional paperwork required.

You can learn more about the discount for homeowners when you check your rate.