Home Improvement Loans

You’ve got the vision – we’ll help fund it without unnecessary debt. Whether it’s a kitchen remodel, major home repairs, or a full home renovation, Haven helps you unlock your home’s equity with smarter structures designed to protect your cash flow and long-term goals.

Check how much equity you can access
  • No credit check
  • No obligation

Turn your house into your haven – without going backward financially.

At Haven, we believe your home should grow with you. Whether you’re updating a bathroom or adding space for a growing family, these aren’t just cosmetic upgrades – they’re investments in comfort, value, and long-term stability.

The problem? Too often, people are offered high-interest personal loans or credit cards that lead to more interest and less progress.
We do it differently.

Haven helps you finance home improvements through equity-backed financing options tailored to your full financial picture – not just your credit score.

What our strategic framework means for your loan:

  • Lower overall interest

  • Fixed monthly cost

  • A structure that supports long-term financial health

I needed cash out to remodel and pay off some bills.

Haven Client Survey

How Haven home renovation financing works

Most lenders focus on closing fast and selling a low rate. We focus on long-term outcomes.

At Haven, we structure your funding plan around your complete financial landscape, including income, existing debt, cash flow, and future plans.

Our renovation financing solutions are built to reduce unnecessary interest, avoid setbacks like extending your repayment term, and improve your debt-to-income ratio over time.

And because we look at your blended rate – not just your mortgage rate – you’ll see the true impact on your overall loan costs.

That’s the difference between simply borrowing… and building something smarter.

Why consider renovation financing?

Before dipping into savings or signing a personal loan, consider how home improvement loans work. They’re backed by equity and may offer better long-term outcomes.

  • No upfront cash requiredStart your home improvements without touching your emergency fund.

  • Affordable monthly paymentsA loan term that works with your income and renovation goals – without the need for a personal loan or a high subscription fee like some online lenders.

  • Lower interest ratesCompared to credit cards with higher interest rates or an unsecured personal loan.

  • Protect your DTIStructure the loan to support your debt to income ratio, not sink it.

  • Finance home improvements strategicallyAvoid short-term fixes that cost you more in the long run. Unlike personal loans, equity-backed solutions usually require collateral, which is why rates stay lower.

  • Tax benefits availableInterest on certain home improvement loans may be tax deductible, so ask your tax advisor.

When you consider the uncertainty with other loans, an equity-backed solution may be a smarter option for your home improvements – with no surprises built into your loan structure.

Smart options for funding home renovations

Depending on your needs, we help you choose – and structure – the right approach:

  1. Cash-out debt consolidation (aka, strategic refinancing)Refinance your current mortgage for a higher amount – then use the proceeds to fund a home improvement project or consolidate debt.

    • Best for: Larger renovation budgets or debt consolidation
    • Pros: Lower interest rates than credit cards; tax deductible interest may apply
    • Watch for: May reset your term if not structured with your financial health in mind

  2. Second mortgage (home equity loan)Take out a fixed-rate second mortgage and receive a lump sum to fund targeted renovations with our HELOAN option.

    • Best for: Mid-sized projects like bathroom remodeling, roof repairs, or HVAC upgrades
    • Pros: Predictable fixed monthly payments and flexible funding
    • Watch for: Adds a second monthly repayment amount alongside your primary mortgage

We’ll guide you through your loan options – helping you compare home equity lines, cash-out strategies, or other alternatives.

The goal? A renovation plan that protects your monthly payment amount and long-term cash flow.

How the approval process works

At Haven, we’ll guide you through your loan options, explain how they affect your monthly repayments, and help you understand whether a fixed interest rate or interest rate reduction could make the most sense.

Here’s how we make the loan application & approval process simple and strategic:

  • Quick online assessmentTakes one minute. No credit impact. Smart questions to understand your renovation goals.

  • Evaluate your blended rateWe look at more than credit – including equity, income, and monthly repayment amount requirements.

  • Structure your financing termsCustomize your funding plan to reduce overall costs, support your timeline, and improve your cash flow.

  • Provide collateral and finalize the planYour home secures the funds. We help you understand every step of the process, including what documents are required – such as recent pay stubs, tax returns, and your current mortgage statement.

Typical timelines:
  • Second mortgage: 3-5 weeks
  • Cash-out refinancing: 3–5 weeks

The entire process was quick and painless.

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Sample use case: consolidation + renovation

Meet Erica and Dan. They had $40K in high-interest debt (credit cards, personal loans) and wanted to renovate their outdated kitchen. Their original mortgage was at 4%, but their blended rate was nearly 11% when all debts were factored in.

Haven helped them with a strategic cash-out debt consolidation that:

  • Paid off the high-interest balances

  • Funded their kitchen remodeling

  • Lowered their blended rate by 5%
  • Reduced payments by over $700 per month

By using their equity smartly, they turned what felt like a financial setback into a home – and future – they were excited about again.

Eligible home renovation projects

If your home improvements add value, comfort, or functionality, it likely qualifies:

  • Kitchen remodeling
  • Bathroom remodeling
  • Roof repairs or HVAC upgrades
  • Room additions, garage conversions
  • Electrical, insulation, or plumbing upgrades
  • Accessibility improvements (e.g., wheelchair ramps)
  • Energy-efficient upgrades or solar panel installation
  • Foundation or structural repairs

Finally making the home repairs we’ve needed for years.

Haven client survey

Cash-out refinance vs. personal loan

While personal loans may sound faster, they often come with higher rates and less flexibility. A strategic home loan structure can offer lower monthly payments and smarter debt integration.

Cash-out refi
Personal loan

Lower (secured)
Higher (unsecured)

Based on home equity
Typically limited

Lower and longer term
Higher and shorter term

Often deductible
Rarely deductible

Strategic, equity-based
Faster, limited flexibility

When to consider a home improvement loan

If you have a home improvement project in mind, there’s more to consider than just the home improvement loan rates. Other factors include:

  • You’ve built equity and want to put it to work
  • You need to complete urgent home repairs
  • You’re planning a home improvement project for resale value
  • You want to avoid higher-rate personal loans
  • You’re looking for fixed rates and flexible loan terms
  • You want to finance home improvements without resetting your entire mortgage

FYI

Haven structures your monthly repayment around your income and equity, so you never feel overextended.

Why choose Haven for home improvement loans?

We don’t just quote loans, we build a structure around your future.

  • Fixed interest rate options with clear terms
  • Equity-first approach to protect your financial goals
  • Smarter loan built around your real-life timeline
  • No sales pressure – just guidance you can trust
  • Full transparency on loan options, proceeds, and terms

*Haven is an equal housing lender. All loan terms and availability are subject to approval and applicable regulations.

FAQs about Home Improvement Loans

Yes, but it’s typically not ideal. Personal loans may be available, but an equity loan usually offers better rates, fixed payments every month, and more flexible terms.

We don’t rely on credit score alone. At Haven, we look at your full financial picture, including equity, income, and cash flow. In some cases, borrowers with lower scores may still qualify, depending on the overall structure of the loan.

Once approved, loan disbursement can happen as quickly as the same day. Here’s what you can expect for the full process:

Most of our clients prefer a fixed monthly installment that supports consistent budgeting and long-term planning, so in general:

Yes, your home secures the loan. That’s what helps keep interest rates lower than unsecured personal loans.

In many cases, the interest on home improvement loans or a strategic refinance may be tax deductible, especially if the funds are used for substantial home improvements. Check with a tax advisor to confirm.

We review the full picture – including income, assets, and debt-to-income ratio – to help find a solution that works for you.

Haven doesn’t currently offer HELOCs, but we’ll help you understand the pros and cons of each so you can choose the best solution.

No. Unlike some online lenders that require direct deposit, a subscription fee, or accounts with providers like Sofi Bank, Haven’s renovation loans don’t require you to change banks or jump through unnecessary hoops. Your financial strategy comes first – not ours.