A home improvement loan is a consumer credit that allows you to finance renovations to your home without a mortgage. Different types of renovation loans There are different types of financing available for home improvements: Renovation loan: lower rate, earmarked credit, invoices required, only for homeowners Green loan: For energy renovations, Limited credit, Invoices required, Only for homeowners Renovation loan: No invoices required, Tenants accepted, Higher rate

With a renovation loan you can finance various types of work, from a new lick of paint to a completely new design of your garden. For example, a renovation loan can be useful for: Renewing your roof, Installing a new heating system, Renewing your parquet or tiling, Financing solar panels, Insulating your attic, Building a swimming pool, Building or renovating your terrace, etc. Most works can be done with these loan to be financed. You must be able to justify your expenses with supporting documents (invoices, order forms, quotes, etc.) if you want to qualify for a lower rate.

To apply for a home improvement loan in Europe, you need to take the following steps: Determine your budget and request different quotes from contractors. This will give you an idea of ​​how much you can borrow and you can submit the necessary supporting documents to your lender. Run a home improvement loan simulation to determine the most appropriate repayment period. Submit your application to the lender of your choice Submit your supporting documents: identity card, invoices, payslips, etc. Sign the contract that your lender will send you if you meet all the conditions.

Here is a list of documents you need to get a renovation loan: Invoices or order forms to justify the nature of the work, Your ID, Pay slips or your last pay slip. In some cases, the lender may ask you for a document that proves that you are the owner of the home.