Best Home Improvement Loan Rates in April 2023

*Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are .50{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} points higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly payments for a $10,000 loan at 9.99{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} APR with a term of 3 years would result in 36 monthly payments of $322.62. © 2023 Truist Financial Corporation. Truist, LightStream, and the LightStream logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank.

Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of 8.49{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531}-35.97{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531}. All personal loans have a 1.85{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} to 9.99{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. Loans feature repayment terms of 24 to 84 months. For example, if you receive a $10,000 loan with a 36-month term and a 17.59{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} APR (which includes a 13.94{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} yearly interest rate and a 5{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $341.48. Over the life of the loan, your payments would total $12,293.46. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Personal loans issued by Upgrade’s bank partners. Information on Upgrade’s bank partners can be found at https://www.upgrade.com/bank-partners/.

Overview: LendingClub allows borrowers to add co-signers to their loans, making this a good fit for those who may not be able to qualify for a loan on their own, or who haven’t had a chance to build up their credit history yet

A representative example of loan payment terms is as follows: you receive a loan of $13,411 for a term of 36 months, with an interest rate of 12.16{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} and a 5.30{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} origination fee of $711, for an APR of 15.99{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531}. In this example, you will receive $12,700 and will make 36 monthly payments of $446.46. Loan amounts range from $1,000 to $40,000 and loan term lengths are 36 months or 60 months. Some amounts and term lengths may be unavailable in certain states. APR ranges from 6.34{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} to 35.89{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} and is determined at the time of application. Origination fee ranges from 2{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} to 6{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} of the loan amount. Lowest APR is available to borrowers with excellent credit. Advertised rates and fees are valid as of 3/15/22 and are subject to change without notice. 1. Between July 2021 and September 2021, more than two-thirds of personal loans issued by LendingClub Bank were funded within 48 hours after loan approval. The time it takes for a loan to be funded is not guaranteed and individual results vary based on multiple factors, including but not limited to investor demand. 2. Checking your loan rate generates a soft credit inquiry on your credit report, which is visible only to you. A hard credit inquiry, which is visible to you and others, and which may affect your credit score, only appears on your credit report if and when a loan is issued to you. Your loan APR will depend upon your credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, and your credit usage and history. Unless otherwise specified, all loans and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Loans are subject to credit approval and sufficient investor commitment. Deposit accounts are subject to approval. Only deposit products are FDIC insured. “LendingClub” and the “LC” symbol, and “Radius” and the “R” symbol, are trademarks of LendingClub Bank. © 2022 LendingClub Bank. All rights reserved.

You must apply for this offer and continue to meet the criteria used to select you for this offer. Loan approval and actual loan terms depend on your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and availability of collateral). OneMain charges origination fees where allowed by law. Depending on the state where you open your loan, the origination fee may be either a flat amount or a percentage of your loan amount. Flat fee amounts vary by state, ranging from $25 to $500. Percentage-based fees vary by state ranging from 1{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} to 10{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} of your loan amount subject to certain state limits on the fee amount. Visit omf.com/loanfees for more information. Maximum APR is 35.99{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531}, subject to state restrictions. APRs are generally higher on loans not secured by a vehicle. Loan proceeds cannot be used for postsecondary educational expenses as defined by the CFPB’s Regulation Z such as college, university or vocational expenses; for any business or commercial purpose; to purchase cryptocurrency assets, securities, derivatives or other speculative investments; or for gambling or illegal purposes.

Current OneMain Customers:  The above offer assumes that you do not have a current loan with OneMain or one of its affiliates. If you apply for the offer, a OneMain representative will discuss options available for current customers.

Additional conditions for secured loans: Secured loans require a first lien on a motor vehicle that meets our value requirements, titled in your name with valid insurance. Active duty military, their spouse or dependents covered by the Military Lending Act may not pledge any vehicle as collateral. If you are covered by the Military Lending Act, you are not eligible for secured offers.

Time to Fund Loans: Funding within one hour after closing through SpeedFunds must be disbursed to a bank-issued debit card. Disbursement by check or ACH may take up to 1-2 business days after loan closing.

Overview: Avant is a popular lender for borrowers with fair to poor credit. Its minimum credit score requirement is 580 FICO and 550 Vantage, lower than many other lenders. Avant is also a good choice for borrowers who haven’t built up much credit yet. 

Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000).

The full range of available rates varies by state. The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 26.48{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} and 60 monthly payments of $26.73 per $1,000 borrowed. For example, the total cost of a $10,000 loan would be $16,038 including a $752 origination fee. APR is calculated based on 5-year rates offered in December 2022. There is no down payment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.