Put your money towards something special—your dream home
With a Home Improvement Loan, you can make your home a place you’ve always dreamed about. The loan is secured using your house as collateral, which means you’re likely to...
A secured loan used to repair or renovate a home
With a Home Improvement Loan, you can make your home a place you’ve always dreamed about. The loan is secured using your house as collateral, which means you’re likely to get lower rates. Pick your favorite contractor, and then start your application to see what we can do for you.
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Our Home Improvement Loans can cover a home you own in full or a home you’re still paying a mortgage on. The money from the loan is paid directly to your contractor.
A home improvement loan puts a lien on the borrower’s home as a mortgage. In order to be eligible for this loan type, you will will need:
1. An existing mortgage with Kelly Community, or
2. A home that has already been paid off
We also require the contractor’s bid, plans, and specs (if you are adding on to the house). Our appraisal will be based upon the improvements you are making. We can loan up to 80% of the home’s value on the improvements you have planned.