Home improvement personal loan details
Fees
When you take out a personal loan, you’ll pay no origination fees and there is no prepayment penalty. You’re always free to make loan payments ahead, in part or in full.
Terms
You can choose a term from 12 months to 84 months to pay back your loan. The maximum loan term for non-customers is 60 months.1
Amount
If you're already a U.S. Bank customer, you may borrow $1,000 up to $50,000 with a home improvement personal loan when you qualify. If you qualify and are not a current U.S. Bank customer, you may borrow $1,000 up to $25,000.1
Credit
If you have a FICO® Score of 660 or above – or higher if not a current U.S. Bank customer – a home improvement personal loan could be right for you. All loans are subject to credit approval.1
Find out more about credit scores.
Not a U.S. Bank customer? Explore our checking account options.
Ready to get started?
Ready to get started?
Apply now
Call 800-239-3302
Find a branch
Chat with a bankerNot sure what your home improvement project could cost?
If you’re thinking about a home improvement project but not sure what it could cost, we’re happy to help. Just answer a few quick questions and we’ll give you a personalized estimate.
Use this unsecured loan calculator to estimate your monthly payment.
How do you get a loan for home improvement?
The process to apply is fast and easy.
Step 1: Check your rate
Check your personalized rates. We’ll use some information about you to do a soft credit check, which will not affect your credit score.
Step 2: Apply
When you're ready to apply, you'll need:
- Social Security number (SSN)
- Home address and employment information
You can apply with another person. If you apply with a joint applicant, their income and credit background are also considered and may affect your interest rate or loan amount.
Once you submit your application, U.S. Bank will request a full credit report, which may affect your credit score.
How long does it take for a loan to process?
Typically we’ll notify you with your loan approval status in less than a minute.
Step 3: Close your loan
If your loan is approved and you’re a U.S. Bank personal checking or savings customer, you may close your loan online. If you don’t have a U.S. Bank personal checking or savings account, you may need to visit a U.S. Bank branch to close your loan.
Home improvement personal loan benefits
Quick funds to get your project started
Want to know if you can get a home improvement loan for a pool, a new addition or other renovations? You can use a home improvement personal loan for anything on your home wish list.
Fixed rates and set monthly payments
If you’re a U.S. Bank customer, you can borrow at least $1,000 up to $50,000. If you’re not a current U.S. Bank customer, you may be able to borrow up to $25,000. If approved, you’ll pay the same amount every month for a term of 12 to 84 months (maximum 60 months for non-customers), with a fixed annual percentage rate (APR), ranging from 5.99% to 18.49% APR.1
No collateral required
A personal loan is unsecured,2 meaning you don’t need to put up your house or car as collateral. This may be a good option if you lack equity or don’t qualify for a home equity loan or line.
No home inspection or appraisals
Since a personal loan doesn’t require your home as collateral, there are no home inspections or appraisals. You could get a loan for your project within hours.
Easy application process
Get quick access to funds with our easy and secure online application process. Applying for a home improvement personal loan only takes a few minutes and is issued based on your creditworthiness.
For more ways to pay for your home improvement projects, explore all of our home improvement loans.
